When working with entrepreneurs from all over the world, you tend to see some rather outlandish ideas; everything from sex apps (Singapore Grad, Vibease) to applications that have you running from demons and ghoulish monsters (San Diego Grad, Explorence). This Croatian founder, however, is taking us to an entirely new level. Literally.
Marin Bek, a graduate of the University of Zagreb, is the founder of Marine Tech Factory, a submarine startup that is in the process of patenting a few very innovative approaches to deep ocean exploration. So far he has built an ROV or AUV, for remotely operated vehicle or autonomous underwater vehicle. Marin’s goal is to develop technology that will allow deep sea exploration devices to go deeper and farther than ever before. A concept that will undoubtedly revolutionize the way we explore and study the ocean, Marin says, “We can go to Mars, but the deep ocean really is our final frontier”.
His prototype, which he affectionately named “DuckyAUV”, differs from competitors by utilizing a propulsion system without a pressured hull. As the pressure of the depths becomes too intense for most submarine devices to withstand, Ducky operates with an underwater propulsion system that doesn’t require a sealed hull, ultimately allowing it to travel deeper.
While Marin’s prototype continues to be perfected, he is looking into potential markets beyond deep sea exploration, such as utilizing Ducky as a tool for oil rig inspection, private boat inspection, and even recreational use. To learn more about Ducky and even see her in action, check out the full article here by Raf Weverbergh of WhiteBoard Mag.
Wilson Sonsini Goodrich & Rosati is the premier legal advisor to technology and growth enterprises worldwide, as well as the investment banks and venture capital firms that finance them. Over the past four decades, Wilson Sonsini Goodrich & Rosati has established its reputation by having an unmatched knowledge of its clients' industries and deep and long-standing contacts throughout the technology sector.
Silicon Valley Bank The Corporate Venture team at Silicon Valley Bank works closely with the most well-known corporations and corporate venture capital groups to provide best-in-class access to the venture capital community and startup markets. At the center of the innovation economy, SVB’s corporate relationship management intersects with all areas of the bank and allows the Corporate Venture team to provide clients with a wide range of services such as deal sourcing, syndicated investments, access to quality startups and corporate executives, and unique insight and market analytics.