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Recently Funded|Amount: USD 250.0K|Industry: Oil and Gas

Total Marine Technology Secures $250,000 in Funding for Innovative Subsea Solutions

Total Marine Technology

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51-200 employees employees (Est.)
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Total Marine Technology (TMT) is thrilled to announce the successful completion of a $250,000 funding round, a testament to the growing interest in our innovative solutions for the global offshore drilling and production industry. Founded in 1999 and based in Perth, Western Australia, TMT is proud to be the only manufacturer of work-class Remotely Operated Vehicles (ROVs) in Australia. Our commitment to engineering excellence is unwavering; we strive to deliver top-quality, Australian-made subsea tooling and survey solutions that address the challenging needs of our clients. This latest funding will be instrumental in expanding our research and development efforts, particularly in enhancing our ROV technology and subsea design capabilities. With a dedicated team of over 110 professionals from 25 diverse cultural backgrounds, we are not only enriching our workplace but also drawing on a wealth of global expertise to drive innovation. Throughout our journey, TMT has garnered a series of industry awards, including the prestigious C.Y O’Connor Award for Excellence in Engineering & Technology, further solidifying our reputation for excellence. This funding will enable us to continue our mission of providing state-of-the-art products and services that can withstand the rigorous demands of offshore projects. As we look to the future, we remain committed to developing pioneering solutions that set industry standards and meet the evolving needs of our clients worldwide. Thank you to our investors for believing in our vision; together, we are ready to embark on the next chapter of innovation in subsea technology.
October 30, 2024

Buying Signals & Intent

Our AI suggests Total Marine Technology may be interested in solutions related to:

  • Oil & Gas
  • Mining
  • Defense
  • Well Services
  • ROV Technologies

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