About LUX Assure
LUX Assure is a company based in Edinburgh (United Kingdom) founded in 2001. It operates as a B2B. LUX Assure has raised $9.18 million across 3 funding rounds from investors including ConocoPhillips, Chevron and Equinor. The company has 16 employees as of September 30, 2018. LUX Assure operates in a competitive market with competitors including Fotech, CannSeal, ATRP Solutions, Seal For Life Industries and EV Cam, among others.
- Headquarter Edinburgh, United Kingdom
- Employees 16 as on 30 Sep, 2018
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$9.18 M (USD)
in 3 rounds
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Latest Funding Round
$3.56 M (USD), Series A
Jun 24, 2016
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Investors
ConocoPhillips
& 4 more
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Employee Count
16
as on Sep 30, 2018
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Funding Insights of LUX Assure
LUX Assure has successfully raised a total of $9.18M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.56 million completed in June 2016. 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.
Investors in LUX Assure
LUX Assure has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include ConocoPhillips, Chevron and Equinor.
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Investment and expertise are provided to early-stage Scottish companies.
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Business development and leadership training programs are offered to companies.
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Petroleum, natural gas, petrochemicals, and electrical power are produced globally.
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Investor details for LUX Assure
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Investments & Acquisitions by LUX Assure
Investment portfolio details for LUX Assure
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Financial Statements - LUX Assure
Detailed financials for LUX Assure
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Lux Assure Comparisons
Peer comparison for LUX Assure
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Competitors of LUX Assure
LUX Assure 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 Fotech, CannSeal, ATRP Solutions, Seal For Life Industries and EV Cam, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI and photonics monitoring solutions are delivered for energy infrastructure.
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Annular isolation technology is provided for enhanced oil recovery.
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Specialty polymers are manufactured via ATRP for targeted properties.
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Corrosion prevention and control solutions provider for the oil & gas industry
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Well diagnosis cameras are designed for high-temperature and high-pressure environments.
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Detailed competitors of LUX Assure
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Latest news on Lux Assure
Complete news archive for LUX Assure
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Frequently Asked Questions about LUX Assure
LUX Assure was founded in 2001 and raised its 1st funding round 9 years after it was founded.
LUX Assure is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
LUX Assure is a funded company, having raised a total of $9.18M across 3 funding rounds to date.
As of Sep 30, 2018, the latest employee count at LUX Assure is 16.
LUX Assure, backed by 9178000.0 from Scottish Enterprise, Archangels, Equinor, ConocoPhillips, Chevron, focuses on working in the energy sector, oil and gas, chemical monitoring, and technology services. Offers advanced chemical monitoring technology for the oil and gas industry. Driving innovation, growth, and excellence in its industry sectors.
LUX Assure's top competitors include Fotech, Seal For Life Industries and CannSeal.
LUX Assure has 5 investors. Key investors include ConocoPhillips, Chevron, Equinor, Scottish Enterprise, and Archangels.