About Aqua Robotics
Aqua Robotics is a company based in Bryne (Norway) founded in 2016.. Aqua Robotics has raised $11.89 million across 2 funding rounds from investors including Nysno, Skeiegruppen and TD Veen. The company has 12 employees as of December 31, 2021. Aqua Robotics offers products and services including HALO. Aqua Robotics operates in a competitive market with competitors including Probotic and Watbots, among others.
- Headquarter Bryne, Norway
- Employees 12 as on 31 Dec, 2021
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Sectors
Agriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Aqua Robotics As
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Annual Revenue
$2.32 M (USD)2124as on Dec 31, 2021
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Net Profit
$-830.74 K (USD)33as on Dec 31, 2021
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EBITDA
$-1.09 M (USD)13as on Dec 31, 2021
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Total Equity Funding
$11.89 M (USD)
in 2 rounds
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Latest Funding Round
$8.14 M (USD), Series B
Jan 30, 2024
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Investors
Nysno
& 3 more
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Employee Count
12
as on Dec 31, 2021
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Products & Services of Aqua Robotics
Aqua Robotics offers a comprehensive portfolio of products and services, including HALO. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates net cleaning in fish farms to improve fish health and reduce environmental impact.
Funding Insights of Aqua Robotics
Aqua Robotics has successfully raised a total of $11.89M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8.14 million completed in January 2024. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $8.1M
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First Round
First Round
(03 Mar 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series B - Aqua Robotics | Valuation | Nysno , Skeiegruppen | |
| Mar, 2020 | Amount | Series A - Aqua Robotics | Valuation | TD Veen , Hatteland |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aqua Robotics
Aqua Robotics has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Nysno, Skeiegruppen and TD Veen. 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.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in solutions for global transformation and sustainability.
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Offers long-term investments in projects that reduce emissions and promote green shifts.
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Hatteland is engaged in developing ideas and companies internationally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aqua Robotics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aqua Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aqua Robotics Comparisons
Competitors of Aqua Robotics
Aqua Robotics 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 Probotic and Watbots, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based autonomous robots for underwater inspection and maintenance are provided.
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| domain | founded_year | HQ Location |
Provider of an autonomous underwater robot for fishermen
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Aqua Robotics
When was Aqua Robotics founded?
Aqua Robotics was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Aqua Robotics located?
Aqua Robotics is headquartered in Bryne, Norway. It is registered at Bryne, Rogaland, Norway.
Who is the current CEO of Aqua Robotics?
Knut Molaug is the current CEO of Aqua Robotics.
Is Aqua Robotics a funded company?
Aqua Robotics is a funded company, having raised a total of $11.89M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.74M, raised on Mar 03, 2020.
How many employees does Aqua Robotics have?
As of Dec 31, 2021, the latest employee count at Aqua Robotics is 12.
What is the annual revenue of Aqua Robotics?
Annual revenue of Aqua Robotics is $2.32M as on Dec 31, 2021.
What does Aqua Robotics do?
Aqua Robotics was founded in 2016 in Bryne, Norway, focusing on the aquaculture sector. Robotic systems for net cleaning are provided to businesses, featuring brushes that lower energy use relative to high-pressure methods. Copper impregnation is avoided, sediment production is minimized, and fish health is supported through reduced hydroid growth and fewer gill disease cases. Operations center on sustainable cleaning solutions for fish farming environments.
Who are the top competitors of Aqua Robotics?
What products or services does Aqua Robotics offer?
Aqua Robotics offers HALO.
Who are Aqua Robotics's investors?
Aqua Robotics has 4 investors. Key investors include Nysno, Skeiegruppen, TD Veen, and Hatteland.