About Electromagnetic Geoservices
Electromagnetic Geoservices is a company based in Trondheim (Norway) founded in 2002.. Electromagnetic Geoservices has raised $30 million across 1 funding round. The company has 16 employees as of December 31, 2021. Electromagnetic Geoservices offers products and services including CSEM Data Acquisition, MT Data Acquisition, EM Processing Software, and Multi-Client Library. Electromagnetic Geoservices operates in a competitive market with competitors including Petroleum Geo Services, Acceleware, MicroSeismic, Wireless Seismic and ION Geophysical, among others.
- Headquarter Trondheim, Norway
- Employees 16 as on 31 Dec, 2021
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Electromagnetic Geoservices Asa
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30 M (USD)
in 1 rounds
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Latest Funding Round
$30 M (USD), Series A
Jun 22, 2010
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Investors
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Employee Count
16
as on Dec 31, 2021
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Products & Services of Electromagnetic Geoservices
Electromagnetic Geoservices offers a comprehensive portfolio of products and services, including CSEM Data Acquisition, MT Data Acquisition, EM Processing Software, and Multi-Client Library. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for acquiring electromagnetic data in marine environments
Method for collecting geophysical data using magnetotellurics
Tools for processing and inverting electromagnetic survey data
Access to shared geophysical data for exploration purposes
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Funding Insights of Electromagnetic Geoservices
Electromagnetic Geoservices has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series A round of $30 million completed in June 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $30.0M
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First Round
First Round
(22 Jun 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2010 | Amount | Series A - Electromagnetic Geoservices | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Electromagnetic Geoservices
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Electromagnetic Geoservices
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Electromagnetic Geoservices Comparisons
Competitors of Electromagnetic Geoservices
Electromagnetic Geoservices operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Petroleum Geo Services, Acceleware, MicroSeismic, Wireless Seismic and ION Geophysical, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of marine-focused geophysical services
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| domain | founded_year | HQ Location |
Seismic imaging software and enhanced oil recovery solutions are provided.
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| domain | founded_year | HQ Location |
Microseismic monitoring services for hydrocarbon exploration and production are provided.
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| domain | founded_year | HQ Location |
Developers of wireless seismic recording systems
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| domain | founded_year | HQ Location |
AI-driven seismic solutions are provided for oil and gas exploration.
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| domain | founded_year | HQ Location |
Seismic data is analyzed and processed for hydrocarbon identification.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Electromagnetic Geoservices
Frequently Asked Questions about Electromagnetic Geoservices
When was Electromagnetic Geoservices founded?
Electromagnetic Geoservices was founded in 2002 and raised its 1st funding round 8 years after it was founded.
Where is Electromagnetic Geoservices located?
Electromagnetic Geoservices is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.
Is Electromagnetic Geoservices a funded company?
Electromagnetic Geoservices is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series A of $30M, raised on Jun 22, 2010.
How many employees does Electromagnetic Geoservices have?
As of Dec 31, 2021, the latest employee count at Electromagnetic Geoservices is 16.
What does Electromagnetic Geoservices do?
Electromagnetic Geoservices was founded in 2002 in Trondheim, Norway, and operates in the offshore oil and gas exploration sector. 3D electromagnetic data is supplied to support exploration activities. Services include the Inversion tool for depth-conversion and geo-model testing, as well as EMU for electromagnetic surveying simulations and technical assessments. Data insights are offered on portfolio polarization, hydrocarbon levels, well placement, and exploration decision-making.
Who are the top competitors of Electromagnetic Geoservices?
Electromagnetic Geoservices's top competitors include Petroleum Geo Services, Acceleware and MicroSeismic.
What products or services does Electromagnetic Geoservices offer?
Electromagnetic Geoservices offers CSEM Data Acquisition, MT Data Acquisition, EM Processing Software, and Multi-Client Library.