Index Ventures is a venture capital firm which helps entrepreneurs turn bold ideas into global businesses.

Index Ventures

Cathay Innovation is a global venture capital firm, created in affiliation with Cathay Capital, investing in startups at the center of digital revolution across North America, Latin America, Europe, Asia and Africa. Its global platform unifies technology investment across continents, investors, entrepreneurs and leading corporations to accelerate startup growth with access to new markets, invaluable industry knowledge and introductions to potential partners from the start. As a multistage fund with over $1.5 billion assets under management and offices across San Francisco, New York, Paris, Shanghai, Beijing and Singapore, Cathay Innovation partners with visionary entrepreneurs and startups positively impacting the world through technology.  To learn more, please visit www.cathayinnovation.com or follow us on Twitter @Cathayinnov.

Cathay Innovation

With offices in Paris, London, Seoul and Singapore, our mission is to broaden the horizon of European technology by providing leading start-ups with the capital for growth and access to Asian markets. Our strong ties with many leading Asian corporates, together with our network in Asian tech ecosystems offer our portfolio companies much more than just capital. Founded in 2016 by Fleur Pellerin, former French Minister for Innovation and Digital Economy, Korelya Capital (a Korelya Groupe company) is an investment platform with over EUR 500 million under management. We back the most ambitious founders in their journey to build global technology champions by sharing our passion, experience and market reach.

Korelya Capital

Primwest

Bpifrance provides financial solutions for companies that are booting up the listing on the stock exchange and credit equity. It includes OSEO, CDC Entreprises, FSI, and FSI Regions to offer in your area of financial solutions at every stage of the life of your business.

Bpifrance

The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investment products, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture.

European Investment Bank

NewSpace Capital is a Luxembourg-based Private Equity firm with focus on space and space-related industries.

NewSpace Capital

Opera Tech Ventures is a corporate venture capital firm that invests in outstanding entrepreneurs and provides them with industry support.

Opera Tech Ventures

Kayrros

Kayrros is the leading advanced data analytics company that helps global energy market players make better investment decisions. Kayrros experts extract value from the integration of alternative and market data into unique product offerings across the energy chain. With more than 100 employees representing over 15 nationalities working from headquarters in Paris and offices in Houston, London, New York and Singapore, Kayrros delivers actionable information in near real-time using cutting-edge technologies. Kayrros solutions are rapidly scalable and continually expanded to new geographies and new sources of data that help provide greater transparency into energy markets worldwide.

Kayrros is a climate and energy data analytics company that utilizes cutting-edge geospatial detection technologies to analyze satellite images and other data sources. Its primary offerings revolve around measuring the environmental and climate impacts of economic activity. By aggregating and processing vast amounts of public, satellite, and geolocation data, Kayrros provides actionable insights to help organizations manage climate risks, implement low-carbon transition strategies, achieve sustainability goals, and transparently communicate their progress.

French climate tech startup Kayrros raises €40 million to help companies and policymakers achieve sustainability goals

The leading environmental intelligence company

Our Press

It’s a green deal! Betting big on growing demand for climate data, French tech snaps €40 million

KAYRROS, the French climate tech leader, raises €40 million in funding

Bryan, Garnier & Co acts as Sole Financial Advisor and Sole Placement Agent to the leading geo-analytics company Kayrros on its €40 million Series C financing from New Space Capital, Bpifrance, Opera

Climate and Energy data analytics company Kayrros raises €40M

Fueling the future: Tech powering the oil and gas value chain

Oil & Gas Tech

Kayrros launches Equity Tracker, offering equity investors near real-time company performance insights, ET EnergyWorld

Kayrros is a climate and energy data analytics company that utilizes cutting-edge geospatial detection technologies to analyze satellite images and other data sources. Its primary offerings revolve around measuring the environmental and climate impacts of economic activity. By aggregating and processing vast amounts of public, satellite, and geolocation data, Kayrros provides actionable insights to help organizations manage climate risks, implement low-carbon transition strategies, achieve sustainability goals, and transparently communicate their progress.
Kayrros' core capabilities include monitoring methane emissions, biomass, and carbon footprints. The company has collaborated with prestigious institutions such as the National Center for Space Studies (CNES) and the European Space Agency (ESA). Its innovative solutions were showcased at COP26 in November 2021, where the European Commissioner for Energy highlighted Kayrros' analysis as part of the European Commission's Green Deal implementation.
Since its founding in 2016, Kayrros has raised a total of EUR 72 million through various funding rounds, including a EUR 40 million Series C round in March 2022. This particular round saw participation from the French government, the European Investment Bank (EIB), NewSpace Capital, and Opera Tech Ventures, among others. As of March 2022, Kayrros employed over 150 experts, including more than 100 with master's degrees and over 20 PhDs.

