What is DeepStream Technologies?
DeepStream Technologies, established in 2016 and headquartered in London, operates as a business-to-business (B2B) online platform. Its core function is to efficiently connect buyers and suppliers within the Oil & Gas and energy infrastructure industries. By streamlining procurement and supply chain processes, DeepStream aims to enhance operational efficiency and foster collaboration across the energy sector. The company's focus on digital transformation within a traditionally complex industry positions it for substantial expansion.
How much funding has DeepStream Technologies raised?
DeepStream Technologies has raised a total of $7M across 1 funding round:
Series A
$7M
Series A (2021): $7M with participation from Portfolio Ventures, Conviction VC, and Seed X Liechtenstein
Key Investors in DeepStream Technologies
Portfolio Ventures
Portfolio Ventures has been a significant backer, involved in multiple funding rounds and noted for sourcing a substantial portion of capital. Their involvement highlights a strong belief in DeepStream's business model and its potential within the energy sector.
Seed X Liechtenstein
Seed X Liechtenstein is an early-stage venture capital firm specializing in Fintech, Insurtech, Proptech, and Legaltech. Their investment in DeepStream suggests a strategic interest in innovative B2B platforms that leverage technology to disrupt traditional industries, even outside their core focus areas.
Conviction VC
Conviction VC, an investor in this round, contributes to DeepStream's strategic growth. While specific details of their investment focus are not provided, their participation indicates a commitment to supporting companies with strong market potential.
What's next for DeepStream Technologies?
The recent influx of capital, particularly the strategic investment, signals a new phase of aggressive scaling for DeepStream Technologies. This funding is likely to be deployed towards enhancing platform capabilities, expanding its user base across new geographical markets, and potentially forging deeper partnerships within the energy ecosystem. The company's trajectory suggests a strong focus on solidifying its market leadership and driving further innovation in B2B energy procurement solutions.
See full DeepStream Technologies company page
