# Deep Casing Tools

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/deep-casing-tools

- Industry: Oil & Gas
- Headquarters: UK
- Website: www.deepcasingtools.com/
- Total disclosed funding: $7.9M
- Latest round: Seed (Mar 27, 2008)
- Investors on record: 2

## About

Founded in 2008 and based in Westhill, UK, Deep Casing Tools Limited, formerly known as Futuretec, operates as a developer and provider of tools called casings that are used for the oil and gas industry. In March 2024, Drilling Tools International, Inc., a portfolio company of Fifth Partners and Hicks Equity Partners, acquired Deep Casing Tools Limited from EV Private Equity.

The company specializes in the design, engineering, and manufacture of tools for well construction, completion, and casing recovery. The firm’s products include TurboCaser™ and Rubblizer™, which enhance drilling efficiency, reduce costs, and minimize emissions. Deep Casing Tools advances drilling operations and supports sustainable practices in energy production by integrating technologies with extensive industry expertise.

## Funding rounds

- Seed, Mar 27, 2008, $7.9M — Scottish Equity Partners, EV Private Equity

## Investors

- Scottish Equity Partners (https://capitalatlas.ai/funds/scottish-equity-partners) — Seed
- EV Private Equity (https://capitalatlas.ai/funds/ev-private-equity) — Seed