When was Eddyfi Technologies founded?

Eddyfi Technologies was founded in 2009 and raised its 1st funding round 8 years after it was founded.

Where is Eddyfi Technologies located?

Eddyfi Technologies is headquartered in Quebec City, Canada. It is registered at Deer Park, Texas.

Is Eddyfi Technologies a funded company?

Eddyfi Technologies is a funded company, having raised a total of $150M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Mar 2017.

When was the latest funding round of Eddyfi Technologies?

Eddyfi Technologies' latest funding was a $***** Series C round on Feb 06, 2020, with participation from 2 investors. Its primary sector is Professional Service Robots. In Canada, the Professional Service Robots sector has seen $14.9M in funding in 2026 to date.

Where does Eddyfi Technologies rank among its competitors?

Eddyfi Technologies ranks 5th amongst 36 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Solinas Integrity, which secured $5.5M in May, 2026.

Who are the top competitors of Eddyfi Technologies?

Eddyfi Technologies' top competitors include Solinas Integrity, Oceaneering and Saipem. Among them, Solinas Integrity secured the most recent funding round in May, 2026.

Eddyfi Technologies - 2026 Company Profile, Funding & Competitors

Company Details

Provider of advanced non-destructive testing (NDT) technologies and robotic solutions. It offers instruments, sensors, and software for inspecting critical assets across various industries. These solutions encompass phased array ultrasonic testing, eddy current array, and other electromagnetic and ultrasonic methods. The company develops and manufactures these products, supporting clients throughout the entire inspection workflow. Its focus is on enhancing productivity, safety, and environmental protection.

Website: eddyfi.com
Social
Email ID: *****@eddyfi.com
Registered Address: Deer Park, Texas

Key Metrics

Founded Year

2009

Location

Quebec City, Canada

Stage

Acquired

Total Funding

$150M in 2 rounds

Latest Funding Round

Series C, Feb 06, 2020, $*****

Investors

Novacap & 1 more

Ranked

5^th among 36 active competitors

Investment & Acquisitions

Inuktun & 7 more

Similar Companies

Saipem & 13 more

Exit Details

Acquired by ESAB Corporation (Feb 02, 2026)

View Eddyfi Technologies' full profile

Eddyfi Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
EDDYFI CORP CIN: 463890132 , United States, Active	Dec 26, 999	-	240 (As on Dec 31, 2023)	-

Eddyfi Technologies got acquired by ESAB Corporation on Feb 02, 2026.

Click here to take a look at Eddyfi Technologies's acquisition in detail

Eddyfi Technologies has raised a total funding of $150M over 2 rounds. Its first funding round was on Mar 2017. Its latest funding round was a Series C round on Feb 06, 2020 for $*****. 2 investors participated in its latest round. Eddyfi Technologies has 2 institutional investors.

Here is the list of recent funding rounds of Eddyfi Technologies:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 06, 2020	7898261	Series C	1166951	1965224	2260788	4099945
Mar 2017	5263984	Series B	4056991	2855464	CDPQ	6767571

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Top competitors of Eddyfi Technologies include Solinas Integrity, Oceaneering and Saipem. Here is the list of Top 10 competitors of Eddyfi Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Solinas Integrity 2018, Chennai (India), Series A	AI and robotics-based platform for inspection, cleaning, and digitization of underground infrastructure	$9.38M	Hero Enterprise Family Office, Neev Fund ... & 25 others	61/100
2nd	Oceaneering 1964, Houston (United States), Public	Provider of subsea, aerospace, and industrial technology solutions	-	Scottish Enterprise, Net Zero Technology Centre	61/100
3rd	Saipem 1957, San Donato Milanese (Italy), Public	Integrated service provider to the oil and gas industry	-	CDP Equity, Eni Next & 4 others	53/100
4th	RedZone Robotics 1987, Warrendale (United States), Acquired	Robotic and software solution for wastewater network monitoring	$53.3M	ABS Capital, Four Winds Capital & 2 others	52/100
5th	Eddyfi Technologies 2009, Quebec City (Canada), Acquired	Provider of advanced non-destructive testing (NDT) technologies and robotic solutions	$150M	Novacap, CDPQ	51/100
6th	ARIX Technologies 2017, New Orleans (United States), Series A	Provider of pipeline inspection robots	$21.5M	AlleyCorp, Benson Capital Partners & 11 others	47/100
7th	Teledyne Marine 1962, Cypress (United States), Funding Raised	Designer and manufacturer of underwater vision systems	-	New Business Venture Fund, Europa & 1 others	44/100
8th	Fiberscope 2003, Winnipeg (Canada), Unfunded	Borescopes, Sewer Cameras and Fiberscopes for Visual Inspection	-	-	42/100
9th	Envirosight 2001, Randolph (United States), Acquired	Robotic crawlers for pipeline inspection	-	-	40/100
10th	PetroBot 2019, Jaipur (India), Seed	Provider of in-services tank inspection service robot technology	$121K	Tcr Advanced, Forge	38/100

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Eddyfi Technologies has not made any investments yet. Eddyfi Technologies has made 8 acquisitions.

Here is the list of latest three $acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 06, 2019	Acquisition	Inuktun	1989	Nanaimo (Canada)
May 07, 2018	Acquisition	M2M	2003	Quebec City (Canada)
May 17, 2017	Acquisition	TSC Inspection	1984	Milton Keynes (United Kingdom)