# BioSqueeze

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/biosqueeze

- Industry: Oil & Gas
- Headquarters: US
- Website: www.biosqueeze.com
- Total disclosed funding: $11M
- Latest round: Series A (Feb 3, 2023)
- Investors on record: 5

## About

Based in Montana, US, and founded in 2021, BioSqueeze Inc provides biomineralization technology for gas migration and curbing fugitive emissions. The company was founded by Robert Hyatt and Randy Hiebert.  As of 2023, the company is headed by its CEO Mark Ranalli. In February 2023, BioSqueeze Inc raised USD 7.4 million in Series A funding led by investor Valo Ventures, with participation from investors Next Frontier Capital, Riverstone Holdings, and Zero Infinity Partners.

The company offers fluid-based biotechnology that helps in sealing minuscule leakage pathways in oil and gas wells. In order to permanently eliminate sustained casing pressure (SCP) and stop fugitive greenhouse gas emissions, the company's technique creates crystalline calcium carbonate barriers that are comparable to those found in limestone (GHG). The firm technology has its application in plug and abandons wells, drilled but uncompleted wells, producing wells, gas storage wells, and carbon sequestration.

The company plan to use the February 2023 funding for business expansion across North America and development.

## Funding rounds

- Series A, Feb 3, 2023, $7.4M — Riverstone Holdings, Next Frontier Capital, Valo Ventures, Zero Infinity Partners
- Seed, Sep 1, 2021, $4.1M — Frontier Angel Fund, Next Frontier Capital

## Investors

- Frontier Angel Fund (https://capitalatlas.ai/funds/frontier-angel-fund) — Seed
- Next Frontier Capital (https://capitalatlas.ai/funds/next-frontier-capital) — Seed, Series A
- Riverstone Holdings (https://capitalatlas.ai/funds/riverstone-holdings) — Series A
- Valo Ventures (https://capitalatlas.ai/funds/valo-ventures) — Series A
- Zero Infinity Partners (https://capitalatlas.ai/funds/zero-infinity-partners) — Series A
