Beam (Energy Storage) Overview
- Year Founded
-
2016
- Status
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Acquired/Merged
- Employees
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195
- Latest Deal Type
-
Bankr. Admin/Reorg
Beam (Energy Storage) General Information
Description
Provider of hydrographic subsea services intended to serve the marine renewable and wider energy sectors. The company utilizes artificial intelligence-based technology products to provide truly autonomous collaborative subsea robotics along with 3D vision with machine-learning-based inspection, enabling clients to gather early insights, inform engineering decisions, and provide preventative maintenance and intervention to de-risk their projects.
Contact Information
Website
www.beam.global(Operating Subsidiary)
Corporate Office
- Bridgewater House, Counterslip
- Redcliffe
- Bristol BS1 6BX
- England, United Kingdom
Corporate Office
- Bridgewater House, Counterslip
- Redcliffe
- Bristol BS1 6BX
- England, United Kingdom
Beam (Energy Storage) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 13. Bankruptcy: Admin/Reorg | 02-May-2025 | Completed | Bankruptcy: Admin/Reorg | |||
| 12. Merger/Acquisition | 01-Sep-2024 | Completed | Generating Revenue | |||
| 11. Later Stage VC | 03-Jul-2024 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series B) | 01-Jun-2022 | Completed | Generating Revenue | |||
| 9. Grant | 01-Apr-2021 | Completed | Generating Revenue | |||
| 8. Grant | 01-Jun-2020 | Completed | Generating Revenue | |||
| 7. Early Stage VC (Series A) | 20-Dec-2019 | Completed | Generating Revenue | |||
| 6. Grant | 11-Dec-2018 | Completed | Generating Revenue | |||
| 5. Seed Round | 26-Nov-2018 | $1.58M | $3.4M | Completed | Generating Revenue | |
| 4. Angel (individual) | 09-Apr-2018 | $1.62M | $1.82M | Completed | Generating Revenue |
Beam (Energy Storage) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| E Ordinary | ||||||||
| C Ordinary | ||||||||
| A Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 80,818 | $0.000124 | $3.16 | $3.16 | $3.16 | 1.56% | ||
| Ordinary | 125,000 | $0.000124 | $1.49 | $1.49 | $1.49 | 2.41% |
Beam (Energy Storage) Comparisons
Industry
Financing
Details
Beam (Energy Storage) Competitors (4)
One of Beam (Energy Storage)’s 4 competitors is Bedrock (Electronic Equipment and Instruments), a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Bedrock (Electronic Equipment and Instruments) | Venture Capital-Backed | New York, NY | ||||
| Ocean Infinity | Corporation | Washington, DC | ||||
| Nauticus Robotics | Formerly VC-backed | Webster, TX | ||||
| Fugro | Corporation | Nootdorp, Netherlands |
Beam (Energy Storage) Patents
Beam (Energy Storage) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-202408649-D0 | 3d data structure for a subsea environment | Pending | 17-Jun-2024 | ||
| GB-2641897-A | 3d data structure for a subsea environment | Pending | 17-Jun-2024 | ||
| GB-202406810-D0 | Model monitoring for machine learning-based mapping systems | Pending | 14-May-2024 | ||
| GB-2641060-A | Model monitoring for machine learning-based mapping systems | Pending | 14-May-2024 | ||
| WO-2025238023-A1 | Model monitoring for machine learning-based mapping systems | Pending | 14-May-2024 | G01C21/3804 |
Beam (Energy Storage) Signals
Beam (Energy Storage) Former Investors (19)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Arvo Venture Capital | Venture Capital | Minority | ||
| Bristol Private Equity Club | Growth/Expansion | Minority | ||
| Cambridge Angels | Angel Group | Minority | ||
| Caygan Capital | Hedge Fund | Minority | ||
| EMV Capital | Venture Capital | Minority |
Beam (Energy Storage) Acquisitions (1)
Beam (Energy Storage)’s most recent deal was a Merger/Acquisition with Vaarst. The deal was made on 16-Sep-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Vaarst | 16-Sep-2024 | Merger/Acquisition | Business/Productivity Software |
Beam (Energy Storage) Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Vaarst | Bristol, United Kingdom | 2015 |
Beam (Energy Storage) FAQs
-
When was Beam (Energy Storage) founded?
Beam (Energy Storage) was founded in 2016.
-
Where is Beam (Energy Storage) headquartered?
Beam (Energy Storage) is headquartered in Bristol, United Kingdom.
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What is the size of Beam (Energy Storage)?
Beam (Energy Storage) has 195 total employees.
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What industry is Beam (Energy Storage) in?
Beam (Energy Storage)’s primary industry is Energy Storage.
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Is Beam (Energy Storage) a private or public company?
Beam (Energy Storage) is a Private company.
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What is Beam (Energy Storage)’s current revenue?
The current revenue for Beam (Energy Storage) is .
-
How much funding has Beam (Energy Storage) raised over time?
Beam (Energy Storage) has raised $77.1M.
-
Who are Beam (Energy Storage)’s investors?
Arvo Venture Capital, Bristol Private Equity Club, Cambridge Angels, Caygan Capital, and EMV Capital are 5 of 19 investors who have invested in Beam (Energy Storage).
-
Who are Beam (Energy Storage)’s competitors?
Bedrock (Electronic Equipment and Instruments), Ocean Infinity, Nauticus Robotics, and Fugro are competitors of Beam (Energy Storage).
-
When was Beam (Energy Storage) acquired?
Beam (Energy Storage) was acquired on 02-May-2025.
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