XOcean has secured $115mn to expand its fleet of uncrewed surface vessels.
This data is especially helpful for ocean research.
Its also of great value to companies in offshore wind, oil and gas, and carbon capture.
The other key investors wereMorgan Stanleys 1GT fund and an affiliate of the Crown Familys CC Industries.
XOcean also raised $30mn back in June, bringing its total funding to date to $180mn.
Although it has not publicly disclosed its valuation,Dealroomputs it north of $500mn.
It’s free, every week, in your inbox.
XOcean also promises that its vessels are greener.
XOCEAN already works with offshore giants including SSE Renewables, rsted, BP, and Shell.
The scaleup has delivered data solutions to commercial and government clients in over 23 territories, it said.
Meanwhile, another British company, Beam, has built anunderwater robotfor inspecting offshore wind farms.
Story bySion Geschwindt
Sion is a freelance science and technology reporter, specialising in climate and energy.
