Rock Physics Technology

Rock Physics Technology Overview

Founded 2014
Founded
Status Private
Latest Deal Type Buyout/​LBO
Investors 3

Rock Physics Technology General Information

Description

Developer of a quantitative interpretation software created to make better decisions regarding the reservoir. The company's quantitative interpretation software reduces the number of the dry wellbore during exploration and provide more accurate calculation of the size of the reservoir with the help of advanced algorithm based on knowledge of relevant parameters that compare user data (such as well logs, seismic data, AVO data) with different models, enabling oil and gas companies to assess reservoirs.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Information Services (B2C)
Other Industries
Application Software
Primary Office
  • C/O Spaces
  • Lars Hilles Gate 30
  • Bergen
  • Finland
+358 047 00000000
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Rock Physics Technology Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Buyout/LBO 01-Jan-2018 Completed Generating Revenue
2. Seed Round 23-Feb-2016 Completed Generating Revenue
1. Accelerator/Incubator Completed Startup

Rock Physics Technology Executive Team (4)

Name Title Board Seat Contact Info
Åsmund Drottning Ph.D Chief Executive Officer
Erling Hugo Jensen Ph.D Chief Technology Officer & Co-Founder
Tor Johansen Board Member & Co-Founder
Bjørn Aadland Chief Financial Officer

Rock Physics Technology Board Members (3)

To view Rock Physics Technology‘s full board member team, request access »
Name Representing Role Since
Dag Rian Rock Physics Technology Chairman of the Board 000 0000
Tor Johansen Rock Physics Technology Board Member & Co-Founder 000 0000

1 Former Board Member

Rock Physics Technology Investors (3)

To view Rock Physics Technology‘s full investor history, request access »
Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Televenture Venture Capital Majority 000 0000 000000 0
BTO Accelerator/Incubator Majority 000 0000 000000 0
Nyskapningsparken Accelerator/Incubator Minority 000 0000 000000 0

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