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Sunlit Sea

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Prefabricated floating solar panels for marine environments

Oslo, NorwayFounded 2019Energy
Valuation $100–250M Last recorded · 2021
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Sunlit Sea

Sunlit Sea AS, established in 2019, is a Norwegian company specializing in floating solar power technology for marine applications. The company was co-founded by Per Lindberg, who serves as CEO, and Eirik Larsen, the CFO/CDO. Lindberg holds a PhD in Physics and has 15 years of experience in solar project development, while Larsen has a background in computer science with 20 years in programming and business.

The company's core product is a scalable photovoltaic system designed for near-shore and inland waters. Its technology is centered around the prefabrication of serially connected solar panels that are integrated with robust, heat-conductive aluminum floats. This design creates a tightly packed matrix of water-cooled panels that lie flat on the water, which enhances cooling, provides resistance to high winds, and allows for efficient performance in wavy conditions. This pre-assembly approach is designed to significantly accelerate deployment, with initial tests showing the potential to be 17 times faster than conventional on-site methods, thereby reducing construction costs and weather-related risks.

Sunlit Sea's business model includes the sale of its floating solar products and providing hourly charged services for project development in solar and hydrodynamic fields. The company is targeting the rapidly expanding floating solar market, which is projected to grow significantly faster than traditional land-based solar installations. While testing its technology in Norway, Sunlit Sea views sunnier regions like Central America, the Middle East, and Southeast Asia as its most promising markets. The company has received backing from investors including Holta Invest and Nunchi (Norway).

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Oslo, Norway
Employees
5
Open positions
None listed
Dealroom signal
57.0/100
Industry
Energy
Sub-industry
Clean Energy
Sector
Energy, Hard Tech
Business model
Manufacturing
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Nov 2021 $28M $111M Undisclosed ↗
Showing the latest 1 of 1 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.

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Growth signals

Sunlit Sea website traffic

Latest recorded traffic for Sunlit Sea is 1.8K monthly website visits, up 104.5% over the last three months. Sunlit Sea's team grew 0% over the past year.

Latest monthly visits1.8K 3-month web change+104.5% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

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

Team profiled 3 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
1 countries with
team presence
🇳🇴 Norway100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Sunlit Sea 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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