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FutureOn

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Founded 2016 Norway Norway 57 employees Non Equity Assistance Total: $70.00K Energy, Oil and Gas

General Information

Company Name FutureOn
Founded Year 2016
Location Norway Norway +5
Employees 57
Industries Energy, Oil and Gas
Funding Stage Non Equity Assistance
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About FutureOn

FutureOn is a Norway-based startup founded in 2016. The company focuses on addressing the challenges of energy security and pursuit of Net Zero compliance for Integrated Energy Companies (IECs). The FieldTwin platform offered by FutureOn facilitates accurate real-time data sharing and decision making between operators and EPCs in the energy industry. The company's efforts align with the industry's demand for faster delivery of oil and gas from known carbon sources in stable environments and alternative accessible energy sources. FutureOn's digital transformation tool, FieldTwin, brings speed and accuracy to the energy security challenge. The platform delivers transparent working environments with access to distributed data, industry software, and geospatially accurate Data Visualization. FieldTwin is not only focused on energy security but also on the transition to Net Zero, offering tools that enable IECs to build and deliver hybrid solutions and disruptors to build future energy solutions. The platform provides innovative connectors and integrations to traditional energy software, wind and current data software platforms, and key metadata, thereby allowing detailed wind models to work alongside existing conventional carbon models. In the latest funding round, FutureOn raised $70.00K in Non-Equity Assistance investment on 28 June 2023, with Greentown Labs being the investor. The company's dedication to addressing critical industry challenges and its innovative approach to digital transformation make it a noteworthy player in the Energy and Oil and Gas industries.

Taxonomy: Integrated Energy Companies, Energy security, Net Zero compliance, FieldTwin collaboration tools, Real-time data sharing, Digital transformation, Energy projects, Subsea assets, Subsurface data, Hybrid energy solutions, Wind energy, Floating wind, Hydrogen, Data Visualization

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance •••••• 1
Investor
28 Jun 2023
Venture Round •••••• 2
Investor Investor
19 Oct 2020

FAQ About FutureOn

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FutureOn was founded in 2016.
FutureOn is headquartered in Norway.
FutureOn operates in the following industries: Energy, Oil and Gas.
FutureOn has approximately 57 employees.
FutureOn has completed 2 funding rounds, raising a total of $70.00K. The latest funding stage is Non Equity Assistance.

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