Montana-Based Group Invests $55M In Home-Grown High-Tech Methane Detection Company, Bridger Photonics, Inc.

Sep 01, 2022•over 3 years ago

Amount Raised

$55 Million

BozemanOil And Gas

Description

Bridger Photonics, Inc. (Bridger) announced today that Montana-based syndicate, Beaverhead Partners LLC, has invested $55 million in the company to support its rapid growth. The syndicate is composed of Bozeman-based Madison Valley Partners, sustainability and climate action focused Carica Sustainable Investments, and Bozeman-based Next Frontier Capital. Each of the investors has strong ties to Montana and each is building core holdings in climate-centered technology companies

Company Information

Company

Bridger Photonics

Location

Bozeman, Montana, United States

About

Bridger is the global leader in aerial methane detection for oil and gas operators throughout the natural gas value chain, helping them detect, locate, and mitigate methane leaks from operations. Bridger detects methane with its patented and state-of-the-art laser technology sensors and provides companies like ExxonMobil, Chevron, and Phillips 66, among others, with data that helps them quickly and efficiently stop methane emissions.

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Montana-Based Group Invests $55M In Home-Grown High-Tech Methane Detection Company, Bridger Photonics, Inc.

Description

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