# Kuva Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kuva-systems

- Industry: Oil & Gas
- Headquarters: Cambridge, US
- Website: www.kuvasystems.com
- Total disclosed funding: $15M
- Latest round: Series A (Jun 9, 2022)
- Investors on record: 4

## About

Based in Massachusetts, US, and founded in 2016 by Jason Bylsma, MultiSensor Scientific Inc., d.b.a. Kuva Systems operates as a technology company that designs and manufactures internet-of-things (IoT)-based automated methane monitoring and quantification systems for industries like oil and gas. In July 2024, Kuva Systems raised USD 3 million in grant funding from new investor Prairies Economic Development Canada. As of January 2023, Stefan Bokamper is the CEO of the company. The company provides a patented non-thermal infrared camera along with a cloud monitoring service that enables oil and gas companies to access visual notifications of methane and VOC emissions, helping oil and gas operators to identify leaks timely so that they can be repaired before any loss. This solution of the firm helps meet methane intensity and ESG goals as well as optimize operational processes. As of January 2023, Kuva's platform is being used by more than 20 oil and gas operators in the United States. Kuva Systems plans to use its proceeds from July 2024 funding to support market expansion and product development.

## Funding rounds

- Series A, Jun 9, 2022, $15M — Launchpad Venture Group, Clean Energy Venture Group, Dräger Holding International, Climate Innovation Capital

## Investors

- Launchpad Venture Group (https://capitalatlas.ai/funds/launchpad-venture-group) — Series A
- Clean Energy Venture Group (https://capitalatlas.ai/funds/clean-energy-venture-group) — Series A
- Dräger Holding International — Series A
- Climate Innovation Capital (https://capitalatlas.ai/funds/climate-innovation-capital) — Series A