Equinor

Equinor is a Norway-based integrated energy company, established in 1972, that engages in the exploration, development, and production of oil and gas, as well as renewable energy sources like wind and solar power. It operates globally, with a significant presence on the Norwegian Continental Shelf, and produces a substantial amount of oil and gas, including refined products such as petrol, diesel, and natural gas. Additionally, Equinor invests in innovative companies through its venture capital arm, Equinor Ventures, focusing on energy, technology, and climate solutions, with a preference for minority stakes and a typical investment range of $1 million to $20 million.

Samuel Byrne

Vice President Operations, Renewables Americas

Kjersti Reinsnos

Managing Director

Sophie Hildebrand

SVP Research and Technology and CTO

89 past transactions

RayGen Resources

Series D in 2025
RayGen is an Australian technology company specializing in next-generation solar power and electricity storage solutions. The company's flagship product, the Solar Power Plant, combines proprietary PV Ultra (solar cogeneration) and Thermal Hydro (electro-thermal storage) technologies to provide utility-scale, on-demand renewable energy with the lowest cost and longest duration storage solution. RayGen's team of 30 employees designs, manufactures, operates, and sells these systems, which can be flexibly located where grid requirements dictate. The company has built and sold a 1MWAC project supported by power purchase agreements and manufactures high-efficiency solar modules at its Melbourne facility. RayGen has received funding support from the Australian Renewable Energy Agency (ARENA) and the Victorian Government's New Energy Jobs Fund.

SkySpecs

Private Equity Round in 2025
SkySpecs, Inc. is a technology company based in Ann Arbor, Michigan, with an additional office in Amsterdam, Netherlands, that specializes in automating operations and maintenance for the wind energy industry through unmanned aerial vehicles. Founded in 2012, the company provides a range of services including analytics, wind turbine blade services, and engineering projects. Its offerings also encompass collaborative software solutions for managing and analyzing data from various sources, as well as digitization and planning for repair campaigns. Notably, SkySpecs has developed Horizon, a reporting software that serves as a central repository for operations and maintenance data related to wind turbine blades, facilitating task management, communication with third parties, and execution of large-scale repair projects. By leveraging its industry expertise and innovative technologies, SkySpecs aims to enhance productivity and efficiency for its clients within the renewable energy sector.

Electronx

Seed Round in 2025
ElectronX is a developer of an electricity exchange platform focused on facilitating the transition of the U.S. grid to renewable energy sources. As the demand for electricity increases and the grid adapts to more intermittent renewable inputs, the company aims to support power providers, consumers, and industry innovators by addressing the challenges associated with volatile electricity pricing. By enabling market participants to hedge risks and monetize their power assets, ElectronX plays a crucial role in modernizing the power market and promoting the adoption of clean energy solutions.

H2SITE

Series B in 2025
H2SITE is a company specializing in renewable technology for on-site hydrogen production. Their systems and membranes are designed for high-efficiency and purity hydrogen generation, suitable for applications such as separation processes or ammonia cracking. The company's compact technology facilitates the production, transportation, and storage of hydrogen, making it viable to transport and unlocking global hydrogen markets. This approach helps businesses reduce costs associated with transportation and minimize energy waste.

eSmart Systems

Venture Round in 2024
eSmart Systems AS, founded in 2012 and headquartered in Halden, Norway, specializes in developing smart grid software solutions for the energy industry and service providers. The company leverages over two decades of international experience in IT and energy-related sectors, providing a cloud-born platform designed to manage the Internet of Things, Big Data, and real-time analytics. Its operational intelligence software aims to enhance energy savings, optimize investments, and reduce carbon footprints through data-driven decisions. The eSmart System Platform collects data from a variety of sources, including sensors and automation systems, while its product suite includes solutions for connected grids, production, buildings, and vehicle applications. The company also tailors applications for utilities, consumers, and professionals, supporting innovation and business development. With nearly 80 employees and additional offices in locations such as Palo Alto, California, eSmart Systems is recognized for its advanced predictive and optimization models that transform vast data quantities into actionable insights for energy grid operators.

Ørsted

Post in 2024
Ørsted is a Danish company specializing in the development and maintenance of offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants. Formerly known as DONG Energy, Ørsted has undergone a significant transformation over the past decade, committing to a vision of a world powered entirely by green energy. The company has dramatically reduced its coal consumption by 73% and aims to completely phase out coal by 2023. As a global leader in offshore wind, Ørsted holds a 25% market share, providing energy to approximately 9.5 million people. By the end of 2023, Ørsted operated 8.9 gigawatts of offshore wind capacity, with the United Kingdom being its largest market, followed by Germany and Denmark. The company is also expanding its presence outside Europe with projects in Taiwan and the United States, where it operates 4.8 gigawatts of onshore wind and solar assets. In addition to its renewable initiatives, Ørsted still engages in traditional utilities, including conventional power plants.

