Flocean

Active#18 in Norway

Estimated valuation · Subsea desalination · Norway

Develops subsea desalination units placed on the seabed that use natural water pressure to cut energy use, selling fresh water under long-term offtake contracts.

Climate›subsea desalination flocean.com

Founded2024

HQOslo

Last roundSeries A with extension · Nov 2025

Country of originNorwayListed in the Norway ranking

Where would you invest?NorwayJurisdiction as cited by the ranking

Estimated valuation

AI · Norway ranking

≈ USD 120MUSD 93–150M · Hundreds of M$

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Series A with extension · USD 22.5M · Nov 2025
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Norway · all sectors	Top 20	#18	Edition 0 · October 2026	25 Nov 2026

Rank historyOct 2026 · #18First edition: no movements yet.

Funding history

Date	Round	Amount	Type	Investors
Nov 2025	Series A with extension	USD 22M	Equity	Xylem, Ari Emanuel, Orion, Rypples, Burnt Island Ventures, Freebird Capital, Katapult Ocean, Nysnø

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Flocean as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $120MUndervalued or overvalued?

Versus competitorsHow does it compare?

Who should acquire itStrategic buyers, and why

Who should it acquireAcquisition targets, and why

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Analyses are the opinion of their authors, not of Uback. They are checked before publication.

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Back Flocean whether or not it has agreed: your intention joins the pool on Flocean, passed to the Fundraising Desk of its country once it reaches critical mass. Backing on Uback (pronounced “you back”) means declaring an Interest (free) or an Intention (coming soon). Backing does not mean that this company is raising funds or that a shareholder is selling shares, and it is not a commitment to invest. Any deal, through a funding round or a sale by an existing shareholder, is handled by a partner desk: the Fundraising Desk of the country for a round, the Secondary Sales Desk assigned to the company for a sale.

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What the AI reads

Read by the AI at the next edition.

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Full Norway ranking →

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Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.