About Vaarst
Vaarst is a company based in Bristol (United Kingdom) founded in 2015.. Vaarst has raised $20 million across 2 funding rounds from investors including Equinor, Legal & General and Martlet Capital. Vaarst offers products and services including Data Platform, SubSLAM X2, and Bespoke Solutions. Vaarst operates in a competitive market with competitors including Rovco, Terradepth, Planys Technologies, EyeROV and Fifish, among others.
- Headquarter Bristol, United Kingdom
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Vaarst Limited
- Date of Incorporation 04 Mar, 2021
- Jurisdiction BRISTOL, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Equinor
& 6 more
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Employee Count
Employee Count
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Products & Services of Vaarst
Vaarst offers a comprehensive portfolio of products and services, including Data Platform, SubSLAM X2, and Bespoke Solutions. 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.
Provides gateway for machine learning and data analysis
Delivers 4K video and real-time 3D mapping capabilities
Offers tailored support for project engineering and data processing
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Funding Insights of Vaarst
Vaarst has successfully raised a total of $20M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(01 Apr 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series B - Vaarst | Valuation | SDF , Future Planet Capital |
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| Apr, 2022 | Amount | Series B - Vaarst | Valuation | Legal & General |
| 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 Vaarst
Vaarst has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Equinor, Legal & General and Martlet 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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Strategic Development Fund is focused on investment in UAE sectors.
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Founded Year | Domain | Location | |
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Impact-led venture capital is invested in university spin-outs and start-ups.
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Founded Year | Domain | Location | |
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Venture capital firm
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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 Vaarst
| 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 - Vaarst
| 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 |
Vaarst Comparisons
Competitors of Vaarst
Vaarst 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, Terradepth, Planys Technologies, EyeROV and Fifish, 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 |
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 Vaarst
Frequently Asked Questions about Vaarst
When was Vaarst founded?
Vaarst was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Where is Vaarst located?
Vaarst is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Is Vaarst a funded company?
Vaarst is a funded company, having raised a total of $20M across 2 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Apr 01, 2022.
What does Vaarst do?
Vaarst was founded in 2015 and is based in Bristol, United Kingdom. AI-based robotic analysis solutions for the marine sector are developed and offered. A cloud-based platform is utilized to apply computer vision technology for capturing 3D point clouds. Data storage, management, and analysis are facilitated through this system. Capabilities for 3D live streaming and geo-referencing are incorporated to support marine operations.
Who are the top competitors of Vaarst?
Vaarst's top competitors include Rovco, EyeROV and Planys Technologies.
What products or services does Vaarst offer?
Vaarst offers Data Platform, SubSLAM X2, and Bespoke Solutions.
Who are Vaarst's investors?
Vaarst has 7 investors. Key investors include Equinor, Legal & General, Martlet Capital, Foresight Group, and Strategic Development Fund.
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