KoBold Metals

Series C in 2024
KoBold Metals is an AI-powered mineral exploration company focused on discovering essential materials for the electric vehicle and renewable energy sectors. The company combines advanced ore-deposit science with big data and scientific computing to enhance mineral exploration efforts. Its data platform aggregates and structures extensive scientific datasets, utilizing machine learning and other sophisticated analytical techniques to predict the composition of subsurface resources. By employing statistical association models and various analytical methods, KoBold Metals helps mineral exploration companies identify new sources of cobalt and other critical materials, thereby contributing to sustainable supply chains for the rapidly growing demand in electric vehicle production.

44.01

Series A in 2024
44.01 is a company focused on the permanent removal of carbon dioxide from the atmosphere through a process of mineralization in peridotite, a rock known for its natural ability to absorb CO2. By leveraging technology to enhance the weathering process, 44.01 converts captured carbon dioxide into solid rock, offering a safe, efficient, and lasting solution for carbon management. The company's services are designed to assist various industries in their efforts to eliminate carbon emissions, thereby contributing to environmental sustainability and climate change mitigation.

Captura

Series A in 2024
Captura is a company focused on developing advanced carbon capture technology that extracts carbon dioxide from ocean water. By leveraging the natural carbon removal capabilities of the ocean, Captura aims to provide a scalable and cost-effective solution for carbon capture and sequestration. Its innovative system enables businesses to capture carbon dioxide using renewable electricity and ocean water, producing no harmful by-products. This approach positions Captura to meet the increasing demand in the carbon credit market while contributing significantly to efforts against climate change.

Inherit Carbon Solutions

Seed Round in 2024
Inherit Carbon Solutions creates durable nature-friendly carbon removal solutions.

Nth Cycle

Series B in 2023
Nth Cycle is a metal processing technology company focused on recovering critical minerals from e-waste and low-grade mine tailings. Utilizing its innovative electro-extraction technology, Nth Cycle offers a cleaner and customizable alternative to traditional methods such as hydrometallurgy and pyrometallurgy. This technology allows for the efficient reclamation of valuable metals, thereby reducing reliance on primary mining and establishing a secure secondary source of these essential materials within the United States. By enabling the manufacturing and recycling industries to access new metal sources, Nth Cycle plays a crucial role in supporting the transition to clean energy.

Infravision

Series A in 2023
Infravision specializes in custom engineering solutions focused on power line stringing for maintenance, repair, and construction projects in the energy, infrastructure, and mining sectors. The company utilizes drone technology, specifically a heavy-lift unmanned aircraft, to install line hardware on overhead earth wires and conductors, significantly reducing environmental impacts. Their innovative stringing system, known as TX, aims to enhance efficiency while preserving vegetation, local fauna, and agricultural land. Infravision is committed to assisting electric utilities in modernizing power grids through drone-enabled upgrades, providing certified solutions that facilitate sustainability and operational improvement across various projects worldwide.

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.

Rio Energy

Acquisition in 2023
Rio Energy is an environmental firm that focuses on the development, construction, and operation of renewable energy projects. The company specializes in creating power generation platforms that emphasize efficiency and sustainability. With integrated capabilities, Rio Energy delivers insights and services that support the full functionality of its projects, ensuring they operate effectively. The firm's commitment to the renewable energy sector positions it as a key player in the transition to sustainable power solutions.

KoBold Metals

Series B in 2023
KoBold Metals is an AI-powered mineral exploration company focused on discovering essential materials for the electric vehicle and renewable energy sectors. The company combines advanced ore-deposit science with big data and scientific computing to enhance mineral exploration efforts. Its data platform aggregates and structures extensive scientific datasets, utilizing machine learning and other sophisticated analytical techniques to predict the composition of subsurface resources. By employing statistical association models and various analytical methods, KoBold Metals helps mineral exploration companies identify new sources of cobalt and other critical materials, thereby contributing to sustainable supply chains for the rapidly growing demand in electric vehicle production.

Carbon Recycling International

Funding Round in 2023
Carbon Recycling International Inc. specializes in the production of renewable methanol, utilizing carbon dioxide, hydrogen, and electricity as key inputs. Founded in 2006 and based in Kopavogur, Iceland, the company has developed innovative technology for converting waste gases and renewable energy into methanol, which serves as a sustainable alternative for energy storage, fuel applications, and chemical products. Its proprietary Emissions-to-Liquids process allows for the direct synthesis of methanol from carbon dioxide, complemented by large-scale water electrolyzers and the purification of industrial flue gases. Carbon Recycling International's methanol, marketed under the brand name Vulcanol, is derived from renewable energy sources such as hydro, geothermal, wind, and solar. The company provides its advanced technology to power generation and industrial production sectors, contributing to efforts in reducing carbon emissions and promoting sustainable practices.

Semodia

Series A in 2023
Semodia is a developer of automation software aimed at enhancing modularization within process industries. The company focuses on creating solutions that eliminate the challenges associated with monolithic systems and vendor lock-in, allowing for greater flexibility in laboratory, technical center, and production environments. Semodia's platform analyzes existing databases and integrates modular components, facilitating the transition to Module Type Package (MTP) compatible systems. This approach not only streamlines processes but also helps businesses improve efficiency and reduce operational costs. By leveraging the NAMUR open architecture, Semodia positions itself as a leader in providing innovative solutions tailored to the needs of the process industry.

