Calgary-based SensorUp has closed a growth financing round to scale its agentic operations platform for heavy industry.
The round was led by Pender Ventures, with participation from Climate Investment, Evok Innovations, and Occidental, which is both a strategic investor and client of the company. SensorUp did not disclose the size of the financing.
SensorUp describes its platform as an operational intelligence layer for asset-heavy industries, turning fragmented field data, engineering records, and sensor streams into auditable, agent-ready workflows.
The company’s technology is already being used by operators to identify underperforming wells before production is lost, triage flare and vent events against regulatory thresholds, coordinate turnaround readiness across thousands of components, detect and resolve methane leaks, and assemble emissions inventories that can withstand regulatory and capital-markets scrutiny.
SensorUp said its platform is built on a single asset model rather than disconnected tools, with hardened components including asset hierarchy, calculations, review and approval, reporting, and workflow orchestration.
The Calgary company said the same architecture that supports oil and gas customers can also extend into adjacent industrial sectors, including power generation, utilities, mining, and chemicals.
“Industrial software has been waiting for a platform with both genuine architectural differentiation and the field credibility to deploy it at scale. SensorUp has both,” said Cheri Corbett, Partner at Pender Ventures. “Their ontology-based data fabric, their position inside the world’s most demanding industrial operators, and the way customers are pulling them into agentic workloads make this exactly the kind of inflection-point company our fund was built to back.”
SensorUp said the new capital will be deployed across three priorities: accelerating customer deployment, enhancing its agentic platform, and fueling expansion into multiple industrial verticals.
That includes expanding SensorUp’s API framework, advancing zero-touch deployment, and scaling structured prototyping workshops designed to compress time-to-value from quarters to weeks.
The company also plans to invest in advanced AI, modeling, and vertical-specific capabilities, including SensorUp’s Operations AI Agents, which it describes as production-grade agents customers are deploying on top of the platform.
“Our customers are eager to deploy AI strategies, but they need a trusted platform and partner to design and build solutions with them,” said Julia Hole, Chief Financial Officer of SensorUp. “SensorUp was forged in the highly complex environment of methane detection, resolution, and measurement at global scale. That foundation naturally positions us to take on our customers’ next most pressing data challenge: operationalizing AI for tangible ROI.”
Hole added that the financing will allow SensorUp to accelerate a roadmap its customers are actively driving.
SensorUp said its platform is currently in production with five OGCI member companies and a growing roster of regional operators, with expansion into adjacent industrial verticals underway.
Headquartered in Calgary, SensorUp positions itself as an agentic system of action for heavy industry, helping operators turn operational complexity across distributed assets, multimodal data, and complex workflows into orchestrated execution.
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