Climate Investment increases its support for Kairos Aerospace
20 August 2021
Kairos Aerospace, a leading identifier of oilfield methane leaks and part of the Climate Investment’s portfolio since 2018, has announced the closing of a $26 million Series C-1 funding round. Funding was led by DCVC, and Climate Investment, John Crane and Energy Innovation Capital participated as returning investors.
Kairos uses cutting-edge methane detection algorithms and proprietary sensor hardware to help the oil and gas industry to detect and eliminate methane leaks. The latest funding will allow Kairos to expand globally and develop the next generation of instruments to increase sensitivity and provide cost-effective, efficient methane reductions at scale.