PrePad provides advanced software solutions for optimizing capital lifecycle management, execution tactics, and asset development in the oil and gas drilling and completion industries.
DG Matrix
Seed Round in 2025
DG Matrix is a company that specializes in innovative energy storage and solar solutions aimed at promoting the electrification of various sectors, including electric vehicles. Their offerings include single-unit L3 DC fast charging technology, designed for efficient and optimized charging solutions. DG Matrix focuses on integrating its technologies with microgrids and energy infrastructure to provide effective services for electric vehicle charging, fleet charging, and power electronics. By prioritizing reduced material usage and a smaller ecological footprint, the company aims to achieve significant emissions reductions on a large scale, making electrification more accessible and affordable for clients.
Resource Chemical
Venture Round in 2025
ReSource Chemical is a company based in Berkeley, California, focused on developing high-performance plastics derived from carbon dioxide. The company utilizes a proprietary bio-based platform to create chemicals that enable the production of environmentally friendly plastics with superior physical properties compared to traditional fossil fuel-based plastics. By converting CO2 into these innovative materials, ReSource Chemical aims to provide sustainable alternatives that do not contribute to environmental pollution.
ElectraLith
Series A in 2025
ElectraLith is a company focused on the development of direct lithium extraction and refining technology aimed at enhancing the efficiency and sustainability of lithium production. Its innovative technology utilizes electricity to extract and refine lithium, significantly reducing costs for producers of both brine and hard rock lithium. By enabling clients to achieve more affordable lithium production from various feedstocks worldwide, ElectraLith positions itself as a key player in the evolving lithium market, addressing the increasing demand for this essential resource.
Zitara Technologies is a San Francisco-based company founded in 2019 that specializes in predictive battery management software tailored for electric fleets. The company develops both cloud-based and embedded solutions that deliver comprehensive battery analytics, including simulation, planning, and real-time operational insights. By focusing on enterprises with large battery deployments, Zitara's platform enhances safety and extends the longevity of battery systems, making it a valuable resource for grid-scale and residential energy storage applications.
Radiant is a clean energy startup based in Los Angeles, California, that specializes in the development of portable nuclear microreactors. Founded in 2019, the company aims to provide an alternative to fossil fuels for both military and commercial applications. Its flagship product, the Kaleidos microreactor, is designed to fit within a shipping container, allowing for transportation by air, ship, and road. This innovative microreactor serves as a zero-emissions power source, making it particularly suitable for remote locations and critical applications where traditional diesel generators are typically used.
ZENRG Services
Series A in 2024
ZENRG Services offers piping services through fluid transfer services in the oil and gas sector.
PQShield Ltd is a company based in Oxford, United Kingdom, that specializes in providing quantum-secure cryptographic solutions to enhance cybersecurity in the face of emerging quantum computing threats. Founded in 2018, PQShield develops a range of products including PQSoC, a toolkit for post-quantum system on chip crypto co-processors; PQSDK, which integrates post-quantum primitives with the OpenSSL API; and PQE2E, a software development toolkit for secure data messaging using post-quantum algorithms. The company focuses on securing technology infrastructures across various domains, offering both ready-made and customized intellectual property to facilitate the transition from traditional cryptographic standards, such as RSA and Elliptic Curve, to quantum-safe alternatives. Through its innovations, PQShield aims to safeguard sensitive data and communications, contributing to the advancement of robust digital security in an evolving technological landscape.
Strohm
Venture Round in 2024
Strohm is a private supply chain company specializing in the offshore wind-to-hydrogen sector. It manufactures fully bonded, thermoplastic composite pipes designed for various applications in the offshore oil and gas industry. Strohm's product offerings include downlines, well intervention hoses, jumpers, spools, offshore flowlines, and risers. These composite pipes are lightweight, high-strength, and corrosion-resistant, providing significant cost and operational advantages for clients engaged in subsea intervention and production activities. Through its innovative solutions, Strohm aims to enhance efficiency and reliability in the energy sector.
Claroty
Venture Round in 2024
Claroty Ltd. is an industrial cybersecurity company based in New York, established in 2014. It specializes in operational technology (OT) security, providing a platform that helps organizations protect and optimize their OT, IoT, and IIoT assets. Claroty's services focus on discovering critical data within industrial networks, including industrial control systems and supervisory control and data acquisition (SCADA) systems. The company's platform integrates seamlessly with existing infrastructure to deliver comprehensive cybersecurity controls, including visibility, threat detection, risk and vulnerability management, and secure remote access. This approach enables organizations to enhance the safety and reliability of their assets and networks while minimizing downtime and improving operational efficiency.
SwissDrones
Series B in 2024
SwissDrones is an aviation company focused on the development, manufacturing, and operation of long-range unmanned helicopter systems tailored for commercial and public safety applications. The company’s innovative twin-rotor aircraft are engineered to serve as cost-effective alternatives to manned helicopters, significantly reducing carbon emissions and minimizing risks to crew members during operations in adverse weather conditions. SwissDrones' systems are particularly useful for aerial surveillance, search and rescue operations, and the inspection of critical infrastructure. They support the integration of advanced sensor payloads and facilitate long-range, beyond visual line of sight operations, enabling effective missions both day and night with a multi-hour endurance.
Li Industries
Series B in 2024
Li Industries is a start-up focused on advancing lithium-ion battery recycling technologies. The company specializes in the recovery of valuable materials such as lithium, cobalt, and nickel from end-of-life batteries used in electric vehicles, consumer electronics, and other energy storage systems. By utilizing innovative direct recycling technology and a scalable electrochemical flow system, Li Industries aims to extract these essential metals efficiently and sustainably. This process not only reduces environmental waste but also supports the production of new batteries from recycled components. By optimizing the recovery and treatment of these materials, Li Industries contributes to lowering energy consumption and emissions in the battery production process, ultimately fostering a more sustainable supply chain for battery manufacturing.
Linova Energy
Series A in 2024
LiNova Energy is a developer of advanced battery technologies focused on creating ultra-high energy density batteries. The company utilizes a unique Polymer Cathode combined with a 3-D Lithium Metal anode, a non-flammable electrolyte, and a dendrite-blocking membrane to provide an innovative energy storage solution. This design significantly reduces the cost of cathode active materials by over 75%, while also minimizing battery weight and cutting CO2 emissions related to traditional cathode material production by more than 85%. LiNova Energy's products are designed to deliver higher energy output and faster charging capabilities compared to conventional batteries, making them a sustainable and efficient choice for energy storage.
Raven
Venture Round in 2024
Raven is a producer of green hydrogen and synthetic fuels using organic waste. They transform waste destined for landfills into environmentally friendly, efficient, and profitable clean hydrogen and Fischer-Tropsch synthetic fuels with our patented Steam/CO2 Reformer technology. Raven was in 2018 and is based in Pinedale, Wyoming.
