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Vaarst

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AI-driven subsea robotics and 3D data solutions

Bristol, United KingdomFounded 2015Defence
Valuation $50–100M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Vaarst

Vaarst is a marine robotics technology company that provides autonomous robotics and data solutions for the marine and energy sectors. It was launched in March 2021 as a technology spin-off from its sister company, Rovco, by founder Brian Allen. The separation was intended to accelerate advancement in ocean robotics and offer its technology to a broader market beyond Rovco's direct services. In September 2024, it was announced that Vaarst and Rovco would merge under a new brand, Beam, to unify their capabilities in AI, computer vision, and robotics for the offshore wind industry. However, by May 2025, the merged entity Beam reportedly made all staff redundant following significant financial losses.

Vaarst specializes in artificial intelligence, machine learning, and underwater 3D computer vision to enhance the management of marine infrastructure and asset integrity. The company's core product is the SubSLAM X2, an intelligent data collection system that mounts on remotely operated vehicles (ROVs). This technology delivers live 4K video and simultaneous, high-resolution 3D point cloud models with sub-millimeter accuracy, allowing for real-time inspection and analysis from anywhere in the world. This system is designed to significantly reduce the cost and time of subsea inspections by as much as 80%, while improving safety by reducing the number of personnel required at sea.

The company's business model focused on providing its technology to clients in offshore wind, oil and gas, maritime security, and marine sciences. Its services included asset integrity surveys, subsea metrology for construction, and pipeline inspections. Before the merger and subsequent issues, Vaarst had secured significant funding, including a $20 million Series B round in April 2022, from investors such as Legal & General Capital, Equinor, and the US intelligence community's strategic investor, In-Q-Tel. The company had global expansion plans with offices intended for the US and Japan.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2015
Headquarters
Bristol, United Kingdom
Employees
1
Open positions
None listed
Dealroom signal
58.2/100
Sector
Defence, Core AI, Industrial Robotics, Defence Applications, Industrial Technology, Sea and Subsea Robots, Blue Economy, Dual-Use Tech, Bluetech and Ocean Observation
Technology
Artificial Intelligence, Hardware, Deep Tech, Autonomous & Sensor Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Sep 2024
Capital deployed
—
Preferred round
MERGER

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
MERGER✓Other financing Sep 2024 $0 — Rovco ↗
SERIES B✓Equity / VC Apr 2022 $20M $80M In-Q-Tel · Legal & General Capital · Foresight Group · Equinor Ventures ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Vaarst website traffic

Latest recorded traffic for Vaarst is 20 monthly website visits, down 99.2% over the last three months. Vaarst's team grew 0% over the past year.

Latest monthly visits20 3-month web change-99.2% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Legal & General Capital
  • Equinor Ventures
  • In-Q-Tel
  • Foresight Group

Series B and later1 investor entered at this stage

  • Rovco

Other known investors1 additional known investor

  • Beam
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇬🇧 United Kingdom · Bristol HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Vaarst on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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