AAA Sea Machines swims into $15m

Sea Machines swims into $15m

US-based autonomous ship sensor developer Sea Machines Robotics secured $15m yesterday from investors including conglomerate Brunswick Corporation, military shipbuilder Huntington Ingalls Industries (HII) and automotive manufacturer Toyota.

Venture capital firm Accomplice led the round, which included Geekdom Fund, NextGen Venture Partners, Eniac Ventures, LaunchCapital and undisclosed additional backers. Brunswick and Toyota were represented by TechNexus Venture Collaborative and Toyota AI Ventures respectively.

Founded in 2015, Sea Machines is working on an autonomous control and radar technology system for marine vessels. It has also agreed to form a technology partnership with HII.

Accomplice and Eniac Ventures co-led a $10m series A round for the company in December 2019, investing alongside TechNexus, Toyota AI Ventures, Geekdom Fund, LaunchCapital, LDV Capital and NextGen VP.

The company’s $1.5m seed round was led by Launch Capital in 2017 and included Accomplice, Geekdom Fund, LDV Capital and Techstars.

By Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.

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