PETROLERN LLC is a leading-edge technology company working on subsurface solutions for carbon storage, geothermal and oil and gas projects.
PETROLERN LLC is a leading-edge technology company working on subsurface solutions for carbon storage, geothermal and oil and gas projects. It conducts cutting edge R&D and executes global service projects to increase its clients' profitability yet minimizing their environmental footprint. Petrolern’s mission is to apply the knowledge and learnings from the oil and gas industry to accelerate movement toward cleaner energy sources. We envision this by optimization and real-time monitoring of subsurface operations using advanced sensor technologies and artificial intelligence.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Sep 7, 2022 | Grant | $0.90M | 1 | US Department of Energy | — | Detail |
May 24, 2022 | Grant | — | 1 | US Department of Energy | — | Detail |
Mar 23, 2022 | Grant | $255.96K | 1 | National Science Foundation | — | Detail |
Jan 11, 2022 | Grant | — | 1 | US Department of Energy | — | Detail |
Apr 1, 2021 | Grant | $1.15M | 1 | US Department of Energy | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
US Department of Energy | Yes | Grant |
National Science Foundation | Yes | Grant |