Lithium de France

Series B in 2023
Lithium de France, a subsidiary of the French group Arverne, specializes in the development of geothermal heat and lithium projects. The company focuses on harnessing geothermal energy to produce sustainable heat, creating large-scale heating networks that facilitate the transition to environmentally friendly practices. By collaborating with experts in subsoil management, geothermal energy, and lithium refining, Lithium de France aims to support clients in achieving a carbon-free future. Through its innovative approach, the company plays a significant role in advancing sustainable energy solutions.

Green Li-ion

Series B in 2023
Green Li-ion, established in 2020 with headquarters in Singapore, specializes in innovative battery recycling technology. The company's patented deep tech process enhances the purity of recycled materials, allowing lithium-ion batteries to be rejuvenated and reused efficiently. This unique approach addresses environmental concerns and improves profitability compared to conventional recycling methods by a factor of four.

Suncor Energy

Acquisition in 2023
Suncor Energy Inc. is an integrated energy company based in Calgary, Canada, primarily focused on the development of petroleum resource basins in the Athabasca oil sands, one of the largest oil reserves globally. The company engages in the exploration, production, and marketing of crude oil both in Canada and internationally. Its operations are divided into several segments, including Oil Sands, which involves the recovery and upgrading of bitumen; Exploration and Production, which includes offshore activities in Canada and international assets; and Refining and Marketing, where crude oil is refined into various petroleum products marketed through its Petro-Canada retail network. Additionally, Suncor is committed to advancing the transition to a low-emissions future by investing in renewable energy sources and power generation, while also participating in energy trading activities related to crude oil and natural gas. Founded in 1917, Suncor has established itself as a significant player in the global energy market.

Sif Holding

Post in 2023
Sif Holding N.V. is a manufacturer and supplier of steel tubulars primarily for the offshore wind and oil and gas sectors. Founded in 1948 and headquartered in Roermond, the Netherlands, the company operates through three segments: Wind, Oil and Gas, and Other. Its product offerings include monopiles, jackets, and various foundation components essential for offshore structures. Sif has established a strong presence in the North Sea market, particularly in subsea structures for the oil and gas industry. Additionally, the company provides logistical services and facilities, mainly supporting the offshore wind industry. Sif serves a diverse range of clients, including developers, engineering and production contractors, and energy companies, both domestically and internationally.

HSL Technologies

Series A in 2023
HSL Technologies specializes in innovative hydrogen transport and storage solutions, centered around its proprietary HydroSil technology. This breakthrough allows for the safe transportation of hydrogen using conventional infrastructure, significantly reducing risks associated with hydrogen handling. The company designs a hydrogen-based liquid carrier that enables the charging and releasing of hydrogen in a stable, non-toxic, and non-explosive form. This carrier generates no emissions and is suitable for various applications, including fuel cells that power vehicles, generators, and portable devices. HSL Technologies is committed to sustainability and aims to lead the transition towards a carbon-free future, positioning itself as a key player in the evolving hydrogen industry.

Captura

Series A in 2023
Captura is a company focused on developing advanced carbon capture technology that extracts carbon dioxide from ocean water. By leveraging the natural carbon removal capabilities of the ocean, Captura aims to provide a scalable and cost-effective solution for carbon capture and sequestration. Its innovative system enables businesses to capture carbon dioxide using renewable electricity and ocean water, producing no harmful by-products. This approach positions Captura to meet the increasing demand in the carbon credit market while contributing significantly to efforts against climate change.

Danske Commodities

Corporate Round in 2022
Danske Commodities A/S is an independent energy trading house based in Aarhus, Denmark, with additional offices in Hamburg, Istanbul, and London. Established in 2004, the company specializes in trading power and gas across borders, leveraging its extensive market knowledge and a 24-hour trading setup to provide tailored services for renewable producers, conventional assets, and energy suppliers. Danske Commodities offers a range of services, including production management, market monitoring, and risk management solutions, as well as consumption optimization and forecasting. The company operates in 39 countries, connecting producers, suppliers, and consumers to wholesale energy markets and creating commercial opportunities in a dynamic energy landscape. In 2019, Danske Commodities became a subsidiary of Equinor ASA.

RepAir

Series A in 2022
RepAir is a company focused on developing innovative technology to facilitate carbon removal from the atmosphere, aiming to contribute to a carbon-negative future. The company has created an electrochemical device that efficiently captures carbon dioxide by utilizing electricity. This device streams atmospheric air through a unique membrane that selectively separates carbon dioxide, releasing clean air back into the environment. RepAir's technology is designed for large-scale deployment, emphasizing environmental sustainability through its fully electric operation, which requires minimal energy and generates no hazardous materials or waste. By promoting renewable energy sources and reducing energy costs, RepAir positions itself as a leader in the transition towards more sustainable carbon management solutions.

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.

