Texas-Based Smart Process Imaging Company Raises $10.8 Million to Support Industrial Automation

Rocsole Ltd. was founded in 2012 by CEO Mika Tienhaara, who considered his team, marketing, and product to be the most integral parts of his up-and-coming business. Mika understood that adequate investment was necessary.

Yet, gaining the capital essential to guarantee disruption in the industry of industrial automation would prove to be a road paved with some obstacles. Mika knew that execution was key, and he had to execute a plan to garner investment. At that point, Mika was approached by Newchip. Mika agreed to a few interviews, where he was able to discuss his vision for Rocsole Ltd. 

He took interest in the ability to brainstorm, and formulate ideas and objectives to propel Rocsole Ltd. into what it would eventually become. Enthusiastic about his newfound relationships developed with other entrepreneurs utilizing Newchip, Mika began outlining the challenges that would oppose his vision. 

Mika went on to say that “founders and entrepreneurs are very people-focused and people-based, and I think that gives Newchip, well, it stands out!” Mika himself would begin to stand out in his sessions.

Mika found that getting into the mastermind sessions with his advisor was tremendously beneficial. 

They were able to start thinking about fundraising, at which point Mika found traction that would eventually lead to investment that would evolve Rocsole Ltd. into the industry innovator it is today. 

Through his willingness to brainstorm and engage with his peer group, Mika’s vision proved to be worth a whopping $10 million to interested investors. The result? Rocsole Ltd. is now the industry leader in smart process imaging, with an assortment of awards that attest to the company’s knack for crafting effective and innovative solutions.  

About Rocsole

Rocsole Ltd. is the leading smart process imaging company, with a keen focus on supporting operational teams to reduce OPEX, monitoring product quality, and helping avoid unplanned shutdowns through AI and deep-learning prediction solutions. Rocsole Ltd. products and technologies are backed by science and trusted by major industry leaders, including Shell and Equinor. Through their determination, innovation, and unparalleled resolve, Rocsole Ltd. received the Kauppalehti Growth Company 2021 Certificate and was selected as the S&P Global Platts Global Energy Awards winner in 2020.

Rocsole Ltd. is the world’s leading provider of non-nuclear tomographic technology for industrial processes, which are compatible with an array of industries. Rocsole Ltd. was established in 2012, and since then their solutions have remained trustworthy and innovative options—to effectively monitor deposition and flow regimes inside pipes and interfaces inside separator tanks. The R&D team of Rocsole Ltd. is constantly researching new ways to keep their clients on the leading edge of their industry. Suffice to say, Rocsole Ltd. has entered the tech industry with a bang. 

Are you looking for funding or looking to join an accelerator? Sign up for one of our info sessions!

Armando Vera Carvajal

Armando Vera Carvajal

Armando Vera Carvajal is a Vice President at Newchip, the largest global online accelerator focused on helping startups raise capital from professional investors. As one of the original product founders and pioneers, Armando is passionate about building new products with high potential for global reach and impact. Prior to Newchip, he was as a Research Manager at the Gerson Lehrman Group where he covered hedge fund clients in New York City involved in long/short, distressed credit, special situations, activist, and global macro investment strategies. Armando studied international relations and corporate communications at the University of Texas at Austin, along with global exchanges at the Nanyang Technological University in Singapore and at l’Institut d'études politiques de Paris (Sciences Po). Born in Mexico City, Armando immigrated to the United States of America when he was four years old and grew up in McAllen, Texas. His interests include painting, mountaineering, writing, film, world travel, kayaking, photography, reading, black coffee, running, and inspiring people to become agents of positive global change.

Leave a Replay