We are delighted to announce a Series B raise into Rovco and Vaarst, co-led by Legal & General Capital (Legal & General) as part of the expansion of its clean energy portfolio, alongside the venture capital arm of the international energy company Equinor. Legal & General will invest £8.5m out of the £15.2m raise. Other…
Leading O&M and Survey Services supplier, partners with advanced sub-seabed 3D Acoustic Imaging solutions provider. We are pleased to announce the formation of a powerful collaboration with PanGeo Subsea, designed to combine our respective areas of expertise to capture and provide early insight into changing subsea component and environmental conditions that may lead to…
We are excited to announce the launch of a new hydrographic services division, “Rovco Survey Solutions”, building on our experience as a leader in asset integrity and ROV projects. Now offering a range of hydrographic, geophysical and site survey services across the offshore sector, and pledging an investment of £9.5m in the new division, to…
Simon Miller to head-up Rovco. Nick Boorman appointed Group CFO. Rovco Founder Brian Allen to be Group CEO and will lead Vaarst technologies into multiple sectors. We are excited to announce an executive shift focus within the company. Simon Miller will take over as new Managing Director of the company, while newly appointed CFO…
We are pleased to announce a £3.9 million Series A investment from Foresight group via the Foresight Williams Technology EIS Fund and Foresight VCTs. The investment is part of a larger round totalling £5 million which included funds from existing shareholders. The funds will be used to support our international expansion and continued development of…
In a world-first, Rovco has launched “SubSLAM Live” a 3D Streaming technology which allows clients to video and live stream 3D underwater pointclouds to any device in the world. The stereo camera technology system sends images and 3D models of assets from the seabed to a computer browser in any location globally. This offers customers…
Rovco announce that we have generated £10.5million of sales and awards through technology provision, research grants, data collection, and surveying projects over the past 12 months. Last year we brought in £450k and opened a second office in Aberdeen. Growing sales from £450k to £10.5million this year marks an increase of over 2000% on…
Press Release Subsea technology company, Rovco has formed an invested partnership with Global Marine Group (GMG) an innovative market leader in offshore engineering, to bring intelligent inspection, repair and maintenance (IRM) solutions to the global offshore market. GMG, made up of three business units – Global Offshore, CWind and Global Marine – has secured a…
Rovco have secured second phase funding and partner with ORE Catapult and ScottishPower Renewables. The partnership will support Rovco’s delivery of cutting-edge live 3D vision. To find out more, please read the full press release below. Press Release Leading ROV and hydrographic survey company, Rovco, has been awarded further funding to develop the next stage…
We are pleased to announce that we have strengthened our business development team in order to support our ambitious growth plans over the next year. Paolo Cattaneo, Brett Laurenson and Alex Pretty bring extensive experience across the offshore renewables and subsea industries. To find out more about these recent appointments, please read the full press…