Forever Oceans Overview
- Year Founded
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2014
- Status
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Private
- Employees
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130
- Latest Deal Type
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Series C
- Latest Deal Amount
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$50M
- Investors
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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
Website
www.foreveroceans.comCorporate Office
- 8120 Woodmount Avenue
- Unit 860
- Bethesda, MD 20814
- United States
Corporate Office
- 8120 Woodmount Avenue
- Unit 860
- Bethesda, MD 20814
- United States
Forever Oceans Timeline
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 |
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% |
Forever Oceans Comparisons
Industry
Financing
Details
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 |
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 |
Forever Oceans Signals
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 |
Forever Oceans FAQs
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When was Forever Oceans founded?
Forever Oceans was founded in 2014.
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Where is Forever Oceans headquartered?
Forever Oceans is headquartered in Bethesda, MD.
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What is the size of Forever Oceans?
Forever Oceans has 130 total employees.
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What industry is Forever Oceans in?
Forever Oceans’s primary industry is Aquaculture.
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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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