Finnish Rocsole gets aditional funding from Shell Technology Ventures.

Rocsole Ltd, a Finnish Company which specialises in real-time tomography, announces it has successfully completed an additional funding round which was led by Shell Technology Ventures (STV).

The Finnish company, with offices in Kuopio, Finland and Houston, Texas, provides electrical and ultrasound tomographic industrial process monitoring systems.

Rocsole’s current products include a pipe sensor for both topside and subsea pipes, providing real- time information on the flow and, in particular, deposition buildup in a pipe through probe sensor technology which can be used in separators when extracting oil and water.

The additional funding injection from STV allows Rocsole to expand its product portfolio with a smart deposition pig sensor that enables efficient deposition monitoring of a customer’s entire pipe network from the inside.

This is the second investment by an international oil and gas company in Rocsole this year. The Spanish oil company Repsol led a fund raising round in early 2016. Rocsole aims to have the service concept in global distribution by 2018.