Kuva Systems has filed a notice of an exempt offering of securities to raise $8,000,000.00 in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, Kuva Systems is raising up to $8,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Stefan Bokaemper played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Kuva Systems
Kuva makes the invisible measurable and thereby manageable. Our industrial IoT platform provides a fully automated, image-based, continuous methane monitoring and quantification solution. It enables upstream and midstream oil and gas companies to improve their operations and meet ESG and methane intensity goals. Kuva features a low-cost camera that pinpoints methane release locations and quantifies flow rates based on minute-by-minute measurements. Leak analytics can be used to prioritize operational responses, quantify ongoing conditions, and confirm nominal performance.
To learn more about Kuva Systems, visit http://www.kuvasystems.com/
Contact:
Stefan Bokaemper, Chief Executive Officer
617-832-1731
https://www.linkedin.com/in/stefan-bok%C3%A4mper-73b590/
SOURCE: http://www.intelligence360.io
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