Legal & General and Equinor Ventures led a £15m Series B funding round in Rovco.

Legal & General, a financial services group, and Equinor Ventures, a venture capital, led a £15m Series B funding round in Rovco. “Our clean energy platform continues to grow, entering new sectors and supporting the growth of innovative new technologies. Rovco and Vaarst are exciting companies which will help further support the global energy transition by supporting the long term integrity of maritime assets, reducing costs, improving safety and speeding up processes. We are excited by their huge potential internationally and the synergies this could bring as we look to the international expansion of our investment in renewable infrastructure such as offshore wind,” John Bromley, Legal & General Capital Head of Clean Energy.