SOSV

SOSV is a global venture capital firm founded in 1995 and headquartered in Princeton, New Jersey. Specializing in seed-to-growth stage investments, SOSV operates multiple accelerator programs worldwide, including HAX for hardware, IndieBio and RebelBio for life sciences, Chinaccelerator and MOX for cross-border internet ventures, Food-X for innovative food solutions, and dlab for blockchain technology. The firm focuses on investments in revolutionary deep technologies aimed at improving human and planetary health, as well as cross-border markets, particularly in Asia. SOSV invests in approximately 150 startups annually, providing support through its resources to accelerate product development and scaling. Over its two-decade history, SOSV has established a strong reputation, consistently ranking among the top venture capital firms globally.

Michael Aberman

Partner

Lindsay Atkenson

Analyst

Hugh Bowen

Associate

Po Bronson

General Partner

Stephen Chambers

Partner

Navin Danapal

SEA Director

Hiruy Ephrem

Analyst

Sheng Ge

Partner, Investments Operations

Weichang Ge

Analyst

TR Harrington

Partner

Bill Liao

General Partner

Ching-Ping Lin

Partner

Stephen McCann

CFO and General Partner

Carthach McCarthy

CFO

Yuan-Ting Meng

Analyst

Paul Monaghan

Principal

Eric Ramsay

Analyst

Pae Wu

General Partner

Sabriya Stukes Ph.D

Partner

Past deals in Oil and Gas Refining

XFuel

Venture Round in 2022
XFuel produces sustainable and net-zero road, marine and aviation drop-in fuels for distributors and consumers. The company was founded in 2010 and is based in Palma de Mallorca, Baleares. XFuel has developed technology for sustainable and cost-effective conversion of biomass waste into a clean and drop-in advanced fuel for the transport sector. Fuel is produced efficiently, at low-cost and with currently up to 90% fewer GHGs than traditional fossil fuel production, with a clear route to achieving carbon negative fuels.

Minus Materials

Convertible Note in 2022
Minus Materials uses microalgae to produce CO2-storing biominerals for the cement and concrete industry. The company was founded to support sustainability and innovation in cement and concrete manufacturing.

Novoloop

Series A in 2022
Novoloop focuses on upcycling plastic waste into high-performance materials, branded as OISTRE™, which are utilized in various applications such as footwear, automotive, and home products. The company transforms packaging waste into materials that perform comparably to traditional fossil fuel-derived products, incorporating up to 50% post-consumer recycled content. This process not only reduces carbon emissions by up to 45% but also employs a low-carbon manufacturing method known as ATOD™, which emphasizes sustainability without compromising quality. Founded in 2015 and based in Philadelphia, Novoloop aims to contribute to a circular economy by providing environmentally friendly alternatives in the materials industry.

XFuel

Seed Round in 2022
XFuel produces sustainable and net-zero road, marine and aviation drop-in fuels for distributors and consumers. The company was founded in 2010 and is based in Palma de Mallorca, Baleares. XFuel has developed technology for sustainable and cost-effective conversion of biomass waste into a clean and drop-in advanced fuel for the transport sector. Fuel is produced efficiently, at low-cost and with currently up to 90% fewer GHGs than traditional fossil fuel production, with a clear route to achieving carbon negative fuels.

OzoneBio

Seed Round in 2022
OzoneBio is a cleantech company that focuses on lignocellulosic waste-derived bio-plastics production. In its workflow, they utilize the unique technology of dead cell fermentation («Zombie cells») that allows them to convert challenging/toxic feedstocks into high-value products and avoid significant expenses and complications related to live-cell fermentation. OzoneBio was founded in 2021 and is headquartered in Toronto, Canada.

AromatEco

Seed Round in 2022
AromatEco assists household brands in becoming more environmentally friendly by delivering renewable flavors and perfumes. Headquartered in London, UK.

AromatEco

Convertible Note in 2022
AromatEco assists household brands in becoming more environmentally friendly by delivering renewable flavors and perfumes. Headquartered in London, UK.

Zymochem

Seed Round in 2021
ZymoChem, Inc. develops microbes and bioprocesses that enable production of chemicals from renewable sources, such as sugars. The company was founded in 2013 and is based in Emeryville, California.

