2015’s biggest investments: ROVOP £10m

Aberdeen remote underwater vehicle company seeks to increase fleet to 50 vehicles over next three years

Company: ROVOP
Description: Underwater remote controlled vehicles
Founders: Steven Gray
Based in: Aberdeen
Raised: £10m
Investors: BGF

They said:

Steven Gray, ROVOP CEO: “ROVOP is committed to providing clients with the most advanced, capable and reliable ROV technology, world-class business systems and the best offshore personnel trained in our own ROV Academy.”

Mike Sibson, BGF: “Since founding the business less than four years ago, Gray and Vorenkamp have assembled a very experienced team from across the subsea industry, and we are confident they will continue to enjoy success.”

Read more about the deal here.

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