About SubseaTek
Subsea Technologies was founded in 2008 and is located in Aberdeen City, Scotland. Operations are focused on the industrial goods and manufacturing sector, where subsea solutions are provided. Products such as hydraulic and mechanical connectors, surface controls, umbilicals, retractable stabs, hydraulic couplers, utility connectors, hardware, and control systems are developed. Services support clients including Shell, Weatherford, GE, and others in the offshore energy industry.
- Headquarter Aberdeen, United Kingdom
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$647.58 K (USD), Debt – Conventional
Sep 03, 2018
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Investors
Helix Energy Solutions
& 2 more
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Employee Count
Employee Count
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Acquired by
Helix
(May 30, 2019)
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Funding Insights of SubseaTek
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $647,582
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Debt – Conventional - SubseaTek | Valuation |
investors |
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| Jun, 2008 | Amount | Private Equity Round - SubseaTek | Valuation |
investors |
| 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 SubseaTek
SubseaTek has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Helix Energy Solutions, Bibby Financial Services and HitecVision. 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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HitecVision is focused on investments in the European energy sector.
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Founded Year | Domain | Location | |
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Asset financing and leasing services are provided to businesses worldwide.
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Founded Year | Domain | Location | |
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Offshore energy services including well intervention and robotics are provided.
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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 SubseaTek
| 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 - SubseaTek
| 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 |
Subseatek Comparisons
Competitors of SubseaTek
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 SubseaTek
When was SubseaTek founded?
SubseaTek was founded in 2008.
Where is SubseaTek located?
SubseaTek is headquartered in Aberdeen, United Kingdom. It is registered at Aberdeen, Scotland, United Kingdom.
Who is the current CEO of SubseaTek?
Drummond Lawson is the current CEO of SubseaTek.
What does SubseaTek do?
Subsea Technologies was founded in 2008 and is located in Aberdeen City, Scotland. Operations are focused on the industrial goods and manufacturing sector, where subsea solutions are provided. Products such as hydraulic and mechanical connectors, surface controls, umbilicals, retractable stabs, hydraulic couplers, utility connectors, hardware, and control systems are developed. Services support clients including Shell, Weatherford, GE, and others in the offshore energy industry.
Who are SubseaTek's investors?
SubseaTek has 3 investors. Key investors include Helix Energy Solutions, Bibby Financial Services, and HitecVision.
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