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Qube Technologies Secures Series B Funding From Riverbend Energy Group

PRIVATEOct 02, 2023

Round Type

Series B

CalgarySustainabilityNatural Resources

Investors

Alex Mac GregorIan BruceNorth West Capital PartnersScf VenturesEric DanzigerRiverbend Energy Group

Description

Qube Technologies (“Qube”), the global leader in cost-effective and accurate continuous emissions monitoring technology, is excited to announce it has secured Series B funding from Riverbend Energy Group (“Riverbend”).

Quick answer

Qube Technologies raised an undisclosed amount in a Series B round, dated October 2, 2023. Investors: Alex Mac Gregor, Ian Bruce, North West Capital Partners, Scf Ventures, Eric Danziger and Riverbend Energy Group. Qube Technologies is based in Calgary, Alberta, Canada.

How much did Qube Technologies raise?
Qube Technologies raised an undisclosed amount in a Series B round on October 2, 2023.
Who invested in Qube Technologies?
Alex Mac Gregor, Ian Bruce, North West Capital Partners, Scf Ventures, Eric Danziger and Riverbend Energy Group are named as investors in this round.
What does Qube Technologies do?
Qube is a Calgary-based technology company that has developed a low-cost environmental surveillance technology.
Where is Qube Technologies based and how big is it?
Qube Technologies is based in Calgary, Alberta, Canada.
Who are the decision-makers at Qube Technologies?
Fundz holds 1 contact at Qube Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Sustainability and Natural Resources around the same time

Companies in the same sectors as Qube Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Antora Energy raised $4M (Funding Round) on November 15, 2023.
  • Common Energy raised an undisclosed amount (Funding Round) on November 15, 2023.
  • Omnidian raised $25M (Funding Round) on October 29, 2023.
  • BKV Corporation raised $150M on September 26, 2023.
  • Yotta Energy raised $8M (Funding Round) on September 19, 2023.
  • Erthos raised $24M on September 11, 2023.

Who to call at Qube Technologies, and when

A new round usually means Qube Technologies is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Qube Technologies

Location

Calgary, Alberta, Canada

About

Qube is a Calgary-based technology company that has developed a low-cost environmental surveillance technology. Our mission is to help primary industries, such as oil and gas, cost-effectively detect, quantify, and reduce methane and other emissions. Qube is currently working with leading operators across Canada and the US and has support from a wide range of investors and government bodies. Please visit www.qubeiot.com for more information.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Qube Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.