Maritime technology company Ulysses raised $38M in funding led by Andreessen Horowitz to develop autonomous submersibles for subsea operations.
Amount Raised
$38 Million
Round Type
Venture
San FranciscoRoboticsInvestors
Description
Ulysses, a California-based maritime technology company, announced a $38 million funding round led by venture capital firm Andreessen Horowitz in April. The company develops autonomous submersibles designed to perform underwater tasks such as surveying, assessing broken pipelines, and maritime defense without requiring human divers or costly surface-control vessels. Founded in 2023, Ulysses has already generated $5 million in sales and is manufacturing products including Mako, an autonomous vehicle named after the shark species. The funding will support the company's mission to automate subsea operations for environmental and infrastructure applications.
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Ulysses raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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