Saildrone Garners $14,000,000 Series A Funding Round

  • Feed Type
  • Date
    9/6/2016
  • Company Name
    Saildrone
  • Mailing Address
    1050 W Tower Ave. Alameda, CA 94501 USA
  • Company Description
    At Saildrone, we believe in revolutionary new approaches to ocean science. Ship time is expensive and yet ocean research depends on it. By augmenting traditional ships with a fleet of Saildrones, you can cost-effectively and autonomously gather data over large ocean areas in any conditions.
  • Website
    http://www.saildrone.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $14,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The Series A round of funding will be used to expand Saildrone’s fleet of sailing drones, enhance Saildrone’s data processing capacity, and scale commercial operations.
  • M&A Terms
  • Venture Investor
    Social Capital
  • Venture Investor
    Capricorn Investment Group
  • Venture Investor
    Lux Capital

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