Round led by Pender Ventures, with participation from Climate Investment, Evok Innovations, and Occidental. New capital will accelerate deployment of the AI-enablement platform already running inside five OGCI member companies and regional operators, with expansion into adjacent industrial verticals underway.

CALGARY, AB, June 3, 2026 /PRNewswire/ – SensorUp Inc., the operational intelligence platform powering integrated operations across asset-heavy industries, announced today the close of a growth financing round led by Pender Ventures. The round includes participation from Climate Investment, Evok Innovations, and Occidental, a strategic investor and client.

SensorUp is the operational intelligence layer for asset-heavy industries: turning fragmented field data, engineering records, and sensor streams into auditable, agent-ready workflows. Operators use the platform today to surface underperforming wells before production is lost, to triage flare and vent events against regulatory thresholds, to coordinate turnaround readiness across thousands of components, to detect and resolve methane leaks, and to assemble emissions inventories that withstand regulator and capital-markets scrutiny, all on a single asset model rather than five disconnected tools.

The platform’s hardened components: asset hierarchy, calculations, review and approval, reporting, and workflow orchestration give customers, consultants, and AI agents a shared foundation to build on, with the auditability, security, and scalability that heavy industry requires. Adding a new use case is configuration, not a new product build. That same architecture is what makes the platform extensible beyond oil and gas, into power generation, utilities, mining, and chemicals, wherever distributed assets, multimodal data, and regulated operations meet.

The round was led by Pender Ventures, a venture capital firm focused on companies that drive the innovation economy as legacy systems are replaced with modern tools. As investors, they focus on finding companies with solutions that have proven their ability to increase revenue, reduce costs, and improve outcomes.

“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. Ultimately, we back teams, and this one has earned a level of operator trust that took years to build and would take competitors years to replicate.”

The capital will be deployed across three priorities aligned with SensorUp’s next phase of growth:

Accelerating customer deployment: Expanding SensorUp’s API framework, advancing zero-touch deployment, and scaling expansion through structured prototyping workshops that compress time-to-value from quarters to weeks.

Enhancing the agentic platform: Investing in advanced AI, modeling, and vertical-specific capabilities, including SensorUp’s Operations AI Agents — the production-grade agents that customers are deploying on top of the platform.

Fueling multi-vertical expansion: Building the data infrastructure, go-to-market, and customer success capacity to support a growing base of customers and the expanding scope of workflows running on SensorUp.

“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. This financing allows us to accelerate a roadmap our customers are actively driving.”

About SensorUp

SensorUp is the agentic system of action for heavy industry — the AI-enablement platform that turns operational chaos into orchestrated execution across distributed assets, multimodal data, and complex workflows. Forged in partnership with the world’s largest oil and gas operators and hardened across thousands of distributed assets, SensorUp is in production today with five OGCI member companies and a growing roster of regional operators, with expansion into adjacent industrial verticals underway. The company is headquartered in Calgary, Alberta. Learn more at sensorup.com.

About Pender Ventures

Pender Ventures is a venture capital investor focused on health tech and B2B technology companies at the inflection point between commercialization and scale. As a hands-on, high-conviction investor, Pender Ventures partners closely with founders to accelerate growth and build category-leading businesses.

With deep roots in the Canadian innovation ecosystem and the flexibility to invest across North America, the team operates from offices in Vancouver, Toronto, Montreal, and Calgary. Learn more at penderventures.com.

About Climate Investment

Climate Investment (CI) is an independently managed specialist investor focused on driving industrial decarbonization. It invests in companies aiming to drive high GHG impact in energy-intensive sectors, targeting opportunities that may deliver scaled, quantified carbon reduction alongside attractive risk-adjusted returns. The firm seeks to accelerate impact by investing and collaborating widely. It provides venture to growth capital to companies, and supports them across their business lifecycle, with the objective of delivering both measurable GHG impact and financial success

The firm has made over 40 investments across energy, industry, buildings, and transportation. CI’s portfolio companies offer solutions that avoid, reduce, recycle or store emitted methane or carbon dioxide. The firm reports its portfolio’s quantified GHG impact annually against a methodology it has co-developed with other investors to encourage adoption of common metrics. In the period 2019-2024 its portfolio companies collectively realized 133 million tonnes of CO2e1 of GHG reduction.

