Company

XOcean

XOcean is an Irish ocean-Data company (founded 2017, Dundalk) operating one of the largest fleets of survey-class uncrewed-surface-vehicles (USVs).

Track XOcean

Founded: 2017
HQ: Dundalk, Ireland
Status: private (EUR 115M Series C Jan 2025)

The verified answer

As of Sep 2026, DEPLOY verifies XOcean: 1 model, 1 deployment across 1 region, $237.0M raised. 3 sources back the record.

CategoryMaritime

Funding

$237.0M

Models

Deployments

Overview

XOcean is an Irish ocean-Data company (founded 2017, Dundalk) operating one of the largest fleets of survey-class uncrewed-surface-vehicles (USVs). The XOcean USV autonomously collects hydrographic, environmental, and fisheries data for offshore clients.

Verified record

Verified deployments: 1 deployment on file
Active incidents: None on file

Valuation of record

DEPLOY VERIFIED

$1.2B (reported, approximate)as of Jan 2025

Priced roundSeries C post-money

See the full valuations ranking →

Key facts

Model

Data-as-a-service survey-USV fleet (sells ocean data, not hardware); offshore wind / hydrography.

Fundingsee investors →

EUR 115M (~$119M) Series C (Jan 2025); largest survey-USV fleet (company-reported).

Application areas

Offshore wind, hydrography, asset integrity

Data & sources

Press releases

News coverage

Web sources

3 sources backing this record.View all →

Models (1)

View all models →

Current platform

XOcean USV

XOcean, founded in 2017 in Ireland, operates one of the largest fleets of survey-class uncrewed surface vessels and sells ocean data rather than hardware, recorded in the maritime form factor as the data-as-a-service archetype's second example alongside Saildrone. Its captive fleet gathers data for offshore-wind survey, hydrography, asset integrity, and carbon capture and storage across 22 jurisdictions, with the company reporting more than 4 million gigabytes delivered and support for 43.1 gigawatts of offshore wind, and it raised a 115-million-euro, roughly 119-million-dollar Series C in January 2025 to expand its fleet and segments. The registry records it at commercial maturity on the strength of verified material funding and an operating fleet. Its editorial throughline is the data-as-a-service archetype shared with Saildrone, with both companies operating captive fleets that sell ocean data rather than vessels, while XOcean differs in its offshore-wind-survey focus and European customer base and is privately European-funded rather than US and global venture and defense funded. Its claims to the largest survey-USV fleet and the figures of 22 jurisdictions, more than 4 million gigabytes delivered, and 43.1 gigawatts of offshore wind supported are company-reported and not independently audited, and its exact current fleet size and named customer roster are not enumerated given the limited per-customer disclosure typical of data-as-a-service operators.

maritime_surfaceView model →

XOcean on the deployment map

View the global map

1 verified deployment across 1 region, newest verified Apr 2022. Explore where XOcean's robots are operating, by place and type.

Free to use on your site, with a link back to DEPLOY.

operationalXOcean USV at Aberdeen →United Kingdom · verified Apr 2022

View the full XOcean deployment record →

Free to use on your site, with a link back to DEPLOY.

Relationships

SS2G VenturesInvestor CClimate InvestmentInvestor MMorgan StanleyInvestor CCC Industries (Crown Family)Investor MMorgan Stanley 1GT FundInvestor XXOceanCustomer

Current leadership (1)

James Ives Founder and CEOsince 2017-01-01secondary-verified

Founders (1)

James Ivessolefounded 2017-01-01

See all founders across the registry →

Safety record

No incidents on record for XOcean.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Operator customers (1)

XOcean1 deployment

Recent coverage

XOcean in third-party press

Two XOCEAN USVs to survey UK’s 2.2 GW link

Sep 1, 2026

Xocean raises 19M to capture ocean data with uncrewed surface vessels

Jan 9, 2025

Peers

34 peers across 1 segment. Every XOcean competitor derived from shared form-factor and application-domain edges.

marine(34)

29 companies in this segment · highly_concentrated (HHI 5727.802012906746) · leader Anduril Industries at 7141%

Supplied by (1)

Sensors

NovAtelvia XOcean USVNovAtel precision GNSS -- positioning for ocean data collection missionssupplies

Inbound supply edges feeding this company directly or via the models it owns. Same source bar as the outbound view (verified against at least two strong sources).

Financial state

Total funding: $237.0M
Reporting basis: private_reported
Lifecycle stage: growth
Counterparty risk class: moderate

Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.

