. As more of the freshwater we depend on evaporates, melts away, or empties into the sea in torrents, the need for desalination—transforming seawater into freshwater through chemical and mechanical processes—will only increase.
According to Bank of America research, water scarcity is a globally escalating issue, with 57% of underground aquifers already depleted past critical tipping points and freshwater demand outstripping supply by 1.7x. , led by surging demand in the Middle East and Africa, particularly Saudi Arabia. Flocean recently closed a Series A investment round, totaling $9 million and led by Burnt Island Ventures, Nysnø Climate Investments and Freebird Partners. According to the company’s press release, other participants in the round included Katapult Ocean, MP Pensjon, and former Bridgewater Associates executives investing through a Donor Advised Fund structure.
Flocean is strategically positioned to capture this expanding market by offering what water-stressed regions need most: a desalination solution that dramatically reduces energy costs and environmental impacts. Intelligent investors take note.Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.