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Mining Tech

DeepOcean Mining

DeepOcean Mining Raises $520M Series C to Transform Industrial

Vancouver, BCSeptember 2, 20251 min read
Total Raised
$520M
Valuation
$7.8B
Latest Round
Series C
Employees
420

DeepOcean Mining

Revolutionary deep-sea mining technology using AI-powered autonomous underwater vehicles to extract rare earth minerals sustainably.

$520M
Series C
Valuation
$7.8B
Headquarters
Vancouver, BC
Employees
420
Sector
Industrial

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

Series B
$280M
2024-01-22
Series A
$120M
2023-05-15
Seed
$45M
2022-09-08

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.

Company Info

Headquarters
Vancouver, BC
Founded
2023
Team Size
420
Last Round
$520M(Sep 2025)

Investors (4)

B
Breakthrough Energy VenturesLead
Venture Capital
Leading investor in Mining Tech and technology companies
R
Rio Tinto Ventures
Venture Capital
Leading investor in Mining Tech and technology companies
K
Khosla Ventures
Venture Capital
Leading investor in Mining Tech and technology companies
B
Blue Economy Fund
Venture Capital
Leading investor in Mining Tech and technology companies

Topics

Series C(296)Mining TechIndustrialFundingSeptember 2025

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