Ulysses - About the company
Ulysses is a series A company based in San Francisco (United States), founded in 2023. It operates as a Manufacturer of autonomous underwater vehicles for maritime infrastructure and restoration. Ulysses has raised $46M in funding from Andreessen Horowitz and Pebblebed. The company has 136 active competitors, including 27 funded and 7 that have exited. Its top competitors include companies like Saronic, Saildrone and Sagar Defence Engineering.
Company Details
Manufacturer of autonomous underwater vehicles for maritime infrastructure and restoration. These systems perform subsea tasks through modular hardware and integrated software. The technology enables remote launch, recovery, and recharge operations without human intervention. Vehicles carry robotic payloads to facilitate repair and maintenance activities. The systems support long-duration missions for ecological monitoring and the security of underwater assets.
- Website
- www.theoceancompany.com/
Key Metrics
Founded Year
2023
Location
San Francisco, United States
Stage
Series A
Total Funding
$46M in 2 rounds
Latest Funding Round
Investors
Ranked
24th among 136 active competitors
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Ulysses's funding and investors
Ulysses has raised a total funding of $46M over 2 rounds. Its latest funding round was a Series A round on Apr 16, 2026 for $*****. 3 investors participated in its latest round. Ulysses has 8 institutional investors.
Here is the list of recent funding rounds of Ulysses:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 16, 2026 | 6204723 | Series A | 7506809 | 4925737 | 6361230 | 5828304 |
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Ulysses's Competitors and alternates
Top competitors of Ulysses include Saronic, Saildrone and Sagar Defence Engineering. Here is the list of Top 10 competitors of Ulysses, ranked by Tracxn score:
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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 | 67/100 | |
2nd | Saildrone 2012, Alameda (United States), Series C | Developer of autonomous unmanned surface vehicle | $325M | 64/100 | |
3rd | Sagar Defence Engineering 2015, Pune (India), Series B | Manufacturer of a quadcopter drone for multiple civilian and military applications | $48.2M | 63/100 | |
4th | Kraken Robotics 2008, Paradise Cove (Canada), Public | Provider of unmanned maritime vehicles | - | 61/100 | |
5th | Provider of AI-based unmanned robots for cleaning marine litter waste | $1.75M | 60/100 | ||
6th | Unique Group 1993, Sharjah (United Arab Emirates), Funding Raised | Provider of industrial equipment rental services | - | 60/100 | |
7th | Kraken Technology Group 2021, London (United Kingdom), Series B | Manufacturer of autonomous unmanned surface vehicles and artificial intelligence maritime systems | $175M | 58/100 | |
8th | Ocean Aero 2012, San Diego (United States), Series D | Provider of an AUV for surface and subsurface monitoring applications | $4M | 55/100 | |
9th | AI-enabled amphibious drone systems that operate across air and underwater environments | $1.57M | 50/100 | ||
10th | MARTAC 2012, Melbourne (United States), Series A | Developer of unmanned surface vehicles | $10M | 50/100 | |
24th | Ulysses 2023, San Francisco (United States), Series A | Manufacturer of autonomous underwater vehicles for maritime infrastructure and restoration | $46M | 35/100 |
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Ulysses's Investments and acquisitions
Ulysses has made no investments or acquisitions yet.
Reports related to Ulysses
Here is the latest report on Ulysses's sector:
News related to Ulysses
Media has covered Ulysses for a total of 2 events in the last 1 year.
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Booz Allen Invests in Portal Space SystemsExecutiveBiz•Apr 10, 2026•Portal Space Systems, Booz Allen Hamilton, Ulysses
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