Inductosense – investment from Aramco Ventures
Origin portfolio company Inductosense, experts and innovators in internal pipework corrosion monitoring, has raised money in a new investment round led by Aramco Ventures the corporate venturing arm of Aramco, the Middle-Eastern energy giant.
The funds will be used to support customer roll-out of Inductosense’s technology, including to Aramco itself, and to progress opportunities to integrate the company’s devices at point-of-manufacture, as well as to further develop its recurring revenue model.
Origin originally invested in Inductosense in 2019, following-on in 2021 and in the recent 2023 round.
Read more here.