COREteQ Overview

  • Founded
  • 2012

Founded
  • Status
  • Private

  • Employees
  • 6

Employees
  • Latest Deal Type
  • M&A

COREteQ General Information

Description

Developer of permanent magnet motor systems intended to maximize the run life of Electrical Submersible Pumps (ESPs) used in oil production and geothermal applications. The company's systems are used in conjunction with protectors to continuously flush and replenish the filtered fluid in contact with the mechanical seal and manage heat reduction, enabling oil operators to extract oil more economically from their assets.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Primary Industry
Oil and Gas Equipment
Other Industries
Machinery (B2B)
Primary Office
  • Unit 1, Trade City
  • Lyon Way, Frimley
  • Surrey GU16 7AL
  • England, United Kingdom
+44 020 0000 0000

COREteQ Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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COREteQ Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 02-Aug-2021 00.000 Completed Generating Revenue
4. Grant 01-Jun-2020 00000 00.000 Completed Generating Revenue
3. Later Stage VC 20-Mar-2019 00000 00.000 00.000 Completed Generating Revenue
2. Grant 01-Jul-2015 $2M $651K Completed Generating Revenue
1. Seed Round 01-Oct-2014 $651K $651K 000.00 Completed Generating Revenue
To view COREteQ’s complete valuation and funding history, request access »

COREteQ Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Ordinary 0,000 00.000000 0000.00 0000.00 00 0000.00 00.000
Ordinary 000 00.000000 00000.00 00000.00 00 00000.00 0.000
To view COREteQ’s complete cap table history, request access »

COREteQ Patents

COREteQ Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-202104354-D0 Form wound motor for electrical submersible pumps Pending 26-Mar-2021 000000000
US-20220311300-A1 Form wound motor for electrical submersible pumps Pending 26-Mar-2021 000000000
GB-201905775-D0 Viscous coupling and gearless transmission Pending 25-Apr-2019
GB-2584389-A Viscous coupling and gearless transmission Pending 25-Apr-2019 00000000 0
GB-201804852-D0 Viscous coupling of gearless transmission Inactive 27-Mar-2018
To view COREteQ’s complete patent history, request access »

COREteQ Executive Team (5)

Name Title Board Seat Contact Info
Hassan Mansir Founder, Chief Executive Officer, Chief Technology Officer & Board Member
Andy Wonnacott Chief Financial Officer
Richard Kapuscinski Commercial Director
You’re viewing 3 of 5 executive team members. Get the full list »

COREteQ Board Members (6)

Name Representing Role Since
Hassan Mansir COREteQ Founder, Chief Executive Officer, Chief Technology Officer & Board Member 000 0000
Jan Ellevset Equinor Ventures Board Member 000 0000
Laurence Ormerod COREteQ Chairman 000 0000
Shawn Le Maitre COREteQ Board Member 000 0000
You’re viewing 4 of 6 board members. Get the full list »

COREteQ Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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