11 Articles
11 Articles
AI-driven robot builder closes major funding round
Remora Robotics raises NOK 164 million to accelerate autonomous aquaculture systems. Remora Robotics has raised NOK 164 million (€15 million / $16.2 million) in growth capital to expand the development and deployment of its autonomous aquaculture technology. The Norwegian company, which specialises in underwater robots for net cleaning and real-time fish health monitoring, announced the [...]
NATO Leads €12 Mn Funding of Underwater Robotics Startup to Protect 160,000km of Seafloor Networks
In a decisive move to bolster subsea infrastructure security, the military alliance NATO, through its NATO Innovation Fund, has led €12 million financing round of Norway-based startup Kongsberg Ferrotech, whose innovative underwater robotics technology is poised to redefine pipeline maintenance and vessel repairs on the ocean floor.The robot, developed to operate in extreme underwater conditions, creates a “dry habitat” that enables safe inspect…
Norwegian startup gains traction, investments for subsea robotics program
The NATO Innovation Fund and Investinor will pay $14 million for a stake in Kongsberg Ferrotech, enabling the startup to scale up production of its submersible robot. The first machine already is currently deployed for offshore oil and gas operations in Abu Dhabi.
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