Salamander Solutions is a spinout from Shell and was incorporated in March 2017 as a provider of breakthrough heater systems for the oil and gas sector. Salamander is based on an extensive R&D and piloting effort in Shell that was focused on the unlocking of massive heavy oil and oil shale resources on the basis of subsurface heating concepts.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 07/02/18 | $7,000,000 | Series A |
Eden Rock Group Frontive Holding MCAAA Holding Shell Technology Ventures | undisclosed |
