United States · Civil engineering startup

Petra

Petra is an integrated innovation and construction services company focused on underground utility construction.

Funding reportedLast round: Undisclosed round

Civil engineeringSan Francisco, United States

About Petra

Petra is an integrated innovation and construction services company focused on underground utility construction.

It aims to enhance community safety by utilizing trenchless technologies to bury utilities in challenging geologies, such as hard rock and water-logged soils. Petra is the first company dedicated solely to this field, offering a unique approach that combines research, manufacturing, and services to deliver efficient and cost-effective solutions. The company's flagship product, the Petra Platform, is a hybrid-powered trenchless multi-tool designed to bore through various ground conditions. It features all-geology capability, thermal shock technology, and a modular design that allows for flexibility in construction projects. Petra's services encompass the entire lifecycle of underground utility projects, ensuring minimal disruption to communities and the environment while managing large-scale infrastructure initiatives. Petra targets large-scale infrastructure developers, government entities, and international engineering contractors, providing innovative solutions that address the complexities of underground construction. Its commitment to de-risking projects and preserving surface areas positions Petra as a leader in the trenchless technology sector.

What company datasets say Petra raised

Funding, as reported

Reported in all$33Min dollars
Rounds3
Last roundUndisclosed round
Last round size$30M
Last round dateJun 2022
Investors listed9

On 2 portfolio pages

Investors who name them

Each firm lists Petra 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

safety features in trenchless machinesmanufacturingconstruction & real estateutilitiesboulder and cobblestone boringgreen trenchlessconstructionhybrid power system for tunnelingbore in nightmare geologiescost-effective undergroundingtrenchless technologynon-contact tunneling robotcost reduction in underground constructionbore through liquefaction zonespipe jackingmodular trenchless technology

Built with from their website

AtlassianGoogle WorkspaceCloudFlareWebflow HostingApple Business ManagerGoogle MeetCloudFlare CDNGreenhouseCloudflare DNSZoom Meetings

+4 more

Amazon AWSGoogle Search ConsoleApple School ManagerGmail

Sector
Civil engineering
Industry code
NAICS 237110, 333248, SIC 1799, 1623, 3531
Region
California
Full record
Every detail in the company directory

Civil engineering in United States

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