BeeX, a provider of autonomous robotics systems designed to operate underwater, has closed a new US$2 million bridge funding round to support the continued development of its technology.
The latest investment round was co-led by Earth Venture Capital and ShipsFocus Ventures, with participation from SEEDS Capital, NUS Technology Holdings, and Infinita VC.
Established in 2018 by Grace Chia and Goh Eng Wei, researchers at the National University of Singapore, BeeX has developed emission-free autonomous underwater robotics technologies for customers in the maritime, energy and defence sectors, integrating AI and in-house software to support asset maintenance and regulatory compliance.
The company’s A.IKANBILIS Hovering Autonomous Underwater Vehicle features two 500Wh onboard batteries capable of delivering up to 7 hours of work, with HD cameras and powerful underwater lamps that allow the units to deliver real-time underwater images to operators on shore.
The system can be used to perform autonomous inspections of vessel hulls, creating 3D visualisations of scanned areas.
“The innovative solutions and the vision presented by BeeX align perfectly with Earth Venture Capital’s commitments to decarbonise the maritime sector, which mostly relies on fossil fuel,” said Linh Nguyen, General Partner of Earth Venture Capital.
“We are excited to co-lead this funding round and become a long-term partner to support BeeX in their future mission.”