The verified answer
As of Aug 2026, DEPLOY verifies Square Robot: 1 model, 2 deployments across 2 regions, $20.5M raised. 1 source back the record.
CategoryMaritime
Overview
US robotics company specializing in autonomous submersible robots for in-service inspection of aboveground storage tanks. Its SR-3 platform performs API 653 and EEMUA 159-compliant internal tank inspections while tanks remain online, eliminating confined space entry. Founded in 2016 by former Bluefin Robotics executives in Massachusetts, Square Robot has inspected over 400 tanks globally for clients including ExxonMobil and Marathon Petroleum.
Verified record
- Verified deployments
- 2 deployments on file
- Active incidents
- None on file
Valuation of record
Company-claimedPriced roundOther post-money
Key facts
Robot
Technology
Customers
Stage
Focus
Competitors
Data & sources
Web sources
1
1 source backing this record.View all →
Models (1)
View all models →Partnerships
Every company Square Robot has built with, alongside the ones only announced in a press release.
Most-frequent partners
- 1Marathon Petroleum2× joint
- 2ExxonMobil1× joint
- 3Kraken Robotics1× joint2 total
- 4Kraken Sonar Inc.1× joint
Most recent
- Square Robot x Marathon Petroleum2025-12-15with Marathon Petroleumoperating
- Square Robot x ExxonMobil2021-06-21with ExxonMobiloperating
- Square Robot x Kraken Robotics2016-06-10with Kraken Roboticsoperating
- Square Robot x Kraken Sonar2016-06-10with Kraken Sonar Inc.operating
Square Robot on the deployment map
View the global map2 verified deployments across 2 regions, newest verified Jun 2021. Explore where Square Robot's robots are operating, by place and type.
View the full Square Robot deployment record →
Relationships
Current leadership (5)
- David Lamont Co-Founder & CEOsecondary-verified
- Jerome Vaganay Founder and CTOsecondary-verified
- Eric Levitt Co-foundersecondary-verified
- William O'Halloran Co-foundersecondary-verified
- David Therrien CFOsecondary-verified
Founders (4)
- David Lamontcofounder
- William O'Hallorancofounderno longer at company
- Eric Levittcofounderno longer at company
- Jerome Vaganaycofounderno longer at company
Safety record
No incidents on record for Square Robot.
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
Operator customers (1)
- Square Robot2 deployments
Recent coverage
Square Robot in third-party press
Peers
10 peers across 1 segment. Every Square Robot competitor derived from shared form-factor and application-domain edges.
auv(10)
9 companies in this segment · highly_concentrated (HHI 10000) · leader Shihang Intelligent at 10000%
- Armach Roboticsdirect competitor(inferred)strong
- CHASING Innovationdirect competitor(inferred)strong
- Forth Engineeringdirect competitor(inferred)strong
- Hullbotdirect competitor(inferred)strong
- Kongsberg Maritimedirect competitor(inferred)strong
- QYSEAdirect competitor(inferred)strong
Financial state
- Total funding
- $20.5M
- Reporting basis
- private_reported
- Lifecycle stage
- growth
- Counterparty risk class
- low
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Partnerships
4 total · 4 operating
Every company Square Robot has built with, alongside the ones only announced in a press release.
Most recent
- Square Robot x Marathon Petroleum2025-12-15with Marathon Petroleumoperating
- Square Robot x ExxonMobil2021-06-21with ExxonMobiloperating
- Square Robot x Kraken Robotics2016-06-10with Kraken Roboticsoperating
- Square Robot x Kraken Sonar2016-06-10with Kraken Sonar Inc.operating
Most-frequent partners
- 1Marathon Petroleum2× joint
- 2ExxonMobil1× joint
- 3Kraken Robotics1× joint2 total
- 4Kraken Sonar Inc.1× joint
All 4 partnerships
open in the atlas →- Square Robot x Marathon PetroleumwithMarathon Petroleum,Marathon Petroleuminvestment2025-12-15operating
- Square Robot x ExxonMobilwithExxonMobildevelopment2021-06-21operating
- manufacturing2016-06-10operating
- Square Robot x Kraken SonarwithKraken Sonar Inc.technology2016-06-10announcedoperating
Funding rounds (3)
Square Robot’s 2 disclosed rounds, $21M in total, oldest to newest.
- Other2025-12-23
$8M(reported) · $38M post
- Series B2024-12-04
$13M(reported) · $104M post
- Series A2023-09-25
Investors: Siemens Energy Ventures (lead)
Timeline
Every recorded move in Square Robot’s history, most recent first: funding rounds, partnerships, acquisitions, supply-chain starts, key hires, and press.
Funding roundOther funding round
2025-12-23Other raising $7500000
PartnershipSquare Robot x Marathon Petroleum
2025-12-15Marathon Petroleum participated in Square Robot Series B funding and collaborates on next-generation robotic platform design. Marathon deploys Square Robot fleet for tank inspections across its nationwide network of terminals and refineries.
Funding roundSeries B funding round
2024-12-04Series B raising $13000000
Funding roundSeries A funding round
2023-09-25Series A
PartnershipSquare Robot x ExxonMobil
2021-06-21Global agreement for Square Robot to deploy robotic tank inspection services across ExxonMobil facilities worldwide. Includes joint development program for next-generation submersible robots, with successful deployment at ExxonMobil Baton Rouge facility.
PartnershipSquare Robot x Kraken Sonar
2016-06-10Kraken Sonar and Square Robot signed a strategic partnership to design, develop, and supply innovative sensors and robotic systems for confined area inspection applications in the global oil and gas industry. Kraken became the exclusive manufacturing and product support partner.
PartnershipSquare Robot x Kraken Robotics
2016-06-10Strategic partnership for Kraken to design, manufacture and support advanced sensors and robotic systems for Square Robot. Kraken became exclusive manufacturing and product support partner and minority shareholder, with expected 70 units over 5 years.
