Hifi Engineering
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 27.0m | 32.5m | 36.8m |
% growth | - | 20 % | 13 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | CAD5.4m | Early VC | |
$5.4m | Early VC | ||
$2.4m | Grant | ||
$10.0m | Early VC | ||
N/A | $3.4m | Grant | |
Total Funding | €22.9m |
Recent News about Hifi Engineering
EditHifi Engineering is a Canadian company specializing in the development and supply of advanced fiber optic sensing technologies and machine learning software. The company serves clients in the oil and gas industry, utilities, and other sectors requiring high-fidelity monitoring of critical infrastructure. Hifi's core product is a turnkey distributed fiber optic sensing system that includes sensors, hardware, visualization software, and AI algorithms. These systems are primarily used for preventative leak detection in pipelines and monitoring linear assets and community infrastructure. The company operates in the North American market and generates revenue through the sale and maintenance of its sensing systems, as well as through service contracts for data monitoring and analysis. Hifi's technology is recognized for its high accuracy and reliability, and the company has achieved SOC2 compliance, ensuring robust data security and privacy standards. Key clients include major energy companies and infrastructure operators.
Keywords: fiber optic sensing, AI monitoring, leak detection, pipelines, critical infrastructure, machine learning, SOC2 compliance, oil and gas, data security, turnkey systems.