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High Tech Series B Founded 2013

Deep Blue

Tianjin DeepFar Ocean Technology develops marine underwater vehicles, underwater gliders, and ROVs. The ROVs are used for applications such as underwater security monitoring, dam pier monitoring, aquaculture, etc. The company provides overall design and manufacturing technology of various submarines, underwater working tools, the attitude control of submarines and automatic driving technology, etc. White Shark and…

📍 Tianjin, China · Professional Service Robots,

Funding snapshot

Last roundSeries B
Amount$17M
Date10 July 2020
Total raised$32M

About

Tianjin DeepFar Ocean Technology develops marine underwater vehicles, underwater gliders, and ROVs. The ROVs are used for applications such as underwater security monitoring, dam pier monitoring, aquaculture, etc. The company provides overall design and manufacturing technology of various submarines, underwater working tools, the attitude control of submarines and automatic driving technology, etc. White Shark and Dolphin are its cable controlled underwater robotic product. Founded in 2013, headquartered in Tianjin, China. The company has raised $31.8M at the Series B stage backed by investors including Tianjin Teda Industrial Development Group, Dingxiang Capital, SDIC Chuanghe Fund Management, Minsheng Securities, Tianjin TEDA Technology Investment. Operating in High Tech > Professional Service Robots, Aerospace.

Business model

Professional Service Robots > Maritime > Automated Underwater Vehicles,

Maritime Tech > Shipping and Port Management > Shipping Management > Inspection > Unmanned Systems > Underwater ROVs

Institutional investors

Tianjin Teda Industrial Development Group Dingxiang Capital SDIC Chuanghe Fund Management Minsheng Securities Tianjin TEDA Technology Investment V Star Capital Langmafeng Venture Capital Shangshi Capital Tianjin Haida Venture Capital Management Shunwei Capital Pagoda Innovation Asia Investment Capital

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