Claroty
Venture Round in 2024
Claroty Ltd. is an industrial cybersecurity company based in New York, established in 2014. It specializes in operational technology (OT) security, providing a platform that helps organizations protect and optimize their OT, IoT, and IIoT assets. Claroty's services focus on discovering critical data within industrial networks, including industrial control systems and supervisory control and data acquisition (SCADA) systems. The company's platform integrates seamlessly with existing infrastructure to deliver comprehensive cybersecurity controls, including visibility, threat detection, risk and vulnerability management, and secure remote access. This approach enables organizations to enhance the safety and reliability of their assets and networks while minimizing downtime and improving operational efficiency.
Sea Machines Robotics
Venture Round in 2024
Sea Machines Robotics, headquartered in Boston, Massachusetts, specializes in developing and manufacturing advanced autonomous control and navigation systems for the commercial marine industry. Established in 2014, the company produces systems like SM300 for remote vessel command, SM200 for collaborative operations, SM400 for AI-powered situational awareness on container ships, RC NXT for PLC-based wireless control, and DP-NXT for crew reduction or elimination on vessels. Sea Machines offers solutions for various unmanned applications, including bathymetric surveys, AUV-tendering, subsea asset inspection, passive acoustic monitoring, and dual towing.
Ionomr Innovations
Series A in 2023
Ionomr Innovations Inc. is a Canadian company specializing in the design, adaptation, and manufacture of advanced ion-exchange membranes and polymer technologies. Founded in 2013 and based in Vancouver, Ionomr is focused on providing solutions for clean technology applications, including water treatment, energy storage, and hydrogen production. Their Aemion membrane systems are notable for being alkaline-stable, highly durable, and versatile, enabling clients to improve performance while minimizing environmental impact. By replacing toxic fluorinated chemicals with eco-friendly hydrocarbon alternatives, Ionomr aims to reduce pollution and enhance the sustainability of electrochemical systems. The company also offers chemical engineering services, further supporting the integration of its innovative materials into various applications, contributing to the development of cleaner and more resilient energy solutions.
Malta
Venture Round in 2023
Malta Inc. is a developer of innovative industrial-grade energy storage solutions based in Cambridge, Massachusetts. Founded in 2018, the company focuses on a unique electro-thermal energy storage system that captures energy from diverse sources including wind, solar, and fossil fuels. This system converts electrical energy into thermal energy and stores it in molten salt, allowing for energy to be held for extended periods. When demand arises, the stored thermal energy is reverted back into electrical energy and dispatched to the grid, ensuring a reliable supply of electricity. Malta's technology addresses challenges such as wind and solar curtailment and enhances the efficiency of electricity distribution and transmission, thus playing a pivotal role in delivering affordable and timely energy to the market. Incubated at X, the Moonshot Factory, the company is backed by prominent venture capital and commercial partners in the power industry.
Oxford Quantum Circuits
Series B in 2023
Oxford Quantum Circuits is a developer of advanced quantum computing technology that aims to address significant global challenges, such as climate change and drug discovery. The company focuses on creating unique superconducting circuits essential for quantum computation, ensuring high-quality qubit control and maintaining operational efficiency. Their quantum computers are fully integrated units, comprising the necessary control systems, hardware, and software, which enable customers to enhance their operations, innovate new methodologies, and tackle pressing issues. Through its pioneering technology, Oxford Quantum Circuits contributes to groundbreaking advancements that hold the potential for transformative impacts across various industries.
Infinitum
Series E in 2023
Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.
Hess Corporation
Acquisition in 2023
Hess Corporation is a leading global independent energy company primarily engaged in the exploration and production of crude oil and natural gas. Hess Corporation has developed apps like Hess Jet and Hess Chopper. This company was founded in 1993.
Immaterial
Series A in 2023
Immaterial is a manufacturer and developer of highly porous nanomaterials specifically designed for the storage and separation of gas molecules. The company's super-adsorbent nanomaterials can be integrated into gas tanks to enhance storage capacity while maintaining the same pressure and volume. This innovation significantly reduces the costs associated with the separation, storage, and transportation of gas, presenting a valuable solution for gas companies seeking to optimize their operations.
ACES Delta
Acquisition in 2023
ACES Delta brings utility and industrial scale solutions of production and conversion to storage and delivery.
Magnum Development
Acquisition in 2023
Magnum Development is a company that specializes in the development of storage caverns for various energy resources, including natural gas, compressed air, refined products, helium, and hydrogen. Operating primarily in the Western United States, Magnum Development focuses on providing economical solutions for the storage and distribution of clean energy. By developing its portfolio of projects, the company aims to enhance the consistent and reliable delivery of power throughout the region, addressing the growing demand for effective energy storage solutions.
Aperio Systems, Inc., established in 2020 with headquarters in Boston, Massachusetts, specializes in developing cybersecurity solutions for industrial control systems. The company's core product, DataWise, employs proprietary technology to detect and prevent artificial manipulation of operational data in real-time, ensuring data integrity, enhancing security, and facilitating prompt remediation without disrupting business operations. This enables clients across diverse industries to make informed decisions based on accurate, trustworthy data, thereby driving profitability and sustainability goals while mitigating risks associated with industrial operations.
Sapphire Technologies
Series B in 2023
Sapphire Technologies specializes in the development, manufacturing, and sale of energy recovery systems tailored for industrial applications involving natural gas and hydrogen. The company focuses on converting waste energy generated during pressure reduction processes into electric power, enabling businesses to enhance operational efficiency without disrupting ongoing processes. By recovering this otherwise wasted pressure energy, Sapphire Technologies assists companies in maximizing plant efficiencies, improving productivity, and reducing carbon emissions, while also helping to offset electrical costs and generate additional revenue. Their systems facilitate efficient transportation in pipelines, ensuring safe delivery through local distribution networks.
Carbon Sync
Venture Round in 2023
Carbon Sync is a technology firm that specializes in soil carbon farming, agricultural decarbonization, and ecosystem restoration services.
Compact Membrane Systems
Series A in 2023
Compact Membrane Systems specializes in providing scalable membrane solutions for the decarbonization revolution. It develops technology to capture and reduce greenhouse gas emissions, avert global warming, and transform the industry into a long-term sustainable enterprise.
Electric Era
Series A in 2023
Electric Era Technologies specializes in the development of AI-controlled battery storage solutions designed to optimize the operation of electric vehicle (EV) charging stations. The company offers a range of EV charging solutions, including installation and ongoing support for businesses, aiming to create a seamless customer experience while enhancing brand engagement through innovative technology. Powered by its proprietary PowerNode-OS, Electric Era's real-time software platform ensures reliable and efficient charging for all PowerNode charging stations. Additionally, the company manufactures batteries that enable cost-effective energy management by minimizing high power draw from the grid, thus allowing clients to streamline operations and promote commercial growth without complex interventions in their power usage.
