Sofar Ocean, the world’s largest ocean intelligence platform, announced today it has secured a $39 million Series B syndicate round with Union Square Ventures (USV) and the Foundry Group. With this funding, Sofar will further scale its technology platform and grow its team across key regions worldwide. The funding empowers the team to execute its mission of delivering climate insights through ocean intelligence, enabling strategic business decisions, and promoting climate adaptation and mitigation.

To date, Sofar’s subscription base includes hundreds of climate and ocean scientists, more than a dozen global shipping carriers, and international government agencies that leverage its IoT-enabled ocean intelligence platform for applications including: climate research; fuel-efficient ocean mobility; offshore energy site and risk assessment; weather models and forecasting; protection of coastal communities, local economies, assets and more.