Loading organizations...
§ Private Profile · Oslo, Oslo, Norway
Developer of subsea desalination systems using ocean pressure to produce low-carbon drinking water without brine discharge for coastal areas.
Founded in 2024 by Alexander Fuglesang as an FSubsea spin-out, Oslo-based Flocean develops subsea desalination systems utilizing natural ocean pressure at 400 to 600 meters depth to produce low-carbon drinking water without coastal infrastructure. The company utilizes a build-own-operate model, selling water as a service to municipal and industrial clients through long-term offtake agreements spanning 15 to 25 years. To commercialize its modular technology, Flocean raised $22.5 million in extended Series A funding backed by prominent investors including Xylem Inc., Burnt Island Ventures, Nysnø Climate Investments, and Katapult Ocean. Recently named a TIME Best Invention of 2025, the organization is preparing to deploy Flocean One, its inaugural commercial demonstrator plant at Mongstad, Norway. Operations for this pioneering subsea facility are officially scheduled to commence and deliver first water during the first half of 2026.
Flocean has raised $31.6M across 2 funding rounds.
Flocean has raised $31.6M in total across 2 funding rounds.
Flocean has raised $31.6M across 2 funding rounds. Most recently, it raised $22.6M Series A Extension in November 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 18, 2025 | $22.6M Series A Plus | — | Ariel Emanuel, Burnt Island Ventures, Freebird Capital, Katapult Ocean, Nysn Climate Investments, Orion, Rypples, Usha RAO Monari, Snehal Desai | Announced |
| Dec 10, 2024 | $9M Series A | John Egil Johannessen, Burnt Island Ventures, Freebird Partners, Nysn Climate Investments | Katapult Ocean, Kubota Corporation, MP Pensjon | Announced |
Flocean has raised $31.6M in total across 2 funding rounds.
Flocean's investors include Ariel Emanuel, Burnt Island Ventures, Freebird Capital, Katapult Ocean, Nysn Climate Investments, Orion, Rypples, Usha Rao-Monari, Snehal Desai, John Egil Johannessen, Freebird Partners, Kubota Corporation.