Sol Clarity

Pre Seed Round in 2022
Sol Clarity is focused on the development and production of innovative solutions for solar energy efficiency, specifically through its self-cleaning technology. The company creates transparent Electrodynamic Screens (EDS) that can be applied as overlays on solar panels or integrated during the manufacturing process. These screens utilize a system of interdigitated, parallel electrodes to generate a traveling electric wave, which charges dust particles and effectively removes them from the panel's surface. This technology ensures that solar panels stay clean without the need for water, manual labor, or moving parts, thereby enhancing the energy output of solar installations and contributing to their overall effectiveness and reliability.

eSmart Systems

Series B in 2022
eSmart Systems AS, founded in 2012 and headquartered in Halden, Norway, specializes in developing smart grid software solutions for the energy industry and service providers. The company leverages over two decades of international experience in IT and energy-related sectors, providing a cloud-born platform designed to manage the Internet of Things, Big Data, and real-time analytics. Its operational intelligence software aims to enhance energy savings, optimize investments, and reduce carbon footprints through data-driven decisions. The eSmart System Platform collects data from a variety of sources, including sensors and automation systems, while its product suite includes solutions for connected grids, production, buildings, and vehicle applications. The company also tailors applications for utilities, consumers, and professionals, supporting innovation and business development. With nearly 80 employees and additional offices in locations such as Palo Alto, California, eSmart Systems is recognized for its advanced predictive and optimization models that transform vast data quantities into actionable insights for energy grid operators.

Elestor

Venture Round in 2022
Elestor BV, founded in 2014 by Wiebrand Kout and headquartered in Arnhem, the Netherlands, specializes in energy storage systems aimed at optimizing the use of self-generated renewable electricity. The company focuses on developing large-scale, cost-effective technologies that can be integrated with hydrogen infrastructures and electrolyzers. This integration significantly reduces the production costs of green hydrogen, allowing clients to lower their electricity storage expenses. Elestor's innovative approach positions it as a key player in the renewable energy sector, facilitating the efficient storage of electricity and promoting sustainable energy solutions.

Data Gumbo

Series C in 2022
Data Gumbo Corporation is a Houston-based company, founded in 2016, that specializes in blockchain-based smart contract services. The company offers a unique Blockchain-as-a-Service platform that automates the execution of smart contracts by utilizing standardized data collected from real-time sensors and operational systems. This platform enhances operational efficiency by enabling enterprises to validate and automate transactions, thus eliminating payment delays and disputes. Data Gumbo serves clients primarily in the oil and gas industry, but its solutions are applicable across various sectors, promoting transparency and accountability in business transactions. The company's technology integrates distributed ledger capabilities with IoT data, allowing organizations to manage contracts with greater certainty while simplifying compliance with environmental, social, and governance standards. With additional offices in Stavanger, Norway, Data Gumbo aims to transform the way companies transact by increasing operational visibility and reducing the need for audits.

Revterra

Series A in 2022
Revterra Corporation is a Texas-based company focused on the development of flywheel energy storage systems tailored for grid and utility-scale applications, including renewable energy sources such as wind and solar power. Established in 2017, Revterra employs patented technology featuring passive magnetic bearings that facilitate efficient energy storage by operating at high speeds with low power consumption. The company positions its kinetic battery platform as a solution to power infrastructure challenges, thereby promoting renewable energy adoption and facilitating electrification demands. Additionally, its technology supports charge point operators in providing ultra-fast electric vehicle charging, streamlining installation processes, and minimizing the need for extensive infrastructure upgrades.

East Point Energy

Acquisition in 2022
East Point Energy, LLC is an energy storage company based in Charlottesville, Virginia, founded in 2017. The company focuses on developing and operating utility-scale energy storage projects that enhance the affordability, reliability, and resilience of the electrical grid. East Point Energy partners with utilities, independent power producers, landowners, and communities to deploy standalone, front-of-the-meter battery storage systems. By facilitating the integration of renewable energy into the grid, the company aims to improve overall grid performance and support environmental sustainability.

H2SITE

Series A in 2022
H2SITE is a company specializing in renewable technology for on-site hydrogen production. Their systems and membranes are designed for high-efficiency and purity hydrogen generation, suitable for applications such as separation processes or ammonia cracking. The company's compact technology facilitates the production, transportation, and storage of hydrogen, making it viable to transport and unlocking global hydrogen markets. This approach helps businesses reduce costs associated with transportation and minimize energy waste.

Electric Hydrogen

Series B in 2022
Electric Hydrogen is a company focused on deep decarbonization by developing low-cost, high-efficiency systems for producing fossil-free hydrogen. The company targets industrial sectors such as ammonia and steel production, which contribute significantly to global greenhouse gas emissions. By rethinking electrolysis technology from scratch, Electric Hydrogen aims to make clean hydrogen competitive with traditional methods in terms of cost and scale. Their advanced PEM (Proton Exchange Membrane) technology uses renewable electricity to generate clean hydrogen gas, reducing industrial pollution and dependence on fossil fuels. The company's leadership team brings extensive experience from pioneering clean energy companies like Tesla and First Solar, positioning Electric Hydrogen as a strong contender in the quest for zero-emission industrial processes.

