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Energy Tech Series B Founded 2007

Hifi

Provider of fiber optic sensing for infrastructure integrity and monitoring. The company’s technology offers turnkey sensing systems with data analytics and monitoring support. It delivers engineering, installation, validation, and reporting services. The company’s high-fidelity distributed sensing platform detects leaks in pipelines. It provides real-time monitoring solutions using fiber optic cables and machine…

📍 Calgary, Canada · Oil & Gas Tech,

Funding snapshot

Last roundSeries B
Amount$10M
Date8 July 2019
Total raised$16M
Team size104

About

Provider of fiber optic sensing for infrastructure integrity and monitoring. The company’s technology offers turnkey sensing systems with data analytics and monitoring support. It delivers engineering, installation, validation, and reporting services. The company’s high-fidelity distributed sensing platform detects leaks in pipelines. It provides real-time monitoring solutions using fiber optic cables and machine learning algorithms. The company operates in the Oil & Gas Tech sector with additional focus on Sensors and IoT Applications. Its business model centers on Pipeline Monitoring. Founded in 2007, headquartered in Calgary, Canada. The company has raised $16.5M at the Series B stage. Backed by investors including Cenovus, Enbridge, BDC, Sustainable Development Technology Canada.

Business model

Oil & Gas Tech > Midstream > Transportation > Pipelines > Pipeline Monitoring,

Sensors > Industry Applications > Smart Infrastructure > Structural Health > Fiber-optic

Institutional investors

Cenovus Enbridge Sustainable Development Technology Canada

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