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Direct Combusion Technologies
company
About
Direct Combustion Technologies develops a hydroflame steam generator and gas-assisted gravity drainage process.
- 1 - 10
Details
- Last Funding Type
- Grant
- Last Funding Money Raised
- $255.59K
- Industries
- Oil and Gas,Sustainability
- Founded date
- Jan 1, 2013
- Number Of Employee
- 1 - 10
- Operating Status
- Active
Direct Combustion Technologies uses the gas-assisted gravity drainage process, or GAGD. This system has yielded oil recoveries of 65 to 95% in laboratory experiments conducted at realistic reservoir conditions.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
$255.59K
Direct Combusion Technologies has raised a total of
$255.59K
in funding over 2 rounds. Their latest funding was raised on
Apr 21, 2021 from a Grant round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 21, 2021 | Grant | $255.59K | 1 |
National Science Foundation
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
1
Direct Combusion Technologies is funded by 1 investors.
National Science Foundation
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
National Science Foundation
|
Yes | Grant |
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