Beam

Series B in 2022
Rovco Ltd is a company based in Bristol, United Kingdom, specializing in underwater hydrographic survey and inspection services through the use of remotely operated vehicles (ROVs) and autonomous underwater vehicles (AUVs). Founded in 2015, Rovco serves clients in the oil, gas, and renewable energy sectors by offering advanced technologies that enhance the management and inspection of subsea assets. The company's innovative solutions include 3D photogrammetry, which creates detailed 3D models from high-resolution photographs, allowing clients to assess their assets for damage, corrosion, and marine growth. By leveraging artificial intelligence and machine learning, Rovco provides autonomous subsea robotics and advanced inspection capabilities, enabling clients to make informed engineering decisions and undertake preventative maintenance, thereby reducing project risks and costs.

Booster

Series D in 2022
Booster is a mobile energy delivery company based in San Mateo, California, that focuses on decarbonizing last-mile delivery. Established in 2015, it provides a full-service gas station on wheels, allowing customers to refuel their vehicles at any location via a mobile application. This innovative approach has enabled over 120,000 customers and more than 300 businesses to save significant time and resources, with reported savings of over eight million miles driven and four million pounds of CO2 emissions avoided. By streamlining fuel delivery, Booster helps businesses reclaim more than 31,000 labor hours annually, while also reducing wear and tear on vehicles and minimizing fueling costs.

SkySpecs

Series D in 2022
SkySpecs, Inc. is a technology company based in Ann Arbor, Michigan, with an additional office in Amsterdam, Netherlands, that specializes in automating operations and maintenance for the wind energy industry through unmanned aerial vehicles. Founded in 2012, the company provides a range of services including analytics, wind turbine blade services, and engineering projects. Its offerings also encompass collaborative software solutions for managing and analyzing data from various sources, as well as digitization and planning for repair campaigns. Notably, SkySpecs has developed Horizon, a reporting software that serves as a central repository for operations and maintenance data related to wind turbine blades, facilitating task management, communication with third parties, and execution of large-scale repair projects. By leveraging its industry expertise and innovative technologies, SkySpecs aims to enhance productivity and efficiency for its clients within the renewable energy sector.

Beeyonder

Seed Round in 2022
Beeyonder is a virtual travel company focused on delivering customer-centric experiences through engaging virtual tours. The company aims to make travel accessible for diverse groups, including corporate teams, senior facilities, educational institutions, and non-profit organizations. Beeyonder's platform is designed to simplify the booking process for virtual tours, allowing users to explore the world from the comfort of their homes. By catering to individuals with limited mobility and those seeking sustainable travel options, Beeyonder enables memorable experiences that foster connection and engagement.

Vaarst

Series B in 2022
Vaarst is a developer of robotic analytic solutions focused on ocean applications and mobile autonomous robotics. The company utilizes advanced computer vision technology to capture, store, manage, and analyze data, incorporating features such as live streaming and geo-referencing. Vaarst's innovative approach aims to streamline inspection processes, significantly reducing costs and minimizing the time required for thorough examinations. By leveraging machine learning, Vaarst enhances the efficiency and effectiveness of data analysis in maritime environments.

KoBold Metals

Series B in 2022
KoBold Metals is an AI-powered mineral exploration company focused on discovering essential materials for the electric vehicle and renewable energy sectors. The company combines advanced ore-deposit science with big data and scientific computing to enhance mineral exploration efforts. Its data platform aggregates and structures extensive scientific datasets, utilizing machine learning and other sophisticated analytical techniques to predict the composition of subsurface resources. By employing statistical association models and various analytical methods, KoBold Metals helps mineral exploration companies identify new sources of cobalt and other critical materials, thereby contributing to sustainable supply chains for the rapidly growing demand in electric vehicle production.

ContextLabs

Funding Round in 2022
Context Labs offers enterprise platform solutions focused on enhancing trust and transparency across both digital and physical environments. The company specializes in blockchain-enabled technologies, providing secure distributed ledgers, data interoperability, and trusted identity management. Its product offerings include components that facilitate machine learning and AI-driven analytics, enabling clients to gain context-driven insights and transform their supply chain ecosystems. Additionally, Context Labs delivers network graph analytics and data visualization tools, supporting big data integration and enhancing overall data fabric interoperability. Through these innovations, the company aims to empower organizations with the ability to manage and analyze complex datasets effectively.

Noriker Power

Venture Round in 2021
Noriker Power builds and operates a portfolio of energy assets, developing projects from origination through to delivering grid services. They provide project development, asset optimization, control systems & integration, and data services.

Interface Fluidics

Series B in 2021
Interface Fluidics is an international technology company specializing in reservoir fluid analysis services aimed at optimizing oil production. Utilizing a proprietary nanofluidic technology platform, the company enables oil and gas producers to gain deeper insights into their reservoirs, thereby enhancing their confidence in production decisions. Through its expertise in microfluidic reservoir modeling and fluid characterization, Interface Fluidics evaluates the effectiveness of new processes and provides critical fluid analysis services. This innovative approach helps clients visualize fluid interactions and ultimately increases productivity in the oil and gas sector.

