HomeUSASeekOps Raises Series A-1 Venture Capital Funding

SeekOps Raises Series A-1 Venture Capital Funding

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seekopsSeekOps Inc., an Austin, TX-based company which develops and fields advanced sensor technology to detect, localize, and quantify natural gas emissions through integrated drone-based systems, secured funding from two strategic investors as part of its Series A-1 fundraising.

These investors include the OGCI Climate Investments fund (OCGI CI), and Equinor Technology Ventures (ETV), the venture arm of Norwegian multinational energy company Equinor.

The company intends to use the funds to scale its energy sector emissions inspection solutions.

Formed in 2017 as a technology spinoff from NASA’s Jet Propulsion Laboratory and led by According to CEO Andrew Aubrey, SeekOps manufactures miniature gas sensors, called SeekIR®, and integrates them onto drones to provide capabilities for emissions detection, localization, and quantification. Using their proprietary technology solution, the company enables comprehensive emissions inspection in a fraction of the time required by traditional ground surveys, resulting in cost savings for operators.

SeekOps currently offers energy sector drone services using its gas-sensing capabilities in the upstream and downstream oil and gas markets. In addition to current field services, the company’s growth plans for 2020 will focus on product sales and real-time data reporting. The SeekIR product line will include handheld and vehicle-mount sensors to increase emissions measurement and reporting standards across the industry for environment, health, and safety.

FinSMEs

09/09/2019