DarkVision Technologies has closed an $8 million Series A financing round. The round was co-led by Evok Innovations and BDC Capital.
DarkVision was founded in 2013 and has developed a super high resolution ultrasound-based imaging technology that gives oil and gas operators a set of eyes inside their wells that are unimpaired by wellbore fluids.
“We’re excited about having both BDC and Evok join our investor group at this critical point the company’s trajectory,” said Stephen Robinson, DarkVision CEO and cofounder. “Both funds presented a great fit for our current and future capital needs, and we’re excited about DarkVision’s growth path moving forward with our new partners.”
“DarkVision has developed a technology that solves a fundamental problem for oil and gas wells, and has attracted a lot of interest from several of the industry’s largest players,” said Marty Reed, CEO of Evok Innovations commented. “The value proposition of DarkVision is a natural fit for Evok and made the investment an obvious choice for us.”
“DarkVision has developed a highly differentiated technology that is gaining a significant amount of industry attention and has enormous potential,” says Geoff Catherwood Partner in BDC Capital’s Industrial, Clean & Energy (ICE) Fund. “We are also really impressed with DarkVision’s management team and its historical track record of success.”