PDC Energy
Acquisition in 2023
PDC Energy Inc is a domestic independent exploration and production company, primarily operating in the Wattenberg Field of Colorado and the Delaware Basin in west Texas. The company focuses on acquiring, exploring, and developing properties for crude oil, natural gas, and NGLs production. PDC's operations in the Wattenberg Field are concentrated in the horizontal Niobrara and Codell plays, while its Delaware Basin activities are centered around the horizontal Wolfcamp zones. The company emphasizes organic growth through active horizontal drilling programs.
NobleAI is a developer of a science-based artificial intelligence platform aimed at revolutionizing the development of chemical and material products. By utilizing its advanced AI technology, the company enables organizations to accelerate product development, reduce costs, and enhance the performance and sustainability of their offerings. NobleAI's platform transforms traditional materials development strategies by providing actionable insights and reliable predictions, facilitating faster innovation and enabling companies to bring superior and more environmentally friendly products to market efficiently.
Ecolink AI
Seed Round in 2023
Ecolink AI is a climate verification and reward platform enabling businesses to verify their sustainable goods and assets, create interactive "nutrition labels" and issue digital token rewards. Ecolink AI is part of the broader Ecosapiens community of 1M+ followers and subscribers.
Viridos is a company that develops and commercializes genomic-driven solutions aimed at tackling global energy and environmental issues. It specializes in synthesizing and programming DNA to create and utilize technologies in synthetic genomics. The company designs and develops microbes for various industrial processes and environmental applications, including microbial cultivation technologies that identify novel microorganisms and new genes. Additionally, Viridos focuses on enhancing biofuel production, utilizing photosynthetic organisms to generate value-added products from sunlight and carbon dioxide, and improving the recovery rates of subsurface hydrocarbons. Its innovations also extend to the development of high-yield, disease-resistant feedstocks. Through these efforts, Viridos contributes to the production of energy, chemicals, and pharmaceuticals, while also promoting carbon sequestration and environmental remediation.
Flyability
Series C in 2023
Flyability SA is a Swiss company founded in 2014 that specializes in the development and manufacturing of flying robots designed for inspecting and exploring difficult-to-reach indoor and confined spaces. Its flagship product, Elios, is a collision-tolerant drone tailored for industrial inspection, particularly in sectors such as power generation, oil and gas, and maritime infrastructures. By enabling safe operations in complex environments, Flyability helps mitigate risks associated with human inspections in dangerous locations. The company also participates in search and rescue and security applications, allowing professionals to assess emergency situations without endangering lives. In addition to its drones, Flyability offers comprehensive flying kits that include spare parts, training, and after-sales support. Its innovative approach has earned it multiple awards, including the Drones for Good Award.
Worlds, Inc., established in 2018 and based in Dallas, Texas, specializes in spatial artificial intelligence (AI) solutions. The company's flagship product, SpatialSense, is a comprehensive platform that combines deep learning and IoT within a 4D environment. SpatialSense enables organizations to remotely monitor and analyze their physical spaces, providing insights into people, objects, and events. The platform includes modules for AI training, 3D modeling, spatial navigation, and AI bot creation. Worlds serves clients in military, healthcare, and energy sectors, helping them optimize their operations through real-world automation.
Strohm
Venture Round in 2022
Strohm is a private supply chain company specializing in the offshore wind-to-hydrogen sector. It manufactures fully bonded, thermoplastic composite pipes designed for various applications in the offshore oil and gas industry. Strohm's product offerings include downlines, well intervention hoses, jumpers, spools, offshore flowlines, and risers. These composite pipes are lightweight, high-strength, and corrosion-resistant, providing significant cost and operational advantages for clients engaged in subsea intervention and production activities. Through its innovative solutions, Strohm aims to enhance efficiency and reliability in the energy sector.
Syzygy Plasmonics
Series C in 2022
Syzygy Plasmonics, Inc. is a Houston-based company that specializes in the design, development, and manufacturing of photocatalytic reactor systems for industrial chemical reactions. Founded in 2017, the company focuses on creating reactors that facilitate the generation of fuel cell quality hydrogen from ammonia, specifically for small-to-medium-scale applications. These advanced reactors operate at significantly lower temperatures than traditional chemical reactors, allowing for reduced maintenance costs and the ability to quickly start or stop production. By utilizing light as an energy source, Syzygy Plasmonics enables the integration of renewable electricity into chemical manufacturing, contributing to the decarbonization of various industries and supporting the on-site production of ultra-low-cost hydrogen gas for fuel cell vehicles.
Starfire Energy
Series B in 2022
Starfire Energy is a company focused on developing and deploying sustainable energy technologies, specializing in the production of carbon-free ammonia. Founded in 2007 and headquartered in Aurora, Colorado, Starfire Energy has created modular systems that synthesize ammonia from renewable energy sources, specifically wind and solar power. These modular plants are built in shipping containers that are pre-wired and pre-plumbed, facilitating easy on-site installation. The ammonia produced is not only used as a fertilizer and refrigerant but also serves as an energy-dense liquid fuel. By utilizing renewable energy, air, and water as inputs, Starfire Energy aims to meet the growing demands for energy storage and transportation while contributing to carbon-free industrial processes.
Baseload Capital
Convertible Note in 2022
Baseload Capital is an international investment entity focused on facilitating the growth of renewable heat power generation worldwide. They provide tailored financial services and development advisory support to heat power operators, empowering them with the necessary resources to construct and manage sustainable heat power plants.
Enmacc GmbH, founded in 2016 and based in Munich, Germany, operates a digital over-the-counter (OTC) energy trading platform that facilitates the procurement and trading of both standardized and non-standardized energy products. The platform serves a diverse clientele, including energy traders, portfolio managers, and procurement officers from large energy companies and industrial consumers. Enmacc enhances the trading process by providing increased speed, efficiency, and security, allowing participants to trade directly with market counterparts without intermediaries. The platform features three trading screens: entender, an independent request-for-quote platform; enmarket, an open marketplace for bilateral trading; and engreen, which specializes in Guarantees of Origin and facilitates access to real-time pricing. With a network of over 410 companies and 1,800 active traders, Enmacc promotes greater market access and liquidity, streamlining the daily operations of energy market participants.
Strohm
Venture Round in 2022
Strohm is a private supply chain company specializing in the offshore wind-to-hydrogen sector. It manufactures fully bonded, thermoplastic composite pipes designed for various applications in the offshore oil and gas industry. Strohm's product offerings include downlines, well intervention hoses, jumpers, spools, offshore flowlines, and risers. These composite pipes are lightweight, high-strength, and corrosion-resistant, providing significant cost and operational advantages for clients engaged in subsea intervention and production activities. Through its innovative solutions, Strohm aims to enhance efficiency and reliability in the energy sector.
Li Industries
Series A in 2022
Li Industries is a start-up focused on advancing lithium-ion battery recycling technologies. The company specializes in the recovery of valuable materials such as lithium, cobalt, and nickel from end-of-life batteries used in electric vehicles, consumer electronics, and other energy storage systems. By utilizing innovative direct recycling technology and a scalable electrochemical flow system, Li Industries aims to extract these essential metals efficiently and sustainably. This process not only reduces environmental waste but also supports the production of new batteries from recycled components. By optimizing the recovery and treatment of these materials, Li Industries contributes to lowering energy consumption and emissions in the battery production process, ultimately fostering a more sustainable supply chain for battery manufacturing.
