Bristol-based Rovco (a UK Subsea company) (www.rovco.com) has secured a six-figure investment from Sustainable Ventures to help accelerate its growth plans.

The funding will help the company to enhance its range of subsea AI and 3-D services to try to capture a larger share of the global offshore survey market.

Rovco chief executive Brian Allen (pictured) said: “This initial investment, coupled with better access to further capital, will enable us to expand our ‘state of the art’ services and meet the needs and demands of the industries in which we operate.

“We are in a strong position to eventually capture at least 10% of the sub-sea inspection market, and we are already working with key players in the industry.”