Novoloop

Series A in 2021
Novoloop focuses on upcycling plastic waste into high-performance materials, branded as OISTRE™, which are utilized in various applications such as footwear, automotive, and home products. The company transforms packaging waste into materials that perform comparably to traditional fossil fuel-derived products, incorporating up to 50% post-consumer recycled content. This process not only reduces carbon emissions by up to 45% but also employs a low-carbon manufacturing method known as ATOD™, which emphasizes sustainability without compromising quality. Founded in 2015 and based in Philadelphia, Novoloop aims to contribute to a circular economy by providing environmentally friendly alternatives in the materials industry.

DiviGas

Seed Round in 2021
DiviGas Pte. Ltd., founded in 2019 and based in Singapore, specializes in the development of advanced industrial membranes for various sectors, including refineries, chemical processing, and industrial applications. The company's flagship product, the DIVI-H Membrane, is a hydrogen separation nano-molecular membrane designed to efficiently purify hydrogen from diverse feedstock compositions. This technology finds utility in a wide range of processes, such as hot caprolactam recovery, coal gasification, and ammonia off-gas systems. DiviGas serves multiple industries, including petrochemicals, ammonia and methanol production, metallurgical processes, and power-to-gas systems, offering innovative solutions to enhance operational efficiency and sustainability in these fields.

Ardra

Convertible Note in 2021
Ardra Inc. is a renewable chemicals company based in Toronto, Canada, specializing in the production of petroleum-free specialty chemicals for the personal care and cosmetics industry. Utilizing technology developed at the University of Toronto, Ardra employs model-guided metabolic engineering and synthetic biology to create biocatalysts that convert renewable resources into essential chemicals. The company's flagship product is 1,3-butanediol, a sustainable alternative to petroleum-based counterparts, which is utilized in various applications including cosmetics, food, polymers, and pharmaceuticals. With the cosmetics sector relying heavily on petroleum chemicals, valued at approximately $2.6 billion, Ardra aims to provide environmentally friendly solutions that stabilize and sustain the supply chain while reducing ecological impact.

Zymochem

Convertible Note in 2021
ZymoChem, Inc. develops microbes and bioprocesses that enable production of chemicals from renewable sources, such as sugars. The company was founded in 2013 and is based in Emeryville, California.

DiviGas

Seed Round in 2021
DiviGas Pte. Ltd., founded in 2019 and based in Singapore, specializes in the development of advanced industrial membranes for various sectors, including refineries, chemical processing, and industrial applications. The company's flagship product, the DIVI-H Membrane, is a hydrogen separation nano-molecular membrane designed to efficiently purify hydrogen from diverse feedstock compositions. This technology finds utility in a wide range of processes, such as hot caprolactam recovery, coal gasification, and ammonia off-gas systems. DiviGas serves multiple industries, including petrochemicals, ammonia and methanol production, metallurgical processes, and power-to-gas systems, offering innovative solutions to enhance operational efficiency and sustainability in these fields.

OzoneBio

Seed Round in 2021
OzoneBio is a cleantech company that focuses on lignocellulosic waste-derived bio-plastics production. In its workflow, they utilize the unique technology of dead cell fermentation («Zombie cells») that allows them to convert challenging/toxic feedstocks into high-value products and avoid significant expenses and complications related to live-cell fermentation. OzoneBio was founded in 2021 and is headquartered in Toronto, Canada.

OzoneBio

Convertible Note in 2021
OzoneBio is a cleantech company that focuses on lignocellulosic waste-derived bio-plastics production. In its workflow, they utilize the unique technology of dead cell fermentation («Zombie cells») that allows them to convert challenging/toxic feedstocks into high-value products and avoid significant expenses and complications related to live-cell fermentation. OzoneBio was founded in 2021 and is headquartered in Toronto, Canada.

Novoloop

Convertible Note in 2020
Novoloop focuses on upcycling plastic waste into high-performance materials, branded as OISTRE™, which are utilized in various applications such as footwear, automotive, and home products. The company transforms packaging waste into materials that perform comparably to traditional fossil fuel-derived products, incorporating up to 50% post-consumer recycled content. This process not only reduces carbon emissions by up to 45% but also employs a low-carbon manufacturing method known as ATOD™, which emphasizes sustainability without compromising quality. Founded in 2015 and based in Philadelphia, Novoloop aims to contribute to a circular economy by providing environmentally friendly alternatives in the materials industry.

GEA Enzymes

Convertible Note in 2020
GEA Enzymes is a San Francisco-based company specializing in the production of enzymes for the food industry. The company focuses on creating designer proteins by identifying and manipulating specific enzyme activities. Their innovative enzymes are designed to reduce saturated fat levels in food products while preserving the aroma, taste, and texture that consumers expect. GEA Enzymes aims to enhance the nutritional profile of food while ensuring that the sensory qualities remain intact.