Aurora Hydrogen
Series A in 2022
Aurora Hydrogen is focused on advancing clean hydrogen production technology that harnesses efficient microwave energy. The company's innovative approach aims to decarbonize transportation and industrial processes by providing a highly scalable solution. Its technology can be implemented in various settings, ranging from small fueling stations to large industrial applications, all while producing no carbon dioxide emissions and without consuming water. This capability positions Aurora Hydrogen to significantly contribute to reducing global carbon dioxide emissions, potentially lowering them by over five hundred million tonnes annually.
Clarke Valve
Series D in 2022
Clarke Valve is a developer of advanced energy-saving shutter valves tailored for industrial and aerospace applications. Established in 2011 and headquartered in North Kingstown, Rhode Island, the company specializes in valves that provide features such as zero pressure drop, zero flow restriction, and precise flow control. These innovations result in negligible turbulence, low cavitation, and reduced noise levels, making them suitable for demanding environments like oil and gas, chemical plants, power generation, and water management. Clarke Valve's products are designed for easy scalability and customization, ensuring they meet a wide range of operational requirements while promoting efficient energy use and long-term reliability.
ZEDEDA, Inc. is a developer of cloud-native edge virtualization software that provides visibility, control, and security for IoT edge gateways, applications, and networks at the enterprise edge. Founded in 2016 and headquartered in Santa Clara, California, with additional offices in Bengaluru and Pune, India, the company offers solutions such as Edge Quick Connect for Azure IoT Edge. This software-as-a-service enables customers to manage and secure their IoT deployments through virtualization and facilitates the use of cloud-managed gateways for remote administration. ZEDEDA's platform supports a variety of applications, including predictive analytics in renewable energy and industrial automation, allowing organizations to monitor and manage real-time edge applications while avoiding vendor lock-in.
TAE Technologies, Inc. is a pioneer in the development of clean fusion energy, utilizing advanced particle accelerator technology and plasma physics. Established in 1998 and headquartered in Foothill Ranch, California, with an additional office in Rancho Santa Margarita, the company focuses on creating a sustainable energy source that mirrors natural processes and eliminates harmful byproducts. Over two decades of dedicated research have positioned TAE Technologies as a leader in accelerator and plasma physics, driving significant advancements that contribute to broader innovations in energy management. The company aims to commercialize safe and cost-effective fusion power, addressing the global energy demand while promoting sustainable solutions in power management, electric mobility, and life sciences. TAE Technologies is committed to delivering carbon-free fusion power to the grid, enhancing energy security for communities and clients alike.
Zap Energy
Series C in 2022
Zap Energy, Inc. is a Seattle-based company that specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. Founded in 2017, the company focuses on developing compact and scalable fusion technology that offers low-carbon, cost-effective, and flexible energy solutions. Unlike conventional fusion methods, Zap Energy's approach utilizes electric current to create magnetic fields that confine and compress plasma, enhancing the stability and efficiency of the fusion process. This innovative technology aims to provide sustainable energy while requiring less capital investment compared to traditional fusion systems.
Infinitum
Series D in 2022
Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.
Carbon Clean
Series C in 2022
Carbon Clean Solutions is an innovation company focused on carbon dioxide recovery technology for industrial applications. The company has developed a patented carbon capture technology that enables the removal of up to 90% of carbon dioxide from flue gases, utilizing a proprietary regenerable advanced solvent and an energy-efficient capture process. This technology is designed to be both cost-effective and environmentally friendly, significantly reducing operating costs and impacts for power plants and industrial utilities. Carbon Clean Solutions' technology can be integrated into new power plants or retrofitted to existing facilities, offering clients a scalable solution for decarbonization. With multiple research teams and facilities worldwide, the company is committed to commercializing its energy-efficient carbon capture solutions for a diverse range of global customers.
Bunge Chevron Ag Renewables
Corporate Round in 2022
Bunge Chevron Ag Renewables develop lower carbon intensity feedstocks.
CoverCress
Series C in 2022
CoverCress Inc. is a biotechnology company based in Saint Louis, Missouri, founded in 2013. The company focuses on developing and commercializing field pennycress as an oilseed crop, which is utilized for producing oil for renewable fuels and meal for livestock feed. By genetically improving pennycress, CoverCress aims to create a sustainable cover crop that enhances soil health and offers benefits for farmers during corn and soybean planting seasons. The company’s efforts are centered on sustainable agricultural practices, allowing farmers to maximize yields while minimizing input and carbon emissions. Formerly known as Arvegenix Inc., CoverCress reflects a commitment to innovation in agriculture, biotechnology, and renewable energy solutions.
QuintessenceLabs
Venture Round in 2022
QuintessenceLabs specializes in developing advanced data security technologies that protect digital information whether in transit, at rest, or in use. The company utilizes quantum science principles to enhance its cybersecurity applications, enabling robust security strategies and centralized management of data-security policies. This approach not only maximizes security but also improves the return on investment from existing assets while simplifying data-security management. QuintessenceLabs serves a diverse clientele, including financial institutions like Westpac Group, technology providers such as NetDocuments and PKWare, as well as federal entities like the US State Department and defense contractors including Boeing and Northrop Grumman.
Renewable Energy Group
Acquisition in 2022
Renewable Energy Group, Inc. is a leader in the production and supply of lower carbon transportation fuels, including biodiesel and renewable diesel. The company operates an integrated system for the procurement, distribution, and logistics of converting natural fats, oils, greases, and sugars into advanced biofuels. It runs a network of 13 biorefineries, with 11 located in the United States and 2 in Germany. Renewable Energy Group also engages in the purchase and resale of biomass-based diesel and provides operational management services for production facilities. Additionally, the company offers construction management services for the development or upgrade of biorefineries and sells petroleum-based heating oils and diesel fuels. Founded in 1996 and headquartered in Ames, Iowa, Renewable Energy Group is committed to advancing bio-based fuel and chemicals through its innovative research and development initiatives.
Epicore Biosystems
Series A in 2022
Epicore Biosystems, Inc. is a Cambridge, Massachusetts-based company that develops and commercializes a proprietary wearable microfluidic sensing platform designed for athletes. Founded in 2017, the company focuses on analyzing small droplets of sweat directly from the skin to measure a range of health and performance metrics. Its technology allows for non-invasive monitoring of sweat biomarkers, skin health, and physiological states in real-time, facilitating personalized management of hydration, nutrition, and overall health. Epicore's innovative platform is grounded in extensive research in microfluidics and soft materials, aiming to enhance athletic performance and health management through accessible and cost-effective solutions.
