Open Ocean Robotics has completed a $4 million round of seed financing to advance its marine robotics and ocean data analytics platform.
This included a $2.8 million non-dilutive investment from Sustainable Development Technology Canada, an agency of the Canadian government, and $1.2 million from a syndicate of international investors including Rhiza Capital and Cindicates.
This funding enables the company to accelerate the development of its solar powered autonomous uncrewed surface vehicle technology and ocean data analytics platform for maritime monitoring. [Read more…] about Open Ocean Robotics raises $4 million to develop autonomous boat