GEA Enzymes

Seed Round in 2020
GEA Enzymes is a San Francisco-based company specializing in the production of enzymes for the food industry. The company focuses on creating designer proteins by identifying and manipulating specific enzyme activities. Their innovative enzymes are designed to reduce saturated fat levels in food products while preserving the aroma, taste, and texture that consumers expect. GEA Enzymes aims to enhance the nutritional profile of food while ensuring that the sensory qualities remain intact.

DiviGas

Convertible Note in 2020
DiviGas Pte. Ltd., founded in 2019 and based in Singapore, specializes in the development of advanced industrial membranes for various sectors, including refineries, chemical processing, and industrial applications. The company's flagship product, the DIVI-H Membrane, is a hydrogen separation nano-molecular membrane designed to efficiently purify hydrogen from diverse feedstock compositions. This technology finds utility in a wide range of processes, such as hot caprolactam recovery, coal gasification, and ammonia off-gas systems. DiviGas serves multiple industries, including petrochemicals, ammonia and methanol production, metallurgical processes, and power-to-gas systems, offering innovative solutions to enhance operational efficiency and sustainability in these fields.

Khepra

Seed Round in 2020
Khepra uses proprietary technology and excess renewable electricity to break down plastics and agricultural waste. The company applies ultrasonic technology to breaking waste streams into drop-in fuels in a novel, completely electrified process. This process is used as a method to use excess solar and wind energy during curtailment and provide clean energy generation during times of low generation. The company is operating in San Francisco, California.

Khepra

Convertible Note in 2020
Khepra uses proprietary technology and excess renewable electricity to break down plastics and agricultural waste. The company applies ultrasonic technology to breaking waste streams into drop-in fuels in a novel, completely electrified process. This process is used as a method to use excess solar and wind energy during curtailment and provide clean energy generation during times of low generation. The company is operating in San Francisco, California.

DeliverFuel

Seed Round in 2020
DeliverFuel is a Delhi-based on-demand fuel delivery startup that offers a mobile application for doorstep refueling services. The company caters to both business-to-business and business-to-consumer markets, providing a convenient solution for fuel delivery. Its application is designed to serve institutions and large machinery, helping clients minimize downtime and mitigate the risks associated with on-site fuel storage and handling. DeliverFuel utilizes a fully integrated in-house designed and manufactured system, ensuring a seamless and efficient service for its customers.

DiviGas

Seed Round in 2020
DiviGas Pte. Ltd., founded in 2019 and based in Singapore, specializes in the development of advanced industrial membranes for various sectors, including refineries, chemical processing, and industrial applications. The company's flagship product, the DIVI-H Membrane, is a hydrogen separation nano-molecular membrane designed to efficiently purify hydrogen from diverse feedstock compositions. This technology finds utility in a wide range of processes, such as hot caprolactam recovery, coal gasification, and ammonia off-gas systems. DiviGas serves multiple industries, including petrochemicals, ammonia and methanol production, metallurgical processes, and power-to-gas systems, offering innovative solutions to enhance operational efficiency and sustainability in these fields.

Primitives

Seed Round in 2019
Primitives is a public benefit company that solves plastic pollution. The company creates materials and tools to alleviate petroleum plastics. It was founded in 2019 and is headquartered in San Francisco, California.

Primitives

Convertible Note in 2019
Primitives is a public benefit company that solves plastic pollution. The company creates materials and tools to alleviate petroleum plastics. It was founded in 2019 and is headquartered in San Francisco, California.

Chemicle

Seed Round in 2019
Chemicle is developing a cost effective and clean chemical process to convert dairy waste into bio-plastic precursors. These are the building blocks of high-performance and totally recyclable plastics, whose production could decrease emissions during the manufacturing phase up to 70%.

Seppure PTE. Ltd

Seed Round in 2019
Up to 15% of the world’s total energy is spent on industrial-scale chemical separations. This is economically and environmentally inefficient. SEPPURE is disrupting the energy-intensive chemical separation processes, such as distillation and evaporation, through the introduction of novel chemical-resistant nanofiltration membranes. SEPPURE’s sustainable process does not use heat, thus lowering global energy use, emissions, and pollution substantially.

