Industry Manufacturing companies
CountryNetherlands
Region Not location-dependent
Verified by Brookz
The business has already been sold and therefore you can no longer comment on this profile.
This is a Dutch scale-up operating worldwide in the oil extraction/drilling industry. The business, with customers such as Saudi Aramco, Shell, Apache and Neptune Energy, started in 2016 to license its own developed, unique and patented drilling technology in combination with the rental of associated drill heads, enabling operators to drill more efficiently resulting in reduced costs, risk and damage.
Amount of investment
To finance increased demand and future projects, the business is seeking investment/financing of €1.2 million.
Plans
The business will use the funds to invest in additional drill heads for hire to meet current demand. In addition, the investment will be used for expansion into different regions, recruitment of new customers, continuous R&D and expansion of data analysis software.
Industry Manufacturing companies
CountryNetherlands
Region Not location-dependent
Verified by Brookz
The business has already been sold and therefore you can no longer comment on this profile.
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