ScrubMarine

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: £740,000
• Sector: Deep Tech, Subsea Robotics, Maritime Inspection & Maintenance
• Advisor: Not Disclosed
• Key Entities: ScrubMarine (Target); PXN Ventures, SFC Capital, Angel Backers (Investors)
• Location: Edinburgh and the Lake District, UK

Note: 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.