FundedIQ
Hardware

Hullbot: Funding, Investors & Team (Sep 2026)

Hullbot is a company that creates a robotic system for cleaning boat hulls underwater. This system doesn't require a human operator and is designed to inspect, map, and clean the hulls autonomously. Hullbot provides services for design, development, and deployment of autonomous drones that prevent marine organism growth, enhance performance, and prolong the interval between haul-outs. The robots are equipped with advanced intelligence that allows them to adapt to the surroundings in real-time.

hullbot.com LinkedIn Rozelle, Australia 11-50 employees
Industrial Manufacturing Machinery Manufacturing Manufacturing Robotics B2B
Total raised
$16.0M
Rounds
2
Latest
Series A
Nov 2025

Hullbot has raised $16.0M across 2 funding rounds on record, the most recent a Series A of $16.0M announced in Nov 2025.

That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

Hullbot Company Profile and Key Stats

Total funding raised
$16.0M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Series A
$16.0M in Nov 2025
Employees
11-50
reported band
Headquarters
Rozelle, Australia

Latest funding round on record: Nov 2025.

Hullbot Funding Rounds

Date
Round
Amount
Series A
$16.0M
Undisclosed round
Undisclosed

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Hullbot announced an undisclosed round in Oct 2023; the amount was not disclosed.

2.1 years later, a Series A of $16.0M was announced in Nov 2025.

Hullbot Founders and Leadership Team

Name
Role
Contact
Karl Watfern
Founder
Locked
Tom Loefler
CEO
Locked

Contact details for the Hullbot team: 2 of 2 have an email address on file.

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Hullbot Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
1,156
$4.0M
8,352
$15M

Hullbot's latest round of $16.0M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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Hullbot Funding FAQs

What does Hullbot do?

Hullbot is a company that creates a robotic system for cleaning boat hulls underwater. This system doesn't require a human operator and is designed to inspect, map, and clean the hulls autonomously. Hullbot provides services for design, development, and deployment of autonomous drones that prevent marine organism growth, enhance performance, and prolong the interval between haul-outs. The robots are equipped with advanced intelligence that allows them to adapt to the surroundings in real-time.

How much funding has Hullbot raised?

Hullbot has raised $16.0M across 2 rounds on record. The most recent is a Series A of $16.0M announced in Nov 2025.

When did Hullbot last raise funding?

Hullbot's most recent funding round on record is a Series A of $16.0M, announced in Nov 2025.

Who founded Hullbot?

FundedIQ lists Karl Watfern (Founder) at Hullbot.

Who is the CEO of Hullbot?

Tom Loefler is listed as CEO at Hullbot.

Where is Hullbot headquartered?

Hullbot is based in Rozelle, New South Wales, Australia.

How many employees does Hullbot have?

Hullbot is in the 11-50 employee band.

How does Hullbot's funding compare to other Hardware startups?

Hullbot's latest round of $16.0M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's Hullbot Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Hullbot is left off this page rather than filled in.

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