Forssea Robotics

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Forssea Robotics - overview

Established

2016

Location

Paris, -, France

Primary Industry

Power & Utilities

About

Forssea Robotics is a specialist in advanced underwater robotics, focusing on innovative solutions such as the ARGOS ROV, designed to optimize efficiency in underwater operations and marine asset management across various industries. Forssea Robotics, founded in 2016 in Paris, France, develops advanced underwater robotic technologies. The company's founders include Gautier DREYFUS, who also serves as CEO. Forssea has engaged in five deals, with its latest round being a EUR 2.


01 million funding raised on January 5, 2022, primarily from Qair Innovation and Sofilaro SAS, alongside other investors. The firm’s current valuation stands at EUR 7. 599 mn. FORSSEA Robotics specializes in advanced underwater robotics solutions, with a primary focus on its flagship product, the ARGOS ROV (Remotely Operated Vehicle).


This ultra-light, all-electric class ROV features advanced auto-navigation and remote supervision capabilities, enhancing underwater operations. Central to its functionality is the V-LOC® (Visual Localization) technology, which employs open-source tags for precise positioning of marine assets, supporting various sectors including offshore energy, marine research, and underwater inspections globally. FORSSEA Robotics generates revenue through its Robotics as a Service (RaaS) model aimed at ocean industries, facilitating supervised autonomy in underwater operations. The company’s B2B relationships include offshore operators, marine research institutions, and inspection service providers that utilize FORSSEA's ROV and technology.


Revenue streams comprise service contracts linked to the deployment of the ARGOS ROV, along with partnerships for renting or leasing their technologies, tailored to specific client needs. In January 2022, Forssea Robotics raised EUR 2. 01 million in venture funding, which will support the ongoing development of new products and enhancements to existing technologies. The company plans to expand its market presence in Europe, North America, and Asia-Pacific by introducing additional functionality in their ROV systems in the upcoming year.


This strategic investment aims to bolster Forssea's capacity to meet the growing demand for underwater robotic solutions across various industries.


Current Investors

Irdi Capital Investissement, Soper SAS, Ifremer

Primary Industry

Power & Utilities

Sub Industries

Electric Utilities

Website

www.forssea-robotics.fr

Verticals

Robotics

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Forssea Robotics - financials

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Forssea Robotics - employee data

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Forssea Robotics - key contacts

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Co-founder & Board MemberBM

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