Smart Pipe

Smart Pipe

Smartpipe Technologies | Smart Pipe. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD65—98m (Dealroom.co estimates Sep 2013.)
Houston Texas (HQ)
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DateInvestorsAmountRound

$12.0m

Series A
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$6.6m

Early VC
Total FundingCAD25.4m

Recent News about Smart Pipe

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Smartpipe Technologies offers innovative trenchless pipeline solutions designed to repurpose existing pipelines with reinforced thermoplastic pipe (RTP). Serving the energy sector, particularly companies dealing with aging infrastructure, Smartpipe's technology allows for non-invasive installation and continuous monitoring through embedded fiber optic sensing. This solution is ideal for hard-to-access areas, minimizing disruption and reducing permitting times. The RTP can be custom manufactured to various diameters and installed at a rate of approximately one mile per day, significantly reducing downtime. The non-metallic construction enhances safety and reliability, supporting hydrogen and carbon dioxide energy infrastructure essential for the energy transition. Smartpipe's business model focuses on providing a cost-effective, efficient alternative to traditional pipeline replacement, generating revenue through the sale and installation of its RTP systems.

Keywords: trenchless technology, reinforced thermoplastic pipe, fiber optic monitoring, energy sector, pipeline repurposing, non-invasive installation, aging infrastructure, hydrogen support, carbon dioxide infrastructure, safety enhancement.

Tech stack

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