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This SpaceX alumni-founded startup raised $10 million in 36 hours
- SpaceX alumni-founded startup AndrenaM, focused on maritime technology analysis, raised $10 million in seed funding in just 36 hours, showcasing investor interest in defense tech.
- AndrenaM uses AI to analyze sonar data for real-time underwater insights, modernizing traditional defense tools like hydrophones that detect submarines.
- Co-founders Matej Cernosek and Alex Chu, both from a tech background, started the company in Hawthorne, California, with a vision to secure oceans with a distributed sonar mesh network.
- First Round Capital led the seed funding round, joined by other investors like Also Capital, Long Journey, Homebrew, and Colorado School of Mines Venture Fund.
- AndrenaM's team, with expertise from SpaceX and defense tech giants, is developing machine learning software to process acoustic data and deliver real-time insights.
- The startup plans to build its own buoys integrated with its technology to reduce costs and improve data gathering for algorithm training.
- Investor Meka Asonye of First Round Capital was impressed by AndrenaM's progress, flying to meet the team and offering funding for their deployed technology and commercial potential.
- AndrenaM will double its team size to 16 employees, focusing on hiring software engineers, and has purchased a boat for hardware assembly and deployment.
- Matej Cernosek's motivation for building a national security startup stems from his family's immigrant background, aiming to make a significant impact for the United States.
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