Climate Investment was founded by members of the Oil & Gas Climate Initiative. They have invested in Climate Investment funds and deployed many of its portfolio innovations, supporting their early commercial development. Visit www.climateinvestment.com.

About Evok Innovations

Evok Innovations is a leading climate-focused venture capital firm investing in hard tech solutions for heavy industry. We partner with exceptional entrepreneurs to scale transformative technologies in our focus areas of energy, mining & minerals, industrial optimization, and adaptation & resilience. 

Beyond capital, Evok delivers deep technical expertise, real-world operating experience, and unparalleled industry access through our network of global strategic partners. We work closely with our portfolio companies to bridge innovation to market adoption, accelerate commercialization, and create clear pathways to scale and exit.

For more information, please visit: evokinnovations.com.

About Occidental

Occidental is an international energy company that produces, markets and transports oil and natural gas to maximize value and provide resources fundamental to life. The company leverages its global leadership in carbon management to advance lower-carbon technologies and products. Headquartered in Houston, Occidental primarily operates in the United States, the Middle East and North Africa. To learn more, visit oxy.com.

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SOURCE SensorUp Inc

RAAMSDONKSVEER, Netherlands, June 3, 2026 /PRNewswire/ — PAL-V was honoured to attend the prestigious 75th anniversary event of the Dutch technology industry organisation FME, where the company was selected as one of the three nominees for the Peter Wennink Tech Award. The event reached a distinguished highlight when His Majesty King Willem-Alexander of the Netherlands visited the PAL-V delegation. In an engaging exchange with CEO Robert Dingemanse, the King explored the global potential of the emerging Advanced Air Mobility market or “flying car market”. Demonstrating genuine interest, His Majesty stepped into the cockpit of the PAL-V Liberty, experiencing firsthand the company’s pioneering first FlyDrive product. This royal engagement marks a defining moment for next-generation mobility, sending a powerful signal of confidence in PAL-V’s innovation and reinforcing its position at the forefront of a transformative global industry.

PAL-V was selected as one of the top three nominees for the Peter Wennink Tech Award by a distinguished four-member jury consisting of Peter Wennink (former CEO of ASML), Tjark Tjin-A-Tsoi (CEO of TNO), Hellen van der Plas (CEO of Signify) and Dirk de Bilde (CEO of Siemens). It reflects PAL-V’s pioneering approach, technological depth and its role in creating an entirely new mobility category with significant societal impact.

PAL-V’s FlyDrive solutions create a whole new market and addresses new needs, saving time, making many operations more effective and efficient. It is novel product category not competing with the many eVTOL (fly-only) initiatives confusingly often called flying cars too.

“We are pleased with the recognition as a key strategic OEM for the future of the Netherlands. Globally, we are known as one of the leaders in the major future industry of Advanced Air Mobility. With many suppliers and collaborations with universities, research institutes, and vocational colleges, we are already a key player in the ecosystem of sustainable aviation innovation. We have a strong patent position and unique know-how. What makes PAL-V special is not only the technology and the disruption in the market, but also the ecosystem behind it and its aviation certification capabilities for the world market” Robert Dingemanse, CEO of PAL-V elaborates.

Contact: Email: pressinfo@PAL-V.com 

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SHENZHEN, China, June 3, 2026 /PRNewswire/ — TCL Technology Group Corporation (000100.SZ) (“TCL TECH”) recently released its 2025 Environmental, Social and Governance (ESG) Report, marking the company’s 17th consecutive year of ESG disclosure. For the first time, the report presents TCL TECH’s unified ESG strategic vision focused on using advanced technology to drive sustainable transformation and build an efficient, low-carbon future that is inclusive, resilient, connected, and grounded in transparent governance.

In addition, the report comprehensively addresses financially material issues through a four-pillar framework of governance, strategy, risk management, and metrics and targets. To further solidify its commitment to ethical global operations, the company also launched the TCL TECH Global Code of Conduct.

