ScrubMarine

Investor: PXN Ventures, SFC Capital, and angel backers

ScrubMarine, a deep tech firm based in the UK, has successfully secured £740,000 in a funding round. The company develops autonomous robotic systems for maritime inspections and maintenance, aiming to replace manual and hazardous traditional processes.Summary of transaction details:Value: £740,000Sector: Deep Tech, Subsea Robotics, Maritime Inspection & MaintenanceAdvisor: Not DisclosedKey Entities: ScrubMarine (Target); PXN Ventures, SFC Capital, Angel Backers (Investors)Location: Edinburgh and the Lake District, UKNote: This funding is set to accelerate ScrubMarine's engineering capabilities and team growth, allowing the company to further develop its cost-effective autonomous technology designed for harsh maritime environments and contribute to modernizing global maritime infrastructure.

Investor: SFC Capital and PXN Ventures

Edinburgh-based maritime robotics startup ScrubMarine has raised over £750,000 in a seed-stage venture funding round led by SFC Capital and PXN Ventures, along with backing from the Northern Powerhouse Investment Fund and private investors, to develop autonomous hull-cleaning and inspection robots for the global shipping industry. Summary of transaction details: Value: £750,000+ Sector: DeepTech & AI / Maritime Robotics Advisor: Not disclosed Key Entities: ScrubMarine (target), SFC Capital, PXN Ventures, Northern Powerhouse Investment Fund, Graham Westgarth, Colin Greene Location: Edinburgh, UK with engineering expansion in Whitehaven Note: The investment will fund completion of ScrubMarine's first commercial prototype, engineering team expansion, and live customer trials, targeting the $100 billion annual cost of biofouling in global shipping through autonomous hull-cleaning technology.