Recent activity
Every change to this record is dated, sourced, and independently verified where marked.
- Record createdJun 24, 2026
Added to the verified registry
- Deployment verifiedVerifiedJun 21, 2021
SR-3 at United States
- Deployment verifiedVerifiedJun 21, 2021
SR-3 at Baton Rouge, Louisiana, USA
Sources (1)
Common questions
What is Square Robot?
What does Square Robot make?
Who competes with Square Robot?
Who is the CEO of Square Robot?
Where is Square Robot headquartered?
How much funding has Square Robot raised?
Where does Square Robot operate robots?
How many robots has Square Robot deployed?
Is Square Robot a top robotics company?
Is Square Robot safe?
Methodology: Verified · 1 source (no primary) · last reviewed 2026-08-21
Verification posture
Verified
Low confidence
Review state
Stable
Last reviewed 2026-08-21
Sources by quality tier
- 1
- unclassified
- Unclassified source
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for Square Robot.Peer companies
- Anduril Industries7 models
- BAE Systems3 models
- Blueye Robotics3 models
- Cellula Robotics3 models
- Kongsberg Maritime3 models
- Rekise Marine3 models
In the press
Recent coverage mentioning Square Robot from third-party publications. Automatically surfaced; not part of the verified registry record.
X Square Robot showcases full embodied AI portfolio at WRC 2026
X Square Robot is showcasing its full portfolio of embodied AI technologies at the World Robot Conference 2026 in Beijing, presenting applications ranging from logistics…
X Square Robot Set Its Benchmark at Figure AI's Number — Then Beat It by 45%
Shenzhen's X Square Robot sorted 1,816 parcels in one unedited hour with simple grippers. The target it set for itself — 1,248 — happens to be Figure AI's sustained hourly…
After Unitree's 60-Billion-Yuan IPO, China's Robot Companies Are Stuck Behind a New Pricing Anchor
Unitree's 150.80 yuan offer price and 60.99 billion yuan market cap reset the valuation yardstick for every Chinese humanoid robot company now queueing at A-share or Hong Kong…
A Robot That Learns from Short Videos in 29 Seconds — X Square Robot's HOST Changes the Embodied-AI Recipe
X Square Robot has open-sourced HOST, an inference-time learning framework that lets a humanoid robot watch a 29-second human demonstration and reproduce the skill at 62 percent…
Building a Foundation Stack for General-Purpose Robots
This article is brought to you by X Square Robot . Large language models gave artificial intelligence a working recipe. Pretrain a large model on broad data, and general…
X Square Robot brings its valuation to $2.8B with four consecutive funding rounds
X Square Robot Technology Co. closed four consecutive financing rounds culminating in a Series C, bringing its valuation to over $2.8 billion (RMB 20 billion) and positioning it…
X Square Robot Closes Four Consecutive Rounds, Hits $2.8B Valuation as It Powers Physical-AI Foundation Models
X Square Robot completes four successive funding rounds culminating in a Series C, reaching $2.8 billion valuation, becoming the only embodied AI company backed by all four of…
🦾 HardTech Reads: The AI & Robotics Revolution Vol.76
Japan launches $6.34B physical AI push with SoftBank, Sony, NEC, Honda on trillion-parameter model X Square Robot launches China's first home-cleaning robot U.S. lawmakers…
Square Robot Announces New Funding and Collaboration with Marathon Petroleum
Square Robot announced funding and collaboration with Marathon Petroleum Corp., combining investment in the Series B round with fleet deployment across Marathon's nationwide…
Houston robotics co. closes series B after year of growth
Square Robot closed a 13 million Series B round, its largest to date, to fund international expansion into Europe and the Middle East.
Square Robot Closes Series B Funding Round
Square Robot closed its Series B funding round in November 2024, its largest to date, to drive domestic and international expansion across Europe and the Middle East.
Square Robot and ExxonMobil Joint Development Program
Square Robot and ExxonMobil completed a Joint Development Program to design and deploy a submersible autonomous robot for in-service tank inspection, with successful deployment at…
Machine-readable surfaces
- Markdown mirror: /companies/square-robot.md
- RSS feed: /companies/square-robot/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/aa7b9445-a814-45c7-814c-85c2e828daa3
- Revision history: /companies/square-robot/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Peer companies
- Anduril Industries7 models
- BAE Systems3 models
- Blueye Robotics3 models
- Cellula Robotics3 models
- Kongsberg Maritime3 models
- Rekise Marine3 models
Video
Provided to YouTube by TuneCore Square Robot · Pinkfong Shape Songs ℗ 2017 Smart Study Co., Ltd. Released on: 2017-12-13 Auto-generated by YouTube.
Go inside a real in-service tank inspection in Houston with Square Robot's SR-1 autonomous submersible robot. Watch as the SR-1 navigates a full aboveground sto
Introducing the next generation of robotic tank inspection. The Square Robot SR-3 and its patented Side Launcher system represent a quantum leap in in-service a
Watch the Square Robot SR-3 — the world's most advanced in-service tank inspection robot — being assembled from the ground up. This time-lapse captures the prec
Square Robot, a leader in robotic tank inspection technology, announces its new Global Service and Training Facility in Houston. The facility highlights cutting
This video shows a submersible inspection robot performing an in-service water tank inspection using a top-launch deployment method. The inspection is completed
Reality vs attention
Square Robot draws attention at the 86th percentile but verifies reality at the 55th percentile among underwater robots. Hype Gap +31.9, 4th widest among underwater robots.
6-month trend
Analysis
Clean safety record across 2 verified deployments. Funded with institutional backing on record. Deployment footprint remains limited relative to category peers.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Aug 29, 2026