2DA is a company that offers a product called Bayzyen to optimize the petroleum liquids supply chain. The company aims to address the challenges faced by companies in accurately tracking and valuing their inventories of crude and refined products, both in transit and in terminals.
The traditional approach to scheduling and tracking these commodities has been hindered by disparate systems, differing transaction views, and a lack of integration across various platforms such as pipeline bulletin boards, enterprise resource planning (ERP) systems, energy trading and risk management (ETRM) systems, spreadsheets, and production tracking tools. This has made it difficult for companies to obtain a clear and timely view of their physical positions, hampering their ability to optimize operations and trading activities.
Recognizing these difficulties, 2DA developed Bayzyen to improve the value of available data in the energy space. The product likely leverages advanced analytics and data integration capabilities to provide companies with a unified and real-time view of their inventories, enabling more efficient scheduling, tracking, and optimization of their petroleum liquids supply chain operations.
Key customers and partnerships
The sources provided do not contain explicit information about 2DA's key customers, user statistics, or notable partnerships. Therefore, this section cannot be included due to a lack of relevant details.

2DA Analytics

Axon4D Technologies is a technology and services company focused on providing monitoring solutions for large external floating roof (EFR) and internal floating roof (IFR) storage tanks. The company deploys a patented Fiber Optic Sensing System (FOSS) around these tanks to enable near real-time monitoring of various operational parameters.
Axon4D's key product offerings include floating roof level and tilt monitoring coupled with tank fill level tracking to pinpoint potential asset integrity issues. The system also provides wet sensing capabilities to detect presence of water or hydrocarbons in the annular pontoons of floating roofs. Additionally, it can sense ponding on the tank roofs. The data is presented through a secure web portal accessible from any device.
By providing real-time insights, Axon4D's technology aims to drive operational excellence through improved asset integrity monitoring, reduced operational costs of up to 30%, decreased risk via better monitoring, reduced emissions and downtime, and enabling more predictive maintenance. In comparison to traditional point-in-time visual inspections, the company's continuous monitoring approach can provide 85% reduced field time requirements.
As of August 2017, the company highlighted specific benefits such as enabling near real-time data collection, continuous monitoring, proactive issue identification before problems arise, and automated settlement checks at any time through its proprietary API and EPA-oriented structural monitoring technology.

Axon4D Technologies

Beyond Limits is an American company founded in 2014 that specializes in providing cutting-edge artificial intelligence (AI) solutions. The company's proprietary Hybrid AI technology combines traditional numeric AI tools like machine learning and neural networks with symbolic AI techniques, enabling human-like reasoning and overcoming the limitations of conventional AI solutions.
Beyond Limits' AI models are trained on extensive datasets and industry expert knowledge to deliver in-depth insights, sophisticated explanations, and recommendations that mimic human cognitive processes. This groundbreaking technology helps businesses across industries such as oil & gas, manufacturing, energy, utilities, and healthcare to foresee potential problems, diagnose issues, and recommend effective solutions.
Unlike traditional data analysis methods, Beyond Limits' technology interprets data in context, offering nuanced, reliable, and actionable insights. This innovative approach empowers businesses with a new breed of AI-driven solutions. In March 2022, Beyond Limits acquired Altec Products, Inc., a leading provider of integrated document management and workflow solutions, to accelerate product growth and drive digital transformation.
Key customers and partnerships
Beyond Limits has established strategic partnerships and integrations focused on digital transformation and AI-readiness across key sectors worldwide. In the Asia Pacific region, the company formed a collaboration with Infosys Compaz to offer its Cognitive AI solutions alongside Infosys Compaz's digital services to over 2,000 customers. Additionally, Beyond Limits signed a Memorandum of Understanding with Kaplan Higher Education Institute to promote AI and data science talent development in Singapore.

