NovAzure Helps Electric Vehicle Charging Company Secure $3M Funding Round

About The Client

A mid-size O&G company operating in the Middle East and the US.

Challenges or Requirements

We were approached by the client to assess a potential investment in a Middle East drone company that is proposing drone inspection and preventative maintenance powered by AI, applicable to Production facilities and Pipelines. 

How NovAzure help them?

We performed due diligence on the company – assessing the overall drone market, the company’s assets, operations, teams, financial projections and customer/deal pipeline, leveraging on our proprietary insights as well as through focused interviews. We also provided a valuation estimation of the company to provide our client with targeted insight for their deal negotiation. 

What value is created

The client was able to make an informed investment decision looking at the potential and strategic alignment with the target company.


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