Mobilus Labs
Venture Round in 2022
Mobilus Labs Limited is a technology company specializing in wearable voice communication devices and a comprehensive software platform. Founded in 2017 and based in London, the company focuses on facilitating hands-free and ear-free voice transmission for teams across various sectors. Its product lineup includes mobiWAN, designed for use in harsh and noisy environments; MobiWan_TR, which utilizes bone conduction technology for audio delivery; and mobiTWO, a hybrid communication device that combines VOIP and walkie-talkie features. Mobilus Labs integrates advanced technologies such as artificial intelligence-driven voice bots and voice recognition algorithms, enabling seamless communication through a combination of networks like Wi-Fi, LTE, GSM, and radio. This innovative approach allows users to communicate privately or broadcast messages to larger groups. The company was previously known as Noto Technologies Limited until its name change in March 2020.
Ionomr Innovations
Series A in 2022
Ionomr Innovations Inc. is a Canadian company specializing in the design, adaptation, and manufacture of advanced ion-exchange membranes and polymer technologies. Founded in 2013 and based in Vancouver, Ionomr is focused on providing solutions for clean technology applications, including water treatment, energy storage, and hydrogen production. Their Aemion membrane systems are notable for being alkaline-stable, highly durable, and versatile, enabling clients to improve performance while minimizing environmental impact. By replacing toxic fluorinated chemicals with eco-friendly hydrocarbon alternatives, Ionomr aims to reduce pollution and enhance the sustainability of electrochemical systems. The company also offers chemical engineering services, further supporting the integration of its innovative materials into various applications, contributing to the development of cleaner and more resilient energy solutions.
Make My Day
Venture Round in 2021
Make My Day is a Tel-Aviv-based company that specializes in developing an in-car driving assistance app designed specifically for electric vehicles. The app enhances the driving experience by connecting drivers to their vehicles while allowing them to engage in additional activities. It also offers a comprehensive solution for daily needs by linking drivers with various business providers. The company's smart route planning platform supports electric vehicle fleets by delivering managed-to-charge services that facilitate efficient route planning. This enables businesses and automotive leaders to reduce fleet costs while optimizing electric vehicle charging and decision-making processes.
Sapphire Technologies
Series A in 2021
Sapphire Technologies specializes in the development, manufacturing, and sale of energy recovery systems tailored for industrial applications involving natural gas and hydrogen. The company focuses on converting waste energy generated during pressure reduction processes into electric power, enabling businesses to enhance operational efficiency without disrupting ongoing processes. By recovering this otherwise wasted pressure energy, Sapphire Technologies assists companies in maximizing plant efficiencies, improving productivity, and reducing carbon emissions, while also helping to offset electrical costs and generate additional revenue. Their systems facilitate efficient transportation in pipelines, ensuring safe delivery through local distribution networks.
Gr3n Recycling
Series B in 2021
Gr3n Recycling has developed an innovative technology that enables the chemical recycling of polyethylene terephthalate (PET) bottles and food containers in a cost-effective manner. By applying microwave technology to a well-established chemical reaction, Gr3n has created a process that not only facilitates the industrial implementation of PET recycling but also depolymerizes polyester textiles to yield virgin PET. This groundbreaking approach has the potential to transform the global PET recycling landscape, offering significant financial benefits and cost savings for the recycling industry.
Hydrogenious Technologies
Venture Round in 2021
Founded in 2013, Hydrogenious Technoloiges is a spin-off of the University of Erlangen-Nuremberg by its CEO Dr. Daniel Teichmann and the three co-founders Prof. Wolfgang Arlt, Prof. Peter Wasserscheid and Prof. Eberhardt Schlücker. The need for safe and efficient hydrogen storage for multi-MWh energy storage systems and safe and reliable hydrogen storage for hydrogen refuelling stations and fuel cell mobility was imminent – and Liquid Organic Hydrogen Carriers (LOHC) proved to be the solution. Having completed the technological proof of concept at the university’s laboratories, the idea became reality and Hydrogenious Technologies, a global pioneer in LOHC based energy storage, was born. With the University of Erlangen-Nuremberg becoming a shareholder in May 2014 and the successful close of a Series A funding round in July 2014 with Anglo American Platinum as investor, Hydrogenious Technologies is now backed with strong scientific, strategic and financial capacities to revolutionize large-scale energy and hydrogen storage.
Raven is a producer of green hydrogen and synthetic fuels using organic waste. They transform waste destined for landfills into environmentally friendly, efficient, and profitable clean hydrogen and Fischer-Tropsch synthetic fuels with our patented Steam/CO2 Reformer technology. Raven was in 2018 and is based in Pinedale, Wyoming.
Natel Energy
Series B in 2021
Natel Energy, Inc. specializes in the design, construction, and sale of restoration hydro turbines (RHTs) aimed at generating renewable electricity from low-head water sources, including existing low dams, irrigation canals, and streams. Founded in 2005 and based in Alameda, California, the company focuses on providing sustainable hydropower solutions that enhance energy production while minimizing environmental impact. Natel's RHTs can be integrated into various settings, including retrofitting older turbines and developing new stream reach projects. In addition to its turbine solutions, the company offers digital services that employ machine learning and remote sensing to optimize operational efficiency and reduce risks for hydropower stakeholders. Natel Energy also features HydroForecast, a service that utilizes satellite imagery and advanced hydrologic modeling to deliver accurate water flow and power generation forecasts. Through these innovations, Natel Energy contributes to the development of a low-carbon renewable energy grid while ensuring the sustainability of watershed ecosystems.
Boomitra
Seed Round in 2021
Boomitra is an innovative carbon marketplace that collaborates with farmers and landowners globally to combat climate change through enhanced agricultural practices. Based in the United States, the company leverages proprietary artificial intelligence and satellite technology to monitor, report, and verify soil organic carbon levels to depths exceeding 30 centimeters, eliminating the need for physical soil sampling and significantly reducing measurement costs. This efficient and scalable approach allows Boomitra to operate across diverse land sizes and regions, impacting over 5 million acres and engaging more than 150,000 farmers across four continents. By facilitating the sale of carbon credits, Boomitra ensures that farmers and landowners receive the majority of proceeds, enabling them to reinvest in their farms and surrounding communities. The company's platform also utilizes satellite data and geospatial deep learning to assess soil conditions, further promoting sustainable land management practices.
EndoShunt
Pre Seed Round in 2021
EndoShunt Medical is a Nashville, Tennessee-based company founded in 2022 that specializes in developing medical devices for targeted hemorrhage control in emergency situations. The company has created a device designed to shunt blood past hemorrhaging vessels endovascularly, allowing surgeons to perform definitive repairs while maintaining blood flow. This innovative approach aims to enhance patient outcomes during critical medical emergencies by providing effective hemorrhage management.
Infinitum
Series C in 2021
Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.
