16 Jan 2020 /

Established in 2015, Rovco is a disruptive subsea surveying company, changing the way underwater work is performed and pushing the boundaries of subsea technology. Investing heavily in the development of an artificial intelligence (AI) driven data platform and live 3D vision systems for subsea robotics, Rovco has the resources and expertise to deliver challenging projects across the globe delivering the highest quality data.​

The Company has developed its SubSLAM technology to improve the data collection of underwater vehicles undertaking the difficult task of subsea infrastructure inspection, aiming ultimately to make the piloting of such vehicles fully autonomous. More efficient survey processes for offshore infrastructure inspections offer huge potential for reducing the size of crews and time needed on vessels out at sea. The innovation represents a more cost-effective, environmentally friendly, time-efficient and safer future for the industry.

Rovco has already received a strong reception from companies operating in the areas of offshore wind and oil and gas, and the technology has the scope for application far beyond subsea and offshore operations.

Foresight’s investment will support the growth of the Company’s commercial and operational capabilities, leveraging existing relationships to expand globally. Williams Advanced Engineering and Rovco have already identified several opportunities to collaborate on enhancements to Rovco’s SubSLAM camera system.

"Luminii Consulting is delighted to have supported Foresight and Williams on this transaction. This deal helps to further strengthen our credentials in the technology and B2B/industrials sectors, having completed several projects within the space last year both in the UK and USA. With the funds, Rovco will be able to accelerate growth in a market that has been extremely receptive to computer vision and AI technology. We wish Foresight, Williams and Rovco's management team continued success for the future." - Lushani Kodituwakku, Managing Director, Luminii Consulting

For further information on this deal, or on Luminii Consulting in general, please contact Lushani Kodituwakku on 0203 105 0569 or This email address is being protected from spambots. You need JavaScript enabled to view it.

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