Foro Energy Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 31

Employees

  • Latest Deal Type
  • 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

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 5506 Clara Road
  • Houston, TX 77041
  • United States
+1 (713)
Primary Industry
Oil and Gas Equipment
Other Industries
Other Equipment
Parent Company
Vertical(s)
Corporate Office
  • 5506 Clara Road
  • Houston, TX 77041
  • United States
+1 (713)

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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
To view Foro Energy’s complete valuation and funding history, request access »

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
To view Foro Energy’s complete patent history, request access »

Foro Energy Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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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
You’re viewing 5 of 14 investors. Get the full list »

Foro Energy FAQs

  • When was Foro Energy founded?

    Foro Energy was founded in 2009.

  • Where is Foro Energy headquartered?

    Foro Energy is headquartered in Houston, TX.

  • What is the size of Foro Energy?

    Foro Energy has 31 total employees.

  • What industry is Foro Energy in?

    Foro Energy’s primary industry is Oil and Gas Equipment.

  • Is Foro Energy a private or public company?

    Foro Energy is a Private company.

  • What is Foro Energy’s current revenue?

    The current revenue for Foro Energy is .

  • How much funding has Foro Energy raised over time?

    Foro Energy has raised $8M.

  • 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.

  • When was Foro Energy acquired?

    Foro Energy was acquired on 05-Feb-2026.

  • Who acquired Foro Energy?

    Foro Energy was acquired by BiSN.

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