Zap Energy
Series B in 2021
Zap Energy, Inc. is a Seattle-based company that specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. Founded in 2017, the company focuses on developing compact and scalable fusion technology that offers low-carbon, cost-effective, and flexible energy solutions. Unlike conventional fusion methods, Zap Energy's approach utilizes electric current to create magnetic fields that confine and compress plasma, enhancing the stability and efficiency of the fusion process. This innovative technology aims to provide sustainable energy while requiring less capital investment compared to traditional fusion systems.
Mainspring
Series D in 2021
Mainspring Energy, Inc. is a technology company based in Menlo Park, California, that specializes in developing linear generator technology for low carbon, dispatchable energy solutions. Founded in 2010 by three Stanford engineers, the company focuses on creating advanced prototypes that convert fuel into electricity through a unique, low-temperature reaction of air and fuel. This innovative approach allows Mainspring to offer generators that provide affordable, reliable electricity while significantly reducing carbon emissions compared to traditional electric grids. The company's mission is to address climate change and enhance energy accessibility, contributing to the development of net-zero carbon energy systems for the future.
Ocergy is a company dedicated to addressing energy and environmental challenges through the development of advanced ocean systems. It specializes in creating innovative floating platforms, such as OCG-Wind, which serves as a lightweight foundation for large offshore wind turbines, aimed at reducing the levelized cost of energy while enhancing industrialization and local supply chain utilization. Additionally, Ocergy offers OCG-Data, a multi-disciplinary ocean observer designed for comprehensive offshore site assessments. This platform supports various instrumentation for resource and environmental characterization, including technologies for underwater biodiversity monitoring and a detection system for birds and bats. By providing high-quality ecological data, Ocergy facilitates stakeholder engagement and promotes sustainable offshore solutions, including energy production and environmental monitoring.
Seeq Corporation is a software company that specializes in analytics solutions for industrial process data. Founded in 2012 and headquartered in Seattle, Washington, Seeq provides an application that enables users to process data analytics, cleanse data, model information, and monitor assets in real time. The platform integrates data from various sources, including historians like OSIsoft PI and relational databases such as SQL Server and Oracle. By focusing on industries such as food and beverage, oil and gas, pharmaceuticals, and utilities, Seeq aims to help organizations derive valuable insights from their industrial data. The company fosters collaboration among employees, facilitating better business decisions and operational execution.
Starfire Energy
Venture Round in 2021
Starfire Energy is a company focused on developing and deploying sustainable energy technologies, specializing in the production of carbon-free ammonia. Founded in 2007 and headquartered in Aurora, Colorado, Starfire Energy has created modular systems that synthesize ammonia from renewable energy sources, specifically wind and solar power. These modular plants are built in shipping containers that are pre-wired and pre-plumbed, facilitating easy on-site installation. The ammonia produced is not only used as a fertilizer and refrigerant but also serves as an energy-dense liquid fuel. By utilizing renewable energy, air, and water as inputs, Starfire Energy aims to meet the growing demands for energy storage and transportation while contributing to carbon-free industrial processes.
Baseload Capital
Venture Round in 2021
Baseload Capital is an international investment entity focused on facilitating the growth of renewable heat power generation worldwide. They provide tailored financial services and development advisory support to heat power operators, empowering them with the necessary resources to construct and manage sustainable heat power plants.
Malta Inc. is a developer of innovative industrial-grade energy storage solutions based in Cambridge, Massachusetts. Founded in 2018, the company focuses on a unique electro-thermal energy storage system that captures energy from diverse sources including wind, solar, and fossil fuels. This system converts electrical energy into thermal energy and stores it in molten salt, allowing for energy to be held for extended periods. When demand arises, the stored thermal energy is reverted back into electrical energy and dispatched to the grid, ensuring a reliable supply of electricity. Malta's technology addresses challenges such as wind and solar curtailment and enhances the efficiency of electricity distribution and transmission, thus playing a pivotal role in delivering affordable and timely energy to the market. Incubated at X, the Moonshot Factory, the company is backed by prominent venture capital and commercial partners in the power industry.
Eavor
Venture Round in 2021
Eavor Technologies Inc., established in 2017 and headquartered in Calgary, Canada, specializes in generating industrial-scale electricity using innovative geothermal technology. The company's proprietary system, Eavor-Loopâ„¢, harnesses heat from deep within the earth, utilizing wells to produce brine from a subsurface aquifer. This heat is then employed for commercial heating applications and power generation. Eavor's technology mitigates challenges faced by traditional geothermal solutions, offering a clean, carbon-neutral, and scalable baseload power source. The company operates the Eavor-Liteâ„¢ Demonstration Project, a prototype of its technology suite, to validate and refine its innovative approach.
Svante Inc., established in 2007 and headquartered in Burnaby, Canada, specializes in carbon capture and removal solutions. The company develops and manufactures novel solid sorbents, structured adsorbent filters, and rotary contactor machines for post-combustion industrial carbon capture and direct air capture. Svante's leading-edge technology captures and concentrates CO2 from heavy industries' emissions and the atmosphere, enabling customers to reduce capital costs and energy consumption. The company partners with global CCUS stakeholders to scale the industry and facilitate source-to-sink carbon capture projects.
Mission Secure
Series B in 2021
Mission Secure, Inc. is a cybersecurity firm specializing in the protection of operational technology and control systems for critical industries such as oil and gas, power, chemicals, and defense. Established in 2014 and headquartered in Charlottesville, Virginia, with additional offices in Houston, Texas, and Cheltenham, United Kingdom, the company has developed the MSi Platform, which provides comprehensive cyber defense solutions. This platform integrates features such as visibility, segmentation, protection, threat hunting, and incident response, thereby delivering robust security against cyber threats, supply chain risks, and insider attacks. Mission Secure’s offerings are designed to be user-friendly, allowing non-IT professionals to effectively manage and deploy cybersecurity measures, ensuring that essential operations remain safe and uninterrupted. The company has formed a strategic partnership with Comodo Cybersecurity to enhance its service capabilities.
Blue Planet
Series C in 2020
Blue Planet, Ltd. is a California-based company that focuses on developing sustainable solutions for carbon dioxide mitigation through its innovative biomimetic carbon capture and mineralization technology. Founded in 2013, the company utilizes CO2 as a raw material to produce carbonate rocks, which serve as a substitute for natural limestone in concrete production. Its proprietary Liquid Condensed Phase (LCP) Technology enables the conversion of CO2 from flue gas into carbonate without the need for an energy-intensive purification step, making the process more efficient and cost-effective than traditional CO2 capture methods. Blue Planet's products include various types of carbon-sequestered aggregates designed for use in construction projects, particularly those situated near industrial sources of carbon emissions. This approach not only helps reduce carbon emissions but also promotes the use of sustainable materials in the construction industry.
BixData
Seed Round in 2020
BixData is a technology company that specializes in system, application, and network monitoring tools designed to provide comprehensive oversight of server operations. Its solutions are tailored for next-generation IT management, enabling users to monitor various aspects of their IT infrastructure efficiently. In addition to BixData, the company is associated with Nubix, an edge-native application platform that facilitates the development, deployment, and management of Internet of Things (IoT) and edge applications. Nubix is particularly notable for its ability to operate on minimal computing devices, allowing developers to process data directly at the source where it is generated. Founded in 2017 and based in Colorado, BixData is focused on advancing capabilities in IT and edge computing.
