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Axel logo — 4.8+ bps telemetry | Universal MWD Platform for High Speed T...

Axel

4.8+ bps telemetry | Universal MWD Platform for High Speed Telemetry | Triple Combo & RSS Integrator

Founded 2012 United States Oakland, United States 34 employees Seed Total: $200.00K Information Technology

General Information

Company Name Axel
Founded Year 2012
Location United States Oakland, United States +1
Employees 34
Industries Information Technology
Funding Stage Seed
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About Axel

Axel is a universal MWD (Measurement While Drilling) platform that offers a high-speed telemetry system and the option of integrating MWD/LWD sub and spare parts from multiple manufacturers, reducing capital and operating costs. Founded in 2012 and based in the United States, Axel received a $200.00K Seed Round investment on 01 May 2017 from Phystech Ventures and North Energy Ventures. Its slogan "4.8+ bps telemetry | Universal MWD Platform for High Speed Telemetry | Triple Combo & RSS Integrator" underscores its core offerings. This startup's innovative approach in the field of Information Technology is poised to make a significant impact within the drilling industry. Axel's commitment to cost optimization and enhanced outcomes positions it as an enticing prospect for venture capitalists seeking potentially high returns in the energy sector.

Taxonomy: MWD, telemetry, universal platform, high-speed, integration, drilling, RSS, rotary steerable system, marketplace, equipment integration, oil industry, cutting-edge technology, engineering, hardware development

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 2
Investor Investor
01 May 2017

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FAQ About Axel

4.8+ bps telemetry | Universal MWD Platform for High Speed Telemetry | Triple Combo & RSS Integrator
Axel was founded in 2012.
Axel is headquartered in Oakland, United States.
Axel operates in the following industries: Information Technology.
Axel has approximately 34 employees.
Axel has completed 1 funding round, raising a total of $200.00K. The latest funding stage is Seed.
Top alternatives and competitors to Axel include Wellpath Energy Services Llc., Compass Directional Guidance, Inc., Knust-SBD Pte Ltd, DigiDrill, NOVA Directional. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Axel and Wellpath Energy Services Llc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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