Blue Ocean Gear, a Northern CA-based startup, is making a significant impact in the ocean business through its IoT tracking technology. The company's high-tech buoys, equipped with advanced IoT solutions, are designed to track gear in the marine environment, thereby detecting and locating lost or entangled fishing gear. This innovative approach not only helps fishermen save money but also contributes to the protection of the ocean environment. Founded in 2015, Blue Ocean Gear operates within the IT, Information Technology, IoT, Sustainability, and Waste Solution sectors and is headquartered in the United States. Notably, the company secured a $4.20M Series A investment on 23 May 2023, with contributions from a diverse group of investors including Good Growth Capital, Gratitude Railroad, Builders Vision, BDT & MSD Partners, and Susquehanna International Group (SIG). This investment is a testament to the confidence and support Blue Ocean Gear has garnered from reputable investors, underlining the potential and value of its innovative approach in revolutionizing ocean business.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $4.20M | 5 | Susquehanna International Group (SIG) | 23 May 2023 |
Seed Round | Unknown | 1 | 01 Sep 2022 | |
Debt Financing | $500.00K | 1 | Conservation International Ventures | 19 Aug 2021 |
Seed Round | $1.50M | 6 | 29 Mar 2021 | |
Non Equity Assistance | Unknown | 1 | 01 Jan 2021 |
No recent news or press coverage available for Blue Ocean Gear.