WaveLIFT Secures US$1.9 Million in Venture Funding from Angel Syndicate

Published: Sep 04 2017
Deal Summary

WaveLIFT Limited, an oil and gas services provider, secured £1.29 million (MM) (US$1.88 MM) in venture funding from Syndicates, a venture capital fund led by Angel Syndicate, a venture capital firm.

WaveLIFT intends to use the funds to further develop its artificial lift technology used to increase the flow of crude oil, water or gas from a production well.

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