Liquid Robotics Soaks Up $18M
Liquid Robotics, headquartered in Sunnyvale, CA, has collected $18 million in equity-based financing in a round that could reach as high as $23.2 million, according to a regulatory filing. The four-year-old startup makes an “autonomous marine vehicle” called the Wave Glider that carries sensor payloads and moves by converting wave motion into thrust. The device was originally developed to monitor humpback whale populations, but today Liquid Robotics is marketing it for defense, scientific, and commercial applications. In 2009 a Wave Glider circumnavigated the island of Hawaii in nine days at an average speed of 1.6 knots.