Tech Company Financing Transactions
Saildrone Funding Round
Saildrone, based in Alameda, secured $14 million from Social Capital, Capricorn Investment Group and Lux Capital.
Transaction Overview
Company Name
Announced On
9/6/2016
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series A
Investors
Social Capital (Lead Investor) (Ted Maidenberg)
Capricorn Investment Group (Dipender Saluja)
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
1050 W Tower Ave.
Alameda, CA 94501
USA
Alameda, CA 94501
USA
Phone
Undisclosed
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richard Jenkins
Chief Operating Officer
Sebastien Halleux
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