Funding rounds (3)

Funding by round

XOcean’s 2 disclosed rounds, $237M in total, oldest to newest.

Other2025-01$118M

Series C2025-01$119M

Other2025-01-09
$118M(reported) · $590M post
Investors: S2G Ventures (lead), Climate Investment (follow), Morgan Stanley (follow), CC Industries (Crown Family) (follow)
Series C2025-01-09
$119M(reported) · $1.2B post
Investors: S2G Ventures (lead), Climate Investment, Morgan Stanley 1GT Fund, CC Industries (Crown Family)
Series B2025-01-01

See the full valuations ranking →

Timeline

Every recorded move in XOcean’s history, most recent first: funding rounds, partnerships, acquisitions, supply-chain starts, key hires, and press.

New supplierNew supplier: SICK AG
2026-08-23
Supply: Navigation sensors from SICK AG
New supplierNew supplier: NVIDIA
2026-08-23
Supply: Edge compute for USV navigation from NVIDIA
Funding roundOther funding round
2025-01-09
Other raising $118000000
Funding roundSeries C funding round
2025-01-09
Series C raising $119000000
Funding roundSeries B funding round
2025-01-01
Series B
Key hireJames Ives joins as Founder and CEO
2017-01-01
James Ives appointed Founder and CEO (current)

Recent activity

Every change to this record is dated, sourced, and independently verified where marked.

Verified media addedVerifiedJun 4, 2026
XOcean uncrewed surface vessels
Record createdJun 3, 2026
Added to the verified registry
Deployment verifiedVerifiedApr 20, 2022
XOcean USV at Aberdeen

Full change history →

Sources (3)

Common questions

What is XOcean?

What does XOcean make?

XOcean has 1 robot model on the DEPLOY registry: XOcean USV (XOcean builds both physical robots and the AI that runs them).

Is XOcean publicly traded?

No. XOcean is privately held and not publicly traded, per the DEPLOY registry.

Who competes with XOcean?

On the DEPLOY registry, peer companies to XOcean building in the same form factors include Saildrone, Saronic Technologies, BAE Systems, Kongsberg Maritime.

Who is the CEO of XOcean?

James Ives is the ceo of XOcean, per the DEPLOY registry.

How can I invest in XOcean?

XOcean is a private company; its shares are not available on public markets, so retail investors cannot buy the stock today. It has raised $237M in disclosed funding.

Where is XOcean headquartered?

XOcean is headquartered in Dundalk, Ireland.

How much funding has XOcean raised?

XOcean has raised approximately $237M in disclosed funding on record in the DEPLOY registry.

Who owns XOcean?

XOcean is privately held and venture-backed ($237M raised); ownership sits with its founders and private investors.

Where does XOcean operate robots?

XOcean operates 1 verified deployment, including at Aberdeen.

How many robots has XOcean deployed?

DEPLOY has 1 verified XOcean deployment on record at sites including Aberdeen. That is a count of distinct field deployments each backed by sourced evidence, not a manufacturer's claimed unit total; it updates as new sites are verified.

Is XOcean a top robotics company?

On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, XOcean ranks in roughly the top 40% of companies tracked by the registry.

When was XOcean founded?

XOcean was founded in 2017.

Is XOcean safe?

XOcean has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.

Methodology: Verified · 3 sources (1 primary) · last reviewed 2026-08-21

Verification posture

Verified

High confidence

Review state

Stable

Last reviewed 2026-08-21

Sources by quality tier

1: secondary-industry-publication; Industry publication
1: primary-company-ir; Company IR disclosure
1: unclassified; Unclassified source

The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.

Peer companies

Saildrone4 models
Saronic Technologies4 models
BAE Systems3 models
Kongsberg Maritime3 models
Rekise Marine3 models
L3Harris2 models

XOcean

Overview

Key facts

Data & sources

Models (1)

XOcean USV

XOcean on the deployment map

Relationships

Current leadership (1)

Founders (1)

Safety record

Operator customers (1)

Recent coverage

Peers

marine(34)

Supplied by (1)

Sensors

Financial state

Funding rounds (3)

Timeline

Recent activity

Sources (3)

Common questions

Peer companies

In the press

Two XOCEAN USVs to survey UK’s 2.2 GW link

Xocean raises 19M to capture ocean data with uncrewed surface vessels

Machine-readable surfaces

Peer companies