Avelo is a technology company.
Avelo has raised $2.0M across 1 funding round.
Avelo has raised $2.0M in total across 1 funding round.
Avelo Labs is a technology company specializing in scuba diving equipment, developing a lightweight scuba system that revolutionizes buoyancy control by dynamically borrowing water weight from the ocean instead of relying on traditional depth-sensitive buoyancy compensators (BCDs).[1][2][5] This innovation provides divers with effortless neutral buoyancy, extended bottom time, improved air efficiency (up to 30% more gas capacity), reduced equipment weight, and enhanced streamlining for recreational, professional, and technical divers.[2][5] Serving individual divers, dive centers, and training organizations, Avelo solves key pain points like cumbersome gear, poor buoyancy management, and high workload, enabling longer, safer dives with less fatigue—particularly benefiting new divers who can hover effortlessly and pros who gain efficiency.[1][2][5] Founded in 2017 and based in Kula, Hawaii, the company has raised $1.03M, partnered with Shearwater Research for dive computer integration (including Avelo Mode on models like Peregrine TX in 2024 and expansions in 2025), and won the Innovation Award at boot Düsseldorf 2025.[1][2][5]
(Note: Search results also reference Avelo Airlines, an ultra-low-cost carrier, and a potential tech project for that airline, but the query specifies "Avelo is a technology company," aligning directly with Avelo Labs' scuba tech focus rather than aviation.[1][3][4][6])
Avelo Labs was founded in 2017 by Aviad Cahana, a scuba instructor and engineer with expertise in thermodynamics, who grew frustrated with the heavy, cumbersome nature of traditional scuba gear.[1][2] Questioning why divers must carry excessive weight, Cahana prototyped a new system over years of rigorous testing, data logging from thousands of dives via dive computers, and iterations that revealed trends like dramatically reduced workload and longer dives with perfect neutral buoyancy.[2] Early real-world testing confirmed its potential to "change scuba forever," leading to partnerships like the 2024 R&D collaboration with Shearwater Research for seamless integration with their air-integrated dive computers.[2] Pivotal moments include launching the system commercially and earning the boot Düsseldorf 2025 Innovation Award, marking its global recognition in watersports.[5]
Avelo Labs rides the wave of recreational tech innovation in watersports, where advancements in materials, sensors, and human-performance analytics are transforming scuba from a bulky hobby into an efficient, data-optimized pursuit—much like drones revolutionized aerial photography.[2][5] Timing is ideal amid rising adventure tourism and post-pandemic demand for immersive outdoor experiences, with market forces like sustainability (less gear waste) and safety tech (integrated dive computers) favoring lightweight, smart systems.[2] By partnering with leaders like Shearwater, Avelo influences the ecosystem through standardized modes and R&D, potentially setting new buoyancy standards and inspiring hybrid tech for freediving or underwater robotics, while challenging incumbents in a $5B+ global dive industry.[1][2]
Avelo Labs is poised for expansion with its 2025 Shearwater integrations rolling out across more dive computers, boot award momentum, and potential dive center adoptions driving scale beyond its $1.03M funding.[1][2][5] Trends like AI-enhanced dive analytics, sustainable materials, and VR training will shape its path, amplifying human-performance gains in an aging diver demographic seeking ease. Its influence could evolve from niche innovator to category leader, redefining scuba accessibility and efficiency—proving one engineer's frustration can lightweight an entire industry, much like its gear lightens the dive.[2][5]
Avelo has raised $2.0M in total across 1 funding round.
Avelo's investors include Privilège Ventures.
Avelo has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in September 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2022 | $2.0M Seed | Privilège Ventures |