Ulysses Raises $46 Million In Series A Funding Led By A16z For Underwater Vehicles

Ulysses has raised $46 million in a Series A round led by a16z’s American Dynamism fund, supporting its development of low-cost, modular autonomous underwater vehicles for both commercial and defense applications.

Summary of transaction details:

• Deal Type: Series A
• Transaction Amount: $46,000,000
• Founders: Akhil Voorakkara, Will O'Brien, Jamie Wedderburn & Colm O'Brien
• Headquarters: San Francisco, California
• Notable Investors: a16z, Pebblebed, Booz Allen Hamilton, Harpoon, Genius Ventures, Lowercarbon Capital, ReGen Ventures & Superorganism

Ulysses is focused on scaling a flexible, vertically integrated platform designed for undersea sensing, inspection, and manipulation, aiming to significantly reduce costs compared to traditional systems. The new capital will facilitate manufacturing expansion and enhance deployment across ocean infrastructure and security use cases.