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.