ARIX Technologies develops in-house robotic pipe-crawling devices that perform non-destructive testing and feed data into its AI-based analytics platform. The company targets industrial facilities such as petrochemical plants and electric utilities to help prevent costly shutdowns and environmental incidents caused by pipe corrosion. ARIX integrates inspection hardware and software to support customers' risk-based inspection programs. The press release highlights that the company completed an oversubscribed Series A financing of more than $10 million. Greenberg Traurig advised ARIX on the transaction, and ARIX's founder and CEO Dianna Liu commented on the firm's role in multiple financings. No operating metrics (revenue or user counts) were disclosed in the article.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2023