OceanWell

About OceanWell

OceanWell develops modular, energy-efficient deep-sea water farms to solve water scarcity while protecting marine ecosystems. Their mission is to provide affordable, abundant fresh water production through sustainable and innovative desalination technology.

Products & Services

Water Farms:Modular, energy-efficient deep-sea desalination systems that harness natural ocean pressure to produce fresh water sustainably, with features like 40% energy reduction, no large plant footprint, and protection of marine life.

LifeSafe™:A technology designed to prevent harm to marine life by avoiding impingement and minimizing strong brine concentration during desalination.

Large Scale Cooling:A feature of water farms that supports industrial cooling needs with clean, cold water.

Specialties

Deep-sea desalination Energy-efficient water production Marine life protection Modular water farm design Climate-resilient water solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series A T: - FT: Series A	A: 11000000 MR: - FA: $11 million FAN: 11000000	D: 2024-11-20 FD: 2024-11-20	3 investors

Series A Latest

2024-11-20

$11.0M

3 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

R

Robert Bergstrom

Chief Executive Officer

LinkedIn (Pro only)

C

Charlie McGarraugh

Chairman & Lead investor

LinkedIn (Pro only)

M

Michael Porter

Chief Technology Officer

J

Jonathan Haswell

Chief Operating Officer

T

Tim Quinn

Water Policy Strategist

M

Michael Gerdes

Director of Engineering Operations

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Recent News

OceanWell Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised