Funding Details
- Awarder
- StartEngine
- Date Award
- February 07, 2023
- Vertical
- Sensor Technology
- Funding URL
- View Funding Page
- Premoney Valuation
-
$18,590,000
- Valuation
-
$18,590,000
Company Info
- Founding Year
- 2023
- Traction
- MicroSilicon has $1.6M in paid pilot projects with several of the world's top oil producers, with another $1M in their pipeline. They have won awards and grants for their innovative work.
- Revenue Amount
-
$1,600,000
- Organizations Involved
- Abu Dhabi National Oil Company (ADNOC)
- Founders
- Omar Kulbrandstad, Aydin Babakhani, Ben Vershcuere
- Company Description
- MicroSilicon has developed a digital flow assurance platform to bring more sustainable operations to traditional oil and gas production by improving the operational efficiency of chemical use and dosage for oil extraction. Their patented technology leverages quantum chemistry, AI, and machine learning to significantly reduce costs, waste, and the associated carbon footprint.
- Market
- Oil and Gas
- Location
-
Houston,
TX,
US
- Coinvestors
- None
Links