XOCEAN

Assembly Line

XOCEAN Secures €115 Million Investment to Accelerate Growth of Its Ocean Data Services Platform

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: XOCEAN, S2G Ventures


XOCEAN Secures €115 Million Investment to Accelerate Growth of Its Ocean Data Services Platform. This financing will support XOCEAN in accelerating the growth of its platform servicing the offshore energy and civil hydrography sectors. It will also help enable the company’s geographic expansion and product innovation efforts to meet the rapidly growing demand for high-quality data solutions across the blue economy. Founded in Ireland in 2017, XOCEAN has revolutionized offshore geophysical data delivery with its fleet of Uncrewed Surface Vessels (USVs). These USVs combine mission endurance, advanced sensors, real-time communications, and post-processing expertise to offer clients a flexible, cost-effective solution for the delivery of their offshore geophysical data needs.

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