ImpactAlpha, April 13 — Austin-based Terradepth is building a map of the oceans to help governments, businesses and research organizations mitigate climate risk. The company uses autonomous underwater vehicles to collect data as deep as the ocean’s floor for its data visualization platform, Absolute Ocean.
“Our vast oceans cover most of our planet and are vital to human life, yet we know very little about them,” said Cameron McLain of Giant Ventures, which co-led the company’s $20 million Series A round with Nimble Ventures.
Giant Ventures this week backed Waterplan to help companies manage water-related risk.