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Osprey Informatics

Address 201, 1228 Kensington Road NW, Calgary, AB, T2N 3P7, CA
Website ospreyinformatics.com

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Visual monitoring solutions manufacturer Osprey Informatics secures financing round

Osprey Informatics, a provider of intelligent visual monitoring solutions for industrial operations, announced that it has closed a $3.75 Million CAD investment round led by Shell Ventures LLC and Evok Innovations, with participation from InterGen Capital and current shareholders. The investment will be used to drive sales expansion and to bring to market additional artificial intelligence-enabled solutions, including methane detection.

Video Monitoring Simplifies Site Surveillance Needs

The remote nature of oil and gas operations has generated a range of devices that detect, track and transmit information at wellheads and pipelines to offices sometimes thousands of kilometres away. Advances in remote-monitoring instrumentation have increased safety and reliability of equipment, and also cut down on in-person visits, significantly lowering operational costs.