Summary
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.
Lead Investor / Acquirer
SFC Capital
Lead Investor / Acquirer
PXN Ventures
Advising Broker
Undisclosed Firm
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