Coreteq Systems

Coreteq Systems Overview

Founded 2014
Status Private
Latest Deal Type Seed
Latest Deal Amount $651K
Latest Deal Amount
Investors 1

Coreteq Systems General Information


Developer of a permanent magnet mechanism system intended to offer electrical submersible pumps. The company's system uses bottom-up approach by systematically understanding the root causes which increases the run life of electrical submersible pumps, enabling oil organizations to extract oil easily from off-shore, arctic and desert areas.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Commercial Products
Other Industries
Machinery (B2B)
Other Commercial Services
Primary Office
  • Unit 1, Trade City
  • Lyon Way, Frimley
  • Surrey GU16 7AL
  • England, United Kingdom
+44 020 0000 0000
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Coreteq Systems Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
1. Seed Round 01-Oct-2014 $651K 00000 000.00 Completed Startup

Coreteq Systems Cap Table

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Stock # of Shares
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Ordinary 000 00000.00 00000.00 00 00000.00 0.000

Coreteq Systems Executive Team (3)

Name Title Board Seat Contact Info
Hassan Mansir Board Member, Chief Executive Officer and Chief Technology Officer
Richard Kapuscinski Commercial Director

1 Former Executive

Coreteq Systems Board Members (5)

To view Coreteq Systems‘s full board member team, request access »
Name Representing Role Since
Hassan Mansir Coreteq Systems Board Member, Chief Executive Officer and Chief Technology Officer 000 0000
Jan Ellevset Equinor Technology Ventures Board Member 000 0000
Laurence Ormerod Coreteq Systems Non-Executive Chairman 000 0000
Shawn Le Maitre Coreteq Systems Board Member 000 0000

1 Former Board Member

Coreteq Systems Investors (1)

To view Coreteq Systems‘s full investor history, request access »
Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Equinor Technology Ventures Corporate Venture Capital Minority 000 0000 000000 0

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