About ECOsubsea
ECOsubsea is an Environment company based in Storebo (Norway) founded in 2008 by Klaus Ostervold and Tor Mikal Ostervold. Provider of eco-friendly hull cleaning for shipowners in sustainable ports. ECOsubsea has raised $12 million across 1 funding round from investors including Blue Ocean. The company has 653 employees. Its chief executive, as recorded, is Tor Mikal Ostervold. Its Indian entity Electronic Arts Games (India) Private Limited reported revenue of ₹656 Cr. ECOsubsea offers products and services including Sustainable Hull Cleaning, Underwater Hull Inspection, and Niche & Propeller Management. Its focus areas include Waste & Water Management and Horizontal.
Company details
ECOsubsea was founded in 2008 and is based in Storebo, Norway. Operations focus on the maritime sector, where eco-friendly hull cleaning is delivered to shipowners operating in sustainable ports. Services encompass biofouling detection, issuance of biofouling passports, and complete collection along with processing of removed materials. These activities support compliance and environmental standards in port environments.
- Headquarters Storebo, Norway
- Employees 653
- Founders Klaus Ostervold, Tor Mikal Ostervold
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website ecosubsea.com
- Social LinkedIn Facebook Instagram
- Legal Name Electronic Arts Games (India) Private Limited
- Date of Incorporation 28 Jul, 2004
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹656 Cr
FY 2025 · +19% YoY
- Indian entity net profit₹74.14 Cr
FY 2025 · 11% margin
- Indian entity EBITDA₹198 Cr
FY 2025 · 30% margin
- Total Equity Funding$12M (USD)
in 1 rounds
- Latest Funding Round$12M (USD), Series B
Oct 2023
- Investors
- Employee Count653
Associated legal entities of ECOsubsea
ECOsubsea operates through Electronic Arts Games (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Electronic Arts Games (India) Private Limited CIN U72900TG2004PTC043773 | Active | 28 Jul 2004 | Hyderabad, Telangana | ₹656 Cr | 653 | 3 | View details |
Products & Services of ECOsubsea
ECOsubsea offers a comprehensive portfolio of products and services, including Sustainable Hull Cleaning, Underwater Hull Inspection, and Niche & Propeller Management.
Eco-friendly removal of biofouling from ship hulls.
Underwater assessment of ship hulls for maintenance needs.
Management of ship propellers and niches to ensure efficiency.
Funding Insights of ECOsubsea
ECOsubsea has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Series B round of $12 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12M
- Total Rounds 1
- Last Round Series B — $12M
- First Round $12M
(Oct 2023)
- Investors Count 1
All 1 funding rounds of ECOsubsea with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $12M | Series B | – | Blue Oceans Partners | – |
1 investors in total: 1 institutional.
Investors in ECOsubsea
ECOsubsea has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Blue Ocean.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Blue Ocean is focused on impact investments for ocean biodiversity regeneration. | blueoceanspartners.com | Paris, France |
Investor details for ECOsubsea
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Electronic Arts Games (India) Private Limited (ECOsubsea)
Electronic Arts Games (India) Private Limited is the primary company behind ECOsubsea. The board of Electronic Arts Games (India) Private Limited currently have 3 directors; the longest-serving is Priya Krishnadas, appointed in 2020. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priya Krishnadas DIN 08760418 | Managing Director | 02 Jul 2020 | 6 yrs 4 mo | Electronic Arts Games (India) Private Limited |
| Yong Soo Bae DIN 09327082 | Director | 09 Feb 2022 | 4 yrs 8 mo | Electronic Arts Games (India) Private Limited |
| James Larbey Crane DIN 11202254 | Director | 12 Sep 2025 | 1 yr 1 mo | Electronic Arts Games (India) Private Limited |
People of ECOsubsea
2 people are tracked at ECOsubsea (2 in leadership); the tracked headcount is 653.
| Name | Role | Group |
|---|---|---|
Klaus Ostervold | Co-Founder & CTO | Leadership |
Tor Mikal Ostervold | Co-Founder & CEO | Leadership |
Complete people profiles for ECOsubsea
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of ECOsubsea
Figures of Electronic Arts Games (India) Private Limited, the primary company behind ECOsubsea, for FY 2025. Revenue was ₹656 Cr (+19% year on year). Net profit was ₹74.14 Cr (11% margin). EBITDA was ₹198 Cr (30% margin). Revenue has grown at a compounded annual rate of +45% over three years and +37% over five years.
- ₹656 CrRevenue · FY 2025 · +19% YoY
- ₹74.14 CrNet profit · 11% margin
- ₹198 CrEBITDA · 30% margin
- ₹1.7 LakhPaid-up capital
- 653Employees (provident fund records)
- +45%Revenue CAGR, 3 years
- +37%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Electronic Arts Games (India) Private Limited are on its company page.
Detailed financial statements for ECOsubsea
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of ECOsubsea
2 dated milestones of ECOsubsea across 15 years, from founding to its latest funding, stage changes and deals.
- Founded ECOsubsea is founded.
- Funding First funding round of $12.0M.
Web traffic of ECOsubsea
The website of ECOsubsea (ecosubsea.com) receives about 2.5K visits a month.
- Monthly visits2.5K
▲ 54% vs previous month
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Frequently Asked Questions about ECOsubsea
ECOsubsea was founded in 2008 and raised its 1st funding round 15 years after it was founded.
ECOsubsea is headquartered in Storebo, Norway. It is registered at Storebo, Vestland, Norway.
Tor Mikal Ostervold is the CEO of ECOsubsea, as recorded in our data. They have also founded this company.
ECOsubsea is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Series B of $12M, raised on Oct 2023.
ECOsubsea has 653 employees.
The primary company behind ECOsubsea, Electronic Arts Games (India) Private Limited, reported revenue of ₹656 Cr for FY 2025, up 19% year on year.
ECOsubsea was founded in 2008 and is based in Storebo, Norway. Operations focus on the maritime sector, where eco-friendly hull cleaning is delivered to shipowners operating in sustainable ports. Services encompass biofouling detection, issuance of biofouling passports, and complete collection along with processing of removed materials. These activities support compliance and environmental standards in port environments.
ECOsubsea offers Sustainable Hull Cleaning, Underwater Hull Inspection, and Niche & Propeller Management.
ECOsubsea has 1 investor. Key investors include Blue Ocean.
ECOsubsea operates through Electronic Arts Games (India) Private Limited.
The legal entities of ECOsubsea currently have 3 directors, including Priya Krishnadas, Yong Soo Bae, James Larbey Crane.