Tech Company Financing Transactions

Flocean Funding Round

On 11/18/2025, Flocean raised $22.5 million in Series A funding from Burnt Island Ventures, private investors and Katapult Ocean.

Transaction Overview

Company Name
Announced On
11/18/2025
Transaction Type
Venture Equity
Amount
$22,500,000
Round
Series A
Investors

Burnt Island Ventures (Lead Investor)

private investors (Lead Investor) (Ari Emanuel)

Katapult Ocean (Lead Investor)

Nysnø Climate Investments (Lead Investor)

Orion Corporation (Lead Investor)

private investors (William Wittusen)

Proceeds Purpose
The company intends to use the funds to accelerate the launch and operation of Flocean One in 2026 at Mongstad, to support continued organizational growth, and to advance large-scale commercial projects across Europe, the Middle East, the Americas, and island nations.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
Caspar Storms Vei 21
Oslo, 0664
Norway
Email Address
Overview
Flocean AS is the maker of the Flocean Desal. The company demerged from FSubsea, a 5-generation Norwegian family business, in 2024. Every day of the week, we design and deliver the world's most climate-smart, cost-effective and robust subsea pumping systems, including Flocean. Our mission with Flocean is to deliver affordable freshwater to people, farmers and industry in the most climate-smart and ocean-friendly way possible. We do this by harnessing the natural properties of deep ocean water, coupled with more than 100 years of subsea processing experience.
Profile
Flocean LinkedIn Company Profile
Social Media
Flocean Company Twitter Account
Company News
Flocean News
Facebook
Flocean on Facebook
YouTube
Flocean on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Alexander Fuglesang
  Alexander Fuglesang LinkedIn Profile  Alexander Fuglesang Twitter Account  Alexander Fuglesang News  Alexander Fuglesang on Facebook
Chief Financial Officer
Birgitte Hjertum
  Birgitte Hjertum LinkedIn Profile  Birgitte Hjertum Twitter Account  Birgitte Hjertum News  Birgitte Hjertum on Facebook
Vice President
Erlend Mjaavatten
  Erlend Mjaavatten LinkedIn Profile  Erlend Mjaavatten Twitter Account  Erlend Mjaavatten News  Erlend Mjaavatten on Facebook
VP - Bus. Development
Nils Heieren
  Nils Heieren LinkedIn Profile  Nils Heieren Twitter Account  Nils Heieren News  Nils Heieren on Facebook
VP - Operations
Solfrid Kolby
  Solfrid Kolby LinkedIn Profile  Solfrid Kolby Twitter Account  Solfrid Kolby News  Solfrid Kolby on Facebook
VP - Product Management
Christian Abelsson
  Christian Abelsson LinkedIn Profile  Christian Abelsson Twitter Account  Christian Abelsson News  Christian Abelsson on Facebook


 

 

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