About Innovative Steam Technologies
Innovative Steam Technologies is a company based in Cambridge (Canada) founded in 1992 was acquired by Fulcrum Capital Partners in April 2015. It operates as a Product-as-a-Service. Innovative Steam Technologies offers products and services including Once Through Steam Generators (OTSG) and SQ90 OTSG.
- Headquarter Cambridge, Canada
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name Ist A Division Of Propak Systems Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Fulcrum Capital Partners
(Apr 13, 2015)
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Products & Services of Innovative Steam Technologies
Innovative Steam Technologies offers a comprehensive portfolio of products and services, including Once Through Steam Generators (OTSG) and SQ90 OTSG. 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.
OTSGs are used for heat recovery applications.
SQ90 OTSG supports enhanced oil recovery processes.
Funding Insights of Innovative Steam Technologies
| 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 |
Investors in Innovative Steam Technologies
Innovative Steam Technologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Fulcrum Capital Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
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Fulcrum Capital Partners is focused on Canadian private equity investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Innovative Steam Technologies
| 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 - Innovative Steam Technologies
| 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 |
Innovative Steam Technologies Comparisons
Competitors of Innovative Steam Technologies
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Innovative Steam Technologies
Frequently Asked Questions about Innovative Steam Technologies
When was Innovative Steam Technologies founded?
Innovative Steam Technologies was founded in 1992.
Where is Innovative Steam Technologies located?
Innovative Steam Technologies is headquartered in Cambridge, Canada. It is registered at Cambridge, Ontario, Canada.
What does Innovative Steam Technologies do?
Innovative Steam Technologies (IST) is engaged in providing advanced heat recovery solutions for the power generation and enhanced oil recovery sectors. Their Once Through Steam Generators (OTSG) are utilized to recover lost gas turbine heat in the PowerGen industry. Additionally, IST offers SQ90 OTSG systems tailored for enhanced oil recovery applications. The company is recognized for its expertise in design, manufacturing, and aftermarket services across these specialized energy sectors.
What products or services does Innovative Steam Technologies offer?
Innovative Steam Technologies offers Once Through Steam Generators (OTSG) and SQ90 OTSG.
Who are Innovative Steam Technologies's investors?
Innovative Steam Technologies has 1 investor. Key investors include Fulcrum Capital Partners.