BeeX

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BeeX - overview

Established

2018

Location

Singapore, -, Singapore

Primary Industry

Automobiles, Other Vehicles & Parts

About

Established in 2018, based in Singapore, BeeX provides Autonomous Robotics-as-a-Service for advanced underwater inspection, employing innovative Hovering Autonomous Underwater Vehicles (HAUVs) to enhance efficiency and data retrieval in asset integrity assessments. It specializes in autonomous underwater inspection solutions. The company is based in Singapore and operates primarily in the maritime, energy, and defense sectors. The CEO is Grace Chia, one of the founders, alongside Goh Wei and Tom Werz.


BeeX has successfully raised USD 2. 00 mn in a funding round in November 2023, targeting investments for their entry into the European market for offshore wind farm inspections, with a total raised amount of USD 2. 00 mn from this and previous rounds. BeeX specializes in Autonomous Robotics-as-a-Service (ARaaS), focusing on advanced underwater inspection solutions through the deployment of innovative Hovering Autonomous Underwater Vehicles (HAUVs).


The HAUVs integrate intelligent technology and the software suite Sambal™, enhancing underwater asset integrity assessments. They provide faster data access compared to traditional Remotely Operated Vehicles (ROVs) and are used by clients in maritime, energy, and defense sectors, including offshore wind energy and environmental monitoring. In the most recent year, BeeX reported a revenue of USD 861,309. 80 with an EBITDA of USD -202,545.


80. The company generates revenue through its ARaaS model, with flexible subscription-based agreements and long-term rental options, catering primarily to B2B clients. In September 2025, BeeX Pte Ltd raised SGD 10 million in series A funding from unspecified investors. The company will use the September 2025 funding to support global scaling and accelerated development of enhanced vehicle capabilities.


Current Investors

NUS Endowment Fund, Quest Ventures, Cap Vista

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts, Scientific Software, Systems Management Software

Website

www.beex.sg

Verticals

Artificial Intelligence, Cloud Computing, Electric & Hybrid Vehicles, Manufacturing, Robotics

Company Stage

Series A

Total Amount Raised

Subscriber access only

BeeX - timeline of key events

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BeeX - financials

Fiscal Year EndedSep 30, 2019Sep 30, 2020Sep 30, 2021Sep 30, 2022Sep 30, 2023Dec 31, 2024
Revenue (USD)229,350-697,948---
% Revenue Growth (YoY)------
EBITDA (USD)76,987-120,134---
Operating Income (USD)75,548-106,478---
Operating Margin32.9%-15.3%---
% EBITDA Margin33.6%-17.2%---
NET Income (USD)75,548-106,478---
% Net Margin32.9%-15.3%---

BeeX - employee data

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