# Galatea Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/galatea-technologies

- Industry: Software
- Headquarters: Calgary, Canada
- Website: www.galateatech.com/
- Total disclosed funding: $2M
- Latest round: Seed (Apr 30, 2024)
- Investors on record: 3

## About

Based in Alberta, Canada, and founded in 2019, Galatea Technologies operates as a software development company offering a waste management platform, especially for oilfield waste verticals. In February 2022, the firm raised venture funding led by investor NGIF. The firm as of October 2023, is led by its CEO, Chad Hayden.

The company through its software as a service (SaaS) platform called Waste Coordinator, offers a waste management ecosystem fostering improved efficiency, cost-effectiveness, and overall social reputation. The products and services offered by Galatea include waste manifesting, logistics optimization, excess disposal capacity, and ESG (environmental, social, and governance) impacts. Under Waste Manifesting, the company’s digital platform that works on desktop and mobile devices, makes waste manifesting processes convenient and compliant, by streamlining reporting, enhancing work efficiency, and improving project control by eliminating the need for complex applications. Under Logistics Optimization, the company offers a system that focuses on tracking every aspect of waste management, from tank levels to wait times. Additionally, the logistics optimization system analyses data and identifies inefficiencies to provide insightful solutions to enhance operations and calculates optimal disposal options for each load in real time which allows producers to market their excess disposal capacity. Under excess disposal service, the firm allows its clients to market their excess disposal capacity to other producers, and under ESG services, it supports producers to strategically manage their waste disposal workflows.

## Funding rounds

- Seed, Apr 30, 2024, $2M — Ascent Energy Ventures, NGIF, Staircase Ventures

## Investors

- Ascent Energy Ventures (https://capitalatlas.ai/funds/ascent-energy-ventures) — Seed
- NGIF — Seed
- Staircase Ventures (https://capitalatlas.ai/funds/staircase-ventures) — Seed