Assembly Line

Ambyint Secures Capital to Accelerate Sustained Customer Growth

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Ambyint, Mercury, Montrose Lane, BDC Capital

Ambyint, the leading provider of AI-powered production and artificial lift optimization software for the energy industry, is pleased to announce the successful closure of its latest capital round and relocation of its head office to Calgary, Alberta. The round was led by existing investors Mercury and Montrose Lane, plus new investors BDC Capital and Accelerate Fund III. This capital will be focused on accelerating customer growth, increasing our sophisticated energy and tech talent, and optimizing product enhancements including expansion of the company’s proven emissions mitigation capabilities.

Read more at Globe Newswire