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.

LevelTen Energy

Series C in 2021
LevelTen Energy is a Seattle-based company that operates a renewable energy transaction marketplace platform. Founded in 2016, it facilitates connections between corporate and industrial power buyers and utility-scale wind, solar, and storage projects. The platform enables these buyers to access power purchase agreements (PPAs), providing financial security through fixed-price renewables and the economic advantages of large-scale projects. LevelTen Energy equips renewable energy buyers, advisors, and sellers with tools and services to expedite better deals.

Data Gumbo

Series B in 2021
Data Gumbo Corporation is a Houston-based company, founded in 2016, that specializes in blockchain-based smart contract services. The company offers a unique Blockchain-as-a-Service platform that automates the execution of smart contracts by utilizing standardized data collected from real-time sensors and operational systems. This platform enhances operational efficiency by enabling enterprises to validate and automate transactions, thus eliminating payment delays and disputes. Data Gumbo serves clients primarily in the oil and gas industry, but its solutions are applicable across various sectors, promoting transparency and accountability in business transactions. The company's technology integrates distributed ledger capabilities with IoT data, allowing organizations to manage contracts with greater certainty while simplifying compliance with environmental, social, and governance standards. With additional offices in Stavanger, Norway, Data Gumbo aims to transform the way companies transact by increasing operational visibility and reducing the need for audits.

Carbon Clean

Series B in 2021
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.

Seekops

Series B in 2021
SeekOps Inc. is a company based in Austin, Texas, that specializes in leak detection services for the oil and gas sector. Incorporated in 2017, it focuses on developing advanced gas sensing technology and data solutions aimed at enhancing greenhouse gas emissions reporting for energy customers. SeekOps provides quantification and handheld concentration measurement services, utilizing small unmanned aerial vehicles equipped with sensors that detect natural gas emissions with high accuracy and minimal false positives. The company's innovative approach allows for the localization of methane emissions and precise quantification, thereby enabling clients to improve their emissions measurement and reporting standards while addressing environmental, health, and safety concerns. SeekOps serves a diverse clientele both in the United States and internationally.

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.

Syzygy Plasmonics

Series B in 2021
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.

Hyperion Global Energy

Seed Round in 2021
Hyperion Global Energy specializes in the development of advanced modular carbon capture and recycling technology aimed at addressing the challenges of heavy industry and climate change. The company has created innovative thermal reactors that divert waste carbon dioxide emissions and convert them into high-value mineral commodities. By employing patented technology, Hyperion is capable of generating significant amounts of power within a compact design, contributing to solutions for the energy crisis. This approach not only enhances energy efficiency but also aids in providing affordable, clean, and safe energy, thereby making a meaningful impact on reducing environmental damage.

Data Gumbo

Series B in 2020
Data Gumbo Corporation is a Houston-based company, founded in 2016, that specializes in blockchain-based smart contract services. The company offers a unique Blockchain-as-a-Service platform that automates the execution of smart contracts by utilizing standardized data collected from real-time sensors and operational systems. This platform enhances operational efficiency by enabling enterprises to validate and automate transactions, thus eliminating payment delays and disputes. Data Gumbo serves clients primarily in the oil and gas industry, but its solutions are applicable across various sectors, promoting transparency and accountability in business transactions. The company's technology integrates distributed ledger capabilities with IoT data, allowing organizations to manage contracts with greater certainty while simplifying compliance with environmental, social, and governance standards. With additional offices in Stavanger, Norway, Data Gumbo aims to transform the way companies transact by increasing operational visibility and reducing the need for audits.

Earth Science Analytics

Series B in 2020
Earth Science Analytics AS is a Norwegian company specializing in cloud-based software solutions for the petroleum geosciences market. Founded in 2012 and headquartered in Stavanger, it offers a range of geoscience-driven software products designed to enhance exploration success in complex geological environments. The company's primary platform, EarthNET, is a web-based, geospatial-oriented software as a service (SaaS) that utilizes artificial intelligence to predict rock and fluid properties in the subsurface. Additional offerings include EarthBANK, a geo-data management platform; EarthGRAPH, a data visualization tool; and EarthINSIGHT, a decision support tool. Through machine learning workflows, Earth Science Analytics aims to deliver high-quality, data-driven predictions to clients in the exploration and production sector, improving efficiency, precision, and cost-effectiveness compared to traditional methods.

Commonwealth Fusion Systems

Series A in 2020
Commonwealth Fusion Systems LLC is an energy research company based in Cambridge, Massachusetts, focused on developing fusion energy technology to address climate change. Established in 2017 as a spin-out from the Massachusetts Institute of Technology, the company utilizes rare-earth barium copper oxide superconductor technology to enhance fusion energy production. By integrating proven physics with advanced superconducting magnet technology, Commonwealth Fusion Systems aims to accelerate the commercialization of fusion energy. The company's efforts are directed toward designing and constructing fusion machines that promise limitless and clean energy, positioning them as a key player in the transition to renewable energy sources. Through collaboration with MIT's Plasma Science and Fusion Center, the company leverages decades of government-funded research to innovate within the private sector, ultimately contributing to the global pursuit of sustainable energy solutions.

