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§ Private Profile · Butte, MT, USA
Biomineralization technology seals methane leaks and restores well integrity in oil and gas wells using natural bacteria to form limestone.
Based in Butte, Montana, BioSqueeze provides commercial biomineralization services that utilize naturally occurring soil bacteria to permanently seal methane leaks in active and abandoned oil and gas wells. The company injects low-viscosity nutrient fluids into compromised wellbores to precipitate solid limestone barriers, eliminating gas flow across more than 150 sealed wells throughout North America. Operating with a workforce of approximately 50 employees, the enterprise generates revenue through business-to-business contracts focused on sustained casing pressure remediation and orphaned well mitigation. BioSqueeze has secured significant venture capital, including a $7.4 million Series A round, supported by institutional investors like Ara Partners and Next Frontier Capital. Additionally, the organization leverages technology originating from Montana State University and has received federal research grant funding from DARPA. BioSqueeze was founded in 2019 by co-founders Randy Hiebert, Jay McCloskey, and Robert Hyatt.
BioSqueeze has raised $7.4M across 1 funding round.
BioSqueeze has raised $7.4M in total across 1 funding round.
BioSqueeze has raised $7.4M across 1 funding round. Most recently, it raised $7.4M Series A in February 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 22, 2023 | $7.4M Series A | Subodh Gupta | Next Frontier Capital, Riverstone Holdings, Zero Infinity Partners | Announced |
BioSqueeze has raised $7.4M in total across 1 funding round.
BioSqueeze's investors include Subodh Gupta, Next Frontier Capital, Riverstone Holdings, Zero Infinity Partners.