Pre Seed Stage

XOcean Secures $119M to Revolutionize Ocean Data Collection with Uncrewed Surface Vessels

By : Syed Owais Date:February 3, 2025

Pioneering the Future of Ocean Data: XOcean’s Vision for the Blue Economy

In a world where climate change, environmental monitoring, and oceanic research are at the forefront of global conversations, XOcean is taking bold steps to change the way we gather data from our oceans. By leveraging cutting-edge technology, the company is addressing the growing need for accurate and real-time ocean data while minimizing human risk and environmental impact.

XOcean, an innovative tech startup, has recently raised a whopping $119 million in funding to continue its mission of transforming the way ocean data is collected. With this significant investment, the company is moving closer to its goal of enabling uncrewed surface vessels (USVs) to perform a wide range of essential tasks, from mapping the seabed to monitoring marine environments, all while reducing costs and environmental footprints.

But what sets XOcean apart from other companies operating in the same space? The answer lies in their uncrewed vessels, which are designed to operate autonomously across vast oceanic expanses. These vessels are equipped with advanced sensors and data-gathering tools, making it possible to gather high-quality data without the need for human involvement in potentially dangerous or inaccessible environments.

Revolutionizing Ocean Data Collection with Uncrewed Technology

The ocean has long been a challenging and expensive frontier for data collection. Traditional methods often rely on manned vessels or remote-operated vehicles (ROVs) to capture data, both of which come with significant risks, high costs, and limited operational reach. By replacing these traditional systems with uncrewed surface vessels, XOcean is unlocking an entirely new potential for data accuracy, operational efficiency, and safety.

These vessels, powered by green technologies, are designed to navigate large swaths of ocean with minimal human intervention. They are able to monitor conditions such as water temperature, salinity levels, marine life, and even seafloor mapping. With the ability to operate continuously for days or even weeks at a time, these vessels provide unprecedented opportunities for ongoing, high-frequency data collection that’s crucial for marine scientists, climate researchers, and environmental advocates.

For example, XOcean’s vessels have already been deployed for projects related to offshore wind farm development, where continuous, real-time data is critical for site assessments and project optimization. In addition to offshore wind, the vessels have been used in oil and gas monitoring, coastal monitoring, and marine environmental protection efforts, with significant results.

The Investment: A Bold Step Towards a Blue Economy

The recent $119 million in funding was led by Atlantic Bridge Ventures, with support from several other strategic investors, including Invesco and Invest Northern Ireland. The influx of capital will allow XOcean to accelerate its development, deploy more vessels, and expand its services to additional regions globally.

Chief Executive Officer of XOcean, James Ives, expressed his excitement about the funding, saying, "This investment will allow us to increase the pace of innovation and bring our cutting-edge uncrewed vessels to more industries and research groups that need reliable, real-time ocean data. We believe our solution represents the future of ocean exploration and environmental monitoring."

The funding will be used to expand the company’s fleet of uncrewed surface vessels and continue developing the cutting-edge AI-driven analytics that power their data gathering. XOcean plans to expand its presence in North America, Europe, and beyond, bringing oceanic data collection within reach of governments, environmental organizations, and private companies that rely on accurate and real-time data to make informed decisions.

The Blue Economy: Why Ocean Data Matters

As the global blue economy continues to grow, the need for accurate ocean data has never been more critical. The ocean is home to vast untapped resources, including renewable energy, marine biodiversity, and much-needed carbon sequestration opportunities. However, it also faces immense challenges, such as climate change, pollution, and the depletion of marine life. Without accurate and reliable data, addressing these challenges becomes a far more complex endeavor.

XOcean’s mission aligns with the growing urgency of sustainable ocean management. By providing continuous, real-time data with a lower environmental footprint, the company is empowering industries and organizations to better understand and protect our oceans. Whether it’s supporting marine conservation efforts, improving the effectiveness of offshore energy projects, or monitoring the health of marine ecosystems, XOcean is providing the tools that make responsible ocean stewardship possible.

Looking Ahead: XOcean’s Expanding Vision

With the new funding secured, XOcean is looking ahead to an exciting future. The company plans to further innovate its uncrewed surface vessels, optimizing their sensors and data analytics capabilities to offer even more precise and varied ocean insights. Additionally, they’re expanding their operations, targeting more strategic markets that demand high-quality ocean data for industrial and scientific purposes.

James Ives is clear about XOcean’s trajectory: "The future of ocean data is autonomous, and our uncrewed vessels represent the next step in that evolution. Our focus will be on expanding the range of use cases for our technology while continuing to innovate in the area of marine environmental monitoring."

As the company scales, the implications of XOcean’s technology could be transformative. By making ocean data more accessible, affordable, and frequent, they are opening up new possibilities for a sustainable and resilient blue economy.

Syed Owais

Founder & Fractional CBO - Who loves to deliver value over hype. Aiming to build a no-BS community for founders (by founder), investors, venture capitalists, accelerators and journalists.