# Performance Rotors Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/performance-rotors-pte

- Industry: Aerospace
- Headquarters: Singapore, Singapore
- Website: www.performance-rotors.com
- Total disclosed funding: $3.5M
- Latest round: Series A (Dec 30, 2021)
- Investors on record: 4

## About

Based in Singapore, Performance Rotors Pte Ltd. develops innovative drone and robotics solutions for data acquisition in challenging environments, primarily serving the Oil and Gas sector with advanced inspection technology.Performance Rotors Pte Ltd. is a Singapore-based company founded in 2016 by Keith Ng, who serves as both the CEO and Founder. The company focuses on providing drone solutions tailored to environments lacking GPS or requiring confined space operations. It has successfully completed six deals, raising a total of USD 1.590 mn in its latest funding round, Series A, with investors such as Bond, Schulte Group Innoport, and Vopak Ventures. The company is headquartered in Singapore.Performance Rotors specializes in advanced drone and robotics solutions designed for data acquisition in environments where GPS is unavailable or confined, particularly within the Oil and Gas sector. Their offerings include drone technology that encompasses Non-Destructive Testing (NDT) for safety and efficiency in maritime inspections. The company serves clients across North America, Europe, and Asia, providing customized inspection solutions that integrate seamlessly with digital asset management systems for effective data tracking and analysis.In the most recent fiscal year of 2023, Performance Rotors reported a revenue of USD 1,345,615.20, alongside an EBITDA of USD -994,122.60. Their revenue model is centered around partnerships and B2B transactions in the maritime and industrial sectors, offering service packages that include drone inspections and data analysis tailored to client needs.Performance Rotors Pte Ltd. plans to leverage its recent funding from August One to design and launch new products, enhancing its service offerings in the drone inspection space. The company aims to expand its market reach into new geographic regions, targeting additional sectors within the Oil and Gas industry. The funding will support the development of new technologies and the enhancement of existing products, positioning the company for sustained growth in both current and emerging markets.

## Funding rounds

- Series A, Dec 30, 2021, $1.6M — Bond, Schulte Group Innoport, Vopak Ventures
- Series A, Jul 24, 2020, $1.4M — Schulte Group Innoport, Vopak Ventures
- Seed, Jun 14, 2019, $0.5M — Schulte Group Innoport, She1K

## Investors

- Schulte Group Innoport (https://capitalatlas.ai/funds/schulte-group-innoport) — Seed, Series A
- She1K (https://capitalatlas.ai/funds/she1k) — Seed
- Vopak Ventures (https://capitalatlas.ai/funds/vopak-ventures) — Series A
- Bond (https://capitalatlas.ai/funds/bond) — Series A