March 15, 2021
Bedrock, whose mission is to accelerate our understanding of the ocean, has raised a US$8M seed round from Eniac Ventures, Primary Venture Partners, Quiet Capital and R7. The new funding will help Bedrock to scale their robotics and cloud software to map the ocean floor in a way that aims to remove the inefficiencies of people & ship-centric acquisition operations. Their goal is to ultimately provide centralized access to the first complete map and database of our oceans at the highest possible resolution.
“For over three years, we explored ocean tech as a category of interest. We believe that it is a deeply underinvested sector and that it is ripe for opportunity, given the vast amount of data. When we met Anthony DiMare and Charles Chiau, we knew that we had found the right team. They bridge a necessary technology gap in a way that the industry desperately needs. We are excited to partner with Bedrock to build the category-defining company in ocean mapping and exploration – an enormous market, with few technology players,” said Vic Singh, general partner at Eniac Ventures.