FOR IMMEDIATE RELEASE
Rothbridge Investments acquires 20% equity stake in Ocean 3D, boosting business expansion
[Cornwall, June 2023] – Ocean 3D Ltd, a leading company specialising in interactive 3D and geospatial tours based in Penzance, is thrilled to announce the successful acquisition of a 20% equity stake by Rothbridge Investments, a prominent boutique investment firm with a focus on technology and innovation. This strategic investment marks a pivotal moment for Ocean 3D as it seeks to propel its business growth and further establish itself as a leader in the industry.
Ocean 3D has gained widespread recognition for its innovative solutions, offering immersive and interactive 3D experiences and geospatial tours. Through its innovative marketing and accessibility solutions, the company has transformed the way people explore and interact with various environments, and sectors including retail, travel, healthcare, cultural/ heritage sites, and educational institutions.
The partnership with Rothbridge Investments signifies a significant milestone for Ocean 3D. The infusion of strategic support from Rothbridge Investments will enable Ocean 3D to enhance its technological capabilities, expand its product offerings, and solidify its position as a global leader in interactive 3D and geospatial tours.
“We are delighted to join forces with Ocean 3D,” said Ben Treleaven, Investment Director at Rothbridge. “The company’s pioneering technology and its commitment to delivering exceptional user experiences have impressed us. Through our financial backing and strategic guidance, we aim to accelerate Ocean 3D’s growth trajectory and unlock new opportunities in the market.”
Chris Wood, CEO of Ocean 3D, expressed excitement about the partnership with Rothbridge Investments and the immense growth potential it brings. “This collaboration is a significant step forward for Ocean 3D. Rothbridge Investments’ vast experience in the technology sector, coupled with their global network and financial strength, will be instrumental in propelling our company’s success. With their support, we can accelerate product development, expand our market reach, and provide even greater value and innovation to our customers.”
Ocean 3D’s advanced technology has already captivated a diverse range of industries. Its interactive 3D and geospatial tours offer engaging and immersive experiences, allowing users to explore and interact with virtual environments in a realistic and informative manner on their smartphones, tablets or desktops. Cloud based, with no app to download, the tours also work with Metas’ Oculus headset but, no headset is required to access any of Ocean 3Ds’ tours.
The collaboration between Rothbridge Investments and Ocean 3D is anticipated to create coactions that will benefit both organisations. As a forward-thinking private equity firm, Rothbridge Investments seeks out and invests in innovative companies capable of disrupting their respective industries. By investing in Ocean 3D, Rothbridge Investments demonstrates its commitment to supporting technological innovation and fostering sustainable growth.
About Rothbridge Investments:
Rothbridge Investments is a boutique investment firm specializing in technology and innovation investments. With a proven track record of successful investments in emerging and high-growth companies, Rothbridge Investments provides capital, strategic guidance, and operational expertise to fuel the growth and success of its portfolio companies.
About Ocean 3D:
Ocean 3D is a pioneering company based in Penzance that specialises in interactive 3D and geospatial tours. Ocean 3D empowers its clients to showcase their spaces, promote tourism destinations, preserve cultural heritage, and educate audiences through its state-of-the-art technology. Oceans’ passion is the use of the easy-to-use tech’ to help people with hidden conditions or disabilities to journey and destination plan prior to visiting a new or unfamiliar location. The solution delivers a range of tangible measurable benefits to both clients and end-users.
ENDS