Seekops

Series A in 2019
SeekOps Inc. is a company based in Austin, Texas, that specializes in leak detection services for the oil and gas sector. Incorporated in 2017, it focuses on developing advanced gas sensing technology and data solutions aimed at enhancing greenhouse gas emissions reporting for energy customers. SeekOps provides quantification and handheld concentration measurement services, utilizing small unmanned aerial vehicles equipped with sensors that detect natural gas emissions with high accuracy and minimal false positives. The company's innovative approach allows for the localization of methane emissions and precise quantification, thereby enabling clients to improve their emissions measurement and reporting standards while addressing environmental, health, and safety concerns. SeekOps serves a diverse clientele both in the United States and internationally.

Interface Fluidics

Series A in 2019
Interface Fluidics is an international technology company specializing in reservoir fluid analysis services aimed at optimizing oil production. Utilizing a proprietary nanofluidic technology platform, the company enables oil and gas producers to gain deeper insights into their reservoirs, thereby enhancing their confidence in production decisions. Through its expertise in microfluidic reservoir modeling and fluid characterization, Interface Fluidics evaluates the effectiveness of new processes and provides critical fluid analysis services. This innovative approach helps clients visualize fluid interactions and ultimately increases productivity in the oil and gas sector.

eSmart Systems

Venture Round in 2019
eSmart Systems AS, founded in 2012 and headquartered in Halden, Norway, specializes in developing smart grid software solutions for the energy industry and service providers. The company leverages over two decades of international experience in IT and energy-related sectors, providing a cloud-born platform designed to manage the Internet of Things, Big Data, and real-time analytics. Its operational intelligence software aims to enhance energy savings, optimize investments, and reduce carbon footprints through data-driven decisions. The eSmart System Platform collects data from a variety of sources, including sensors and automation systems, while its product suite includes solutions for connected grids, production, buildings, and vehicle applications. The company also tailors applications for utilities, consumers, and professionals, supporting innovation and business development. With nearly 80 employees and additional offices in locations such as Palo Alto, California, eSmart Systems is recognized for its advanced predictive and optimization models that transform vast data quantities into actionable insights for energy grid operators.

Data Gumbo

Series A in 2019
Data Gumbo Corporation is a Houston-based company, founded in 2016, that specializes in blockchain-based smart contract services. The company offers a unique Blockchain-as-a-Service platform that automates the execution of smart contracts by utilizing standardized data collected from real-time sensors and operational systems. This platform enhances operational efficiency by enabling enterprises to validate and automate transactions, thus eliminating payment delays and disputes. Data Gumbo serves clients primarily in the oil and gas industry, but its solutions are applicable across various sectors, promoting transparency and accountability in business transactions. The company's technology integrates distributed ledger capabilities with IoT data, allowing organizations to manage contracts with greater certainty while simplifying compliance with environmental, social, and governance standards. With additional offices in Stavanger, Norway, Data Gumbo aims to transform the way companies transact by increasing operational visibility and reducing the need for audits.

Reactive Technologies

Series C in 2019
Reactive Technologies LTD is an energy technology company based in London, United Kingdom, focused on facilitating the transition to clean energy through innovative solutions for grid operators, electric utilities, and renewable asset owners. The company offers a range of advanced technologies, including GridMetrix, which provides real-time inertia measurements for transmission system operators, and GridMetrix for distribution network operators, which measures system strength and helps manage constraints. Its Tradenergy platform enhances forecasting, risk management, and optimization for energy flexibility, while the Dynamic PPA feature allows generators to capitalize on market opportunities and mitigate price risks. Reactive Technologies is recognized for its groundbreaking Grid-Sonar™ technology, which delivers precise data on grid operations, thereby improving planning and maximizing electricity supply utilization. Established in 2010, the company has expanded its reach internationally, with commercial offices in the UK, USA, and Australia, and an R&D center in Finland.

Oxford PV

Series D in 2019
Oxford PV is a company based in Oxford, United Kingdom, founded in 2010 by Henry Snaith and Kevin Arthur. It specializes in the development and commercialization of thin-film perovskite solar cells, which are designed to be printed directly onto silicon solar cells, CIGS solar cells, or glass. The company's innovative technology enhances photovoltaic performance by efficiently capturing specific parts of the solar spectrum, providing a low-cost and lightweight alternative for energy generation. Oxford PV aims to contribute significantly to the growth of renewable energy globally through its advanced solar cell solutions.