Beyond Limits

CorrosionRADAR designed and supplied the world's longest range Corrosion Under Insulation (CUI) monitoring technology in 2022 for pipelines, refineries, and other applications. The patented system enabled the transition from manual inspections to automated monitoring and from reactive to predictive corrosion management. Earlier detection aided in corrosion prevention, lowering costs and risks. The technology continuously monitored, detected, and localized corrosion and moisture under any insulation type, even in inaccessible and inhospitable locations. It was compatible with assets having complex geometries and operating in extreme temperatures.
Key customers and partnerships
In February 2023, CorrosionRADAR announced a technology collaboration with Antea, a global leader in risk-based asset integrity management (AIM) software with 3D digital twin capabilities. The partnership integrated CorrosionRADAR's real-time corrosion monitoring technology with Antea's AIM and inspection data management software (IDMS) with risk-based inspection (RBI) capabilities. This enabled predictive corrosion management for operators in the process and oil and gas industries, reducing inspection and maintenance costs by up to 65%, decreasing the likelihood of unplanned shutdowns, and significantly increasing the efficacy of inspection plans. Additionally, Antea's contextualized digital twin visualizations allowed operators to remotely monitor the external corrosion status of their assets in near real-time.

CorrosionRADAR

Cortex is a company that provides a blockchain-enabled platform to facilitate secure and transparent data sharing among internet of Things (IoT) devices and network partners across industries. The company's core offering is a decentralized ledger system that enables permissioned network members to exchange IoT data without the need for central control or management. This approach eliminates the risks of data tampering, fraud, and cyber-crime, while ensuring the highest levels of security, performance, and stability.
Cortex's platform leverages blockchain technology to store an immutable and transparent record of all data transactions, allowing network participants to collaborate with confidence. The company's solution aims to reduce the time, cost, and risks associated with managing sensitive information by providing an auditable trail for regulatory compliance, contract management, identity management, and citizen services.
Cortex's business model revolves around enabling enterprises to unlock new value streams by monetizing IoT data securely and transparently within their partner ecosystems. The company's mission is to disrupt industries globally by rewriting the rules and changing the way the world works through the adoption of its blockchain-enabled data-sharing platform.
In November 2023, Arm introduced the Cortex-M52, a new microcontroller core featuring Arm Helium technology designed to bring AI capabilities to smaller and lower-cost IoT devices than what is possible with SoCs based on the Arm Cortex-M55 core. The Cortex-M52 provides a simplified migration path from previous Arm Cortex-M generations for applications in sectors like automotive, industrial control, predictive maintenance, and wearable sensor fusion.
Key customers and partnerships
In November 2022, Cortex partnered with Alcatel Lucent Enterprise to develop an innovative digital workplace using the latter's teleconferencing solution, Rainbow, as a backbone. The partnership aimed to create an open, versatile, inclusive, scalable, and privacy-aware extended reality (XR) framework for remote cooperation, facilitating activities involving physical interaction with remote objects.

Cortex

Hardware and software solutions leveraging robotics, AI, sensors, Big Data, and drones to automate and enhance the oil and gas field exploration, extraction, and drilling processes.

Platforms for monitoring pipeline networks, oil and gas wells, and storage tanks, utilizing AI, sensors, and aerial imagery for data-driven decision-making and optimization.

Solutions utilizing advanced analytics and real-time data to predict operational outcomes, optimize schedules, and deploy predictive maintenance strategies to improve operational efficiency and minimize cost.

Solutions that use technologies like quantum sensing and electromagnetic tech for the detection and containment of gas leaks and oil spills, ensuring environmental protection.

Solutions specializing in safely storing and transporting oil and gas through the use of camera systems, sensor technology, AUVs, and ROVs, with a focus on inspection, explosion risk detection, and efficient delivery.

Operators of marketplaces that connect players across the oil and gas industry, facilitating trading, price tracking, and the buying, selling, and leasing of oil rights.

AI, IoT, and Big Data used to remotely operate fields and manage them

Robots used to remotely operate fields and manage them

Building digital twins to monitor and manage oil rigs (a limited number of companies such as IBM)

Platforms and solutions to develop sustainable processes across the oil and gas value chain

Supply chain transparency with regard to the distribution of oil and gas

Kayrros

Sources

About EDGE

Contact Us

Resources

Area of Focus

Technology Research Made Effortless