Sofar Ocean Secures $39M in Series B Funding

Sofar Ocean

Sofar Ocean, a San Francisco, CA-based ocean intelligence platform, secured $39m in Series B funding.

Backers included Union Square Ventures and the Foundry Group.

The company intends to use the funds to further scale its technology platform and grow its team across key regions worldwide.

Led by CEO Tim Janssen, Sofar Ocean has built an ocean intelligence platform for applications including: climate research; fuel-efficient ocean mobility; offshore energy site and risk assessment; weather models and forecasting; protection of coastal communities, local economies, assets and more. Using thousands of IoT sensors that deliver over 100,000 unique ocean data points every day, the solution owns and operates a large 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.