Startup · Ireland
XOCEAN
HQ Rathcor, IrelandFounded 201751-200 employeesUpdated
Using Uncrewed Surface Vessels (USVs), XOCEAN provides turnkey ocean data.
Funding8 rounds · ~$170M
- Equity raised
- ~$170M
- Debt, secondaries & grants
- ~$23.8M
- Latest
- ~$119MSeries C · Jan 9, 2025
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Jan 9, 2025 | Series C | ~$119M | — | — | — | Reported |
| Jun 10, 2024 | Debt | ~$21.5M | — | — | — | Reported |
| Jun 10, 2024 | Series B | ~$32.3M | — | Endeavor Catalyst, Enterprise Ireland | — | Reported |
| Sep 29, 2021 | Series A | ~$9.4M | — | — | — | Reported |
| May 5, 2021 | Grant | ~$2.1M | — | — | — | Reported |
| Nov 20, 2019 | Undisclosed | ~$8.7M | — | — | — | Reported |
| Jun 17, 2019 | Pre-Seed | ~$565K | — | — | — | Reported |
| Jan 15, 2019 | Grant | ~$228K | — | — | — | Reported |
- Series C~$119MJan 9, 2025
- Debt~$21.5MJun 10, 2024
- Series BLed by Endeavor Catalyst, Enterprise Ireland~$32.3MJun 10, 2024
- Series A~$9.4MSep 29, 2021
- Grant~$2.1MMay 5, 2021
- Undisclosed~$8.7MNov 20, 2019
- Pre-Seed~$565KJun 17, 2019
- Grant~$228KJan 15, 2019
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Uncrewed systems | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Uncrewed surface vessels delivering ocean and seabed data; no defense or government-security use is stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Uncrewed surface vessels delivering ocean and seabed data; no defense or government-security use is stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People2
| Person | Role |
|---|---|
| James Ives | Founder and CEO |
| Karen May | CFO |
Sources4
Profile2
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Ireland", "hq_iso2": "IE", "id": "9e1cbfd9-6e36-42c6-b595-6d3ffe301fd9"}”
- 2
XOCEAN · Supports Organization · description, Organization · founded year, Organization · name, Organization · website
“Using Uncrewed Surface Vessels (USVs), XOCEAN provides turnkey ocean data. From mapping the seabed to environmental monitoring, XOCEAN offers a safe, economic and carbon neutral solution to ocean data delivery.”
Funding1
- 3DatabaseXOCEAN company profile
Octen Business Search · Supports Funding round, Organization · employee range, Organization · hq city, Organization · hq region, Organization · linkedin url, Organization · ownership, Role
“funding round: Debt Financing, 2024-06-10, EUR 20,000,000, lead: European Investment Bank”
People1
- 4
prnewswire.com · Supports Role
“Commenting on the funding, XOCEAN's Founder and CEO James Ives said: "Our mission is to deliver data that drives the sustainable development of our oceans in a safe, cost-effective, and ultra-low-impact way.”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.