Fiberspar LinePipe
Fiberspar LinePipe is a leading manufacturer and supplier of advanced spoolable fiber-reinforced composite pipe for oilfield applications. They offer some of the largest diameter and highest pressure-rated products in the industry, catering to the energy, manufacturing, and oil and gas sectors. Their primary product, LinePipe, is widely used by crude oil and natural gas producers in surface applications, benefiting from its rapid installation process and corrosion resistance capabilities.
Founded in 2007 and headquartered in the United States, Fiberspar has garnered significant attention in the investment landscape. The company secured a $50.00M Private Equity Round investment on 28 September 2010, with MassVentures and White Deer Energy being the key investors. This investment exemplifies the confidence and support garnered by Fiberspar in the industry, reflecting the potential and promise that the company brings to the table.
The combination of innovative technology, a strong market presence, and notable investor backing positions Fiberspar LinePipe as a compelling player in the oilfield infrastructure space, offering considerable growth potential and investment opportunity.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Private Equity Round | $50.00M | 2 |
|
28 Sep 2010 |
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