Launching World’s First Commercial Subsea Desalination Plant, Flocean adds Xylem as Strategic Investor and Extends Series A Funding
Xylem Inc. New (XYL)
Last xylem inc. new earnings: 2/6 06:50 am
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Source: Business Wire
Global Water Tech Leader Xylem to Help Scale Flocean’s Desalination Solutions; Series A Funding Extended to $22.5M OSLO, Norway--(BUSINESS WIRE)--Flocean, the Norwegian subsea desalination company recently named as a TIME Best Invention of 2025, today announced it has extended its total Series A funding to $22.5M (NOK 228 million).This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251118762365/en/Flocean One Outside Mongstad: Alver Mayor Nina Bognøy with Flocean Founder & CEO Alex Fuglesang and Flocean VP Products and Strategy Nils Halvor Heieren (Photo: Flocean)The extension adds Xylem Inc. (NYSE: XYL) as a strategic investor alongside backing from existing investors Burnt Island Ventures, Freebird Capital, Katapult Ocean, Nysnø Climate Investments, and new investors Ari Emanuel, Orion, Rypples and Wellers Impact's Water Unite Impact Fund. The CEO of Asset Buyout Partners (ABP), building on their long-term real estate and i
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News
- Xylem (NYSE:XYL) had its price target raised by analysts at TD Cowen from $130.00 to $135.00. They now have a "hold" rating on the stock.MarketBeat
- Xylem (NYSE:XYL) had its "hold" rating reaffirmed by analysts at Cowen Inc.MarketBeat
- Xylem Inc. (XYL): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Xylem (NYSE:XYL) had its "buy (b)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Xylem (NYSE:XYL) had its "buy (b-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
XYL
Earnings
- 10/28/25 - Beat
XYL
Sec Filings
- 11/5/25 - Form 4
- 11/4/25 - Form 144
- 10/31/25 - Form 4
- XYL's page on the SEC website