OceanSaver Overview

  • Founded
  • 2003
  • Status
  • Acquired/​Merged
  • Employees
  • 50
  • Latest Deal Type
  • M&A

OceanSaver General Information


Provider of ballast water-treatment systems designed to help the medium and large vessels. The company's ballast water-treatment systems filter and disinfect ballast water to reduce environmental impacts of ballast discharge, which occurs when the ship loads cargo, enabling clients to have anti-corrosion component for the ships that can be added, to protect ballast-tank coating systems.

Contact Information

Formerly Known As
Foss & Varenhed Enterprise
Ownership Status
Financing Status
Formerly VC-backed
Primary Industry
Machinery (B2B)
Other Industries
Environmental Services (B2B)
Primary Office
  • P.O.Box 2087
  • 3003 Drammen
  • Norway
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OceanSaver Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 20-Sep-2017 Completed Bankruptcy: Admin/Reorg
3. Bankruptcy: Admin/Reorg 13-Sep-2017 Completed Bankruptcy: Admin/Reorg
2. Buyout/LBO 07-Apr-2011 $35.9M 000.00 Completed Profitable
1. Early Stage VC 01-Jan-2007 Completed Profitable
To view OceanSaver’s complete valuation and funding history, request access »

OceanSaver Comparisons

HQ Location
Total Raised
Post Valuation
Last Financing Details
Provider of ballast water-treatment systems designed to help the medium and large vessels. The company's ballast water-t
Machinery (B2B)
Drammen, Norway
50 As of 2016


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Cocoa, FL


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Sandnes, Norway
00 As of 0000
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OceanSaver Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Elastec Corporation Cocoa, FL
000000000 Venture Capital-Backed Sandnes, Norway 00 0000000000 0
000000 00000000000 Private Equity-Backed Isle of Wight, United Kingdom 00 000000000000
You’re viewing 3 of 3 competitors. Get the full list »

OceanSaver Executive Team (19)

Name Title Board Seat Contact Info
Helle Hundseid Chief Executive Officer
Frank Sverre Rognli Chief Financial Officer
Ellen Marie Greftegreff Wang Vice President, HR, HSE & Administration
Ova Hagen Vice President, International Operations
Madeline Elizabeth Brien Vice President, Project Delivery
You’re viewing 5 of 19 executive team members. Get the full list »

OceanSaver Board Members (10)

Name Representing Role Since
Jan Fossgård BW Ventures Board Member 000 0000
Kjell Storeide Self Board Member 000 0000
Pål Engebretsen Self Chairman 000 0000
You’re viewing 3 of 10 board members. Get the full list »

OceanSaver Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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OceanSaver Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Energy Capital Management Venture Capital Minority 000 0000 000000 0
Equinor Ventures Corporate Venture Capital Minority 000 0000 000000 0
Green Marine Capital PE/Buyout Majority 000 0000 000000 0
Investinor Venture Capital Majority 000 0000 000000 0
The Storebrand Group Fund of Funds Minority 000 0000 000000 0
To view OceanSaver’s complete investors history, request access »