![]() WSE (previously known as Wave.TV) operates 20 specific brands like Buckets, Jukes, Haymakers, etc. At the heart of the AUV system are on-board edge-processing and the aforementioned recharging capabilities. Wave Sports + Entertainment, which publishes sports-related content across an array of social platforms, has raised a 27 million Series B round as it focuses on developing talent-led original programming. Terradepth says its current method for collecting data is more scalable than the alternatives, due largely to its costing a fraction of the price. Governments, businesses, and research organizations need this information to mitigate climate change, reduce risk, and plan effectively.” The power to act and understand begins with knowledge and data. “Terradepth’s one-of-a-kind ocean data portal and its autonomous underwater vehicles will provide a full map of the oceans, accurately and at scale. “Our vast oceans cover most of our planet and are vital to human life, yet we know very little about them,” Giant Ventures Managing Partner Cameron McLain says in a release tied to the news. It also provides at Earth’s las great unexplored frontier. Offering insight into depths of up 6,000 meters provides all sorts of actionable insights for a variety of industries. As is the case with most of these monitoring robots, data is the real eventual moneymaker for a company. Through Absolute Ocean, the company is looking to monetize the information it collects as sharable cloud-based content. Specifically this time out, Terradepth is looking to improve its data visualization platform, Absolute Ocean, as well as recharging capabilities for the AUVs (submersible drones) it uses to collect all of that data. This latest round, led by Giant Ventures and Nimble Ventures, is aimed at fueling a model the company punchily describes as “Google Earth for Oceans.” It announced an $8 million round back in 2019, and just added another $20 million to its hopper. There are myriad reasons for doing so, from studying biodiversity to laying underground cable.Īustin-based Terradepth is itself a relatively new entrant - though the firm has already drummed up a good deal of funding in its short life. A number of firms out there are working to improve what we know about a largely un-explored portion of our planet, and in recent years initiatives like the XPrize have been pushing young upstarts to take part. The remaining portion adds up to around double the surface area of Mars. He has over a decade of experience investing in global equity markets. It is a San Francisco-based hedge fund that has 4 billion under management in energy, healthcare, and technology. At last count, roughly 20% of the ocean floor has been mapped. He serves as Board Member at Apartment List, NEOS GeoSolutions, Essence Group Holdings and Golden State Warriors. ![]()
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