Seeq Corporation is a software company that specializes in analytics solutions for industrial process data. Founded in 2012 and headquartered in Seattle, Washington, Seeq provides an application that enables users to process data analytics, cleanse data, model information, and monitor assets in real time. The platform integrates data from various sources, including historians like OSIsoft PI and relational databases such as SQL Server and Oracle. By focusing on industries such as food and beverage, oil and gas, pharmaceuticals, and utilities, Seeq aims to help organizations derive valuable insights from their industrial data. The company fosters collaboration among employees, facilitating better business decisions and operational execution.
ChargePoint
Series H in 2020
ChargePoint, Inc., founded in 2007 and based in Campbell, California, operates the world’s leading network of electric vehicle (EV) charging stations. Initially known as Coulomb Technologies, the company rebranded in December 2012. ChargePoint offers a range of charging solutions, including public charging stations, consumer subscription plans, and cloud-based services that assist utility companies in managing electric demand. Its hardware products cater to various applications, including home, commercial, and fast-charging systems. The ChargePoint app enhances user experience by allowing consumers to locate, reserve, and monitor their charging sessions. Although it has a global presence with offices in Arizona, Germany, India, the Netherlands, and the United Kingdom, the majority of ChargePoint's revenue is generated in the United States.
Noble Energy
Acquisition in 2020
Noble Energy, established in 1932, is a Houston-based independent energy company. It engages in the exploration, development, and production of crude oil and natural gas. The company's assets span onshore unconventional basins in the U.S. and offshore conventional basins in the Eastern Mediterranean and off the west coast of Africa. As of 2019, Noble Energy had total proved reserves of 2.05 billion barrels of oil equivalent. Additionally, it owns and operates midstream infrastructure assets in the DJ and Delaware Basins. In 2020, the company became a subsidiary of Chevron Corporation.
Zap Energy
Series A in 2020
Zap Energy, Inc. is a Seattle-based company that specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. Founded in 2017, the company focuses on developing compact and scalable fusion technology that offers low-carbon, cost-effective, and flexible energy solutions. Unlike conventional fusion methods, Zap Energy's approach utilizes electric current to create magnetic fields that confine and compress plasma, enhancing the stability and efficiency of the fusion process. This innovative technology aims to provide sustainable energy while requiring less capital investment compared to traditional fusion systems.
Natron Energy
Series D in 2020
Natron Energy, Inc. is an energy storage company based in Santa Clara, California, founded in 2012. The company specializes in the development of sodium-ion batteries, utilizing unique Prussian Blue electrode materials to offer solutions for various industrial applications. These batteries are designed for stationary uses, including uninterruptible power supply systems, lift trucks, renewable energy smoothing, and integration into smart grids and microgrids. Natron's innovative batteries are characterized by their safety, sustainability, power density, and extended cycle life, providing a cost-effective energy storage option produced from widely available materials. The company also operates a software-defined power platform to enhance its energy storage solutions. Natron Energy was formerly known as Alveo Energy, Inc. before changing its name in March 2017.
Carbon Clean
Series B in 2020
Carbon Clean Solutions is an innovation company focused on carbon dioxide recovery technology for industrial applications. The company has developed a patented carbon capture technology that enables the removal of up to 90% of carbon dioxide from flue gases, utilizing a proprietary regenerable advanced solvent and an energy-efficient capture process. This technology is designed to be both cost-effective and environmentally friendly, significantly reducing operating costs and impacts for power plants and industrial utilities. Carbon Clean Solutions' technology can be integrated into new power plants or retrofitted to existing facilities, offering clients a scalable solution for decarbonization. With multiple research teams and facilities worldwide, the company is committed to commercializing its energy-efficient carbon capture solutions for a diverse range of global customers.
Veros Systems
Series C in 2020
Veros Systems, Inc. is a company that specializes in software-enabled solutions for physical asset life-cycle management, catering primarily to industrial clients. Founded in 2001 and based in Austin, Texas, Veros develops a web-based Predictive Intelligence Platform that provides actionable insights into the performance of electrically-driven rotating equipment, such as motors, pumps, and compressors. This platform utilizes nonintrusive monitors and machine learning algorithms to analyze electrical waveforms, allowing for continuous monitoring of equipment health and real-time predictions of reliability and energy efficiency. By integrating seamlessly with existing Enterprise Asset Management applications, Veros's solutions enable engineers and managers to enhance production, reduce costs, and improve overall operational efficiency across various industries, including oil and gas, electric utilities, manufacturing, and water treatment.
ThoughtTrace
Venture Round in 2020
ThoughtTrace is a provider of a document understanding platform designed to help enterprises access critical insights from contracts and legal documents in real time. By leveraging artificial intelligence, natural language processing, and machine learning, ThoughtTrace's platform enables organizations to review and validate essential information efficiently. This innovative technology allows clients to apply context to content, transforming ambiguity into clarity and offering comprehension even in unstructured environments. With rapid results, the platform enhances decision-making and strategic execution, empowering companies to gain a competitive edge in managing their most challenging information.
Vutility is a leading provider of real-time, high-resolution energy monitoring solutions that enable businesses to optimize energy consumption and enhance operational efficiencies. By utilizing its innovative and cost-effective proprietary HotDrop technology, Vutility offers a system designed to track utility usage across various sectors, including retail and commercial industries. This technology provides relevant and timely insights into energy usage, allowing consumers, businesses, and governments to monitor their utility consumption effectively and identify opportunities for savings. Through its advanced monitoring capabilities, Vutility helps organizations make informed decisions about their energy consumption, ultimately contributing to improved financial performance and sustainability.
Carbon Clean
Series B in 2020
Carbon Clean Solutions is an innovation company focused on carbon dioxide recovery technology for industrial applications. The company has developed a patented carbon capture technology that enables the removal of up to 90% of carbon dioxide from flue gases, utilizing a proprietary regenerable advanced solvent and an energy-efficient capture process. This technology is designed to be both cost-effective and environmentally friendly, significantly reducing operating costs and impacts for power plants and industrial utilities. Carbon Clean Solutions' technology can be integrated into new power plants or retrofitted to existing facilities, offering clients a scalable solution for decarbonization. With multiple research teams and facilities worldwide, the company is committed to commercializing its energy-efficient carbon capture solutions for a diverse range of global customers.
Worlds, Inc., established in 2018 and based in Dallas, Texas, specializes in spatial artificial intelligence (AI) solutions. The company's flagship product, SpatialSense, is a comprehensive platform that combines deep learning and IoT within a 4D environment. SpatialSense enables organizations to remotely monitor and analyze their physical spaces, providing insights into people, objects, and events. The platform includes modules for AI training, 3D modeling, spatial navigation, and AI bot creation. Worlds serves clients in military, healthcare, and energy sectors, helping them optimize their operations through real-world automation.
