WaveLift receives a new round of funding

Posted on 03 Oct 2017 and read 648 times
WaveLift receives a new round of fundingStirling-based WaveLift (www.waveliftlimited.com), a developer of oil and gas technology, has received a new round of funding — led by the Scottish business angel investment syndicate Archangels (with co-investment from Scottish Enterprise and a private investor).

This will enable the company to further develop its artificial lift technology, which is used to increase the flow of crude oil, water or gas from a production well. WaveLift was launched last year.

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