Qube - About the company
Qube is a series B company based in Calgary (Canada), founded in 2018. It operates as an AI-driven gas emission detection solution. Qube has raised an undisclosed amount in funding from investors like SCF Partners, NESR and North West Capital Partners. The company has 41 active competitors, including 13 funded and 4 that have exited. Its top competitors include companies like Bridger Photonics, QLM and GHGSat.
Company Details
AI-driven gas emission detection solution. The company uses machine learning, edge computing, and IoT devices to continuously & accurately measure and detect methane emissions. The IOT device also detects SO2, CO2, VOCs, H2S, NO2, CO, O3, benzene, ethanol, and vinyl chloride. The data collected is summarized on a web-based dashboard.
- Website
- www.qubeiot.com/
Key Metrics
Founded Year
2018
Location
Calgary, Canada
Stage
Series B
Latest Funding Round
Investors
Ranked
8th among 41 active competitors
Employee Count
28 as on Jul 01, 2024
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Qube's funding and investors
Qube has raised funding over 4 rounds. Its first funding round was on Nov 15, 2021. Its latest funding round was a Series B round on Feb 13, 2024 for $*****. 4 investors participated in its latest round. Qube has 8 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Qube:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 13, 2024 | 8100487 | Series B | 4411777 | 2585538 | 9901691 | 8655259 |
Oct 02, 2023 | 3119130 | Series B | 6718588 | 2191273 | 1845045 | 1006083 |
Jan 26, 2022 | 4080856 | Grant (prize money) | 3669220 | 7610015 | 1764169 |
View details of Qube's funding rounds and investors
Qube's founders and board of directors
Founder? Claim ProfileQube's employee count trend
Qube has 28 employees as of Jul 24. Here is Qube's employee count trend over the years:
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Qube's Competitors and alternates
Top competitors of Qube include Bridger Photonics, QLM and GHGSat. Here is the list of Top 10 competitors of Qube, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bridger Photonics 2006, Bozeman (United States), Series B | Manufacturer of laser sensors for LiDAR and industrial measurement | $55M | 63/100 | |
2nd | QLM 2017, Newport (United Kingdom), Series A | Provider of quantum sensing technology for natural gas leak detection | $23.4M | 61/100 | |
3rd | Provider of satellite-based imaging services to monitor greenhouse gas emissions | $179M | 59/100 | ||
4th | Insight M 2013, Sunnyvale (United States), Acquired | Technology solution for methane emission detection | $30M | 57/100 | |
5th | Distran 2013, Zurich (Switzerland), Series B | Provider of gas leak detection solutions using ultrasonic cameras | $9.28M | 56/100 | |
6th | SeekOps 2017, Pasadena (United States), Series B | Provider of emissions monitoring, detection, and quantification solutions for industrial applications | $17.3M | 54/100 | |
7th | Industrial Scientific 1985, Pittsburgh (United States), Acquired | Technology solution provider for gas detection | - | - | 50/100 |
8th | AI-driven gas emission detection solution | - | 50/100 | ||
9th | Methane emissions management solutions for natural gas operators | $6.89M | 37/100 | ||
10th | Orbio Earth 2021, Koln (Germany), Seed | AI-driven platform offering gas emission detection solutions using satellites and drones | $599K | 36/100 |
Looking for more details on Qube's competitors? Click here to see the top ones
Qube's Investments and acquisitions
Qube has made no investments or acquisitions yet.
News related to Qube
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Qube Technologies' EPA-Approved Continuous Monitoring Solution for Enhanced LDAR ProgramsHart Energy•Apr 09, 2025•Qube
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Qube Technologies Secures Series B Funding From Riverbend Energy GroupBusiness Wire•Oct 02, 2023•Qube, Riverbend Energy Group
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Permian Basin Operator Chooses Qube for Continuous Emissions Monitoring ProjectHart Energy•Oct 11, 2022•Qube, Birch Resources
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ARC Resources Deploys Qube's Continuous Monitoring Technology in CanadaHart Energy•Aug 30, 2022•ARC Resources, Qube, Crin
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