About Abyssal
Abyssal is a Technology company based in Porto (Portugal) founded in 2012 by Bruno Santos, Manuel Parente, Hugo Ramos, and Joao Paulo Dias Ferreira, and was acquired by Ocean Infinity in May 2021. It develops sub-sea navigation technology for ROVs using 3D AR. It operates in the Technology, Transportation, Automotive & Logistics, and Energy & Utilities sectors. Its focus areas include High Tech, Augmented Reality, Applications and Marine.
Company details
Abyssal develops sub-sea navigation technology for Remotely Operated Vehicles (ROVs) using 3D AR. Using this software solution, oil gas exploration companies can better visualize ROV piloting and supervision, improving navigation, spatial awareness, and others in real-time in low light environment in a 270 degree view. Also, provides Command Center software for real-time monitoring of worldwide operations. Also, provides Overlay software for image and video management and video recording of the media sent by ROVs to command center. Has applications in oil gas exploration, monitoring, mining, fishing, aquaculture, and other marine applications. Some of its partners are IMCA, Blueview, Tritech etc.
- Headquarters Porto, Portugal
- Founders Bruno Santos, Manuel Parente, Hugo Ramos, Joao Paulo Dias Ferreira
- Stage Acquired
- SectorsTechnologyTransportation, Automotive & Logistics Energy & Utilities Aerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website abyssal.eu
- Social LinkedIn X
- Acquired by Ocean Infinity (May 2021)
- InvestorsOcean Infinity
& 1 more
- Acquired byOcean Infinity
(May 2021)
Funding Insights of Abyssal
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Abyssal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2013 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Abyssal
Abyssal has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Ocean Infinity and Portugal Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Stage-agnostic investments in tech and life sciences sectors are pursued. | portugalventures.pt | Porto, Portugal | ||
Robotic ships are provided for ocean data acquisition and analysis. | 2017 | oceaninfinity.com | Austin, United States |
Investor details for Abyssal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Abyssal
4 people are tracked at Abyssal (4 in leadership).
| Name | Role | Group |
|---|---|---|
Bruno Santos | Co-Founder | Leadership |
Manuel Parente | Co-Founder & CTO | Leadership |
Hugo Ramos | Co-Founder | Leadership |
Joao Paulo Dias Ferreira | Co-Founder | Leadership |
Complete people profiles for Abyssal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Abyssal
3 dated milestones of Abyssal across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Abyssal is founded.
- Funding First funding round.
- Exit Acquired by Ocean Infinity.
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Frequently Asked Questions about Abyssal
Abyssal was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Abyssal is headquartered in Porto, Portugal.
Abyssal develops sub-sea navigation technology for Remotely Operated Vehicles (ROVs) using 3D AR. Using this software solution, oil gas exploration companies can better visualize ROV piloting and supervision, improving navigation, spatial awareness, and others in real-time in low light environment in a 270 degree view. Also, provides Command Center software for real-time monitoring of worldwide operations. Also, provides Overlay software for image and video management and video recording of the media sent by ROVs to command center. Has applications in oil gas exploration, monitoring, mining, fishing, aquaculture, and other marine applications. Some of its partners are IMCA, Blueview, Tritech etc.
Abyssal has 2 investors. Key investors include Ocean Infinity, and Portugal Ventures.
Yes. Abyssal was acquired by Ocean Infinity in May 2021.