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Welltec

Welltec
1994 FOUNDED
PRIVATE STATUS
901-1000 EMPLOYEES
2ndary - Private LATEST DEAL TYPE
8 FINANCING ROUNDS
1 INVESTMENTS
Description

Provider of robotic technology designed for well technologies and services for the oil and gas industry. The company's development of a robotic conveyance tool enables operators to extend their reach in highly deviated wells to optimize production and has applications for open and cased hole logging, clean-out, perforating, milling, coiled tubing stimulation and mechanical assistance.

Website
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Primary Industry
Oil and Gas Equipment
Other Industries
Other Energy Services
Primary Office
  • Gydevang 25
  • 3450 Lillerød
  • Denmark

+45 48 00 00 00

Welltec Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Welltec Competitors (12)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
CannSeal Venture Capital-Backed Stavanger, Norway 00 00.00 0000000000 0 00.00
00000000 000000000 Corporate Backed or Acquired PA 0 000000&0
000000 00000 Private Equity-Backed Norwich, United Kingdom 000 00000 000000000 00000
00000000 0000000 0 Formerly PE-Backed Houston, TX 00000 00000000000
000000'0 000000 00 Private Equity-Backed Houston, TX 000000000
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Welltec Investments (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 00000000 0 01-Dec-2005 0000000000 000.00 Oil and Gas Equipment
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Welltec Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Welltec Executive Team (8)

Name Title Board
Seat
Contact
Info
Peter Hansen Chief Operating Officer
Jørgen Hallundbæk Founder & Chief Executive Officer
Søren Suhr Acting Chief Financial Officer
Martin Skovbjerg Head, Group QHSE & Chief Legal Officer

4 Former Executives

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