What does Saildrone do?
Saildrone specializes in maritime defense and oceanographic surveys, providing real-time, accurate data through its renewable energy-powered fleet of unmanned surface vehicles equipped with sophisticated sensors and proprietary AI algorithms.
How much did they raise?
The company raised $60M in funding led by EIFO, with participation from Lux Capital, Washington Harbor Partners, Crowley, Academy Securities, Pinegrove, BZH Capital, What If Ventures, and Calm Ventures.
What are their plans for the money?
The funds will be used to further develop and deploy its maritime intelligence technology to meet European security and defense needs, enhancing border protection, critical infrastructure security, and hydrographic surveying.
What have they achieved so far?
Saildrone has demonstrated its operational expertise by sailing over 2,000,000 nautical miles and spending more than 50,000 days at sea, proving the longevity and reliability of its technology.
