Marine robotics specialist Vaarst has closed on the first $20 million of its Series B round led by energy transition investor Legal & General Capital, alongside the venture capital arm of the international energy company Equinor.
Existing shareholder Foresight Group also participated alongside In-Q-Tel, the strategic investor for the US intelligence and defence communities and allied nations.
Vaarst is a leading provider of autonomy and cloud managed robotics; supporting the offshore wind, wave & tidal, scientific, maritime security, and civils industries. [Read more…] about Marine robotics specialist Vaarst raises $20 million to expand