Abyssal

Porto, Portugal Founded: 2012 • Age: 14 yrs Acquired By Ocean Infinity
Develops sub-sea navigation technology for ROVs using 3D AR
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About Abyssal

Abyssal is a company based in Porto (Portugal) founded in 2012 by Bruno Santos, Manuel Parente, Hugo Ramos, and Joao Paulo Dias Ferreira was acquired by Ocean Infinity in May 2021.. Abyssal operates in a competitive market with competitors including Hensoldt, Ocean Power Technologies, Cyberhawk, Aker Solutions and Tachyus, among others.

  • Headquarter Porto, Portugal
  • Founders Bruno Santos, Manuel Parente, Hugo Ramos, Joao Paulo Dias Ferreira
  • Sectors
    Technology
    Transportation, Automotive & Logistics Energy & Utilities Aerospace, Defense & Maritime
  • Email
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  • Phone
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  • Website
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Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Transportation, Automotive & Logistics → Maritime, Ports & Shipping
Technology → Extended, Virtual & Augmented Reality
Energy & Utilities → Oil & Gas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Ocean Infinity

    (May 04, 2021)

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Funding Insights of Abyssal

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2013 Amount Seed - Abyssal Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Stage-agnostic investments in tech and life sciences sectors are pursued.
Founded Year Domain Location
Robotic ships are provided for ocean data acquisition and analysis.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Abyssal

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Abyssal

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Abyssal Comparisons

Employees
+
Add Comparison
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Competitors of Abyssal

Abyssal 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 Hensoldt, Ocean Power Technologies, Cyberhawk, Aker Solutions and Tachyus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Diversified solutions for oil and gas operations are provided worldwide.
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AI-driven hardware and software are provided for oil production optimization.
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Develops unmanned aircraft systems for oil & gas, smart grid, & emergency response
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Abyssal

Frequently Asked Questions about Abyssal

When was Abyssal founded?

Abyssal was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Abyssal located?

Abyssal is headquartered in Porto, Portugal.

What does Abyssal do?

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.

Who are the top competitors of Abyssal?

Abyssal's top competitors include Hensoldt, Cyberhawk and Ocean Power Technologies.

Who are Abyssal's investors?

Abyssal has 2 investors. Key investors include Ocean Infinity, and Portugal Ventures.

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