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DeepFlex
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Developer of a non-metalic, flexible, low weight, highly-insulated, corrosion-free pipe which can enable new, lower cost solutions for transporting fluids or carbon capture and sequestration

Founded in 2004
Founded in

Company type Bankrupt Public ()
Company type

Industry Group materials & chemicals

Sector carbon capture usage & storage (ccus)

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Houston, TX Houston, United States
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Date Partner Type
01/18/2012
Petrobas Petrobas
Deepflex and Petrobas are working together on a qualification testing program on patented composite flexible fiber reinforced pipe components.
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Confirmed by Petrobas
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IPO INFORMATION

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Date Investors Type Amount
04/08/2013 AEM Capital AEM Capital , Promon Group Promon Group , Energy Ventures Energy Ventures , Klaveness Marine Klaveness Marine , Mobelmagasinet Tvedt Mobelmagasinet Tvedt , Mantiq Investimentos Mantiq Investimentos , Mare Investimentos Mare Investimentos (7)
Post-money valuation of
The investment will support the company’s development plan to establish a manufacturing center in Brazil.
Growth Equity
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Products
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Product image Name Product status Revenue model Cost metrics

Flexible Hybrid Reinforced Pipe

Reinforced pipes designed from a combination of composite, polymers, and steel materials.

Wide Commercial Availability Products - Wholesale
$/kW (current)
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