Get the most out of Ro­bot­ics Business Review!



This is an article excerpt. Please register to view the entire article.
Learn more about membership benefits and start your membership today!

Liquid Robotics Completes $22M Funding Round
The company predicts it will achieve positive cash flow next year, and its board may consider a sale or IPO.
By aaking


Liquid Robotics, a developer of robotic technology used to measure ocean data, received a $22 million investment from oilfield service firm Schlumberger and VantagePoint Capital Partners, a venture capital firm, according to Reuters.

The company plans to use this funding to further build its business involving the deployment of  unmanned autonomous floating devices used to measure such things as oil spill contaminants and fish populations.

The company also appointed Bill Vass as chief operating officer. Prior to joining Liquid Robotics, Vas had served as president and chief…

To continue reading, join today.

Get started
Create your membership.
Already a member?





Comments
No comments yet. Be the first to post a comment.

Name:

Email:


View comment guidelines

Remember me

Notify me of follow-up comments?




Special Focus: Robots and the Law

Special Focus: 3D Printing
3D Printing

The new reality of customizable, one-off production:
Additive Manufacturing (AM). Where it’s going, why and what’s
driving its emergence.


HP Wades into 3D Printing: Is It Now Suddenly Harder for the Little Guy?

3D Bioprinting Human Tissue the Organovo Way

UPS, Stratasys Expand 3D Printers to 100 Stores Nationwide
More in 3D Printing



Federal Robotics Commission: Ryan Calo Calls for Regulation

Robo-Stox Launches in Europe on London Stock Exchange

Seegrid Files for Chapter 11 Bankruptcy Protection

nLink Mobile Drilling Robot Wins RoboBusiness Pitchfire Startup Contest

10 Most Common Legal Issues for Robotics Startups