Tech Company Financing Transactions
Kuva Systems Funding Round
Prairies Economic Development Canada (PrairiesCan) participated in a $8.7 million funding round for Kuva Systems. The round was announced on 7/10/2024.
Transaction Overview
Company Name
Announced On
7/10/2024
Transaction Type
Venture Equity
Amount
$8,700,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to expand its marketing, operations and product development initiatives to grow market share of its automated, image-based continuous methane monitoring solution.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
1035 Cambridge St. 10A
Cambridge, MA 02141
USA
Cambridge, MA 02141
USA
Phone
Email Address
Overview
Our industrial IoT platform provides a fully automated, image-based, continuous methane monitoring and quantification solution. It enables upstream and midstream oil and gas companies to improve their operations and meet ESG and methane intensity goals. We developed a low-cost camera that pinpoints methane release locations and quantifies flow rates based on minute-by-minute measurements.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stefan Bokaemper
Chief Financial Officer
Kynan Larson
Chief Operating Officer
Thomas McArthur
Chief Technical Officer
Jason Bylsma
Vice President
Allan Vaitses
VP - Bus. Development
Monica Sippola
VP - Bus. Development
Robert Ward
VP - Engineering
Sean Weiss
VP - Manufacturing
Terry Jones
VP - Product Management
Carlos Santamaria
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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