Tampa Deep Sea Xplorers (Equity)
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
Funding Amount
$34,616,650
Company Info
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.
Founders
Edward Larson, Dennis Lorence, Joseph Daum
Market
Deep Sea Exploration
Location
Tampa, FL, US
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.

Links
Website
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