CM Venture Capital portfolio company iRock Technology had won two National Projects from the Ministry of Natural Resources

August 31, 2020

CM Portfolio company iRock Technology (“iRock”) had won the bid of two national projects during June and July 2020, the total worth of RMB 30 million. 


From June to July, iRock successfully won the bid of “Analysis of Key Parameters of Important Cores” and “Development of Digital Information Platform for Oil and Gas Core and High Precision Parameter Test” by the Natural Resources Physical Geological Data Center of China Geological Survey Bureau under the Ministry of natural resources of China.

The Ministry of Natural Resources of China has reiterated the importance of the digitization of core information on reserve assessment and records, and information sharing of expert database of different natural resources departments on its recent notice in May. 


As the earliest professional company dedicated to digital core research, iRock has the capability of full-scale scanning analysis and the world’s leading digital core research technology, and is committed to its mission to “make resources more visible”. The business mainly covers the technical fields of “digital core integrated service for oil and gas exploration and development”, “geo Intelligent Cloud digital core gene library” and “oil and gas field intelligent solutions”. The company has successfully won two benchmarking projects for digital core analysis by the Ministry of natural resources, which will open a new chapter in the domestic market of digital core analysis, and will become the industry leader in the field of digital core analysis.


iRock will take this opportunity to adhere to the mission of “leading the global core digitization and promoting the intelligence of the resource industry”, closely cooperate with the academic and industrial circles, and lead the development of the core analysis industry in the era of big data and artificial intelligence.