In January 2020, the Foresight Williams Technology EIS Fund invested £2.0 million into disruptive subsea surveying company Rovco Ltd.
Rovco was established in 2015, and is changing the way underwater surveying is performed, pushing the boundaries of subsea technology. Their focus is on the development of a real-time vision system that delivers high resolution, dense 3D point clouds of subsea objects and an artificial intelligence driven collaborative data delivery platform.
The investment will be used to support the growth of the Company’s commercial and operational capabilities, leveraging existing relationships to expand globally. WAE and Rovco have identified several opportunities to collaborate on enhancements to Rovco’s real-time vision system.
More information on Rovco is available at https://www.rovco.com/