When was XOCEAN founded?

XOCEAN was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is XOCEAN located?

XOCEAN is headquartered in Bergamo, Italy.

Who is the current CEO of XOCEAN?

James Ives of XOCEAN. They have also founded 1 company.

How many employees does XOCEAN have?

As of Aug 31, 2026, the latest employee count at XOCEAN is 219.

Is XOCEAN a funded company?

XOCEAN is a funded company, having raised a total of $169M across 8 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 20, 2019.

How much is XOCEAN worth?

The latest valuation of XOCEAN is $***** as of Apr 28, 2025.

When was the latest funding round of XOCEAN?

XOCEAN's latest funding was a $***** Series C round on Jan 09, 2025, with participation from 4 investors. Its primary sector is Water and Wastewater Management Tech. In Italy, the Water and Wastewater Management Tech sector has seen $48.1M in funding in 2026 to date.

Where does XOCEAN rank among its competitors?

XOCEAN ranks 1st amongst 47 active competitors, of which 15 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Blurgs, which secured $2.2M in Jul, 2026.

Who are the top competitors of XOCEAN?

XOCEAN's top competitors include Neptune Robotics, Saildrone and Nauticus Robotics. Among them, Blurgs secured the most recent funding round in July, 2026.

XOCEAN - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of uncrewed surface vessel ocean data acquisition services. It uses autonomous vessels to collect ocean data for various applications, including seabed mapping and environmental monitoring. The company offers a turnkey solution, encompassing data acquisition, processing, and interpretation, delivering final reports to clients. Services include multibeam echosounder, side-scan sonar, sub-bottom profiler, and magnetometer data collection. This approach provides a safe, cost-effective, and environmentally friendly alternative to traditional methods.

Website: xocean.com
Social
Email ID: *****@xocean.com
Phone Number: +353 **********

Key Metrics

Founded Year

2017

Location

Bergamo, Italy

Stage

Series C

Total Funding

$169M in 8 rounds

Latest Funding Round

Series C, Jan 09, 2025, $*****

Post Money Valuation

$***** as on Apr 28, 2025

Investors

VentureWave Capital & 9 more

Ranked

1^st among 47 active competitors

Employee Count

219 as on Aug 31, 2026

Investment & Acquisitions

Geomara & 1 more

Similar Companies

Saildrone & 37 more

View XOCEAN's full profile

XOCEAN has raised a total funding of $169M over 8 rounds. Its first funding round was on Oct 20, 2019. Its latest funding round was a Series C round on Jan 09, 2025 for $*****. 4 investors participated in its latest round. XOCEAN has 9 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of XOCEAN:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 09, 2025	9279493	Series C	4025392	8647843	6026581	8568189
Jun 11, 2024	2270027	Series B	6033819	5967152	3174325	Endeavor & 1 more
Jun 11, 2024	5580864	Venture Debt	6460343	8335046	7187912	European Investment Bank

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View details of XOCEAN's funding rounds and investors

The founders of XOCEAN is James Ives. James Ives is the CEO of XOCEAN.

Here are the details of XOCEAN's key team members:

James Ives: Founder & CEO of XOCEAN.
Contact Info: 1 email address

View details of XOCEAN's Founder profiles and Board Members

XOCEAN's employee count trend

XOCEAN has 219 employees as of Aug 26. Here is XOCEAN's employee count trend over the years:

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Top competitors of XOCEAN include Neptune Robotics, Saildrone and Nauticus Robotics. Here is the list of Top 10 competitors of XOCEAN, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	XOCEAN 2017, Bergamo (Italy), Series C	Provider of uncrewed surface vessel ocean data acquisition services	$169M	Morgan Stanley, European Investment Bank & 8 others	65/100
2nd	Neptune Robotics 2019, Singapore (Singapore), Series B	Provider of robotic hull cleaning and inspection for maritime vessels	$69.5M	HAX, Granite Asia & 10 others	64/100
3rd	Saildrone 2012, Alameda (United States), Series C	Developer of autonomous unmanned surface vehicle	$325M	Bond Capital, Horizons Ventures & 23 others	64/100
4th	Nauticus Robotics 2014, Webster (United States), Public	Developer of underwater robotics and AI-powered control software	-	ATW Partners, Material Impact & 1 others	59/100
5th	Ocean Infinity 2017, Austin (United States), Funding Raised	Provider of robotic ships to acquire ocean data	-	Enova	54/100
6th	Hullbot 2014, Sydney (Australia), Series A	Develops autonomous robots for private yacht cleaning	$16M	Regeneration.VC, impactcollective.net.au ... & 11 others	54/100
7th	Vaarst 2015, Bristol (United Kingdom), Series B	Provider of AI-based robotic analysis solutions for marine	$26M	Legal & General, SDF & 5 others	52/100
8th	Blurgs 2020, Bengaluru (India), Seed	Provider of AI-based platform for marine data tracking	$2.2M	Pravega Ventures, Shastra & 3 others	50/100
9th	Terradepth 2018, Austin (United States), Series B	Provider of autonomous subsea intelligence platform delivering actionable ocean data	$28M	Giant Ventures, Nimble Ventures & 4 others	48/100
10th	Modus 2008, Darlington (United Kingdom), Acquired	Manufacturer of unmanned underwater vehicle systems and services	$6.7M	Tompkins Investments, Kawasaki & 5 others	42/100