Salamander Solutions develops advanced heater systems for the oil and gas sector. Founded in March 2017 as a spinout from Shell and based in Houston, Texas, the company is led by CEO Ben van den Brule. Its heater technology is used for steam-enhanced recovery operations (SAGD, CSS) and to prevent plugging in wells that produce high levels of wax. In April 2018 the company raised $7m in a Series A to provide working capital and to acquire rights to technical information and patents from Shell. As part of the transaction Salamander fully acquired MCAAA Ltd, a UK cable manufacturing facility, to ensure ownership of the solution. The company supplies heater systems and related intellectual property to oil and gas operators.

Total raised

$7M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2018