Stingray announces funding round results

Stingray Geophysical, a provider of Seismic PRM solutions, has announced the successful completion of its latest funding round.

Existing shareholders Energy Ventures, Cody Gate Ventures, Chevron Technology Ventures and Statoil Venture, together with non-executive chairman Magne Sveen and chief executive Martin Bett, have invested £3.2m growth equity in the company.