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GasSecure
GasSecure
Company

Last deal

—

Amount

Venture - Series Unknown

Stage

01.03.2011

Date

2

all rounds

date founded

Financing round

General

About Company
GasSecure is a company that develops wireless infrared hydrocarbon gas detectors for industrial applications.

Industry

Sector :

Subsector :

founded date

01.01.2008

founders

Number of employees

11-50

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The GasSecure GS01 wireless hydrocarbon detectors are designed for fixed installation and operate in an ISA100 wireless network, with no need for calibration and ultra-low power consumption, resulting in massive potential project cost reductions of 60~80% compared to fixed wired devices.
Contacts

location

Oslo, Norway

Phone number

Website URL

http://gassecure.com/

Social url

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M&A Details
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Transaction name

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Acquired by

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Dräger

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announced date

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price

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Local Amount - NOK 500M

Financials

Funding Rounds
2
2

Number of Funding Rounds

Their latest funding was raised on 01.03.2011. Their latest investor ProVenture. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.03.2011
Venture - Series Unknown
1
—
Investinor
Investinor
04.12.2009
Seed
2
—
ProVenture
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SINTEF Venture AS
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Investinor is a Norwegian venture capital firm with $500m in assets.

Sector

Closed End Investments

Subsector

Closed End Investments

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Financial Services, Venture Capital, Finance

Location

Trondheim, Norway

count Of Investments

115

count Of Exists

13
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Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

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Co-Investors
Investors
3
3

Number of lead investors

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Number of investors

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Round 
Partners 
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Seed
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Venture - Series Unknown
—
ProVenture

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Sector

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Subsector

Asset Managers and Custodians

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Thor Egil Five

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Investor representative Proventure Seed. Partner ProVenture Management. Formerly Administrative Director Statoil Innovation AS, Emgs, Voxelvision, Marine Cybernetics, Resman, Gasoptics, ProAnalysis, NumericalRocks, Statoil R&D, Plan and Economy NPC, KME.

current job

ProVenture
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SINTEF Venture AS

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SINTEF TTO & Venture invests in spin-off companies from research institutions in Norway.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Trondheim, Norway

count Of Investments

29

count Of Exists

3
Investinor

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Investinor is a Norwegian venture capital firm with $500m in assets.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

Trondheim, Norway

count Of Investments

115

count Of Exists

13

People

Founders
2

Knut Sandven

Knut Sandven is the COO of Heimdall Power. Knut Sandven attended Norwegian University of Science and Technology (NTNU).

current job

Heimdall Power
Heimdall Power

organization founded

1
Knut Sandven

Knut Sandven

Hakon Sagberg

current job

GasSecure
GasSecure

organization founded

1
Hakon Sagberg

Hakon Sagberg

Employee Profiles
4
Thor Christian Hobaek
Thor Christian Hobaek

Thor Christian Hobaek

Research and Development Engineer

Research and Development Engineer

Jorgen Svare
Jorgen Svare

Jorgen Svare

Head of Operations and Global BDM Wireless Gas Detection

Head of Operations and Global BDM Wireless Gas Detection

Hakon Sagberg

Hakon Sagberg

Director, Research & Development & Co-Founder

Director, Research & Development & Co-Founder

Knut Sandven

Knut Sandven

Chief Executive Officer & Co-Founder

Chief Executive Officer & Co-Founder

Activity

Recent News
0