HomeDenmarkSaildrone Raises $60M in Funding

Saildrone Raises $60M in Funding

-

Saildrone, a Copenhagen, Denmark-based company which specializes in maritime autonomy, raised $60M in funding.

The round was led by EIFO, the Export and Investment Fund of Denmark, with participation from Lux Capital, Washington Harbor Partners, Crowley, and Academy Securities, joined by new investors Pinegrove, BZH Capital, What If Ventures, and Calm Ventures.

The company intends to use the funds to offer its maritime intelligence technology to European security and defense needs.

Led by CEO and Founder Richard Jenkins, Saildrone is a maritime defense and oceanographic survey company that enables navies, governments, and commercial organizations to obtain the real-time, accurate data required to monitor the maritime domain. Empowered primarily by renewable wind and solar energy, its fleet of unmanned surface vehicles (USVs) provides long-duration operations measured in months. The USVs carry sophisticated sensors combined with proprietary AI algorithms to give a full picture of the maritime environment above and below the sea surface, supporting border protection, critical infrastructure security, and hydrographic survey.

The company has sailed more than 2,000,000 nautical miles from the High North to the Southern Ocean and spent over 50,000 days at sea.

FinSMEs

13/05/2025

THE DAILY NEWSLETTER - SIGNUP