About Rovop
Rovop is a company based in Shoreview (United States) founded in 2011 was acquired by Edison Chouest Offshore in May 2024. Rovop has raised $101.89 million across 7 funding rounds from investors including Scottish Enterprise, Edison Chouest Offshore and Scottish Development International. Rovop offers products and services including ROV Solutions, Schilling UHD, Triton XLS, and Seaeye Cougar XT. Rovop operates in a competitive market with competitors including Rovco, 3sun Group, SubC Partner, Subsea Tech and Overdick, among others.
- Headquarter Shoreview, United States
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
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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
$101.89 M (USD)
in 7 rounds
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Latest Funding Round
$25 M (USD), Debt – Conventional
Apr 12, 2023
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Investors
Scottish Enterprise
& 6 more
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Employee Count
Not available
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Acquired by
Edison Chouest Offshore
(May 02, 2024)
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Products & Services of Rovop
Rovop offers a comprehensive portfolio of products and services, including ROV Solutions, Schilling UHD, Triton XLS, and Seaeye Cougar XT.
Delivers complete ROV systems for underwater operations and maintenance
Advanced ROV for high-definition subsea inspection and tasks
ROV system for versatile subsea exploration and support
Compact ROV for efficient subsea operations in various environments
People of Rovop
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Funding Insights of Rovop
Rovop has successfully raised a total of $101.89M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $25 million completed in April 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.
Investors in Rovop
Rovop has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Scottish Enterprise, Edison Chouest Offshore and Scottish Development International.
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Venture capital and infrastructure fund focused on digital infra, Agri, and renewable energy sectors
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Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Bluewater is engaged in private equity investments within the global energy supply chain.
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Investor details for Rovop
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Investments & Acquisitions by Rovop
Investment portfolio details for Rovop
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Financial Statements - Rovop
Detailed financials for Rovop
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Rovop Comparisons
Peer comparison for Rovop
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Competitors of Rovop
Rovop 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, 3sun Group, SubC Partner, Subsea Tech and Overdick, 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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OIl and gas and renewable energy service provider
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Offshore services including diving, engineering, and fabrication are provided.
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ROVs for underwater inspection are developed and provided.
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Offshore engineering, maintenance, and inspections services provider
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Detailed competitors of Rovop
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Latest news on Rovop
Complete news archive for Rovop
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Frequently Asked Questions about Rovop
Rovop was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Rovop is headquartered in Shoreview, United States. It is registered at Shoreview, Minnesota, United States.
Rovop is a funded company, having raised a total of $101.89M across 7 funding rounds to date.
Rovop was founded in 2011 and is based in Shoreview, United States. Subsea remotely operated vehicle services are offered in the offshore energy sector, covering pipeline and platform inspections, repairs, and maintenance. Wind farm cable laying and inspections are included, as well as subsea construction, drill support, and survey operations. Focus is placed on supporting marine infrastructure projects globally.
Rovop's top competitors include Rovco, SubC Partner and 3sun Group.
Rovop offers ROV Solutions, Schilling UHD, Triton XLS, and Seaeye Cougar XT.
Rovop has 7 investors. Key investors include Scottish Enterprise, Edison Chouest Offshore, Scottish Development International, Cordiant Capital, and Bluewater.