OpenROV
Latest round
- Seed
Last raised
- Jun 2013
Total raised
- $1.3M
Investors
- 2
About OpenROV
OpenROV, Inc.OpenROV, Inc. was founded in 2012 in Berkeley, US, and specializes in underwater robotics and marine exploration technology. The company was established by Eric Stackpole, who has a history in entrepreneurial ventures.OpenROV specializes in underwater robotics and marine exploration technology, focusing on the design and manufacture of advanced remotely operated vehicles (ROVs). Their flagship product, the Trident, is engineered for both casual adventurers and professional marine researchers, allowing users to explore underwater environments with ease. The Trident features high-definition cameras, powerful thrusters, and a user-friendly interface, enabling real-time streaming and navigation underwater. The primary end users include marine researchers, educators, and recreational enthusiasts who seek to explore and understand marine ecosystems.OpenROV's revenue model predominantly hinges on direct-to-consumer sales, with transactions occurring primarily through their online platform. Customers purchase ROVs and associated accessories, which may include batteries, additional cameras, and software. The company also engages in partnerships with educational institutions and marine research organizations, providing tailored solutions for academic programs and research initiatives. Pricing plans are structured to cater to various segments, with flagship products like the Trident available at a premium price point due to their advanced features and capabilities.75 mn from October 2016 to enhance its product line and expand into new markets. The company is currently developing new ROV models aimed at both educational and recreational sectors with anticipated releases in the next two years. Moreover, OpenROV is targeting growth in Asian markets, aiming for a significant presence by 2025.
Who invested in OpenROV
2 investors across 1 round
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Funding rounds
Seed
Jun 19, 2013
Amount
$1.3M
Investors
Questions about OpenROV
Who invested in OpenROV?
OpenROV has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has OpenROV raised?
OpenROV has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did OpenROV last raise money?
OpenROV's most recent round on record is a Seed, in Jun 2013.
What does OpenROV do?
OpenROV is a electronics company.
Where is OpenROV headquartered?
OpenROV is headquartered in Berkeley, US.
Which VCs invest in companies like OpenROV?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at OpenROV's stage. Their profiles are linked below.
VCs backing electronics startups at Seed
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