How Much Did CODAR Ocean Sensors Raise?
Funding & Key Investors

CODAR Ocean Sensors has solidified its market position through a significant capital infusion, bringing its total funding to $350K. This latest injection of $350K represents a major strategic investment, underscoring the company's critical role in the global oceanographic infrastructure. As a late-stage entity, the firm continues to leverage its specialized expertise to maintain dominance in the high-frequency radar sector, ensuring that its financial trajectory aligns with its long-term operational objectives.

What is CODAR Ocean Sensors?

CODAR Ocean Sensors
ManufacturingTest & Measurement EquipmentBusiness Services

CODAR Ocean Sensors stands as the preeminent authority in high-frequency (HF) radar systems, specifically engineered for the precise monitoring of ocean surface currents and wave dynamics. By integrating advanced research with robust manufacturing capabilities, the company provides essential tools such as the SeaSonde and RiverSonde platforms. These technologies are indispensable for oceanographic research institutions and coastal management agencies worldwide, providing real-time data that informs maritime safety, environmental protection, and climate modeling. Their unique position as a global leader is built upon decades of proprietary HF radar theory and system design, creating a high barrier to entry for competitors in the coastal monitoring space.

How much funding has CODAR Ocean Sensors raised?

CODAR Ocean Sensors has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in CODAR Ocean Sensors

PPP

Public-Private Partnership

What's next for CODAR Ocean Sensors?

With the recent influx of capital, CODAR Ocean Sensors is well-positioned to scale its manufacturing operations and expand its global footprint. The strategic focus will likely shift toward enhancing the digital integration of its radar networks, enabling more sophisticated data analytics for end-users. By prioritizing technological refinement and market penetration, the company aims to capitalize on the growing demand for climate-resilient coastal infrastructure. This phase of growth will be defined by the optimization of its core product lines and the pursuit of new institutional partnerships, further cementing its status as the gold standard in ocean surface observation technology.

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Frequently Asked Questions Regarding CODAR Ocean Sensors Financial Insights

What are the most recent funding rounds that CODAR Ocean Sensors has completed, and what were the funding rounds?
CODAR Ocean Sensors has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding CODAR Ocean Sensors has raised to date?
CODAR Ocean Sensors has raised a total of $350K in funding to date.
How many funding rounds has CODAR Ocean Sensors completed?
CODAR Ocean Sensors has completed 1 funding rounds.
How much funding did CODAR Ocean Sensors raise in its most recent funding round?
CODAR Ocean Sensors raised $350K in its most recent funding round.
Who are the lead investors in CODAR Ocean Sensors's latest funding round?
The lead investor in CODAR Ocean Sensors's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CODAR Ocean Sensors's history?
The largest funding round in CODAR Ocean Sensors's history was $350K.
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