DeepOcean Mining
DeepOcean Mining Raises $520M Series C to Transform Industrial
Quick Facts
DeepOcean Mining
Revolutionary deep-sea mining technology using AI-powered autonomous underwater vehicles to extract rare earth minerals sustainably.
About the Funding
DeepOcean Mining has successfully raised $520M in a Series C funding round, bringing their total valuation to $7.8B. This significant investment will fuel the company's mission to deploy autonomous mining fleet, expand operations to pacific regions, and advance environmental monitoring systems.
Use of Funds
Deploy autonomous mining fleet, expand operations to Pacific regions, and advance environmental monitoring systems
Company Overview
Revolutionary deep-sea mining technology using AI-powered autonomous underwater vehicles to extract rare earth minerals sustainably.
Key Investors
- • Breakthrough Energy Ventures
- • Rio Tinto Ventures
- • Khosla Ventures
- • Blue Economy Fund
Founders
- • Dr. Elena Vasquez
- • James Thompson
Previous Rounds
Market Impact
This funding round positions DeepOcean Mining as a leader in the Mining Tech space, with the capital to accelerate innovation and expand their market presence. The investment reflects growing confidence in industrial solutions and the company's potential to transform the industry.