About Bedrock Ocean Exploration
Bedrock Ocean Exploration conducts marine surveys using Autonomous Underwater Vehicles (AUVs) equipped with advanced tools like multi-beam sonar and magnetometers to collect detailed seafloor data. The company focuses on a "data-first" approach, prioritizing the collection and interpretation of oceanic data for clients such as environmental organizations and government agencies. Unlike competitors, Bedrock Ocean aims to create a publicly available map of the world's oceans that is 50 times more detailed than current maps. Their goal is to enhance understanding of the oceans, which is essential for sustaining life on Earth.
New York City, New YorkHeadquarters
2019Year Founded
$32.6MTotal Funding
SERIES_ACompany Stage
Industrial & Manufacturing, Government & Public Sector, Social ImpactIndustries
11-50Employees
Risks
Emerging startups in AUV market threaten Bedrock's market share with innovative technologies.
Technical challenges in integrating Shone Automation's technology may delay service expansions.
Stricter environmental regulations could increase operational costs for Bedrock Ocean.
Differentiation
Bedrock Ocean uses AUVs for high-resolution seafloor mapping, unlike traditional ship methods.
Their data-first approach prioritizes oceanic data collection and interpretation for valuable insights.
They aim to create a publicly available ocean map 50 times more detailed than current maps.
Upsides
Increased offshore wind energy demand boosts need for Bedrock's detailed seafloor mapping.
AI and machine learning enhance seafloor mapping accuracy, benefiting Bedrock's data interpretation.
Cloud-based platforms trend offers Bedrock expansion opportunities for data accessibility and collaboration.
Funding
Total raised$32.59 M
Latest valuation$127.50 M
StageSERIES_A
SERIES A
6/30/2023$26
$127.50 M$8
$40.00 M