About Dive Technologies
Dive Technologies is a company based in Quincy (United States) founded in 2018 by Jerry Sgobbo, Sam Russo, and Bill Lebo was acquired by Anduril in February 2022.. Dive Technologies has raised $7.01 million across 4 funding rounds from investors including Anduril, DARPA and MassDevelopment. Dive Technologies offers products and services including Bolt, Barracuda, Roadrunner, Copperhead, and Dive-LD. Dive Technologies operates in a competitive market with competitors including Airbus, Kratos, QinetiQ, BAE Systems and L3Harris, among others.
- Headquarter Quincy, United States
- Founders Jerry Sgobbo, Sam Russo, Bill Lebo
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Sectors
Aerospace, Defense & Maritime
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Phone
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Website
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Social
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Products & Services of Dive Technologies
Dive Technologies offers a comprehensive portfolio of products and services, including Bolt, Barracuda, Roadrunner, Copperhead, and Dive-LD. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Autonomous air vehicle for intelligence and reconnaissance missions.
Connected air system for tactical surveillance operations.
Autonomous system for reconnaissance and mission profiles.
AUV for littoral survey and inspection tasks.
Underwater vehicle for defense and commercial ISR applications.
Deep-water AUV for advanced survey and security missions.
Autonomous system for persistent underwater monitoring.
High-volume motors for conventional and next-generation defense use.
Funding Insights of Dive Technologies
Dive Technologies has successfully raised a total of $7.01M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(20 Nov 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2022 | Amount | Grant - Dive Technologies | Valuation |
investors |
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| Dec, 2020 | Amount | Debt – Venture - Dive Technologies | Valuation |
investors |
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| Dec, 2020 | Amount | Series A - Dive Technologies | Valuation | VTC Innovation Fund , Mill Town Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dive Technologies
Dive Technologies has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Anduril, DARPA and MassDevelopment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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CAV Angels is focused on connecting UVA alumni with early-stage investment opportunities.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dive Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dive Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dive Technologies Comparisons
Competitors of Dive Technologies
Dive Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airbus, Kratos, QinetiQ, BAE Systems and L3Harris, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Commercial aircraft, helicopters, satellites, and launch vehicles are manufactured.
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AI and cloud-based platforms for national security are provided.
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Provider of a suite of systems for security solutions
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| domain | founded_year | HQ Location |
Aerospace and submarine security systems are manufactured by BAE Systems.
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Manufacturer of C6ISR system
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| domain | founded_year | HQ Location |
Manufacturer of global security and defense airplanes
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dive Technologies
Frequently Asked Questions about Dive Technologies
When was Dive Technologies founded?
Dive Technologies was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Dive Technologies located?
Dive Technologies is headquartered in Quincy, United States.
Who is the current CEO of Dive Technologies?
Jerry Sgobbo is the current CEO of Dive Technologies. They have also founded this company.
Is Dive Technologies a funded company?
Dive Technologies is a funded company, having raised a total of $7.01M across 4 funding rounds to date.
What does Dive Technologies do?
Dive Technologies was founded in 2018 and is headquartered in Quincy, United States. Operations focus on the defence sector, where engineering and manufacturing services are delivered. Expertise is applied to develop solutions for military applications, supported by a leadership team including founders Jerry Sgobbo as CEO, Sam Russo as COO, and Bill Lebo as CTO. Activities are centered on innovation and production for defence needs.
Who are the top competitors of Dive Technologies?
Dive Technologies's top competitors include RTX, Airbus and Lockheed Martin.
What products or services does Dive Technologies offer?
Dive Technologies offers Bolt, Barracuda, Roadrunner, Copperhead, and 4 more products and services.
Who are Dive Technologies's investors?
Dive Technologies has 8 investors. Key investors include Anduril, DARPA, MassDevelopment, VTC Innovation Fund, and Mill Town Capital.