Terms
- Announced
- 7 Nov 2024
- Instrument
- Equity
- Amount
- US$2.00mReported as $2 million pre-seed
- Source
- tech.eu
Parties
- Project developer
- Ulysses
- Recipient type
- Technology company
- Country
- Not established
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Lowercarbon Capital Lead investor US$0.67m Estimated: an even share, 1 of 3 Superorganism Investor US$0.67m Estimated: an even share, 1 of 3 ReGen Ventures Investor US$0.67m Estimated: an even share, 1 of 3
Carbon
- Pathway
- Other
- Project type as recorded
- Robot-assisted seagrass restoration (blue carbon)
What happened
- Ulysses Ecosystem Engineering, a drone-based seagrass restoration startup, raised a US$2 million pre-seed round led by Lowercarbon Capital with Superorganism, ReGen Ventures and angels including Eoghan McCabe and Ciaran Lee, reported by Tech.eu on 7 November 2024.
Kumo note
- - A pre-seed round led by Lowercarbon for a robotic seagrass restoration company, with Superorganism and ReGen Ventures, funding blue carbon restoration at the earliest stage.
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