We’re proud to share that Kongsberg Ferrotech has secured a EUR 12 million (~NOK 140 million) seed financing round, led by the NATO Innovation Fund (NIF) alongside Investinor. This investment marks a major milestone in the company’s journey to deliver cutting-edge subsea robotics solutions that enhance global infrastructure resilience and security.
“Kongsberg Ferrotech has spent the last decade developing a world-class robotic platform for critical underwater infrastructure. This funding confirms that their technology is not only commercially viable but also strategically important on a global scale,” says Svein-Olav Torø, CEO of Kongsberg Innovation.
The investment supports the scaling of Kongsberg Ferrotech’s unique underwater robotic ‘dry habitat’ system, asolution that allows for in-situ inspection, maintenance, and repair of subsea assets without the need for drydocking or human divers. Already operational inthe Middle East, the system presents a disruptive alternative for managing aging infrastructure such as pipelines, cables, and vessels.
According to the NIF, the investment alignswith their mission to advance dual-use technologies that contribute to both defense and civilian resilience. In the words of Ben Balmforth, Senior Associate at NIF:
“Kongsberg Ferrotech’s autonomous robotic systems for subsea infrastructure maintenance are a game changer. We see huge potential for this technology in helping NATO allies extend the life of naval assets and increase resilience of critical subsea infrastructure.”
Founded in 2014, Kongsberg Ferrotech originated in collaboration with Luis de la Torre, the company’s founderand CEO. Since its inception, Kongsberg Innovation has been a close partner and long-term shareholder, supporting the company through key development phases.
This latest milestone demonstrates the potential of deep-tech companies rooted in the Kongsberg ecosystem to scale internationally and solve critical global challenges. Kongsberg Innovation remains a committed shareholder and supporter as Kongsberg Ferrotech moves into its next phase of growth.
