On August 27, 2019, Interface Fluidics Limited announced its $6 million Series A financing round for its nanotechnology platform that optimizes oil production. Interface Fluidics Limited sees this investment as a strategic opportunity to accelerate the technology development, which will result in significant increased oil recovery, revenue growth, and cost reduction to the company’s operations.
Interface Fluidics Limited is a Calgary-based oil field laboratory services company that leverages technology from the biomedical industry, adapting it to the oil and gas sector.
Osler, Hoskin & Harcourt LLP advised Interface Fluidics Limited with a team led by Frank Turner and consisting of Jacob Young and Carson Wetter (Corporate).