About Abyss Solutions
Abyss Solutions is a company based in Pyrmont (Australia) founded in 2014. Abyss Solutions has raised $19.25 million across 4 funding rounds from investors including AirTree, Australian Retirement Trust and FollowTheSeed. Abyss Solutions offers products and services including Abyss Fabric, Lantern Eye, and Custom Solution. Abyss Solutions operates in a competitive market with competitors including Rovco, Ambarella, IntelliFusion, Formic and Clobotics, among others.
- Headquarter Pyrmont, Australia
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics Technology Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Abyss Solutions Pty. Ltd.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$19.25 M (USD)
in 4 rounds
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Latest Funding Round
$15 M (USD), Series B
Nov 21, 2022
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Investors
AirTree
& 3 more
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Employee Count
Not available
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Products & Services of Abyss Solutions
Abyss Solutions offers a comprehensive portfolio of products and services, including Abyss Fabric, Lantern Eye, and Custom Solution.
AI system for detecting corrosion and prioritizing maintenance tasks
Creates digital replicas of assets from underwater inspections
Provides bespoke autonomous inspection for specific industry needs
Funding Insights of Abyss Solutions
Abyss Solutions has successfully raised a total of $19.25M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Abyss Solutions
Abyss Solutions has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include AirTree, Australian Retirement Trust and FollowTheSeed.
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Investments are directed toward early-stage tech startups by AirTree.
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A global data-driven venture capital firm focused on innovation.
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Investor details for Abyss Solutions
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Investments & Acquisitions by Abyss Solutions
Investment portfolio details for Abyss Solutions
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Financial Statements - Abyss Solutions
Detailed financials for Abyss Solutions
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Abyss Solutions Comparisons
Peer comparison for Abyss Solutions
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Competitors of Abyss Solutions
Abyss Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rovco, Ambarella, IntelliFusion, Formic and Clobotics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of AI-driven ROVs and services for inspection of ships
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AI-enabled image processors are manufactured for ADAS and security applications.
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Provider of AI and cloud-based vision processing units for video analytics applications
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Automation solutions are provided by Formic for industrial manufacturers.
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Drone data management and analysis solutions are provided for enterprises.
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AI-based robotic analysis solutions for marine applications are provided.
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Detailed competitors of Abyss Solutions
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Latest news on Abyss Solutions
Complete news archive for Abyss Solutions
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Frequently Asked Questions about Abyss Solutions
Abyss Solutions was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Abyss Solutions is headquartered in Pyrmont, Australia. It is registered at Pyrmont, New South Wales, Australia.
Abyss Solutions is a funded company, having raised a total of $19.25M across 4 funding rounds to date.
Abyss Solutions was founded in 2014 and is based in Pyrmont, Australia. Operations focus on the offshore inspection sector, where condition assessment reports are generated for underwater structures such as bridges, dams, reservoirs, submerged pipelines, oil and gas rigs, and ship hulls. Machine learning, robotics, and data analysis tools are utilized to support these assessments in water-based environments.
Abyss Solutions offers Abyss Fabric, Lantern Eye, and Custom Solution.
Abyss Solutions has 4 investors. Key investors include AirTree, Australian Retirement Trust, FollowTheSeed, and INCUBATE.