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Venture Capital News: Sofar Ocean Announces $39M Series B Round

2021-11-02
SAN FRANCISCO, CA, Sofar Ocean, the world's largest ocean intelligence platform, has secured a $39 million Series B syndicate round.
Sofar Ocean, the world's largest ocean intelligence platform, announced today it has secured a $39 million Series B syndicate round with Union Square Ventures (USV) and the Foundry Group. With this funding, Sofar will further scale its technology platform and grow its team across key regions worldwide. The funding empowers the team to execute its mission of delivering climate insights through ocean intelligence, enabling strategic business decisions, and promoting climate adaptation and mitigation.

Sofar Ocean connects the world's oceans to provide data-driven insights to science, society and industry for a more sustainable planet. Sofar owns and operates the largest open ocean sensor network providing critical real-time insights that power applications for customers across industries from shipping and government to environmental research and more in order to demystify the world's oceans.
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