Formation 8, GE Ventures lead $10.5 mln Series A for Motive Drilling Technologies

Motive Drilling Technologies, a drilling decision-automation company based in Dallas, raised $10.5 million in a Series A funding round led by Formation 8 and GE Ventures. The company was formed in Hunt Energy Enterprises LLC, a venture startup incubator within Hunt Consolidated Inc.

18 February 2016•3 mins read
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