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OceanWell

Energy · Los Angeles, United States · Founded 2019

Solving water scarcity with sustainable, abundant fresh water from OceanWell's subsea desalination technology MoreLess

OceanWell is a water technology company targeting the global desalination market to address water scarcity. Founded in California in August 2019 by Robert Bergstrom, Charlie McGarraugh, and Dr. Michael Porter, the company emerged from Bergstrom's seven-year exploration into cleaner, more cost-effective desalination methods. Bergstrom, a 25-year veteran of the water industry, previously founded Seven Seas Water, a company that significantly lowered desalination costs in the Caribbean before being sold. This experience, combined with a drive to solve the water crisis, led him to establish OceanWell.

The company's core offering is a subsea desalination technology that operates differently from traditional land-based plants. It deploys modular pods at depths of 400 meters (about 1,300-1,400 feet) to harness the natural hydrostatic pressure of the ocean. This immense pressure powers the reverse osmosis process, reducing energy consumption by up to 40%. Each pod is designed to produce up to one million gallons of fresh water daily, filtering out salts, bacteria, viruses, and other contaminants like PFAS. The modular design allows for rapid, scalable deployment tailored to demand, eliminating the need for large, disruptive onshore industrial facilities. The system operates in the deep, aphotic zone of the ocean, where there is less marine life, and features a "LifeSafe" intake system to prevent harming organisms. Furthermore, the brine byproduct has a much lower salt concentration and dissipates quickly, avoiding the toxic brine outfall common with conventional desalination.

OceanWell serves municipal water agencies, industrial clients, and communities facing water scarcity. The business model focuses on providing utility-scale, reliable freshwater solutions. A key milestone is the partnership with the Las Virgenes Municipal Water District (LVMWD) to pilot California's first "Blue Water Farm". This collaboration, supported by a working group of 24 state water authorities, is a critical step toward commercialization. The company has successfully tested prototypes at the U.S. Navy's Deep Ocean Simulation Facility and is conducting pilot programs, with commercial readiness anticipated by 2028. OceanWell has secured significant funding, including a Series A round of $11 million from investors like Kubota Corporation, the family office of Jon Hemingway of Carrix Ports, and Charles McGarraugh.

Keywords: subsea desalination, water technology, reverse osmosis, hydrostatic pressure, modular water farms, water scarcity solutions, environmental desalination, clean water technology, Blue Water, climate change adaptation, water infrastructure, freshwater production, marine life protection, sustainable water, deep-sea technology, California water solutions, brine discharge reduction, energy-efficient desalination, potable water, water resilience

Company overview

OceanWell company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2019
Headquarters
Los Angeles, United States
Employees
16
Open positions
1
Dealroom signal
79.8
client focusb2btechnologyHardwaretechnologyDeep Techsub industryWaterbusiness modelManufacturingsectorWater TreatmentsectorSustainable Development GoalssectorClimate TechsectorBlue EconomysectorWater TechsectorWater ManagementsectorDesalinationsectorClimate AdaptationsectorDT and LS

Valuation & funding

OceanWell funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Nov 2024 $11M $44M Kubota · Charles McGarraugh
SEEDEquity / VC Dec 2022 $2M $8M Undisclosed
EARLY VCEquity / VC Jan 2021 $2M $8M Undisclosed
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 16
2025 12
2024 8
2023 8
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Growth signals

OceanWell website traffic

Latest recorded traffic for OceanWell is 3.9K monthly website visits, down 13.3% over the last three months. OceanWell's team grew 33.3% over the past year.

Latest monthly visits3.9K 3-month web change-13.3% 1-year team growth+33.3%
Monthly website visits36 observations · Feb 2023–Jul 2026
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Hiring

Open positions at OceanWell

Current openings linked to this company in Dealroom.

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Comparisons

OceanWell compared with similar companies

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Talent graph

OceanWell's talent

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Team profiled 2 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.

Investors

2 investors on OceanWell's cap table

Sourced from Dealroom's funding and investor records.

Series A 2 investors entered at this stage
Kubota
Charles McGarraugh

Global footprint

Where OceanWell has talent and traffic

Workforce by country
3 countries with
team presence
🇺🇸 United States75%
🇬🇧 United Kingdom16.7%
🇨🇦 Canada8.3%
3 countries shown

In the news

Latest news about OceanWell

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Market sentiment

What the market is saying about OceanWell

An AI-synthesized read of the highest-engagement posts about OceanWell on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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