About BeeX
BeeX is a company based in Singapore (Singapore) founded in 2018 by Grace Chia and Goh Eng Wei. It operates as a Autonomous Robotics-as-a-Service (ARaaS), and Managed Services. BeeX has raised $2 million across 4 funding rounds from investors including National University of Singapore, SEEDS Capital and Earth Venture Capital. BeeX offers products and services including A.IKANBILIS™, BETTA™, SAMBAL™ Software Suite, and Visual Inspection. BeeX operates in a competitive market with competitors including Rovco, Vaarst, Terradepth, Planys Technologies and EyeROV, among others.
- Headquarter Singapore, Singapore
- Founders Grace Chia, Goh Eng Wei
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Sectors
EnvironmentTransportation, Automotive & Logistics Industrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Beex Pte. Ltd.
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Annual Revenue
$606.45 K (USD)19as on Sep 30, 2022
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Net Profit
$-163.13 K (USD)-310as on Sep 30, 2022
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EBITDA
$-163.13 K (USD)-310as on Sep 30, 2022
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Total Equity Funding
$2 M (USD)
in 4 rounds
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Latest Funding Round
$2 M (USD), Seed
Nov 15, 2023
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Investors
National University of Singapore
& 10 more
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Employee Count
Employee Count
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Products & Services of BeeX
BeeX offers a comprehensive portfolio of products and services, including A.IKANBILIS™, BETTA™, SAMBAL™ Software Suite, and Visual Inspection. 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.
Inspection drone used for underwater asset monitoring tasks.
Intervention drone deployed for underwater maintenance and operations.
Software suite developed for underwater data analysis integration.
Visual inspection service provided for underwater asset evaluation.
Funding Insights of BeeX
BeeX has successfully raised a total of $2M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in November 2023. 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 4
- Last Round Seed — $2.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2023 | Amount | Seed - BeeX | Valuation | Earth Venture Capital , ShipsFocus | |
| Jul, 2022 | Amount | Grant - BeeX | Valuation |
investors |
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| Nov, 2021 | Amount | Seed - BeeX | Valuation | Cap Vista |
| 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 BeeX
BeeX has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include National University of Singapore, SEEDS Capital and Earth Venture Capital. 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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Government-backed fund investing in tech startups
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Cap Vista is engaged in supporting deep tech startups for national security.
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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 BeeX
| 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 - BeeX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Beex Comparisons
Competitors of BeeX
BeeX 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, Vaarst, Terradepth, Planys Technologies and EyeROV, 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 |
Provider of AI-driven ROVs and services for inspection of ships
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| domain | founded_year | HQ Location |
AI-based robotic analysis solutions for marine applications are provided.
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| domain | founded_year | HQ Location |
Provides data collection technology for marine tracking systems
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| domain | founded_year | HQ Location |
Provider of marine underwater robotics inspection platform
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| domain | founded_year | HQ Location |
Provider of remotely operated vehicles and unnamed systems for underwater inspections
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| domain | founded_year | HQ Location |
Provider of an unmanned underwater robot
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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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Latest news on Beex
Frequently Asked Questions about BeeX
When was BeeX founded?
BeeX was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is BeeX located?
BeeX is headquartered in Singapore, Singapore.
Is BeeX a funded company?
BeeX is a funded company, having raised a total of $2M across 4 funding rounds to date.
What is the annual revenue of BeeX?
Annual revenue of BeeX is $606.45K as on Sep 30, 2022.
What does BeeX do?
BeeX is involved in delivering autonomous robotics solutions to safeguard underwater infrastructure across maritime, energy, and defense sectors. The company is focused on designing and operating intelligent vehicles for underwater asset integrity, reducing the need for specialized vessels. Automation and autonomy in operations are emphasized to lower costs, CO2 emissions, and personnel requirements. Services such as visual inspection, 2D mosaic, 3D visualization, and cathodic protection are offered alongside proprietary technologies like A.IKANBILIS and BETTA drones, as well as the SAMBAL software suite for enhanced data processing.
What products or services does BeeX offer?
BeeX offers A.IKANBILIS™, BETTA™, SAMBAL™ Software Suite, and Visual Inspection.
Who are BeeX's investors?
BeeX has 11 investors. Key investors include National University of Singapore, SEEDS Capital, Earth Venture Capital, ShipsFocus, and Nus Technology Holdings.