ELWAVE technology can detect, locate and characterize (shape, size, metallic or non-metallic) any type of objects in simple and complex environments. Electric sense (or active electrolocation) is an electromagnetic perception mode used by tropical fishes living in muddy and cluttered waters in which vision and acoustic perception are inefficient.īased on this biomimetics approach, ELWAVE solution is the only one to provide a real-time 360° perception for underwater and industrial robots, either remotely piloted and autonomous ones. This equity financing comes as ELWAVE scales to meet strong demand in the underwater robotics, especially for wind offshore market and underwater autonomous vehicles (AUVs).ĮLWAVE was founded in 2018 to valorize more than 10 years of top-level academic research on the « electric sense » technology from the Biorobotic Laboratory of Institut Mines Telecom Atlantique. Bpifrance and banks have completed this capital raise with other financial supports. The funding round was led by SOFIMAC Innovation with co-investors Litto Invest Fund and Atlantique Vendée Innovation Fund. The funds will support the company’s global growth ambition, industrialization and commercialization of its first products for underwater robotics. ELWAVE, an industrial designer and manufacturer of innovative electromagnetics sensors for the underwater and industrial robotics, announced today that it has completed its first capital raise.
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