Beam (Energy Storage) Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 195

Employees

  • 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
Formerly Known As
Rovco, Vaast
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Bridgewater House, Counterslip
  • Redcliffe
  • Bristol BS1 6BX
  • England, United Kingdom
+44 0117
Primary Industry
Energy Storage
Other Industries
Energy Infrastructure
Corporate Office
  • Bridgewater House, Counterslip
  • Redcliffe
  • Bristol BS1 6BX
  • England, United Kingdom
+44 0117

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

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
To view Beam (Energy Storage)’s complete valuation and funding history, request access »

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%
To view Beam (Energy Storage)’s complete cap table history, request access »

Beam (Energy Storage) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of hydrographic subsea services intended to serve the marine renewable and wider energy sectors. The company ut
Energy Storage
Bristol, United Kingdom
195 As of 2025

New York, NY
 

Washington, DC
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

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
To view Beam (Energy Storage)’s complete competitors history, request access »

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
To view Beam (Energy Storage)’s complete patent history, request access »

Beam (Energy Storage) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

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
You’re viewing 5 of 19 investors. Get the full list »

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
To view Beam (Energy Storage)’s complete acquisitions history, request access »

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.

  • What is the size of Beam (Energy Storage)?

    Beam (Energy Storage) has 195 total employees.

  • What industry is Beam (Energy Storage) in?

    Beam (Energy Storage)’s primary industry is Energy Storage.

  • Is Beam (Energy Storage) a private or public company?

    Beam (Energy Storage) is a Private company.

  • 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.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process