The Venture Codex Logo

The Venture Codex

Illusense

1055 W Hastings St, Vancouver, British Columbia, V6E 2E9, Canada

Overview

Illusense builds an ultra-high-resolution laser-based internal oil and gas pipeline inspection system that creates 3D profiles of pipeline interiors using multiple lasers. The system can traverse hundreds of kilometers at a time and detect wall defects such as dents, cracks and corrosion down to tens of microns. Collected 3D datasets are analyzed to help pipeline operators prioritize maintenance and integrity-management actions. The technology has been developed and demonstrated in a laboratory environment. The $1.6M funding commitment from SDTC will support productization, field testing, instrument manufacturing and commercial deployment. Illusense aims to give operators unprecedented intelligence to target repairs more efficiently and advance zero-leak goals.

Total raised
$2M
Funding rounds
1
Latest round
Equity
Latest activity
Sep 2016

Industries

  • Artificial Intelligence (AI)
  • Machine Learning
  • Software
Visit website

Recent funding

  1. Equity

    Sep 2016

    $2M

Team

No current team members are available.