Foro Energy Overview
- Year Founded
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2009
- Status
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Acquired/Merged
- Employees
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31
- Latest Deal Type
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M&A
Foro Energy General Information
Description
Developer of a laser technology designed to commercialize the application of high-power lasers for the oil, natural gas, geothermal, and mining industries. The company's technology provides power lasers made to open access to the geothermal energy in deep, hard basement rock and offers the capability and hardware platform to transmit over long-distance fiber optic cables, enabling mining companies to drill and work over wells.
Contact Information
Website
www.foroenergy.com(Operating Subsidiary)
Corporate Office
- 5506 Clara Road
- Houston, TX 77041
- United States
Corporate Office
- 5506 Clara Road
- Houston, TX 77041
- United States
Foro Energy Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 05-Feb-2026 | Completed | Generating Revenue | |||
| 4. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 3. Debt - PPP | 01-May-2020 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 31-Dec-2012 | $8M | $8M | Completed | Generating Revenue | |
| 1. Grant | 01-Oct-2010 | $9.2M | Completed | Generating Revenue |
Foro Energy Patents
Foro Energy Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20210162545-A1 | Laser jets and nozzles, and operations and systems, for decommissioning | Pending | 24-Jul-2018 | ||
| WO-2020023668-A1 | Laser jets and nozzles, and operations and systems, for decommissioning | Inactive | 24-Jul-2018 | ||
| WO-2019117872-A1 | High power optical slip ring laser drilling system and method | Inactive | 12-Dec-2017 | ||
| WO-2019117868-A1 | Laser beam shot pattern delivery and drilling methods | Inactive | 12-Dec-2017 | ||
| WO-2019117869-A1 | Laser drilling kerfing bit | Inactive | 12-Dec-2017 | E21B7/14 |
Foro Energy Signals
Foro Energy Former Investors (14)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Baruch Future Ventures | Family Office | Minority | ||
| CMEA | Limited Partner | Minority | ||
| Catapult VC | Venture Capital | Minority | ||
| Chevron Technology Ventures | Corporate Venture Capital | Minority | ||
| ConocoPhillips Technology Ventures | Corporate Venture Capital | Minority |
Foro Energy FAQs
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When was Foro Energy founded?
Foro Energy was founded in 2009.
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Where is Foro Energy headquartered?
Foro Energy is headquartered in Houston, TX.
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What is the size of Foro Energy?
Foro Energy has 31 total employees.
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What industry is Foro Energy in?
Foro Energy’s primary industry is Oil and Gas Equipment.
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Is Foro Energy a private or public company?
Foro Energy is a Private company.
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What is Foro Energy’s current revenue?
The current revenue for Foro Energy is .
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How much funding has Foro Energy raised over time?
Foro Energy has raised $8M.
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Who are Foro Energy’s investors?
Baruch Future Ventures, CMEA, Catapult VC, Chevron Technology Ventures, and ConocoPhillips Technology Ventures are 5 of 14 investors who have invested in Foro Energy.
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When was Foro Energy acquired?
Foro Energy was acquired on 05-Feb-2026.
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Who acquired Foro Energy?
Foro Energy was acquired by BiSN.
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