Forever Oceans Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 130

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $50M

  • Investors
  • 17

Forever Oceans General Information

Description

Developer of sustainable aquaculture technology designed for the natural protein seafood market. The company offers help to nourish the population while revitalizing the ocean by raising seafood in an environmentally sustainable way using artificial intelligence, robotics, and cloud computing technology, providing clients with a positive impact on the environment and tasting finfish, compelling unit economics, and a growing customer base.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 8120 Woodmount Avenue
  • Unit 860
  • Bethesda, MD 20814
  • United States
Primary Industry
Aquaculture
Other Industries
Food Products
Vertical(s)
CleanTech, FoodTech, Climate Tech, Artificial Intelligence & Machine Learning, E-Commerce
Corporate Office
  • 8120 Woodmount Avenue
  • Unit 860
  • Bethesda, MD 20814
  • United States

Forever Oceans Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Forever Oceans Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC (Series C) 30-Jun-2023 $50M Completed Generating Revenue
7. Later Stage VC (Series C) 24-Jun-2021 Completed Generating Revenue
6. Later Stage VC (Series B) 29-May-2019 Completed Generating Revenue
5. Early Stage VC (Series A1) 28-Jun-2018 Completed Generating Revenue
4. Grant 01-Mar-2018 Completed Generating Revenue
3. Grant 01-Jan-2018 Completed Generating Revenue
2. Accelerator/Incubator 18-Sep-2015 $100K Completed Generating Revenue
1. Early Stage VC 21-May-2015 $100K $100K Completed Generating Revenue
To view Forever Oceans’s complete valuation and funding history, request access »

Forever Oceans Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C
Series B
Series A-1 8,170,356 $0.000100 $1.21 $1.21 1x $1.21 12.36%
To view Forever Oceans’s complete cap table history, request access »

Forever Oceans Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of sustainable aquaculture technology designed for the natural protein seafood market. The company offers help
Aquaculture
Bethesda, MD
130 As of 2024

Gamle Fredrikstad, Norway
 

San Diego, CA
 
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Forever Oceans Competitors (7)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Nordic Aquafarms Venture Capital-Backed Gamle Fredrikstad, Norway
BlueNalu Venture Capital-Backed San Diego, CA
Open Blue Cobia Venture Capital-Backed Miami, FL
AquaMaof Aquaculture Technologies Angel-Backed Rosh Haayin, Israel
Ocean Era Venture Capital-Backed Kailua-Kona, HI
You’re viewing 5 of 7 competitors. Get the full list »

Forever Oceans Patents

Forever Oceans Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3203897-A1 System and method for removal and processing of aquaculture mortalities Pending 30-Dec-2020
EP-4271179-A1 System and method for removal and processing of aquaculture mortalities Inactive 30-Dec-2020
US-20230413789-A1 System and method for removal and processing of aquaculture mortalities Pending 30-Dec-2020
CA-3194917-A1 Autonomous real-time feed optimization and biomass estimation in aquaculture systems Pending 07-Oct-2020
EP-4225026-A1 Autonomous real-time feed optimization and biomass estimation in aquaculture systems Inactive 07-Oct-2020 A01K61/80
To view Forever Oceans’s complete patent history, request access »

Forever Oceans Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Forever Oceans Investors (17)

Investor Name Investor Type Holding Investor Since Participating Rounds
Australia Future Fund Sovereign Wealth Fund Minority
Municipal Employees' Retirement System of Michigan Limited Partner Minority
Potomac Angel Capital Angel Group Minority
StepStone Group Asset Manager Minority
Capella Partners Venture Capital Minority
You’re viewing 5 of 17 investors. Get the full list »

Forever Oceans FAQs

  • When was Forever Oceans founded?

    Forever Oceans was founded in 2014.

  • Where is Forever Oceans headquartered?

    Forever Oceans is headquartered in Bethesda, MD.

  • What is the size of Forever Oceans?

    Forever Oceans has 130 total employees.

  • What industry is Forever Oceans in?

    Forever Oceans’s primary industry is Aquaculture.

  • Is Forever Oceans a private or public company?

    Forever Oceans is a Private company.

  • What is the current valuation of Forever Oceans?

    The current valuation of Forever Oceans is .

  • What is Forever Oceans’s current revenue?

    The current revenue for Forever Oceans is .

  • How much funding has Forever Oceans raised over time?

    Forever Oceans has raised $170M.

  • Who are Forever Oceans’s investors?

    Australia Future Fund, Municipal Employees' Retirement System of Michigan, Potomac Angel Capital, StepStone Group, and Capella Partners are 5 of 17 investors who have invested in Forever Oceans.

  • Who are Forever Oceans’s competitors?

    Nordic Aquafarms, BlueNalu, Open Blue Cobia, AquaMaof Aquaculture Technologies, and Ocean Era are some of the 7 competitors of Forever Oceans.

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