Hydromea SA

Hydromea SA specializes in submerged asset monitoring and inspection solutions, utilizing advanced technologies for the offshore energy, marine science, and infrastructure security sectors. Founded in 2014 and headquartered in Lausanne, Switzerland, Hydromea SA focuses on developing innovations for submerged asset monitoring. The company was co-founded by Alexander Bahr and Felix Schill, with Igor Martin serving as CEO. Hydromea has successfully completed 2 deals, with their latest funding round in November 2019, where they raised CHF 1.

4 million in SEED funding, marking the total amount raised at CHF 1. 4 million. Hydromea's core products revolve around advanced technologies for submerged asset monitoring and inspection. Their flagship products, EXRAY™ inspection robots, gather visual and non-destructive testing (NDT) data from crucial submerged components like mooring chains and ballast tanks.

Additionally, the LUMA™ Communication Hub offers high-speed connectivity for data acquisition from submerged sensors. By integrating autonomous underwater vehicles (AUVs), Hydromea enhances operational efficiency and reduces human intervention. Their solutions cater to global markets including Europe, North America, and Asia, focusing on sustainable monitoring. Hydromea operates on a business-to-business (B2B) model, generating revenue through subscription-based services and product sales to submerged asset operators such as offshore energy companies and marine research institutions.

Their transactions typically involve the sale of systems like EXRAY™ inspection robots and LUMA™ Communication Hubs, often coupled with service contracts for ongoing support and data management, ensuring a consistent income stream. In November 2019, Hydromea SA raised CHF 1. 4 million in SEED funding, which will be allocated to the development of new products and expansion into new markets. The company aims to enhance its product line and penetrate additional geographic regions by focusing on markets with substantial submerged infrastructure needs.

Specific details on upcoming products or release dates have not been disclosed, but the recent funding is part of a broader strategy to scale operations and innovate within the subsea technology space.