LUX Assure Overview
- Founded
-
2001
- Status
-
Out of Business
- Latest Deal Type
-
Liquidation
LUX Assure General Information
Description
Provider of chemical monitoring technologies intended for chemical monitoring both for offshore and onshore oil and gas industries The company's technologies focus on developing software for the oil and gas industry to monitor difficult-to-detect chemicals used during the various extraction processes, enabling industries to identify chemical and fuel types conveniently.
Contact Information
Website
www.luxassure.com
Formerly Known As
LUX Innovate
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Primary Industry
Electrical Equipment
Other Industries
Other Energy Services
Other Chemicals and Gases
Primary Office
- Unit 5.3, Heriot Watt Research Park
- Research Avenue South
- Edinburgh EH14 4AP
- Scotland, United Kingdom
+44 0131 000 0000
LUX Assure Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Bankruptcy: Liquidation | 28-Apr-2020 | 00.00 | Completed | Bankruptcy: Liquidation | ||
| 4. Later Stage VC | 24-Jun-2016 | 00.000 | 00.00 | 000.00 | Completed | Generating Revenue |
| 3. Later Stage VC | 13-Feb-2013 | 00.000 | 00.000 | 00.000 | Completed | Generating Revenue |
| 2. Later Stage VC | 24-Jun-2011 | $652K | $1.28M | 000.00 | Completed | Generating Revenue |
| 1. Later Stage VC | 01-Sep-2010 | $625K | $625K | 000.00 | Completed | Generating Revenue |
LUX Assure Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-2 | 0,000,000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | ||
| Series A | 0,000,000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | ||
| Ordinary 5 | 0 | 00.00 | 00.00 | 00 | 00.00 | 00 | ||
| Ordinary 4 | 0,000,000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | ||
| Ordinary 3 | 000,000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | ||
| Ordinary 2 | 000 | 00.00 | 00.00 | 00 | 00.00 | 00 | ||
| Ordinary 1 | 15,300 | $3.55 | $3.55 | 1x | $3.55 | 0.1% | ||
| Ordinary | 14,900 | $0.97 | $0.97 | 1x | $0.97 | 0.1% |
LUX Assure Patents
LUX Assure Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-3662266-A1 | Biocide detection | Inactive | 04-Aug-2017 | 0000000000 | |
| AU-2018311350-A1 | Biocide detection | Inactive | 04-Aug-2017 | 0000000000 | |
| GB-201712580-D0 | Biocide detection | Inactive | 04-Aug-2017 | 0000000000 | |
| US-20200371028-A1 | Biocide detection | Inactive | 04-Aug-2017 | 0000000000 | |
| GB-201313059-D0 | Substances and methods for monitoring treatment chemicals and tracers | Inactive | 22-Jul-2013 |