Fundraising FoxBymmt
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MMT develops nondestructive testing instrumentation to measure mechanical properties of oil and gas pipelines without service interruption, using patented frictional sliding technology and AI modeling. The company serves pipeline operators and regulatory agencies seeking to extend infrastructure life while reducing testing costs and ensuring safety.
Investors · 1
Non-dilutive funding · 3 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| Department of Energy | Phase I | 2022 | $200K |
| National Science Foundation | Phase II | 2017 | $750K |
| National Science Foundation | Phase I | 2016 | $149.9K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does Bymmt do?
- MMT develops nondestructive testing instrumentation to measure mechanical properties of oil and gas pipelines without service interruption, using patented frictional sliding technology and AI modeling. The company serves pipeline operators and regulatory agencies seeking to extend infrastructure life while reducing testing costs and ensuring safety.
- Who are Bymmt's investors?
- Bymmt's investors include Houston Angel Network.