Company Profiles

driven by the PitchBook Platform

Ace Oil Tools

Description

Developer of stop collars for the oil and gas industry. The company develops stop collars without a draw-bolt to provide axial and radial force grip for the casing.

2012

Founded

PRIVATE

Status

1-10

Employees

Early Stage VC

Latest Deal Type

$1.58M

Latest Deal Amount

$1.58M

Total Amount Raised

Description

Developer of stop collars for the oil and gas industry. The company develops stop collars without a draw-bolt to provide axial and radial force grip for the casing.

Website:

www.aceoiltools.no

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Oil and Gas Equipment

Other Industries

Other Equipment

Primary Office

Mekjarvik 14 4070 RandabergNorway +47 98 21 25 20
Request a free trial to the PitchBook Platform
You're viewing a free company profile from the PitchBook Platform. To explore Ace Oil Tools's full profile, request a free trial.

Ace Oil Tools Valuation and Funding

Request access
Deal TypeDateAmountRaised to DatePost-ValStatusStage

Ace Oil Tools Investors (2)

Request access
Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
InvestinorVenture CapitalMinority000 0000000 0000
ProVenture SeedVenture CapitalMinority000 0000000 0000
Investinor Venture Capital
ProVenture Seed Venture Capital

Ace Oil Tools Executive Team (5)

NameTitleBoard
Seat
Contact
Info
Lasse HetlandChief Executive Officer
Morten KlausenChief Technology Officer
Ken SteineCo-Founder, Board Member & Manager, Business Development
Bjarte RøsslandManager, Operations
Joachim ÅkessonManager, Sales
Lasse Hetland Chief Executive Officer
Morten Klausen Chief Technology Officer
Ken Steine Co-Founder, Board Member & Manager, Business Development
Bjarte Røssland Manager, Operations
Joachim Åkesson Manager, Sales

Ace Oil Tools Board Members (4)

NameRepresentingRoleSinceContact
Info
Frank Lie SchieldropAce Oil ToolsChairman000 0000
Jan Morten ErtsaasInvestinorInvestment Director000 0000
Ken SteineAce Oil ToolsCo-Founder, Board Member & Manager, Business Development000 0000
Terje Eidesmo Ph.DProVenture SeedManaging Partner000 0000
Frank Lie Schieldrop Chairman Ace Oil Tools
Jan Morten Ertsaas Investment Director Investinor
Ken Steine Co-Founder, Board Member & Manager, Business Development Ace Oil Tools
Terje Eidesmo Ph.D Managing Partner ProVenture Seed
Request full access to PitchBook