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XOCEAN Secures €115 Million Investment to Accelerate Growth of Its Ocean Data Services Platform
XOCEAN, a prominent provider of ocean data for the offshore energy and civil hydrography sectors, has successfully raised €115 million to bolster its growth and expand its global presence. The funding round was organized in collaboration with S2G Ventures and received contributions from a consortium of investors, including S2G, Climate Investment, Morgan Stanley's 1GT fund, and an affiliate of the Crown Family's CC Industries. This financial boost aims to enhance XOCEAN's capabilities and support its strategic initiatives in the evolving market.
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