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Ace Oil Tools

Ace Oil Tools
2012 FOUNDED
PRIVATE STATUS
1-10 EMPLOYEES
Early Stage VC LATEST DEAL TYPE
$1.58M LATEST DEAL AMOUNT
2 INVESTORS
Description

Developer of stop collars for the oil and gas industry. The company develops stop collars without a draw-bolt to provide axial and radial force grip for the casing.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Oil and Gas Equipment
Other Industries
Other Equipment
Primary Office
  • Mekjarvik 14
  • 4070 Randaberg
  • Norway

+47 982 00 000
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Ace Oil Tools Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
1. Early Stage VC 16-Feb-2015 $1.58M 00.000 Completed Startup
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Ace Oil Tools Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Investinor Venture Capital Minority 000 0000 000000 0
ProVenture Seed Venture Capital Minority 000 0000 000000 0

Ace Oil Tools Executive Team (5)

Name Title Board
Seat
Contact
Info
Lasse Hetland Chief Executive Officer
Morten Klausen Chief Technology Officer
Ken Steine Co-Founder, Board Member & Manager, Business Development
Bjarte Røssland Manager, Operations
Joachim Åkesson Manager, Sales

Ace Oil Tools Board Members (4)

Name Representing Role Since Contact
Info
Frank Lie Schieldrop Self Chairman 000 0000
Jan Morten Ertsaas Investinor Board Member 000 0000
Ken Steine Ace Oil Tools Co-Founder, Board Member & Manager, Business Development 000 0000
Terje Eidesmo Ph.D ProVenture Seed Board Member 000 0000