HonuWorx secures a seven-figure investment led by TRICAPITAL Angels to develop underwater robotics.
TRICAPITAL Angels led the round alongside Scottish Enterprise and UKI2S to support the firm's subsea technology.
HonuWorx develops autonomous electric submarine fleets designed to reduce emissions and costs in offshore repair and inspection. Based in Aberdeen, the firm focuses on applications across the energy and security sectors.
HonuWorx has secured a seven-figure investment from TRICAPITAL Angels, Scottish Enterprise, and UKI2S to advance its underwater robotics technology. The Aberdeen-based firm develops all-electric, autonomous submarine systems designed to lower emissions and operating costs for offshore energy and security operations. TRICAPITAL Angels led the financing round, which precedes a larger anticipated capital raise later this year. The company intends to scale its workforce significantly and pursue further funding to support its international market objectives.
From the founder
"We look forward to working with TRICAPITAL and Scottish Enterprise and to have the continued backing of UKI2S in our journey to change the game for underwater robotics."
Lee Wilson
Chief Executive at HonuWorx
Investor perspective
"TRICAPITAL invests in innovative Scottish companies with the potential to scale rapidly and globally."
Moray Martin
Chief Executive Officer, TRICAPITAL Angels
Use of funds
- 01Grow the team
- 02Expand into international markets
