OceanTech Innovation AS

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

OceanTech Innovation AS - overview

Established

2017

Location

Trondheim, -, Norway

Primary Industry

Industrial Machinery

About

Based in Norway, and founded in 2017, OceanTech Innovation AS operates as an industrial machinery company that specializes in developing and producing advanced underwater imaging and measurement systems for marine research, underwater inspections, and other applications. In April 2023, Frøy Kapital acquired 66% majority stake in OceanTech Innovation AS. OceanTech Innovation AS provides a robotic splash zone operation for the offshore wind, aquaculture, transportation, oil and gas, and marine sectors. The company provides underwater cleaning, inspection, repair, and modification services, as well as all planning, personnel, and equipment, using internally registered technology, allowing access to affordable and environmentally friendly services while eliminating the need for divers in danger-prone areas.


Current Investors

Frøy Kapital

Primary Industry

Industrial Machinery

Sub Industries

Marine, Recycling, Industrial Machinery

Website

www.oceantech.no

Verticals

Clean Technology, Robotics

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

OceanTech Innovation AS - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedOceanTech Innovation AS-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.