Tech Company Financing Transactions

Saildrone Funding Round

On 5/16/2018, Saildrone secured $60 million in Series B investment from Horizons Ventures, Capricorn Investment Group and Lux Capital.

Transaction Overview

Company Name
Announced On
5/16/2018
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series B
Investors

Horizons Ventures (Lead Investor) (Bart Swanson)

Capricorn Investment Group (Ion Yadigaroglu)

Lux Capital (Bilal Zuberi)

Schmidt Family Foundation

Social Capital (Ted Maidenberg)

Proceeds Purpose
This expanded facility will enable Saildrone to accelerate its manufacturing and deployment of the 1,000 autonomous vehicles required to achieve global coverage of the world's oceans at a six by six degree resolution.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
1050 W Tower Ave.
Alameda, CA 94501
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
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.
Profile
Saildrone LinkedIn Company Profile
Social Media
Saildrone Company Twitter Account
Company News
Saildrone News
Facebook
Saildrone on Facebook
YouTube
Saildrone on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Richard Jenkins
  Richard Jenkins LinkedIn Profile  Richard Jenkins Twitter Account  Richard Jenkins News  Richard Jenkins on Facebook
Chief Operating Officer
Sebastien Halleux
  Sebastien Halleux LinkedIn Profile  Sebastien Halleux Twitter Account  Sebastien Halleux News  Sebastien Halleux on Facebook


 

 

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