GEA Enzymes

Convertible Note in 2019
GEA Enzymes is a San Francisco-based company specializing in the production of enzymes for the food industry. The company focuses on creating designer proteins by identifying and manipulating specific enzyme activities. Their innovative enzymes are designed to reduce saturated fat levels in food products while preserving the aroma, taste, and texture that consumers expect. GEA Enzymes aims to enhance the nutritional profile of food while ensuring that the sensory qualities remain intact.

Seppure PTE. Ltd

Pre Seed Round in 2018
Up to 15% of the world’s total energy is spent on industrial-scale chemical separations. This is economically and environmentally inefficient. SEPPURE is disrupting the energy-intensive chemical separation processes, such as distillation and evaporation, through the introduction of novel chemical-resistant nanofiltration membranes. SEPPURE’s sustainable process does not use heat, thus lowering global energy use, emissions, and pollution substantially.

Oakbio

Seed Round in 2018
Oakbio creates technologies that transform carbon emissions from harmful waste into high value products. Oakbio is a “Carbon Capture and Utilization/Conversion” (CCU) company. Our Vision is to profitably convert CO2 and other green house gases (GHGs) into valuable products. Unlike other companies who are producing relatively low value biofuels, Oakbio is focused on renewable products that are inherently valuable and profitable in and of themselves, with or without a carbon tax or subsidy. Oakbio’s core competency is its deep understanding of microbial metabolism and pathways, and its proven technology platforms. Oakbio’s business model is to partner with established industrial businesses to develop low capex/opex carbon capture and utilization biofactories based on Oakbio’s core technologies.

GEA Enzymes

Seed Round in 2018
GEA Enzymes is a San Francisco-based company specializing in the production of enzymes for the food industry. The company focuses on creating designer proteins by identifying and manipulating specific enzyme activities. Their innovative enzymes are designed to reduce saturated fat levels in food products while preserving the aroma, taste, and texture that consumers expect. GEA Enzymes aims to enhance the nutritional profile of food while ensuring that the sensory qualities remain intact.

UBA Biologix

Seed Round in 2017
UBA Biologix specializes in developing advanced water treatment systems that utilize biological processes to effectively break down and remove contaminants from mining and industrial wastewater. The company is contracted by notable mining firms, including Anglo American, to address toxic chemicals such as sulfates and selenium in effluent, transforming these harmful substances into valuable, marketable products. Initially focused on reducing sulfate levels in mine wastewater in South Africa, UBA Biologix has expanded its services to offer customized solutions for a variety of water contaminants on a global scale, particularly in the coal, gold, and platinum mining sectors. Through its organic bioremediation systems, UBA Biologix aims to promote environmental sustainability while meeting the specific needs of its clients.

GEA Enzymes

Convertible Note in 2016
GEA Enzymes is a San Francisco-based company specializing in the production of enzymes for the food industry. The company focuses on creating designer proteins by identifying and manipulating specific enzyme activities. Their innovative enzymes are designed to reduce saturated fat levels in food products while preserving the aroma, taste, and texture that consumers expect. GEA Enzymes aims to enhance the nutritional profile of food while ensuring that the sensory qualities remain intact.

GEA Enzymes

Funding Round in 2016
GEA Enzymes is a San Francisco-based company specializing in the production of enzymes for the food industry. The company focuses on creating designer proteins by identifying and manipulating specific enzyme activities. Their innovative enzymes are designed to reduce saturated fat levels in food products while preserving the aroma, taste, and texture that consumers expect. GEA Enzymes aims to enhance the nutritional profile of food while ensuring that the sensory qualities remain intact.

Ardra

Seed Round in 2016
Ardra Inc. is a renewable chemicals company based in Toronto, Canada, specializing in the production of petroleum-free specialty chemicals for the personal care and cosmetics industry. Utilizing technology developed at the University of Toronto, Ardra employs model-guided metabolic engineering and synthetic biology to create biocatalysts that convert renewable resources into essential chemicals. The company's flagship product is 1,3-butanediol, a sustainable alternative to petroleum-based counterparts, which is utilized in various applications including cosmetics, food, polymers, and pharmaceuticals. With the cosmetics sector relying heavily on petroleum chemicals, valued at approximately $2.6 billion, Ardra aims to provide environmentally friendly solutions that stabilize and sustain the supply chain while reducing ecological impact.

