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Cold Bore Technology

coldboretechnology.com

Founded Year

2012

Stage

Series C | Alive

Total Raised

$17.7M

Last Raised

$14M | 2 yrs ago

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About Cold Bore Technology

Cold Bore Technology specializes in fracturing optimization software. The company has developed an Industrial IoT-based Electronic Completions Recorder and remote frac operating system deployed by Cold Bore's SmartPAD(TM) service.

Headquarters Location

#106, 5726 Burleigh Crescent SE

Calgary, Alberta, T2H 1Z8,

Canada

403-744-5264

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Expert Collections containing Cold Bore Technology

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cold Bore Technology is included in 1 Expert Collection, including Advanced Manufacturing.

A

Advanced Manufacturing

4,061 items

Companies focused on the technologies to increase manufacturing productivity, ranging from automation & robotics to AR/VR to factory analytics & AI, plus many more.

Cold Bore Technology Patents

Cold Bore Technology has filed 9 patents.

The 3 most popular patent topics include:

  • Drilling technology
  • Oil wells
  • Petroleum production
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/2/2018

1/4/2022

Fluid dynamics, Drilling technology, Hydraulic fracturing, Oil wells, Petroleum production

Grant

Application Date

3/2/2018

Grant Date

1/4/2022

Title

Related Topics

Fluid dynamics, Drilling technology, Hydraulic fracturing, Oil wells, Petroleum production

Status

Grant

Latest Cold Bore Technology News

Cold Bore Technology Recognized By Darcy Partners Among Top 10 Innovators in Drilling & Completions in 2021

Jan 26, 2022

January 26, 2022 10:00 AM Eastern Standard Time CALGARY, Alberta--( BUSINESS WIRE )--Cold Bore Technology Inc. (“Cold Bore”), the leader in frac completions automation and platform technology, announced today that it has been recognized by notable innovation advisory firm, Darcy Partners, as one of the Top 10 Technologies from 2021 in Drilling and Completions. With a rich and proprietary dataset on its Darcy Connect platform, collating information from over 10,000 energy company users, Darcy Partners is able to uniquely track which innovators saw the most activity on the platform in the form of views, clicks, likes, follows, meetings scheduled, etc. Combined with analysis from its Research Team about technology developments and market traction, it selects the Top 10 Innovators from 2021 in each of its coverage channels. Cold Bore was recognized as a breakout performer in the Drilling and Completions sector in a year that saw it drive record deployments of its SmartPAD completions platform and control system, record revenues and almost double the size of its workforce both in Canada and the United States. In a statement released on LinkedIn , Darcy Partners remarked that “2021 was characterized by a recovery in activity in both Drilling and Completions from the lows of 2020, a trend we expect to see continue into 2022.” It went on to say that its selection of the Top 10 Innovators from 2021 in each of its coverage channels is its way of saying: "these are the innovators that your peers are most interested in, so you should definitely go and learn more about them.” “Receiving this accolade and endorsement as a top solution in high demand by real operators, further validates the growth we’re experiencing both in the market and within Cold Bore as a company,” said Brett Chell, CEO at Cold Bore. “The drive towards fully automated completions is stronger than it’s ever been and we’re thrilled to be partnering with so many of the largest and most progressive operators across North America to lead the charge." Cold Bore is changing the face of frac with its centralized digital platform called SmartPAD. SmartPAD is an end-to-end, fully integrated “Plug and Play” completions platform. Acting as a digitised control centre, SmartPAD automatically tracks an independent and complete multiservice timestamp for the entire fracing operation. Second by second the SmartPAD standardizes the entirety of data collection, visualization and communication between services and the operator. This is the universal connection point to end all data and protocol variability struggles with a universal approach that makes formatting every pad as easy as “Plug and Play.” About Cold Bore Cold Bore Technology Inc. (“Cold Bore”) is a global leader in completion optimization technology, developing the first Completions Operating System through Cold Bore’s SmartPAD service. For more information, please visit - https://www.coldboretechnology.com Contacts

Cold Bore Technology Frequently Asked Questions (FAQ)

  • When was Cold Bore Technology founded?

    Cold Bore Technology was founded in 2012.

  • Where is Cold Bore Technology's headquarters?

    Cold Bore Technology's headquarters is located at #106, 5726 Burleigh Crescent SE, Calgary.

  • What is Cold Bore Technology's latest funding round?

    Cold Bore Technology's latest funding round is Series C.

  • How much did Cold Bore Technology raise?

    Cold Bore Technology raised a total of $17.7M.

  • Who are the investors of Cold Bore Technology?

    Investors of Cold Bore Technology include Rice Investment Group, BP Ventures and Canadian Business Growth Fund.

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