Last deal

$3.8M
Local Amount - GBP 5M

Amount

Series B

Stage

30.07.2024

Date

8

all rounds

$10M

Total amount

General

About Company
CorrosionRADAR uses cutting edge technologies to enable predictive corrosion management for Industry 4.0.

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founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The company develops remote sensing technologies that monitor corrosion and use advanced analytics to quantify the severity of corrosion and moisture, as well as detect and locate corrosion in inhospitable and inaccessible environments. CorrosionRADAR's focus is on predicting hidden asset integrity threats, such as Corrosion Under Insulation (CUI), that can cause catastrophic failures and significant downtime to the industry. The company strives to be a global leader in remote sensing technologies and advanced analytics for smart infrastructures, providing clients with safe, reliable, and cost-effective maintenance and inspection programs.
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