SpotLight develops noninvasive subsurface surveillance solutions for geological CO2 storage using proprietary algorithms to analyze large volumes of subsurface data. Its technology emphasizes speed, enhanced deployability, and reduced need for intrusive fieldwork to improve monitoring of carbon storage. SpotLight demonstrated CO2 monitoring capability in the GreenSand pilot injection offshore Denmark in early 2023 and has projects onshore and offshore in Canada and Denmark. The company plans to expedite its product development roadmap and expand into emissions-intensive industries such as steel, concrete, and chemicals. Financially, SpotLight previously raised a €500,000 seed round in 2020 and has now completed a $6.68 million Series A to support growth and commercialization.

Total raised

$7M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2023