Bridger Photonics Raises $55M in Funding

Bridger Photonics, Inc., a Bozeman, MT-based provider of aerial methane detection, localization, and quantification across the natural gas value chain, raised $55m in funding.

A Montana-based syndicate, Beaverhead Partners LLC, has invested $55 million in the company to support its growth. The syndicate is composed of Bozeman-based Madison Valley Partners, sustainability and climate action focused Carica Sustainable Investments, and Bozeman-based Next Frontier Capital.  Beaverhead Partners LLC, has invested $55 million in the company to support its growth.

Led by CEO Pete Roos, Bridger developed Gas Mapping LiDAR™, a methane detection technology for the oil and gas industry to detect and manage emissions. Bridger mounts its laser sensors on small aircraft, scans oil and gas infrastructure, and provides gas plume images, GPS coordinates, and accurate quantification of methane leaks across the entire natural gas value chain. This information is used by energy companies to efficiently reduce their methane emissions. While Bridger’s team and manufacturing are based in Bozeman, it scans for emissions throughout all major oil and gas production basins in North America. Bridger also scans natural gas transmission pipelines and distribution service networks for utility companies. Major clients include ExxonMobil, Southern California Gas Company, Diversified Energy, Devon Energy, Cenovus Energy, Chesapeake Energy, and many others who use the company to detect methane emissions so they can lower greenhouse gas emissions and meet sustainability goals.  

Bridger Photonics Raises $55M in Funding. Congratulations to the entire team. I wish you great success in this endeavour.

Shishir Gupta, Founder and CEO, StartupLanes

Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.

If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.

You can subscribe to our news posts by entering your email in the box on the right side of this page.

Check out our YouTube channel for insightful content from the Indian startup ecosystem.

Or join our Whatsapp group to interact with other founders: Yes, I want to join the Whatsapp group.

The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.

Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business. For any rectifications, reach out to