About Rig Technologies
Rig Technologies is a company based in Perth (Australia) founded in 2021 was acquired by Orica in November 2021.. Rig Technologies operates in a competitive market with competitors including TATHYA, FastMarkets, TabLogs, Metal Radar and KORE GeoSystems, among others.
- Headquarter Perth, Australia
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Sectors
Natural ResourcesTechnology
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Phone
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Website
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Social
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Funding Insights of Rig Technologies
| 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 |
Investors in Rig Technologies
Rig Technologies has secured backing from 1 investor. Prominent investors backing the company include Orica. 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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Provider of explosives, blasting systems, mining chemicals, and geotechnical monitoring products
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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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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rig 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 - Rig Technologies
| 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 |
Rig Technologies Comparisons
Competitors of Rig Technologies
Rig Technologies 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 TATHYA, FastMarkets, TabLogs, Metal Radar and KORE GeoSystems, 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 |
Provides satellite data analytics using machine learning and AI
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Prices, news and data provider for the metals industry
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| domain | founded_year | HQ Location |
Cloud-based borehole logging software that allows geotechnical consultancies to create graphical logs
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| domain | founded_year | HQ Location |
Provides real-time metal prices and analysis tools for traders worldwide.
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| domain | founded_year | HQ Location |
Cloud-based core logging solutions for mining data management are provided.
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| domain | founded_year | HQ Location |
Provides cloud-based data services tailored for the asbestos industry.
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| 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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Frequently Asked Questions about Rig Technologies
When was Rig Technologies founded?
Rig Technologies was founded in 2021.
Where is Rig Technologies located?
Rig Technologies is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.
What does Rig Technologies do?
Rig Technologies was founded in 2021 in Perth, Australia, within the drilling technology sector. A platform for data logging is offered to capture geophysical measurements and drilling operations. Key products include drilMAX, which delivers information on drilling dynamics, and drillINFO, designed for live data access and system integration. Operations focus on supporting efficient data management in drilling activities.
Who are the top competitors of Rig Technologies?
Rig Technologies's top competitors include TATHYA, FastMarkets and TabLogs.
Who are Rig Technologies's investors?
Rig Technologies has 1 investor. Key investors include Orica.
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