Chevron Technology Ventures has helped raise capital for Calgary-based pipeline inspection technology firm INGU Solutions, more than 30 of the participants in its Catalyst programme. Alongside financing from Energy Innovation Capital, Chevron's funding will help the Canadian developer expand internationally and improve its data collection platform. By using inline sensors to identify leaks, geometric defects and magnetic anomalies, INGU's Piper system is able to work autonomously without downtime, removing the need for human intervention. As such, INGU is able to boost pipeline safety and performance while reducing costs.
Chevron Technology Ventures has helped raise capital for Calgary-based pipeline inspection technology firm INGU Solutions, one of the participants in its Catalyst programme. Alongside financing from Energy Innovation Capital, Chevron's funding will help the Canadian developer expand internationally and improve its data collection platform. By using inline sensors to identify leaks, geometric defects and magnetic anomalies, INGU's Piper system is able to work autonomously without downtime, removing the need for human intervention. As such, INGU is able to boost pipeline safety and performance while reducing costs.