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Kairos Aerospace, Rebranding as Insight M, Raises $52 Million in Series D Funding

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Kairos Aerospace, Insight M, BlackRock


Kairos Aerospace, the leader in high-frequency aerial methane detection for the energy industry, announced the initial closing of its Series D funding at $52 million. The round was led by funds and accounts managed by BlackRock, with participation from Hartree Partners, as well as existing investors DCVC, Climate Investment (an investment firm backed by 12 of the largest oil and gas companies in the world), and Energy Innovation Capital. Kairos will be rebranding as Insight M to better align with its go-forward vision, a change that will officially launch later in Q1.

There is a growing demand in the oil and gas industry for Insight M’s emission solutions, which not only deliver profits to operators but also provide them with proof of environmental stewardship. Insight M uses its proprietary technology to capture methane emissions data on the assets of their customers along with the entire given oil and gas basin.

Read more at Newswire