Monday, December 16, 2019

Terradepth Gets $8M For Robotic Ocean Mapping

Austin-based Terradepth, a startup developing underwater, autonomous submersibles, has raised $8M in a new funding round, the company said on Monday. The funding was led by Seagate Technology. The startup, led by former Navy SEALs Joe Wolfel and Judson Kauffman, says it is developing technology to automatically map data from the ocean floor, using a hybrid system of rechargeable lithium batteries and an air-dependent power plant, and a pair of vehicles which alternate working at the surface and while submerged.