Total Energy Ventures Takes Part in OpenField’s 2.7 Million U.S. Dollars Fundraising

 Houston, 6 May 2014 – OpenField, a technology start-up specializing in micro sensors for the Oil & Gas industry, announced the successful completion of a 2.7 million U.S. dollars capital increase by way of fundraising, opening its share capital to Total Energy Venture amongst other business angels and institutional investors from the O&G industry.
“For a start-up such as OpenField, developing highly innovative technology requires a large amount of investment in terms of engineering and equipment. With the support and recognition of a leading oil company such as Total, we are now able to validate our new generation of low-cost/low-power micro-sensors through field operations, boost our R&D efforts and accelerate our international development” says Eric Donzier, CEO of OpenField.

Learn more about the successful capital raise operation here.