MTEM Overview

Founded 2004
Status Acquired/​Merged
Employees 67
Latest Deal Type M&A
Latest Deal Amount $277M
Latest Deal Amount
Investors 1

MTEM General Information


Provider of electromagnetic mapping services for onshore and offshore oil and gas reservoirs. The company develops electromagnetic services which produces resistivity profiles to identify hydrocarbons. The company was spun out of University of Edinburgh.

Contact Information

Ownership Status
Financing Status
Formerly VC-backed
Primary Industry
Oil and Gas Equipment
Other Industries
Other Commercial Products
Other Commercial Services
Primary Office
  • 40 Sciennes
  • Edinburgh EH9 1NJ
  • Scotland, United Kingdom
+44 0131 000 0000
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MTEM Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 20-Jun-2007 $277M 000.00 00000 Completed Product Development
1. Early Stage VC 01-Jan-2004 000.00 000.00 Completed Product Development

MTEM Former Investors (3)

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Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
EV Private Equity Growth/Expansion Minority 000 0000 000000 0
HitecVision PE/Buyout Minority 000 0000 000000 0
Scottish Equity Partners Venture Capital Minority 000 0000 000000 0

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