# Nauticus Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nauticus-robotics

- Industry: Software
- Headquarters: Webster, US
- Website: www.houstonmechatronics.com
- Total disclosed funding: $20M
- Latest round: Series B (Mar 20, 2018)
- Investors on record: 2

## About

Nauticus Robotics, Inc. is focused on advanced robotics solutions, specializing in autonomous underwater vehicles for various marine applications, enhancing operational efficiency and safety in underwater environments.Nauticus Robotics, Inc. develops autonomous underwater vehicles and was founded in 2014 in Webster, US. The company, founded by Nicolaus Radford, has completed 6 deals, with the most recent funding round being a Venture Debt round on September 18, 2023, raising USD 6.6 mn as part of an USD 11.6 mn round, totaling USD 20.00 mn raised overall.Nauticus Robotics specializes in advanced robotics solutions, primarily focusing on autonomous underwater vehicles (AUVs) designed for various marine applications. Their flagship product, the Aquanaut, integrates sophisticated robotics with AI capabilities, enabling it to perform tasks such as underwater inspection, data collection, and maintenance operations across diverse environments. These products are targeted at sectors such as offshore energy, marine science, and defense, addressing challenges like environmental monitoring and infrastructure maintenance. Nauticus Robotics serves clients, including energy companies and government agencies, particularly in North America, Europe, and Asia-Pacific regions, where demand for innovative underwater technology is growing.Nauticus Robotics generates revenue through direct sales and partnerships centered around its autonomous underwater vehicles and associated services. The company engages in B2B transactions, supplying products to large enterprises and governmental organizations involved in marine exploration and energy production. Revenue streams include subscription models for software services that support the operation of their robotics systems, with clients typically entering into long-term contracts for multiple units of their flagship products, ensuring continuous operational capabilities.In September 2023, Nauticus Robotics, Inc. raised USD 6.6 mn in Venture Debt funding, part of a larger USD 11.6 mn debt round, which will be used to commercialize its fleet of robots. The company aims to enhance its product lineup and expand geographically, further establishing itself in the underwater robotics market.

## Funding rounds

- Series B, Mar 20, 2018, $20M — Transocean Ltd., Schlumberger Technology
- Series A, Jun 1, 2015 — Schlumberger Technology

## Investors

- Schlumberger Technology (https://capitalatlas.ai/funds/schlumberger-technology) — Series A, Series B
- Transocean Ltd. — Series B
