Solinas Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
57
- Latest Deal Type
-
Later Stage VC
- Investors
-
9
Solinas General Information
Description
Developer of robotic technologies designed to detect defects in critical pipeline infrastructure. The company builds inspection robotic technologies to detect existing defects such as leaks, gas pockets, corrosion, sediments, and dents and also prevent failures, maximizing the lifespan of assets and addressing critical issues such as manual scavenging, water accessibility, enabling oil and gas, petrochemical, power plants to take preventive maintenance actions and also reduce manual intervention and costs.
Contact Information
Website
www.solinas.inCorporate Office
- Care Of IITM Incubation Cell
- Kanagam Road, Taramani
- Chennai, Tamil Nadu 600113
- India
Corporate Office
- Care Of IITM Incubation Cell
- Kanagam Road, Taramani
- Chennai, Tamil Nadu 600113
- India
Solinas Timeline
Solinas Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Later Stage VC | 28-May-2024 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 08-Nov-2022 | Completed | Generating Revenue | |||
2. Seed Round | 13-Oct-2022 | $554K | $555K | Completed | Generating Revenue | |
1. Accelerator/Incubator | 01-Jan-2019 | $423.74 | $423.74 | Completed | Generating Revenue |
Solinas Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
CCPS | ||||||||
Ordinary |
Solinas Comparisons
Industry
Financing
Details
Solinas Competitors (1)
One of Solinas’s competitors is The Detection Group, a Venture Capital-Backed company based in Sunnyvale, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
The Detection Group | Venture Capital-Backed | Sunnyvale, CA |
Solinas Signals
Solinas Investors (9)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Rainmatter Capital | Corporate Venture Capital | Minority | ||
SBICap Ventures | Asset Manager | Minority | ||
Imagine H2O | Accelerator/Incubator | Minority | ||
8X Ventures | Venture Capital | Minority | ||
Assure Labs | Venture Capital | Minority |
Solinas FAQs
-
When was Solinas founded?
Solinas was founded in 2018.
-
Where is Solinas headquartered?
Solinas is headquartered in Chennai, India.
-
What is the size of Solinas?
Solinas has 57 total employees.
-
What industry is Solinas in?
Solinas’s primary industry is Other Hardware.
-
Is Solinas a private or public company?
Solinas is a Private company.
-
What is Solinas’s current revenue?
The current revenue for Solinas is
. -
How much funding has Solinas raised over time?
Solinas has raised $555K.
-
Who are Solinas’s investors?
Rainmatter Capital, SBICap Ventures, Imagine H2O, 8X Ventures, and Assure Labs are 5 of 9 investors who have invested in Solinas.
-
Who are Solinas’s competitors?
The Detection Group is a competitor of Solinas.
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