Embedding Carbon Reduction Goals in Green Manufacturing

Driven by a comprehensive carbon reduction strategy, TCL TECH has further refined  its 2030 framework for controlling absolute carbon emissions and emissions intensity. The company’s sustainable footprint now includes 13 manufacturing facilities recognized as ‘Green Factories’ for meeting strict environmental standards. Validating this commitment against rigorous global benchmarks, 23 subsidiaries obtained ISO 50001 energy management system certification, 34 subsidiaries passed the ISO 14001 standard for environmental management systems, 33 products passed ISO 14067 carbon footprint verification, and 17 products obtained Evaluation Carbone Simplifiée (ECS) certification, demonstrating TCL TECH’s green management capabilities across the product lifecycle.

Through rigorous energy management and resource recycling, total renewable energy consumption exceeded 3.77 million MWh in 2025, and the water recycling rate at production sites reached 97.29%. Notably, TCL CSOT—a global leader in advanced display technologies and a subsidiary of TCL TECH—achieved a cumulative photovoltaic installation capacity of 145 MW, generating approximately 155 million kWh annually.

Championing Inclusiveness, Diversity, and Philanthropy

Driven by a people-first philosophy, TCL TECH continues to cultivate a resilient and diverse workforce. The company was included in the Forbes World’s Best Employers list for the third consecutive year, and female representation in mid- and senior-level management increased to 21.7%. Within its supply chain, TCL TECH ensures sustainable practices by integrating ESG requirements throughout the full-lifecycle management process, highlighted by TCL CSOT’s membership of the Responsible Minerals Initiative (RMI) and a 100% response rate for supplier due diligence reporting.

Beyond its corporate operations, the TCL Charity Foundation directed RMB 59.71 million (US$ 8.3 million) toward community impact initiatives in 2025. Key initiatives include the “TCL Ecological Forest” in Sanjiangyuan, the “TCL Smart Classroom” promoting educational equity, and the “TCL Solar Low-Carbon Campus” project, which has now been implemented in 35 schools to support the revitalization of rural areas.

Accelerating Sustainable Innovation Through “AI for Real”

In 2025, TCL TECH adopted “AI for Real” as its core R&D strategy, fully integrating artificial intelligence across the R&D and manufacturing value chain. This innovation-driven momentum is underpinned by a transparent governance framework that builds a solid foundation through compliant operations and strict business ethics. As AI scales across the enterprise, TCL TECH ensures mission-critical data security and compliance through rigorous risk management and internal control mechanisms. By establishing a robust culture of integrity and governance that is strengthened by regular compliance training, multiple reporting channels, and strict accountability, the company fosters the transparency and trust required to support its strategic goals.

In the past year, this secure innovation environment resulted in 3,075 newly granted patents and IP rights and 109 innovative research projects. Notable breakthroughs include TCL CSOT’s quasi-natural light spectrum display—the world’s first to earn Quasi-Natural Light Spectrum EX certification—and the launch of the TCL Solar T5 Pro multi-slice high-density module, which leverages technological upgrades to deliver a step-change in energy efficiency and help accelerate the global green energy transition.

Looking ahead, TCL TECH remains steadfast in its mission to build a sustainable, connected future through advanced technology, working in collaboration with global partners to advance industry innovation.

About TCL Technology

Founded in 1981, TCL, short for “The Creative Life,” is a global technology leader specializing in display technologies and sustainable energy solutions. TCL Technology Group Corporation emerged from a 2019 restructuring to focus on capital-intensive high-tech industries including displays, new-energy photovoltaics, and materials. As a subsidiary of TCL TECH, TCL CSOT has become a global leader in display technology. Its share of the global TV panel market is the second-largest overall, and it is No. 1 in gaming display panels. The company continues to pioneer next-generation display technologies, including Micro LED, Mini LED, IJP OLED displays, and light field displays. As the world’s largest producer of solar-grade silicon crystals and a leading player in the global silicon wafer market, TCL TECH’s subsidiary TZE maintains competitive advantages in G12 and N-type solar materials through advanced technologies. 

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SOURCE TCL Technology Group Corporation