Coreteq Systems Overview
Founded
2014
Status
Private
Latest Deal Type
Seed
Latest Deal Amount
$651K
Investors
1
Coreteq Systems General Information
Description
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
Website
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
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
| Stock | # of Shares Authorized |
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)
| 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)
| 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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