Andium Secures $21.7M in Series B Funding Led by Aramco Ventures.

Andium Secures $21.7M in Series B Funding.

Andium Secures $21.7M in Series B.

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Andium Raises $21.7 Million in Series B Funding Led by Aramco Ventures to Cut Greenhouse Gas Emissions

Press ReleaseFundingSeries BAramco VenturesThomas Miglis

Series B will enable Andium to scale its remote field monitoring platform, which already reduces operating costs by up to 45 percent and cuts greenhouse gas emissions by up to 65 percent for global energy companies.

Andium’s $21.7 Million Series B: Accelerating Emissions Reduction in Industrial Sectors

Andium has raised $21.7 million in Series B funding, led by Aramco Ventures, with support from existing investors. The funding will accelerate the expansion of Andium's remote monitoring solutions across the U.S. and Middle East, unlocking improved sustainability, efficiency and profitability in some of today's most consequential industries including Oil & Gas, Mining and Waste Management. The support from Aramco Ventures and other investors highlights the strategic importance of Andium’s technology to the future of these industries.

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Efficiently Monitoring Tank Levels: A Guide for Oil and Gas Operators

In the dynamic landscape of the oil and gas industry, operational efficiency is key, and the need for accurate and efficient tank monitoring has never been more critical. The efficiency and safety of operations depend heavily on the methods adopted to monitor storage tanks. Let’s delve deep into the world of tank monitoring, showcasing both traditional and cutting-edge technologies that are shaping the sector, and discuss the pros and cons for each method.

A Proven Solution That Will Help Colorado Oil Producers Remain Compliant For SB 19-181

With new Colorado regulations passing, a higher level of emissions monitoring will be needed for oil and gas companies producing oil. Because of this, Colorado oil and gas producers are turning to Andium for smart solutions that have already been proven across Texas, New Mexico, and other states that leverage Andium’s technology.

IIoT Drives Sustainability, Safety, Revenues in Energy

Sustainability. Safety. Profit. Energy isn’t the only industry that can start tying these together. Whatever the industry. However old the infrastructure. IIoT is here and when deployed effectively, it is here to make a world of difference for any operation.

Ensuring Your Pilot Lights Always Work

A reliable pilot light monitoring system is crucial. It alerts you right away when a pilot flame goes out. You can prevent harmful greenhouse gases like methane from escaping into the atmosphere. With strict regulations taking effect soon, you must ensure your flare stacks function properly. You need the right monitoring system in place.

Helping to Fill the Labor Gap in the Oil and Gas Industry

Worldwide energy demand is expected to grow 50% by 2050, according to the International Energy Association. Oil and gas producers, however, cannot fully capitalize on this opportunity. They suffer from a labor shortage, one that is hitting the entire oil and gas industry. Although the energy demand is rapidly increasing, production cannot keep up. Most oil and gas companies have the equipment they need to increase drilling and development. These companies simply lack the crews to match.

The EPA Announces Flyovers in the Permian Basin: How to Ensure You Are Compliant

The EPA just announced flyovers in the Permian Basin in New Mexico and Texas. What does this mean for your operations? If you operate within the Permian Basin, you will need to ensure that your locations are complaint with regulations for several days. Noncompliance will result in significant penalties, corrective actions to prevent future non-compliance and monitoring to verify corrective actions have addressed the emissions.

Andium Secures $15 Million in Series A Funding Round Led by OGCI Climate Investments

Accelerates Deployment of Andium’s Next Generation IIOT Remote Monitoring Capabilities Focused on Reducing Emissions Across the Oil and Gas Sector

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