UK-based Zelim, an unmanned search and rescue systems start-up developing a remotely operated rescue vessel, reports that it has secured £2.3 million in new equity investment.
The funding has primarily come from lead investor Kero Development Partners, as well as Aberdeen-based I7V, who made an an initial investment in Zelim’s seed round in 2020. The company is also funded by the Offshore Wind Growth Partnership (OWGP), a programme supporting UK supply chain companies.
Zelim recently launched its ‘Swift’ rescue conveyor and will release ‘Guardian’, a fast rescue craft able to operate in both crewed and uncrewed modes, in 2023.
“We are delighted to welcome Kero as a new shareholder in the company. They are one of the few investors focussed on technology hardware and have highly relevant experience to help us commercialise,” said Sam Mayall, CEO of Zelim.
“We also welcome further investment from I7V, who have supported us over the last 18 months with their CEO, Doug Duguid, in post as Chairman of the Board. It has been an incredible journey so far for the team and 2023 is set to be an exciting year with Guardian leaving the yard in spring.”
In June of this year Zelim conducted live demonstrations of its search and rescue technology for the UK and US Coastguard at an offshore wind farm off the coast of Norfolk.
