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Vaarst
AI-driven subsea robotics and 3D data solutions
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | ↗ |
Growth signals
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.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
BeamRobotic ships and underwater robots to service offshore wind farms |
Bristol, United Kingdom | Operational | 25 | $30M | $80M |
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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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