Tech Company Financing Transactions
Dive Technologies Funding Round
Dive Technologies, operating out of Quincy, secured $10 million from D. E. Shaw Group, First Momentum Ventures and Segenia Capital.
Transaction Overview
Company Name
Announced On
6/5/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
The company plans to use the new funding to expand its simulation portfolio to cover a wider range of use cases and strengthen its data analytics and data governance programs.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
180 Old Colony Ave.
Quincy, MA 02170
USA
Quincy, MA 02170
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Dive Technologies is a Veteran-Owned Small Business (VOSB) founded by engineers with a passion for undersea exploration and the experience to bring novel subsea robotics to life. We believe that ocean exploration deserves a capable and reliable AUV to deliver data at an acceptable price and Dive Technologies AUVs are the answer.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jerry Sgobbo
Chief Operating Officer
Sam Russo
Chief Technical Officer
William Lebo
VP - R & D
Timothy Raymond
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