What is Ulysses?
Established in 2023 by Akhil Voorakkara, Colm OBrien, Jamie Wedderburn, and Mr. OBrien, Ulysses is an innovative company focused on automating ocean habitat restoration. They have developed advanced drone technology capable of planting seagrass at a fraction of the cost of traditional methods, significantly increasing the scale and speed of restoration projects. These drones collect seeds from healthy seagrass meadows and replant them in degraded areas, while also monitoring their growth, addressing critical environmental needs with technological solutions.
How much funding has Ulysses raised?
Ulysses has raised a total of $48M across 3 funding rounds:
Other Financing Round
$1.9M
Seed
$8M
Series A
$38M
Other Financing Round (2024): $2M with participation from ReGen Ventures and Lowercarbon Capital
Seed (2026): $8M led by Superorganism, Lowercarbon Capital, Genius Ventures, and ReGen Ventures
Series A (2026): $38M supported by Harpoon Ventures, Andreessen Horowitz, and Booz Allen
Key Investors in Ulysses
Harpoon Ventures
Harpoon Ventures is an investment firm focused on backing bold leaders who are developing mission-critical technologies across various sectors, including AI, deep tech, software infrastructure, and cybersecurity. Founded in 2018, the firm aims to restore American technological leadership and ensure strategic advantages for future generations.
Andreessen Horowitz
Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies. The company is headquartered in Menlo Park, California.
Booz Allen
Booz Allen Hamilton provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. The company focuses on artificial intelligence services that include machine learning, predictive modeling, automation, decision analytics, and quantum computing.
What's next for Ulysses?
With a substantial infusion of capital, Ulysses is poised for accelerated growth and expansion of its ocean habitat restoration initiatives. The major strategic investment signals a strong belief in the company's technology and its potential to scale its impact. This backing will likely enable Ulysses to enhance its drone capabilities, expand its operational reach to new regions, and further refine its monitoring systems. The company is well-positioned to become a leader in environmental technology, leveraging its innovative solutions to address the pressing challenges of ocean degradation.
See full Ulysses company page
