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Flocean

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Subsea systems reducing desalination costs by utilizing deep-sea water for efficient, sustainable freshwater production

Oslo, NorwayFounded 2024Energy
Valuation $100–250M Last recorded · 2025
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Flocean and the history behind them.

About Flocean

Flocean.green, a company that emerged from the Norwegian family business Fuglesangs AS in 2013, specializes in subsea pumping systems designed to address the global water scarcity challenge. Operating in the water desalination market, Flocean.green leverages its Flocean system to tap into deep-sea water, significantly reducing the costs associated with traditional desalination processes. By situating their operations at 500 meters below sea level, the company benefits from the natural absence of photosynthesis, which results in lower levels of bacteria and organic matter. This unique approach minimizes the need for extensive pre-treatment processes, which typically account for a significant portion of the costs in conventional reverse osmosis (RO) plants. Flocean.green's business model focuses on providing cost-effective and environmentally sustainable solutions to water utility companies and regions facing water scarcity. The company generates revenue through the sale and implementation of its subsea systems, as well as through strategic partnerships, such as the recent agreement with Aqaba Water Company. By addressing the growing demand for freshwater, projected to outstrip supply by over 40% by 2030, Flocean.green positions itself as a key player in the sustainable water management sector.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2024
Headquarters
Oslo, Norway
Employees
23
Open positions
None listed
Dealroom signal
87.2/100
Sub-industry
Clean Energy, Water
Sector
Energy, Sustainable Development Goals, Climate Tech, Blue Economy, Water Tech, Water Management, Desalination, NIF defense security and resilience, NIF Crisis preparedness
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Nov 2025 $28M $110M Ariel Emanuel · Burnt Island Ventures · Orion · Xylem ↗
SERIES A✓Equity / VC Dec 2024 $11M $44M Burnt Island Ventures · Nysnø Climate Investments · Freebird Partners ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthProfitMargin
2026
2025
2024 —
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Growth signals

Flocean website traffic

Latest recorded traffic for Flocean is 1.3K monthly website visits, down 48% over the last three months. Flocean's team grew 43.8% over the past year.

Latest monthly visits1.3K 3-month web change-48% 1-year team growth+43.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A9 investors entered at this stage

  • Burnt Island Ventures
  • Nysnø Climate Investments
  • Freebird Partners
  • Ariel Emanuel
  • Orion
  • Xylem
  • Rypples
  • Katapult Ocean
  • Wellers Impact
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇳🇴 Norway81.8%
🇺🇸 United States9.1%
🇸🇪 Sweden4.5%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Flocean on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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