BeeX - About the company
BeeX is a seed company based in Singapore (Singapore), founded in 2018 by Goh Eng Wei and Grace Chia. It operates as a Developer of unmanned underwater vehicles and surface vessels. BeeX has raised $2M in funding from investors like Cap Vista, ShipsFocus and Earth Venture Capital. The company has 235 active competitors, including 48 funded and 21 that have exited. Its top competitors include companies like Planys Technologies, EyeROV and Bedrock.
Company Details
Developer of unmanned underwater vehicles and surface vessels. Its features include hover, robotic and autonomous marine capabilities for underwater inspections. It integrates with a software platform so that owners and service providers can collaborate on inspections.
- Website
- beex.sg
Key Metrics
Founded Year
2018
Location
Singapore, Singapore
Stage
Seed
Total Funding
$2M in 4 rounds
Latest Funding Round
Ranked
25th among 235 active competitors
Annual Revenue
831K SGD as on Sep 30, 2022
Employee Count
9 as on Jul 01, 2024
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Legal entities associated with BeeX
BeeX is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BEEX PTE. LTD. CIN: 201834961K , Singapore, Active | Oct 11, 2018 | $606K (As on Sep 30, 2022) | - |
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BeeX's funding and investors
BeeX has raised a total funding of $2M over 4 rounds. Its first funding round was on Nov 17, 2020. Its latest funding round was a Seed round on Nov 15, 2023 for $*****. 5 investors participated in its latest round. BeeX has 12 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of BeeX:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 15, 2023 | 9108698 | Seed | 7399898 | 7130695 | 9726197 | 4258905 |
Jul 19, 2022 | 8241685 | Grant (prize money) | 4430044 | 7891785 | 7211052 | |
Nov 02, 2021 | 9301956 | Seed | 1657865 | 3635058 |
View details of BeeX's funding rounds and investors
BeeX's founders and board of directors
Founder? Claim ProfileHere are the details of BeeX's key team members:
- Goh Eng Wei: Co-Founder & CTO of BeeX. They serve on the board of 1 company.
- Grace Chia: Co-Founder & CEO of BeeX. Contact Info: 1 email address
BeeX's Board of Directors
BeeX's board has 2 active members. Goh Eng Wei is part of team and Chia Chai Ling is independent board member.Here is the list of BeeX's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 5m | |
Independent board member | - | Current | 7y 5m |
View details of BeeX's Founder profiles and Board Members
BeeX's employee count trend
BeeX has 9 employees as of Jul 24. Here is BeeX's employee count trend over the years:
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BeeX's Competitors and alternates
Top competitors of BeeX include Planys Technologies, EyeROV and Bedrock. Here is the list of Top 10 competitors of BeeX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Planys Technologies 2015, Chennai (India), Series B | Provider of marine underwater robotics inspection platform | $21.4M | 67/100 | |
2nd | Provider of autonomous underwater vehicles and data analytics platform services | $3.44M | 63/100 | ||
3rd | Bedrock 2019, Brooklyn (United States), Series A | Operator of autonomous underwater vehicles providing high-resolution seafloor data services | $62.9M | 62/100 | |
4th | Neptune Robotics 2019, Singapore (Singapore), Series B | Provider of robotic hull cleaning, inspection, and maintenance services | $69.4M | 62/100 | |
5th | Kraken Robotics 2008, Paradise Cove (Canada), Public | Provider of unmanned maritime vehicles | - | 58/100 | |
6th | Seasats 2020, San Diego (United States), Series A | Manufacturer of unmanned surface vehicles for sea inspection | $50.1M | 57/100 | |
7th | Rovco 2015, Bristol (United Kingdom), Deadpooled | Provider of AI-driven ROVs and services for inspection of ships | $38.5M | 56/100 | |
8th | Terradepth 2018, Austin (United States), Series B | Provider of autonomous subsea intelligence platform delivering actionable ocean data | $28M | 56/100 | |
9th | Vatn Systems 2023, Portsmouth (United States), Series A | Developer of autonomous underwater vehicles | $76.5M | 54/100 | |
10th | Manufacturer of unmanned surface vessels for cleaning and leisure applications | $50.3M | 53/100 | ||
25th | Developer of unmanned underwater vehicles and surface vessels | $2M | 45/100 |
Looking for more details on BeeX's competitors? Click here to see the top ones
BeeX's Investments and acquisitions
BeeX has made no investments or acquisitions yet.
News related to BeeX
•
Singapore’s BeeX raises $2M in funding led by Earth Venture Capital, ShipsFocus VenturesTechNode•Nov 15, 2023•BeeX, Infinita, NUS Technology, SEEDS Capital and 2 others
•
Consortium gets grant funding for autonomous offshore wind ...Offshore Magazine•Feb 15, 2023•Ukri, Enterprise Singapore, Sulmara, BeeX
•
Low-Carbon Wind Farm Integrity Monitoring Solution Gets Financial PushOffshore WIND•Feb 15, 2023•BeeX, Sulmara, University of Strathclyde
•
Next-gen underwater vehicle hits the water at German offshore wind farmOffshore Energy•Sep 26, 2022•Nordsee One, BeeX, Subsea Europe
•
Two local startups receive grants to develop sustainable energy solutionsSingapore Business Review•Jul 19, 2022•BeeX, SunGreenH2, Shell
•
IMC Ventures Makes Maiden Investment Into BeeXSMEStreet.in•Nov 03, 2021•IMC Ventures, BeeX, Cap Vista, ShipsFocus and 4 others
•
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