United Kingdom · Oil & energy startup

Inductosense

Inductosense Ltd. is a UK-based technology company founded in 2015 and headquartered in Bristol.

Funding reportedLast round: Venture (Round not Specified)

Oil & energyBristol, United Kingdom

About Inductosense

Inductosense Ltd. is a UK-based technology company founded in 2015 and headquartered in Bristol.

The company specializes in ultrasonic sensor technology for non-destructive testing (NDT) and monitoring internal corrosion and erosion in industrial structures. It originated as a spin-out from the University of Bristol's Ultrasonics and Non-Destructive Testing Group and has developed the patented WAND (Wireless and Non-Destructive) solution for asset integrity management. Inductosense provides comprehensive services that include internal corrosion and erosion monitoring, non-destructive testing, remote data acquisition, and digital trend analysis. Their core product, the WAND system, features passive, battery-free sensors that allow for efficient wall thickness measurement and remote monitoring. The company serves various sectors, including oil and gas, refineries, power generation, and chemical processing, focusing on enhancing safety, reducing costs, and facilitating digital transformation in asset management. Inductosense has received recognition for its innovative contributions to corrosion monitoring technology and has raised significant funding to support its growth.

What company datasets say Inductosense raised

Funding, as reported

Reported in all12.6Min the source's currency
Rounds5
Last roundVenture (Round not Specified)
Last round size10M
Last round dateApr 2023
Investors listed5

Funding filed with regulators

Inductosense filed 2 raises, $7.7M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Mar 2023$5.5MUK share allotment
  2. Aug 2021$2.2MUK share allotment

Founders and team

From Inductosense's own website: 1 founder, 17 on the team.

Professor Anthony CroxfordCSO & Founder
  • Dr. Matt ButcherCEO
  • Dr. Abdenaceur AbdouniHead of Sales
  • Erik FabreHead of R&D Projects
  • Ian StokesHead of Technical Strategy
  • Joanne LapitHead of Project Delivery
  • Bradley PorrittDeputy Project Manager
  • Chris BrillChairman
  • David SimSenior Training and Field Support Engineer
  • Dr. Stefano CuomoR&D Engineer
  • Dr. Tim CoopePartnerships & Business Development Manager
  • Jodie CreanMarketing Manager
  • Kim IronsideCommercial Director
  • Shani LuIOT Manager
  • Shaun CairnsEngineering Director
  • Tristan NashField Support & Training Engineer
  • Will BarnesTechnical Account Manager
  • Yan Yi LeeTechnical Account Manager

On a portfolio page

Investors who name them

Each firm lists Inductosense on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

hardwareoil and gasdistributionmanufacturingpermanent sensorscloud-based monitoringinformation technology & servicessensor attachment adhesivesbattery-free ultrasonic sensorsenvironmental servicescorrosion detection in hazardous environmentsoil & energycorrosion monitoringsensorsnon-destructive testingoperational efficiency

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Sector
Oil & energy
Industry code
NAICS 33911, 334519, 333248, SIC 3829
Region
England
Revenue
3.2M a year, as listed

Oil & energy in United Kingdom

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