What does Blue Water Autonomy do?
Blue Water Autonomy is a technology company based in Boston that builds autonomous ships. Their innovative platform integrates hardware, software, and artificial intelligence to enable vessels to operate autonomously on the open ocean for extended periods, specifically catering to the needs of the U.S. Navy.
How much did they raise?
The company raised $14M in a Seed round, with lead investors including Eclipse, Riot, and Impatient Ventures. This funding round did not feature any participant investors.
What are their plans for the money?
The newly raised funds will be used to expand the engineering team, accelerate ship testing, and integrate different payloads onto its platform. This investment is expected to enhance the development and operational capabilities of autonomous ships, potentially transforming naval operations and maritime defense technology.
What have they achieved so far?
Despite being a relatively new entrant founded in 2024, Blue Water Autonomy has made significant progress by developing an advanced platform that leverages hardware, software, and AI, enabling its vessels to sustain long-duration missions at sea.