• Home
  • Technology
    • Data Xplorer
    • Force12 Xplorer
    • Lighthouse Control
  • Applications
    • Case Studies
  • News
    • Updates
    • Press Releases
    • In the Media
    • Events
    • Newsletter
  • Careers
  • About Us
    • Our Story
    • Team
  • Contact
info@openoceanrobotics.com
Get our Latest Updates
Open Ocean RoboticsOpen Ocean Robotics
  • Home
  • Technology
    • Data Xplorer
    • Force12 Xplorer
    • Lighthouse Control
  • Applications
    • Case Studies
  • News
    • Updates
    • Press Releases
    • In the Media
    • Events
    • Newsletter
  • Careers
  • About Us
    • Our Story
    • Team
  • Contact

Open Ocean Robotics Secures $540,000 CAD in Pre-Seed Financing Round

Open Ocean Robotics Secures $540,000 CAD in Pre-Seed Financing Round

Open Ocean Robotics Secures $540,000 CAD in Pre-Seed Financing Round

January 21, 2020

Open Ocean Robotics closed its Pre-Seed round of financing, raising $540,000 CAD from angel investors and seed funds.

After winning the Spring Impact Investor Challenge last summer and securing a $100,000 investment from Spring Activator angel investors and Social Value Fund, Open Ocean opened its round.  Initially targeting a $300,000 raise, the round was oversubscribed and additional investment was accepted to enable the company to more rapidly pursue its goals. The round also included angel investors with deep expertise in building impact and data driven companies and Women’s Equity Lab, an all-female angel investor club.

“We are so pleased to be part of the latest investment round for Open Ocean Robotics and to support a company that we strongly believe is working to protect our global water supply. We are honoured to be working with such a dynamic, transparent and intelligent founding team. We look forward to supporting Open Oceans’s growth.” said Stephanie Andrew, co-founder of the Women’s Equity Lab.

This investment builds on an exceptional year for Open Ocean Robotics, which included winning NACO’s Most Promising Start-up of the Year Award and a top prize in New Ventures BC Competition, as well as completing its first production autonomous boat and demonstrating it in a pilot project with the Canadian Coast Guard.

 

Share

You also might be interested in

Open Ocean Robotics wins Campbell River’s’ NexStream 2.0 Wild Card Challenge!

Open Ocean Robotics wins Campbell River’s’ NexStream 2.0 Wild Card Challenge!

Jul 8, 2021

After multiple rounds of elimination and a virtual demo day, Open Ocean Robotics was named Winner of Campbell River’s’ NexStream 2.0 Wild Card Challenge.

Natural Resources Canada Interview with Julie

Natural Resources Canada Interview with Julie

Oct 5, 2018

Watch a brief interview with Julie after winning an $800,000[...]

A Move into Expanded Facilities

A Move into Expanded Facilities

Jan 9, 2019

Open Ocean Robotics has moved into a new location at[...]

Connect on Social Media

Latest News

  • Open Ocean Robotics has been awarded the Company of the Year Award!
  • Data-Collecting Ocean Drone Can Operate for Months in the Ocean
  • Open Ocean Robotics Completes $4M Seed Funding Round
  • Open Ocean Robotics wins Campbell River’s’ NexStream 2.0 Wild Card Challenge!
  • From Hunting Poachers to Searching for Whales: A Year in Review at OOR
  • Open Ocean Robotics CEO Julie Angus wins Industry Icon Award at the 2021 BC Cleantech Awards
  • Open Ocean Robotics Awarded Solar Impulse Efficient Solution Label – An award for profitable solutions to protect the environment
  • Open Ocean Robotics Wins Spot in Offshore Wind Challenge to Create Marine Mammal Monitoring Solution
  • Open Ocean Robotics CEO Joins Innovation Advisory Board for NATO Maritime Unmanned Systems Initiative
  • Open Ocean Robotics Among Latest Cohort to Graduate Halifax’s Creative Destruction Lab

Recent Comments

    Archives

    • July 2022
    • December 2021
    • July 2021
    • March 2021
    • February 2021
    • November 2020
    • October 2020
    • September 2020
    • June 2020
    • April 2020
    • March 2020
    • January 2020
    • June 2019
    • January 2019
    • October 2018
    • September 2018
    • December 2017
    • November 2017
    • October 2017

    Categories

    • Media
    • News
    • pressrelease

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    Contact Us

    Send us an email and we'll get back to you soon.

    Send Message

    News Updates

    • Open Ocean Robotics has been awarded the Company of the Year Award!
    • Data-Collecting Ocean Drone Can Operate for Months in the Ocean
    • Open Ocean Robotics Completes $4M Seed Funding Round

    Contact Us

    • Open Ocean Robotics
    • 4476 Markham Street, #2L, Victoria, BC, Canada, V8Z 7X8
    • 250-580-2628
    • info@openoceanrobotics.com
    • https://openoceanrobotics.com

    connect on social media

    Subscribe to Our Newsletter

    © 2022 · Open Ocean Robotics.

    Prev Next