Halfwave

Ervik, Norway Founded: 2011 • Age: 15 yrs Acquired By Previan
Ultra-wideband acoustic technology is provided for pipeline inspections.
Annual revenue - Latest available
Total funding - 1 rounds
Employees 28 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

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
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Halfwave As
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • 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
    Not available
  • Investors
    NovaCap

    & 2 more

  • Employee Count
    28

    as on Dec 31, 2017

  • Acquired by
    Previan

    (Feb 18, 2020)

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Funding Insights of Halfwave

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm backed by Shell
Locked Locked Locked
Acquisitions are targeted by Novacap, a private equity firm.
Locked Locked Locked
Sensors, instruments, and remote monitoring equipment are manufactured and designed.
Locked Locked Locked
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Investor details for Halfwave

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Investments & Acquisitions by Halfwave

Investments
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Investment portfolio details for Halfwave

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Financial Statements - Halfwave

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Detailed financials for Halfwave

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Halfwave Comparisons

Halfwave Primary company
Description
Ultra-wideband acoustic technology is provided for pipeline ...
Location
Ervik, Norway
Founded Year
2011
Annual Revenue
Not available
Net Profit
-$443.13 K (USD)
EBITDA
-$155.74 K (USD)
Employees
28
As of 2017
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Peer comparison for Halfwave

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of AI-driven ROVs and services for inspection of ships
Locked Locked Locked
Autonomous underwater vehicles are supplied for surface and subsurface monitoring.
Locked Locked Locked
Provider of subsea repair and maintenance services
Locked Locked Locked
Offshore support services provider to the oil & gas industry
Locked Locked Locked
Providing innovative, cost-effective sub-sea solutions to the global oil and gas industry
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Detailed competitors of Halfwave

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Latest news on Halfwave

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Complete news archive for Halfwave

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Frequently Asked Questions about Halfwave

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

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

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

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.

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

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

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