Avestec Overview
- Founded
-
2015
- Status
-
Private
- Employees
-
17
- Latest Deal Type
-
Grant
- Latest Deal Amount
-
$750K
- Investors
-
7
Avestec General Information
Description
Developer of robotic inspection technology designed to offer onshore and offshore industrial asset inspection. The company's technology provides ultrasonic thickness measurement, coating thickness measurement, visual inspection, defect detection, and measurement, 3D model creation, data analysis, and post-processing, enabling clients to have quick and cost-effective alternatives to traditional inspection methods that require scaffolding or rope access.
Contact Information
Website
www.avestec.ca
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electronic Equipment and Instruments
Other Industries
Other Hardware
Primary Office
- 4268 Lozells Avenue
- Suite 106
- Burnaby, British Columbia V5A 0C6
- Canada
+1 (604) 000-0000
Avestec Timeline
Avestec Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Grant | 26-Jan-2022 | $750K | 000 | Completed | Generating Revenue | |
| 2. Later Stage VC | 05-May-2021 | 000 | 000 | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 01-Jan-2018 | Completed | Generating Revenue |
Avestec Patents
Avestec Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| CA-3078994-A1 | Method and system of an surface attachment of modular unmanned aerial vehicle for inspection | Pending | 28-Oct-2017 | 00000000 | |
| EP-3700818-A1 | Method and system of an surface attachment of modular unmanned aerial vehicle for inspection | Pending | 28-Oct-2017 | 00000000 | |
| EP-3700818-A4 | Method and system of an surface attachment of modular unmanned aerial vehicle for inspection | Pending | 28-Oct-2017 | 00000000 | |
| US-20200307786-A1 | Method and apparatus for surface attachment of modular unmanned aerial vehicle for inspection | Active | 28-Oct-2017 | 00000000 | |
| US-11548634-B2 | Method and apparatus for surface attachment of modular unmanned aerial vehicle for inspection | Active | 28-Oct-2017 | B64F3/00 | 00 |
Avestec Executive Team (2)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Reza Tavakoli Ph.D | President & Chief Executive Officer | ||
| Pouya Kamalinejad Ph.D | Chief Technology Officer & Vice President of Technology |
Avestec Board Members (1)
| Name | Representing | Role | Since |
|---|---|---|---|
| Todd Farrell | UBC Seed Fund | Board Member | 000 0000 |
Avestec Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Avestec Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Clean Resource Innovation Network | Other | Minority | 000 0000 | 000000 0 | |
| Supernode | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Sustainable Development Technology Canada | Venture Capital | Minority | 000 0000 | 000000 0 | |
| UBC Seed Fund | Venture Capital | Minority | 000 0000 | 000000 0 | |
| WUTIF Capital | Angel Group | Minority | 000 0000 | 000000 0 |