New York, United States
OriGen.AI, founded in 2018 and headquartered in the United States, is making significant strides in the AI industry by revolutionizing reservoir simulations. The company’s slogan, "AI for Physics: Complete Reservoir Simulations in Seconds," encapsulates its mission to drastically reduce the time and cost associated with traditional reservoir engineering tasks.
Their flagship product, the PROTEUS platform, enhances decision-making for reservoir engineers by performing full reservoir simulations up to 10,000 times faster than conventional methods. This means pressure, saturation, and velocity data are available nearly instantaneously, transforming field development planning and optimizing projects in real time. By doing so, OriGen.AI aims to improve project Net Present Value (NPV) by up to 20%.
The company last secured a $1.00M Seed Round investment on 24 August 2020 from Wisdom LLP. With its advanced tech innovation, OriGen.AI is well-positioned at the intersection of high-impact technology and vital sectors. This positions them as a compelling opportunity for investors seeking to back transformative AI solutions in the energy domain.
