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Target Intervention

Target Intervention
2011 FOUNDED
PRIVATE STATUS
11-20 EMPLOYEES
Early Stage VC LATEST DEAL TYPE
2 INVESTORS
Description

Manufacturer of real-time coiled tubing tool services designed to provide improved reliability and operator control during any type CT operation. The company's real-time coiled tubing tool services has electric downhole motors that operate packing elements, anchors, valves, enabling businesses for real-time monitoring of pressure, temperatures, mechanical force and tool performance.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electrical Equipment
Other Industries
Oil and Gas Equipment
Machinery (B2B)
Primary Office
  • Opstadveien 11A
  • 4330 Ålgård
  • Norway

+47 414 00 000
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Target Intervention Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
1. Early Stage VC 01-Sep-2015 Completed Startup
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Target Intervention Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Chevron Technology Ventures Corporate Venture Capital Minority 000 0000 000000 0
Saudi Aramco Energy Ventures Corporate Venture Capital Minority 000 0000 000000 0

Target Intervention Executive Team (3)

Name Title Board
Seat
Contact
Info
Hans Middelthon Chief Financial Officer & Board Member
Monika Malmin Managing Director
Bjornar Kleppe Manager, Business Development

Target Intervention Board Members (1)

Name Representing Role Since Contact
Info
Hans Middelthon Target Intervention Chief Financial Officer & Board Member 000 0000