Liquid Robotics Drinks in $22M
[Updated 6/7/11 5:15 pm PDT] Sunnyvale, CA-based Liquid Robotics, maker of an autonomous, wave-powered robot that can glide on or below the sea’s surface, carrying industrial, scientific, or military instrumentation payloads, said today that it has raised $22 million in Series D funding. Vantage Point Capital Partners led the round, which was joined by Schlumberger, the provider of oilfield exploration services. A January regulatory filing showed Liquid Robotics had collected $18 million out of a potential $23.2 million in equity-based financing; Liquid Robotics says that filing pertained to the same funding round announced today, but that the fundraising hadn’t been completed at the time of the filing.
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