Liquid Robotics Lands $22,000,000 New Round

  • Feed Type
  • Date
    6/7/2011
  • Company Name
    Liquid Robotics
  • Mailing Address
    1329 Moffett Park Drive Sunnyvale, CA 94089
  • Company Description
    Initially a joint venture between Jupiter Research Foundation and Roger Hine to develop an unmoored, station-keeping data buoy for monitoring humpback whales, Liquid Robotics was incorporated in January of 2007 to continue development of the technology.
  • Website
    http://www.liquidr.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $22,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment, the company’s first from venture capital, will help Liquid Robotics expand its business of deploying unmanned floating devices to remote parts of the ocean to measure things like oil spills for energy companies or fish populations for fisheries.
  • M&A Terms
  • Venture Investor
    VantagePoint Venture Partners
  • Venture Investor
    Schlumberger

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