Vryhof

Perth, Australia Founded: 1993 • Age: 33 yrs Acquired By Delmar Systems
Provider of drag anchors and related mooring equipment for larger floating structures

About Vryhof

Vryhof is a company based in Perth (Australia) founded in 1993 was acquired by Delmar Systems in May 2021.. Vryhof offers products and services including RAR Plus and STEVADJUSTER®.

  • Headquarter Perth, Australia
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Delmar Systems
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $450.72 K (USD), Grant

    Jan 01, 2019

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Delmar Systems

    & 1 more

    (May 24, 2021)

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Products & Services of Vryhof

Vryhof offers a comprehensive portfolio of products and services, including RAR Plus and STEVADJUSTER®. 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.

Primary

RAR Plus is utilized for acoustic release of mooring lines in offshore drilling, having been applied in over 1,000 successful deployments to facilitate disconnections without external assistance.

STEVADJUSTER is employed for subsea chain adjustment and pre-tensioning of moorings, allowing operations to be conducted remotely to enhance safety and efficiency in offshore settings.

Funding Insights of Vryhof

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $450,722
  • First Round

    (31 May 2015)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2019 Amount Grant - Vryhof Valuation

investors

May, 2015 Amount Grant - Vryhof Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Vryhof

Vryhof has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Delmar Systems and EIC Fund. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
HitecVision is focused on investments in the European energy sector.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Vryhof

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Vryhof

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Vryhof Comparisons

Employees
+
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Competitors of Vryhof

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Vryhof

Frequently Asked Questions about Vryhof

When was Vryhof founded?

Vryhof was founded in 1993 and raised its 1st funding round 22 years after it was founded.

Where is Vryhof located?

Vryhof is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.

Who is the current CEO of Vryhof?

Nick Patterson is the current CEO of Vryhof.

What does Vryhof do?

Vryhof was founded in 1993 and is headquartered in Perth, Australia. Operations focus on the offshore energy sector, where drag anchors and associated mooring equipment are designed and provided for securing larger floating structures such as FPSOs and semi-submersibles. Services encompass engineering, manufacturing, and installation support, with products deployed globally in marine environments. The company serves clients in oil and gas exploration and renewable energy projects.

What products or services does Vryhof offer?

Vryhof offers RAR Plus and STEVADJUSTER®.

Who are Vryhof's investors?

Vryhof has 4 investors. Key investors include European Union, Delmar Systems, EIC Fund, and HitecVision.

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