Halfwave

Ervik, Norway Founded: 2011 • Age: 15 yrs Acquired By Previan
Ultra-wideband acoustic technology is provided for pipeline inspections.
Request Access

About Halfwave

Halfwave is a company based in Ervik (Norway) founded in 2011 was acquired by Previan in February 2020.. The company has 28 employees as of December 31, 2017. Halfwave operates in a competitive market with competitors including Rovco, Ocean Aero, DeepOcean, MMA Offshore and Film-Ocean, among others.

  • Headquarter Ervik, Norway
  • Employees 28 as on 31 Dec, 2017
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Halfwave As
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
    $-443.13 K (USD)
    86
    as on Dec 31, 2021
  • EBITDA
    $-155.74 K (USD)
    95
    as on Dec 31, 2021
  • Latest Funding Round
  • Investors
    NovaCap

    & 2 more

  • Employee Count
    28

    as on Dec 31, 2017

  • Acquired by
    Previan

    (Feb 18, 2020)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Funding Insights of Halfwave

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2017 Amount Series A - Halfwave Valuation Shell Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Halfwave

Halfwave has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include NovaCap, Previan and Shell Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm backed by Shell
Founded Year Domain Location
Acquisitions are targeted by Novacap, a private equity firm.
Founded Year Domain Location
Sensors, instruments, and remote monitoring equipment are manufactured and designed.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Halfwave

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Halfwave

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Halfwave Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Halfwave

Halfwave 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 Rovco, Ocean Aero, DeepOcean, MMA Offshore and Film-Ocean, 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 AI-driven ROVs and services for inspection of ships
domain founded_year HQ Location
Autonomous underwater vehicles are supplied for surface and subsurface monitoring.
domain founded_year HQ Location
Provider of subsea repair and maintenance services
domain founded_year HQ Location
Offshore support services provider to the oil & gas industry
domain founded_year HQ Location
Providing innovative, cost-effective sub-sea solutions to the global oil and gas industry
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Halfwave

Frequently Asked Questions about Halfwave

When was Halfwave founded?

Halfwave was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Where is Halfwave located?

Halfwave is headquartered in Ervik, Norway. It is registered at Ervik, Vestland, Norway.

How many employees does Halfwave have?

As of Dec 31, 2017, the latest employee count at Halfwave is 28.

What does Halfwave do?

Halfwave was founded in 2011 in Ervik, Norway, within the energy sector focused on subsea infrastructure. Ultra-wideband acoustic inspection technology based on half-wave resonance is offered to enhance assessments of pipelines and risers. Additionally, ARTEMIS is developed as an ROV-mountable tool for external inspections of subsea assets, including rigid and flexible pipelines, flowlines, and risers. Operations center on acoustic methods for non-intrusive evaluations in offshore environments.

Who are the top competitors of Halfwave?

Halfwave's top competitors include Rovco, DeepOcean and Ocean Aero.

Who are Halfwave's investors?

Halfwave has 3 investors. Key investors include NovaCap, Previan, and Shell Ventures.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available