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Tachyus

tachyus.com

Founded Year

2013

Stage

Series B | Alive

Total Raised

$40.86M

Last Raised

$15M | 4 yrs ago

About Tachyus

Tachyus creates technology for the oil and gas industry to optimize energy production. The company's platform unites predictive analytics software and sensors that measure real-time data to increase profits, promote safety, and enable regulatory compliance.

Headquarters Location

2120 University Ave 4th Floor

Berkeley, California, 94704,

United States

Tachyus's Product Videos

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Tachyus's Products & Differentiators

    Aqueon

    https://www.tachyus.com/waterflood/ Optimize water injection in secondary recovery fields to maximize production and minimize cost

Research containing Tachyus

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Tachyus in 1 CB Insights research brief, most recently on Sep 27, 2021.

Expert Collections containing Tachyus

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

Tachyus is included in 4 Expert Collections, including Oil & Gas Tech.

O

Oil & Gas Tech

935 items

This collection includes companies from upstream, midstream, and downstream sectors of the Oil & Gas industry, as well as companies focused on sustainable fuels. Sectors are tagged by general focus of the company (even if the tech works across sectors).

A

Artificial Intelligence

10,459 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

A

AI 100

100 items

The winners of the 4th annual CB Insights AI 100.

A

Advanced Manufacturing

4,096 items

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

Tachyus Patents

Tachyus has filed 3 patents.

The 3 most popular patent topics include:

  • Fluid dynamics
  • Oil wells
  • Petroleum production
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/22/2017

7/7/2020

Fluid dynamics, Partial differential equations, Artificial neural networks, Numerical differential equations, Computational fluid dynamics

Grant

Application Date

3/22/2017

Grant Date

7/7/2020

Title

Related Topics

Fluid dynamics, Partial differential equations, Artificial neural networks, Numerical differential equations, Computational fluid dynamics

Status

Grant

Latest Tachyus News

12:06 ET Tachyus releases Strateon, a fully automated layer level production and injection allocation application

Feb 28, 2023

News provided by Share this article Share this article HOUSTON, Feb. 28, 2023 /PRNewswire/ -- Allocation of production/injection in multilayered fields is a critical task and whether it is reservoir simulation, accounting, and production reporting to authorities, reserves estimation or injection conformance, knowing how much is being injected and produced by each layer is a must-have in several key reservoir engineering workflows. The task is not simple specially in mature fields with commingled production as the artificial lift equipment makes it impossible to run production logging tools in the borehole to measure individual layer contributions. So, operators rely on static allocation coefficients from some approximation methods like K*h determined from tracer jobs and simplified assumptions. Tachyus releases Strateon, a fully automated layer level production and injection allocation application In 2020 Tachyus took on the challenge to design a tool that would solve the hurdles and that would provide allocations in a dynamic manner. This first approach worked well and has been proven to be accurate in several complex multilayered reservoirs. But good enough is not enough for Tachyus and the team continued to work on improving the underlying algorithms… As a result, we are excited to released Strateon, powered by Data Physics, the ultimate back allocation tool, combining mass balance with Darcy's Law in a machine learning workflow. Applicable to both primary and secondary production and injection allocation, Strateon is a fully automated and unbiased process that performs allocation at layer or pattern level and runs with minimum data. In a test case in Argentina Strateon allocation in a multilayered reservoir was obtained in less than one week; conversely, it took the operator over one year to do a similar allocation using a simulation model. As stated by Fernando Gutierrez, Tachyus CEO "Our mission is to find huge, painful problems and provide the best-in-class solutions, and Strateon is a testament to this strategy." Leading the R&D team in charge of technology development at Tachyus, Chief Technology Officer Dr. Pallav Sarma celebrated on this achievement: "Strateon is yet another success story of our recipe to combine well understood physics-based workflows with state-of-the-art machine learning algorithms in a fully automatic and unbiased manner to solve a critical problem." SOURCE Tachyus

Tachyus Frequently Asked Questions (FAQ)

  • When was Tachyus founded?

    Tachyus was founded in 2013.

  • Where is Tachyus's headquarters?

    Tachyus's headquarters is located at 2120 University Ave, Berkeley.

  • What is Tachyus's latest funding round?

    Tachyus's latest funding round is Series B.

  • How much did Tachyus raise?

    Tachyus raised a total of $40.86M.

  • Who are the investors of Tachyus?

    Investors of Tachyus include Cottonwood Venture Partners, Founders Fund, Caffeinated Capital, Streamlined Ventures, StartX and 8 more.

  • Who are Tachyus's competitors?

    Competitors of Tachyus include OriGen.AI and 5 more.

  • What products does Tachyus offer?

    Tachyus's products include Aqueon and 3 more.

  • Who are Tachyus's customers?

    Customers of Tachyus include Pan American Energy.

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