About Sea Machines
Sea Machines is a company based in Boston (United States) founded in 2014.. Sea Machines has raised $45.67 million across 7 funding rounds from investors including NextGen Venture Partners, Brunswick and Techstars. Sea Machines offers products and services including AI-Ris, SM300, and Selkie USV. Sea Machines operates in a competitive market with competitors including Ready Robotics, Tomahawk Robotics, Teleo, Cogniteam and Symb, among others.
- Headquarter Boston, United States
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Sea Machines Robotics, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45.67 M (USD)
in 7 rounds
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Latest Funding Round
$14.08 M (USD), Series B
Dec 29, 2023
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Investors
NextGen Venture Partners
& 19 more
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Employee Count
Employee Count
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Products & Services of Sea Machines
Sea Machines offers a comprehensive portfolio of products and services, including AI-Ris, SM300, and Selkie USV. 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.
Enhances vessel safety through AI recognition and identification systems.
Provides command systems for commercial vessels' autonomous operations.
Offers turnkey solutions for rugged autonomous vessel platforms.
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Funding Insights of Sea Machines
Sea Machines has successfully raised a total of $45.67M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $14.08 million completed in December 2023. 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 7
- Last Round Series B — $14.1M
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First Round
First Round
(02 Nov 2016)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Series B - Sea Machines | Valuation | Emerald Technology Ventures , Nabtesco Technology Ventures | |
| Jun, 2023 | Amount | Series B - Sea Machines | Valuation | Geekdom Fund |
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| Oct, 2020 | Amount | Series B - Sea Machines | Valuation | Dolby Family Ventures |
| 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 Sea Machines
Sea Machines has secured backing from 20 investors, including venture fund and institutional investors. Prominent investors backing the company include NextGen Venture Partners, Brunswick and Techstars. 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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Sustainable industrial innovation is supported through venture capital investments.
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Seed & early stage multiple stage focused corp VC firm funding companies in the US and Canada
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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 Sea Machines
| 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 - Sea Machines
| 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 |
Sea Machines Comparisons
Competitors of Sea Machines
Sea Machines 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 Ready Robotics, Tomahawk Robotics, Teleo, Cogniteam and Symb, 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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Operating system for collaborative robots is developed using flowchart controls.
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Robots and control solutions are developed for enterprise tasks.
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| domain | founded_year | HQ Location |
Heavy machinery is operated remotely using supervised autonomy technology.
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AI-enabled robot navigation platform is provided for research.
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Provider of a solution that enables industrial robots to learn and execute tasks
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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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| domain | founded_year | HQ Location |
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 Sea Machines
Frequently Asked Questions about Sea Machines
When was Sea Machines founded?
Sea Machines was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Sea Machines located?
Sea Machines is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Sea Machines a funded company?
Sea Machines is a funded company, having raised a total of $45.67M across 7 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Nov 02, 2016.
What does Sea Machines do?
Sea Machines provides unmanned surface vehicles and technology for industrial applications. It offers SM300 which is a vessel intelligence system for survey vessels, patrol boats, ferries other workboats providing autonomous command and control. Also offers SM200, which provides integrated, line-of-sight remote-helm control for collaborative vessel operations, and SM400, which is an AI-powered situational awareness system for container ships.
Who are the top competitors of Sea Machines?
Sea Machines's top competitors include Tomahawk Robotics, Ready Robotics and Vemcon.
What products or services does Sea Machines offer?
Sea Machines offers AI-Ris, SM300, and Selkie USV.
Who are Sea Machines's investors?
Sea Machines has 20 investors. Key investors include NextGen Venture Partners, Brunswick, Techstars, Emerald Technology Ventures, and Nabtesco Technology Ventures.