CorrosionRADAR
PrivateLast Round
Series B
Jul 30, 2024
Total Funding Raised
$12.59M
Company Overview
CorrosionRADAR is a technology company that provides predictive monitoring solutions for Corrosion Under Insulation (CUI). A spin-off from Cranfield University, the company develops and commercializes remote sensing technologies, including embedded sensors and advanced data analytics, to detect, locate, and quantify corrosion and moisture in industrial assets. The system is designed for industries such as oil and gas, chemical, and petrochemicals to move from reactive inspections to a predictive, data-driven maintenance approach. This helps clients improve safety, reduce maintenance costs, and extend the life of critical infrastructure. The company has received significant investment from venture capital firms and corporate partners including Aramco Ventures, Dow, Finindus, and Mercia Ventures.
Sector
Frontier & Industrial Tech
Verticals
Sensors, Environmental Monitoring, Data Visualization, IoT Hardware
Business Model
B2B
Customer Profile
Hardware + Subscription, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
CorrosionRADAR Comps
Public and private peers based on sector, stage, and business model.
CorrosionRADAR Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Jul 30, 2024 | ||||
| Series A | Feb 10, 2021 | ||||
| VC Round | Nov 1, 2019 | ||||
| Seed | Dec 19, 2017 | ||||
| Pre Seed | May 12, 2016 |
Key People
Founding team and executive leadership
CorrosionRADAR Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Innovate UK | VC Round, Seed |
| Finindus | Series B |
| Kanoo Ventures | Series B |
| Mercia Ventures | Series B |
| Aramco Ventures | Series A, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 20, 2026
Hosting the Cambridge Corrosion Conference 2026.
- Mar 20, 2026
Participated in the Cambridge Corrosion Conference 2026.
CorrosionRADAR Filings
SEC and related filings with document metadata.
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|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about CorrosionRADAR's valuation, stock price, and market status.
