When was Marine Advanced Robotics founded?

Marine Advanced Robotics was founded in 2004 and raised its 1st funding round 16 years after it was founded.

Where is Marine Advanced Robotics located?

Marine Advanced Robotics is headquartered in Richmond, United States.

How many employees does Marine Advanced Robotics have?

As of May 31, 2026, the latest employee count at Marine Advanced Robotics is 2.

Is Marine Advanced Robotics a funded company?

Marine Advanced Robotics is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 01, 2020.

When was the latest funding round of Marine Advanced Robotics?

Marine Advanced Robotics' latest funding was a $***** Grant (prize money) round on Sep 01, 2022, with participation from 1 investor.

Where does Marine Advanced Robotics rank among its competitors?

Marine Advanced Robotics ranks 21st amongst 61 active competitors, of which 14 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Maritime Robotics, which secured $32.3M in Jun, 2026.

Who are the top competitors of Marine Advanced Robotics?

Marine Advanced Robotics' top competitors include Saronic, HavocAI and Sagar Defence Engineering. Among them, Maritime Robotics secured the most recent funding round in June, 2026.

Marine Advanced Robotics - 2026 Company Profile, Funding & Competitors

Marine Advanced Robotics is an acquired company based in Richmond (United States), founded in 2004. It operates as a Provider of unmanned surface vehicle systems for marine industries. Marine Advanced Robotics has raised an undisclosed amount in funding. The company has 61 active competitors, including 14 funded and 3 that have exited. Its top competitors include companies like Saronic, HavocAI and Sagar Defence Engineering.

Company Details

Provider of unmanned surface vehicle systems for marine industries. Its product portfolio includes shore USV robots, ocean USV robots, and ground-up USV robots. It enables users to survey and recuse operations. It also offers research and development services. It caters to maritime, defense, and GIS sectors.

Website: wam-v.com
Social
Phone Number: +1 **********

Key Metrics

Founded Year

2004

Location

Richmond, United States

Stage

Acquired

Latest Funding Round

Grant (prize money), Sep 01, 2022, $*****

Investors

National Oceanic and Atmospheric Administration

Ranked

21^st among 61 active competitors

Employee Count

2 as on May 31, 2026

Similar Companies

HavocAI & 69 more

Exit Details

Acquired by Ocean Power Technologies (Nov 16, 2021)

View Marine Advanced Robotics' full profile

Marine Advanced Robotics got acquired by Ocean Power Technologies on Nov 16, 2021 at an acquisition amount of $*****.

Click here to take a look at Marine Advanced Robotics's acquisition in detail

Marine Advanced Robotics has raised funding over 2 rounds. Its first funding round was on Jan 01, 2020. Its latest funding round was a Grant (prize money) round on Sep 01, 2022 for $*****. 1 investor participated in its latest round. Marine Advanced Robotics has 1 institutional investor.

Here is the list of recent funding rounds of Marine Advanced Robotics:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 01, 2022	2402436	Grant (prize money)	9703227	4899367	6990129	2147100
Jan 01, 2020	8963397	Grant (prize money)	6604814	5122813	8620394	National Oceanic and Atmospheric Administration

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View details of Marine Advanced Robotics's funding rounds and investors

Marine Advanced Robotics' employee count trend

Marine Advanced Robotics has 2 employees as of May 26. Here is Marine Advanced Robotics's employee count trend over the years:

Employee count trend for Marine Advanced Robotics

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Top competitors of Marine Advanced Robotics include Saronic, HavocAI and Sagar Defence Engineering. Here is the list of Top 10 competitors of Marine Advanced Robotics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Saronic 2022, Austin (United States), Series D	Developer of autonomous surface vessels for naval and maritime forces	$2.58B	Andreessen Horowitz, Caffeinated Capital ... & 27 others	67/100
2nd	HavocAI 2024, Providence (United States), Series A	Provider of ship maintenance services	$285M	Scout Ventures, Trousdale Ventures & 24 others	65/100
3rd	Sagar Defence Engineering 2015, Pune (India), Series B	Manufacturer of a quadcopter drone for multiple civilian and military applications	$48.2M	Skegen, IDBI Capital Markets & Securities Ltd ... & 26 others	64/100
4th	General Dynamics Mission Systems 1952, United States, Funding Raised	Provider of surveillance, cyber-defence, communication, and border and coastal security solutions	-	Spark Capital, NASA & 1 others	62/100
5th	Sea Machines 2014, Boston (United States), Series B	Provider of unmanned surface vehicles for industrial purposes	$45.7M	Accomplice, Eniac Ventures & 19 others	57/100
6th	Maritime Robotics 2005, Trondheim (Norway), Series C	Developer of autonomous navigation systems and uncrewed surface vessel platforms	$44.3M	Nysno, NRP & 6 others	49/100
7th	Shone 2017, San Francisco (United States), Deadpooled	Provider of AI-powered risk management solutions for the maritime industry	$4.2M	The Refiners, Pioneer Fund & 8 others	44/100
8th	Yunzhou Technology 2010, Zhuhai (China), Series C	Developer of unmanned ships	$82.7M	Shenzhen Qianhai Wutong M&A Investment Fund Management, V Star Capital ... & 7 others	43/100
9th	Demcon unmanned systems 2017, Delft (Netherlands), Unfunded	Manufacturer of unmanned surface vessels and aerial systems	-	-	41/100
10th	Liquid Robotics 2007, Sunnyvale (United States), Acquired	Developer of unmanned surface vehicles propelled by wave energy	$82.4M	Riverwood Capital, VantagePoint Capital Partners ... & 3 others	41/100
21st	Marine Advanced Robotics 2004, Richmond (United States), Acquired	Provider of unmanned surface vehicle systems for marine industries	-	National Oceanic and Atmospheric Administration	29/100