Saildrone, an Alameda, Calif.-based provider of ocean data, ocean mapping, and maritime intelligence solutions, closed its $100M Series C funding round, bringing the total raised to date to $190M.
The round was led by Bond with participation from new investors XN, Standard Investments, Emerson Collective, and Crowley Maritime Corporation, previous investors Capricorn’s Technology Impact Fund, Lux Capital, Social Capital, and Tribe Capital. In conjunction with the funding, Noah Knauf, general partner at Bond, who will Sildrone’s Board of Directors.
The company intends to use the funds to grow its data insight teams and scale go-to-market functions.
Led by Richard Jenkins, founder and CEO, Saildrone provides products based on data collected from a fleet of uncrewed surface vehicles (USVs) that are powered primarily by renewable wind and solar power. The company’s USVs are autonomous vehicles sailing over 500,000 nautical miles, clocking more than 15,000 days at sea in some of the harshest conditions on the planet, collecting scientific data for climate intelligence and high-resolution bathymetric mapping of the ocean floor. The company also uses proprietary machine learning to provide marine domain awareness (MDA/ISR) for law enforcement and homeland security applications such as policing IUU fishing, counter narcotics operations, and marine sanctuary protection.
Saildrone USVs have a minimal carbon footprint and are equipped with advanced sensors and embedded ML/AI technology to deliver critical insights from any ocean, at any time of year.
FinSMEs
18/10/2021