Cold Bore Technology

SmartPAD™ is one Platform, one Format, one Direction for the entire industry & is revolutionizing the Completions Space.

Founded 2013 Canada

Calgary, Canada 80 employees Venture round Total: $16.71M Energy, Information Technology +1

Cold Bore Technology is a Canadian startup that has garnered attention with its groundbreaking SmartPAD™ platform, aiming to transform the Completions Space in the energy, information technology, and oil and gas industries. The technology serves as the world’s first Digital Completions Recorder and Cloud Platform, seamlessly connecting operators and on-site services while enabling fully autonomous frac operations. The platform's algorithm monitors digital frac trees, tracking the entire pad's workflow and organizing and moving the data to the cloud in real-time. Since its establishment in 2013, Cold Bore Technology has attracted significant investment, with the latest being a noteworthy $14.00M Venture Round investment secured on 29 July 2021. The investment was led by major players in the industry, including BP Ventures, Canadian Business Growth Fund, and Rice Investment Group. With its innovative offering and solid investor backing, Cold Bore Technology is positioned as a promising player in the digital transformation of the energy sector.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	$14.00M	3	BP Ventures, Canadian Business Growth Fund +1	29 Jul 2021
Series B	Undisclosed	1	Rice Investment Group	12 Sep 2019
Series A	$2.30M	1	Rice Investment Group	15 Oct 2018
Seed Round	$408.00K	-		17 Apr 2015

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

$14.00M

BP Ventures, Canadian Business Growth Fund +1

29 Jul 2021

Series B

Undisclosed

Rice Investment Group

12 Sep 2019

Series A

$2.30M

Rice Investment Group

15 Oct 2018

Seed Round

$408.00K

17 Apr 2015

FAQ About Cold Bore Technology

SmartPAD™ is one Platform, one Format, one Direction for the entire industry & is revolutionizing the Completions Space.

Cold Bore Technology was founded in 2013.

Cold Bore Technology is headquartered in Calgary, Canada.

Cold Bore Technology operates in Energy, Information Technology and Oil and Gas. Its work centres on Digital Completions Recorder, Cloud Platform, Autonomous Frac Operations and Data Acquisition.

Cold Bore Technology has approximately 80 employees.

Cold Bore Technology has completed 4 funding rounds, raising a total of $16.71M. The latest funding stage is Venture round.

Top alternatives and competitors to Cold Bore Technology include Intelligent Wellhead Systems, radient360 Solutions Inc., Lavoro Technologies Inc, MCS, Quantico Energy Solutions. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Cold Bore Technology and Intelligent Wellhead Systems 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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