Funding Details
- Awarder
- StartEngine
- Date Award
- June 13, 2024
- Vertical
- Underwater Technology
- Funding URL
- View Funding Page
- Premoney Valuation
-
$10,320,000
- Valuation
-
$10,320,000
Company Info
- Founding Year
- Not provided
- Traction
- The company was awarded a utility patent for its proprietary technology, placed as a semi-finalist at the Shell Ocean Discovery XPRIZE competition, and was ranked second in the The National Oceanic & Atmospheric Administration’s Bonus Prize portion. TDSX has also been awarded a Phase I and a Phase II SBIR from NOAA to support developing their advanced underwater exploration sensor technology.
- Organizations Involved
- None
- Founders
- Edward Larson, Dennis Lorence, Joseph Daum
- Company Description
- Tampa Deep Sea Xplorers, Inc. (TDSX) is designing and developing small footprint, autonomous underwater vehicles for data collection and exploring the vast expanse of our world’s oceans. The company’s innovative approach is creating AUVs that can reach great depths, at an affordable price point, for individuals and small institutions. Having successfully engineered the brand’s first model – The Barracuda AUV– TDSX has recently launched and is seeking investors to scale operations.
- Market
- Deep Sea Exploration
- Location
-
Tampa,
FL,
US
- Coinvestors
- None
Links