CorrosionRADAR, founded in 2017 and headquartered in the United Kingdom, is transforming the landscape of industrial asset management with its smart digital solutions for corrosion monitoring. Their innovative technologies, leveraging advancements in AI, IoT, and predictive analytics, address critical issues like corrosion under insulation (CUI) across various sectors, including new energy infrastructure such as hydrogen and CCUS, and conventional oil & gas.
The company enhances industrial safety and efficiency, enabling businesses to implement data-driven maintenance strategies that significantly cut costs. The idea is to align with Industry 4.0 initiatives by digitizing asset integrity management.
Supported by industry giants, CorrosionRADAR solidified its financial strength with a recent £5.00M Series B investment in July 2024. Prominent investors like Aramco Ventures, Finindus, and others actively back the startup, underscoring confidence in its growth potential and strategic importance in revolutionizing industrial maintenance.