Series B · Robotics

ORCAUBOAT secures Series B funding for autonomous vessels

The Chinese maritime robotics company will expand navigation technology, market access and its engineering team.

ORCAUBOAT announced a Series B financing in the hundred-million-yuan range on 17 January 2024. Participants included the AEF Greater Bay Area Fund, managed by Gobi Partners GBA, alongside Skyview Fund and Xi’an Caijin.

The financing will support autonomous vessel research, domestic and international sales channels, and recruitment. ORCAUBOAT develops navigation systems and unmanned craft for waterway maintenance, as well as intelligent leisure boats.

Use of funds

Autonomous vessel research and development

Domestic and overseas market expansion

Technical recruitment

Funding history

Series B · This round≥CN¥100M

Sources

  1. Portfolio update: ORCAUBOAT financingca-ht.com · Jan 19, 2024
  2. ORCAUBOAT completes Series B financingcn.technode.com · Jan 17, 2024
  3. About ORCAUBOATorcauboat.com