
Novi Labs
Machine learning driven well planning software platform for shale.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
investor | €0.0 | round | |
* | $35.0m | Growth Equity VC | |
Total Funding | 000k |
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Novi Labs provides a sophisticated artificial intelligence and machine learning platform tailored for the oil and gas industry. The company's core offering is a cloud-based analytics platform that assists energy operators and investors in making more informed capital allocation decisions.
By leveraging data-driven insights and predictive modeling, the software enables users to forecast well performance and optimize drilling strategies, thereby maximizing the economic value of their investments. The platform is designed to model complex geological and operational variables, providing a comprehensive tool for assessing the risk and return of new wells. The business model is centered on providing this advanced analytical capability as a service, targeting exploration and production companies that are looking to enhance their operational efficiency and investment returns through technology.
Keywords: energy analytics, oil and gas, artificial intelligence, machine learning, predictive modeling, drilling optimization, capital allocation, investment analysis, E&P technology, well performance
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Investments by Novi Labs
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