Seeq Corporation is a software company that specializes in analytics solutions for industrial process data. Founded in 2012 and headquartered in Seattle, Washington, Seeq provides an application that enables users to process data analytics, cleanse data, model information, and monitor assets in real time. The platform integrates data from various sources, including historians like OSIsoft PI and relational databases such as SQL Server and Oracle. By focusing on industries such as food and beverage, oil and gas, pharmaceuticals, and utilities, Seeq aims to help organizations derive valuable insights from their industrial data. The company fosters collaboration among employees, facilitating better business decisions and operational execution.
Puma Energy Australia
Acquisition in 2019
Puma Energy Australia Holdings Pty Ltd is a prominent fuel supplier engaged in the storage, distribution, and retail sale of various fuel products across the country. Established in 2010 and based in Hamilton, the company offers a comprehensive range of bulk fuels, including diesel, biodiesel, aviation fuels, and lubricants, catering to industries such as mining, agriculture, transport, marine, and aviation. Puma Energy operates a network of fuel service stations, including unmanned sites, along with seaboard import terminals and distribution depots. Additionally, the company provides fuel storage solutions, equipment for sale or lease, and customized fleet fuel card solutions, all supported by expert advice on fuel management and safety. As of mid-2020, Puma Energy Australia operates as a subsidiary of Chevron Australia Downstream Pty Ltd.
Modumetal
Venture Round in 2019
Modumetal, Inc. specializes in the development and manufacturing of nano-laminated metals and materials, catering to various industries including energy, aerospace, automotive, defense, infrastructure, and construction. Founded in 2006 and based in Seattle, Washington, with an additional sales office in The Woodlands, Texas, the company utilizes a proprietary technology that produces these alloys at an industrial scale. Modumetal's products are engineered to be stronger, lighter, and more corrosion-resistant than traditional metals, achieved through a manufacturing process that employs electricity instead of heat, thereby minimizing environmental impact. The company's offerings include customized alloys, nano-laminated fasteners, pumps, valves, and production tubulars, all designed to enhance performance and durability while maintaining competitive pricing compared to conventional materials.
Infinitum
Series B in 2019
Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.
Ingu is a company focused on transforming the pipeline inspection process in the oil and gas sector. By addressing the limitations of traditional inspection methods, which are often costly and infrequent, Ingu has developed an innovative self-serve inspection model. This model utilizes miniature, multi-sensor Pipers technology that can navigate pipelines of various sizes and conditions, inspecting for leaks, geometric defects, magnetic anomalies, and deposits in a single run. This technology significantly reduces inspection costs, making it ten times more affordable and enabling integrity programs to be conducted more frequently across a wider range of assets. Ingu's solutions empower clients, both large and small, with continuous access to critical data regarding pipeline conditions, facilitating better planning and decision-making. As a result, the company has built extensive datasets that enhance its data analytics capabilities, ultimately contributing to the safety and efficiency of pipeline management.
Spear Power Systems
Series B in 2019
Spear Power Systems, LLC specializes in the design and manufacture of lithium-ion battery storage systems tailored for demanding applications across various industries, including defense, marine propulsion, oil and gas, and mining. Founded in 2013 and headquartered in Grandview, Missouri, the company offers a diverse range of energy storage solutions, including lithium-ion cells, modules, and battery packs. Notably, their TRIDENT maritime batteries are available in multiple cell chemistries, allowing clients to choose between industry-leading energy density and ultra-high power density based on specific application requirements. Spear Power Systems emphasizes the provision of efficient, compact, and lightweight energy storage systems that facilitate easy transport and installation, ultimately maximizing value and minimizing deployment time for their customers.
Voyage Auto, Inc. specializes in providing autonomous taxi services primarily for retirement communities. Founded in 2017 and headquartered in Santa Clara, California, the company aims to enhance mobility for residents who may face transportation challenges. By utilizing retrofitted mass-production vehicles, Voyage has developed a fleet of self-driving taxis designed to offer safe, efficient, and affordable rides. The company is dedicated to ensuring that all passengers reach their destinations comfortably and on time, with a focus on expanding its services beyond retirement communities to provide accessible transportation for a broader audience.
Svante Inc., established in 2007 and headquartered in Burnaby, Canada, specializes in carbon capture and removal solutions. The company develops and manufactures novel solid sorbents, structured adsorbent filters, and rotary contactor machines for post-combustion industrial carbon capture and direct air capture. Svante's leading-edge technology captures and concentrates CO2 from heavy industries' emissions and the atmosphere, enabling customers to reduce capital costs and energy consumption. The company partners with global CCUS stakeholders to scale the industry and facilitate source-to-sink carbon capture projects.
Carbon Engineering
Private Equity Round in 2019
Carbon Engineering Ltd. is a clean energy company based in Squamish, Canada, that specializes in the development and commercialization of Direct Air Capture technology. Founded in 2009, the company focuses on capturing carbon dioxide (CO2) directly from the atmosphere, which allows for the management of emissions from a variety of distributed and mobile sources, including vehicles and buildings. Its innovative chemical-based CO2 air capture system integrates processes such as an air contactor and a regeneration cycle, enabling continuous capture and production of pure CO2. Carbon Engineering aims to convert captured CO2 into clean, affordable transportation fuels, addressing the global climate challenge by facilitating the deployment of its technology to help businesses reduce their carbon footprint and achieve net-zero targets.
Natron Energy
Venture Round in 2019
Natron Energy, Inc. is an energy storage company based in Santa Clara, California, founded in 2012. The company specializes in the development of sodium-ion batteries, utilizing unique Prussian Blue electrode materials to offer solutions for various industrial applications. These batteries are designed for stationary uses, including uninterruptible power supply systems, lift trucks, renewable energy smoothing, and integration into smart grids and microgrids. Natron's innovative batteries are characterized by their safety, sustainability, power density, and extended cycle life, providing a cost-effective energy storage option produced from widely available materials. The company also operates a software-defined power platform to enhance its energy storage solutions. Natron Energy was formerly known as Alveo Energy, Inc. before changing its name in March 2017.
Carbon Engineering
Series A in 2019
Carbon Engineering Ltd. is a clean energy company based in Squamish, Canada, that specializes in the development and commercialization of Direct Air Capture technology. Founded in 2009, the company focuses on capturing carbon dioxide (CO2) directly from the atmosphere, which allows for the management of emissions from a variety of distributed and mobile sources, including vehicles and buildings. Its innovative chemical-based CO2 air capture system integrates processes such as an air contactor and a regeneration cycle, enabling continuous capture and production of pure CO2. Carbon Engineering aims to convert captured CO2 into clean, affordable transportation fuels, addressing the global climate challenge by facilitating the deployment of its technology to help businesses reduce their carbon footprint and achieve net-zero targets.