BGF has announced an $18.9 million (£15 million) investment in Sulmara, a provider of survey and inspection services to the offshore wind and energy markets.
Sulmara specialises in site investigation, construction support, subsea survey, and inspection across the offshore energy and utilities sectors. BGF’s investment will support Sulmara’s continued growth trajectory, including further investment in new technologies such as uncrewed surface vessels (USVs), autonomous underwater vehicles (AUVs), next-generation geophysical sensors, and advanced data products.
BGF was set up in 2011 and has invested £3.9 billion in over 550 companies. As part of BGF’s investment, Richard Pugh (Investor at BGF) and Davis Larssen will join the board of Sulmara as Non-Executive Directors.
