BOSTON, MA, Dive Technologies, a subsea robotics designer and manufacturer, announced a new round of equity funding of $4M. Dive's financing was led by Tanis Venture Management.

The round was joined by other investors including Virginia Tech Carilion Innovation Fund, Mill Town Capital, Virginia Tech Carilion Seed Fund, Cavalier Angels, and Charlottesville Angel Network. Dive's venture debt financing is through MassDevelopment's Emerging Technology Fund.

Founded in 2018, Dive Technologies designs, develops, and deploys premier autonomous underwater vehicles for large-scale commercial and defense data collection. Utilizing deep domain expertise, Dive Technologies is building a lowest-cost, fastest to the sea, and best-in-class large displacement AUV platform.