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.
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.
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.
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.
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.
Texaco
Acquisition in 2000
Texaco, founded in 1901 in Spindletop, Texas, has evolved into a globally recognized brand in the petroleum industry. Initially marked by the discovery of oil by "Buckskin Joe" Cullinan, Texaco has since established itself as a significant distributor of petroleum products, including gasoline, through its extensive network of gas stations. The brand is noted for its innovative offerings, such as Texaco Fire Chief Gasoline, and has become a staple of American culture, with memorable marketing campaigns and endorsements that resonate with consumers. Committed to quality and performance, Texaco's products, bolstered by technologies like Techron, emphasize cleaning power and efficiency. The Texaco Star, its iconic symbol, remains a familiar sight for motorists across the country, reinforcing the brand's legacy while looking toward the future.