Novoloop

Angel Round in 2016
Novoloop focuses on upcycling plastic waste into high-performance materials, branded as OISTRE™, which are utilized in various applications such as footwear, automotive, and home products. The company transforms packaging waste into materials that perform comparably to traditional fossil fuel-derived products, incorporating up to 50% post-consumer recycled content. This process not only reduces carbon emissions by up to 45% but also employs a low-carbon manufacturing method known as ATOD™, which emphasizes sustainability without compromising quality. Founded in 2015 and based in Philadelphia, Novoloop aims to contribute to a circular economy by providing environmentally friendly alternatives in the materials industry.

Novoloop

Pre Seed Round in 2015
Novoloop focuses on upcycling plastic waste into high-performance materials, branded as OISTRE™, which are utilized in various applications such as footwear, automotive, and home products. The company transforms packaging waste into materials that perform comparably to traditional fossil fuel-derived products, incorporating up to 50% post-consumer recycled content. This process not only reduces carbon emissions by up to 45% but also employs a low-carbon manufacturing method known as ATOD™, which emphasizes sustainability without compromising quality. Founded in 2015 and based in Philadelphia, Novoloop aims to contribute to a circular economy by providing environmentally friendly alternatives in the materials industry.

Zymochem

Seed Round in 2015
ZymoChem, Inc. develops microbes and bioprocesses that enable production of chemicals from renewable sources, such as sugars. The company was founded in 2013 and is based in Emeryville, California.

Starboard Resources

Seed Round in 2014
Starboard Resources is an independent exploration and production company focused on the operation, acquisition, development and production of conventional and unconventional onshore oil and natural gas resources. The company operates and targets oil production and reserves that offer low-risk development opportunities within multiple formations utilizing horizontal drilling and multi-fracture completion technology. Starboard currently produces from operated oil and natural gas wells in the liquids rich, oil bearing window of the Eagle Ford trend of South Texas and the nearby oil-prone Giddings field. The company is headquartered in San Antonio, Texas.

Petrolance

Seed Round in 2013
Petrolance Inc. specializes in providing software solutions for reservoir engineering within the oil and gas sector. Founded in 2013 and based in Los Angeles, California, the company offers a suite of products designed to enhance hydrodynamic simulation processes. Its flagship product, SimView, serves as a powerful visualizer for simulation data, featuring a user-friendly interface and advanced 2D and 3D plotting tools. SimView is compatible with Schlumberger Eclipse/Intersect formats, with plans to expand support to other formats in the near future. Additionally, Petrolance provides SimEdit, which allows users to edit source data for simulation models, and Javelin, a comprehensive hydrodynamic simulation software. Through these offerings, Petrolance aims to streamline the reporting of simulation results, improve navigation through wells and simulated groups, and facilitate the dynamic visualization of properties on modeling grids.

Skynet Labs

Seed Round in 2013
Skynet Labs Limited provides cloud and mobile solutions for the oil and gas drilling industry. The company offers drilling unit calculator on Android for solving calculation problems for oil and gas drilling companies, as well as oilfield operators, engineers, planners, and technicians. It also develops information capture systems for the oil rig live drilling environment. The company was founded in 2011 and is based in Dublin, Ireland.

Skynet Labs

Pre Seed Round in 2012
Skynet Labs Limited provides cloud and mobile solutions for the oil and gas drilling industry. The company offers drilling unit calculator on Android for solving calculation problems for oil and gas drilling companies, as well as oilfield operators, engineers, planners, and technicians. It also develops information capture systems for the oil rig live drilling environment. The company was founded in 2011 and is based in Dublin, Ireland.
Green Earth Technologies, Inc. is a clean technology company that focuses on creating, developing, and distributing bio-based performance and cleaning products for various markets, including oil and gas, automotive aftermarket, outdoor power equipment, and marine. The company offers a range of products, including well services items like well stimulation agents and equipment cleaners, as well as performance products such as motor oils and fuel stabilizers. Additionally, it provides outdoor cleaning chemicals and automotive appearance products, marketed under brands like G-CLEAN and G-OIL. Green Earth Technologies emphasizes environmentally friendly practices by using renewable feedstocks and ensuring its products are biodegradable, recyclable, and safe for the environment. The company's products are sold directly and through distribution agreements with wholesalers, as well as online, reaching home centers, mass retail outlets, and automotive stores. Founded in 2007 and headquartered in Greenwich, Connecticut, Green Earth Technologies aims to promote sustainability through its innovative product offerings.

Hunton Oil

Seed Round in 2009
Hunton oil is one of the largest oil accumulations producing formation in Oklahoma.
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