Abyss Overview
- Year Founded
-
2014

- Status
-
Private
- Employees
-
176

- Latest Deal Type
-
Series A
- Latest Deal Amount
-
$9.9M
- Investors
-
13
Abyss General Information
Description
Developer of robotics and artificial intelligence-based software designed to improve the safety of critical underwater infrastructure. The company offers automated oil platform surface corrosion inspection and remediation, subsea inspection, and condition monitoring of inshore assets and underground pipelines through robotics and proprietary data capture technology, enabling companies in offshore oil and gas, water, transport, maritime and defense sectors to make informed asset management decisions.
Contact Information
- 477 Pitt Street, Haymarket
- Sydney, New South Wales 2000
- Australia
Abyss Timeline
Abyss Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Later Stage VC (Series A) | 21-Nov-2022 | $9.9M | 000.00 | 000.00 | Completed | Generating Revenue |
6. Later Stage VC | 01-Dec-2020 | 00.000 | 00.000 | 000.00 | Completed | Generating Revenue |
5. Grant | 24-May-2018 | 00000 | 00.000 | Completed | Generating Revenue | |
4. Seed Round | 09-May-2017 | 000 | 00.000 | Completed | Generating Revenue | |
3. Accelerator/Incubator | 01-Feb-2016 | 0000 | 0000 | Completed | Generating Revenue | |
2. Angel (individual) | Completed | Generating Revenue | ||||
1. Accelerator/Incubator | 01-Jan-2015 | $5K | Completed | Generating Revenue |
Abyss Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B Preference | 000,000 | 000.00 | 000.00 | 00 | 000.00 | 00.000 | ||
SERIES A PREFERENCE | 000,000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Abyss Comparisons
Industry
Financing
Details
Abyss Competitors (2)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Dronitech | Venture Capital-Backed | Mumbai, India | 00000 | 000000000 | 00000 | |
00000000 | Venture Capital-Backed | San Francisco, CA | 00 | 0000 | 00000000000 | 0000 |
Abyss Patents
Abyss Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
AU-2021901624-A0 | Method and system for surface deformation detection | Pending | 31-May-2021 | ||
AU-2021901625-A0 | Method and system for detecting coating degradation | Pending | 31-May-2021 | ||
AU-2019904762-A0 | Method and system for detecting physical features of objects | Inactive | 17-Dec-2019 | ||
AU-2020404445-A1 | Method and system for detecting physical features of objects | Pending | 17-Dec-2019 | 00000000 | |
EP-4078514-A1 | Method and system for detecting physical features of objects | Pending | 17-Dec-2019 | G06T7/11 |
Abyss Executive Team (10)
Abyss Board Members (5)
Name | Representing | Role | Since |
---|---|---|---|
Elicia McDonald | AirTree Ventures | Board Member | 000 0000 |
Hatem Soliman | Abyss | Board Member | 000 0000 |
Ian Davis | Self | Chairman | 000 0000 |
Marcus Machin | Abyss | Board Member | 000 0000 |
Abyss Signals
Abyss Investors (13)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Australian Retirement Trust | Corporation | Minority | 000 0000 | 000000 0 | |
AirTree Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Jelix Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Australian Government (Landing Pads) | Accelerator/Incubator | 000 0000 | 000000 0 | ||
Darren Patterson | Angel (individual) | Minority | 000 0000 | 000000 0 |