Nesh

Pre Seed Round in 2019
Nesh is a technology company that specializes in developing a smart assistant tailored for the oil, gas, chemicals, materials, and advanced manufacturing industries. Founded in 2017 and headquartered in Houston, Texas, Nesh leverages artificial intelligence and natural language processing to organize and make accessible the vast knowledge within enterprises. The platform allows users to obtain technical answers, market data, and insights in a conversational format, facilitating faster decision-making. It supports various workflows, including competitive benchmarking, market intelligence, and the scheduling and monitoring of activities. By autonomously updating from multiple sources, such as technical papers and social media feeds, Nesh enhances operational efficiency in oilfield management and provides commercial teams with tools to streamline their sales processes, improve customer interactions, and accelerate deal cycles. The company's innovative approach helps organizations maximize their existing knowledge and drive performance across sectors like specialty chemicals, life sciences, and advanced manufacturing.

Yellow Door Energy

Series A in 2019
Yellow Door Energy, established in 2015 with headquarters in Dubai and operations in Amman, specializes in distributed solar power generation for commercial and industrial customers across the Middle East and Africa. The company finances, designs, builds, operates, and maintains solar plants, enabling clients to adopt renewable energy solutions without upfront capital expenditure. Once operational, clients pay a monthly bill based on electricity produced. Yellow Door Energy aims to develop over 1 gigawatt of distributed solar capacity, demonstrating its commitment to sustainability and clean energy in the region.

Scatec ASA

Post in 2018
Scatec ASA is an integrated independent solar power producer based in Oslo, Norway. Founded in 2007, the company specializes in the design, development, financing, engineering, procurement, construction management, ownership, operation, and maintenance of solar photovoltaic power plants. Scatec operates through three segments: Power Production, Services, and Development and Construction. With a portfolio of 1.9 GW in operation and under construction, Scatec's projects are located in various countries, including Argentina, Brazil, the Czech Republic, Egypt, Honduras, Jordan, Malaysia, Mozambique, Rwanda, South Africa, and Ukraine. The company aims to deliver affordable and sustainable clean energy solutions globally. Scatec changed its name from Scatec Solar ASA in November 2020 to reflect its broader focus and capabilities in the renewable energy sector.

Danske Commodities

Acquisition in 2018
Danske Commodities A/S is an independent energy trading house based in Aarhus, Denmark, with additional offices in Hamburg, Istanbul, and London. Established in 2004, the company specializes in trading power and gas across borders, leveraging its extensive market knowledge and a 24-hour trading setup to provide tailored services for renewable producers, conventional assets, and energy suppliers. Danske Commodities offers a range of services, including production management, market monitoring, and risk management solutions, as well as consumption optimization and forecasting. The company operates in 39 countries, connecting producers, suppliers, and consumers to wholesale energy markets and creating commercial opportunities in a dynamic energy landscape. In 2019, Danske Commodities became a subsidiary of Equinor ASA.

ScoutDI

Venture Round in 2018
Scout Drone Inspection AS, based in Trondheim, Norway, specializes in designing and developing advanced drones and cloud-based data analytics tools for indoor inspections, particularly in confined spaces. Founded in 2017, the company has created the Scout 137 drone, which facilitates the inspection of indoor industrial assets without the need for scaffolding or climbing, thus reducing costs and enhancing safety. The drones are equipped with indoor collision avoidance technology and planned navigation routes, allowing for autonomous operation. Through the Scout Portal, users can monitor inspections in real-time, accurately location-tag findings within a 3D asset model, and generate comprehensive reports. ScoutDI serves a diverse clientele across all continents, addressing the challenges of manual visual inspections while improving efficiency and safety in industrial settings.

fos4X

Series B in 2018
fos4X GmbH, established in Munich, Germany in 2010, specializes in manufacturing high-performance fiber optic measurement equipment. The company's primary focus is on monitoring lightweight structures, particularly rotor blades in wind turbines. Their innovative fiber-optic measuring systems are designed to withstand extreme loads and strains, offering significant advantages over conventional sensors. Following its acquisition by Polytech A/S in September 2020, fos4X continues to provide advanced measurement technology solutions for optimizing power output and monitoring energy usage in wind power plants.

Upwing Energy

Venture Round in 2018
Upwing Energy, Inc. is a technology developer focused on enhancing natural gas production through innovative artificial lift solutions. Incorporated in 2015 and headquartered in Cerritos, California, the company specializes in the Upwing Subsurface Compressor Systems, which optimize gas well performance by enabling higher drawdown at the compressor's suction, thereby increasing gas production and recoverable reserves while reducing energy consumption. Upwing's magnetic drive system further enhances oil production by leveraging magnetic technologies to drive and levitate the rotor on a retrievable string without requiring mechanical and electrical connections. This technology is applicable in both onshore and offshore subsea wells, positioning Upwing Energy as a leader in improving production and recovery rates from conventional and unconventional natural gas resources, ultimately aiming to maximize the economic returns for its clients. Upwing Energy operates as a subsidiary of Calnetix Technologies, LLC.

Oxford PV

Series D in 2018
Oxford PV is a company based in Oxford, United Kingdom, founded in 2010 by Henry Snaith and Kevin Arthur. It specializes in the development and commercialization of thin-film perovskite solar cells, which are designed to be printed directly onto silicon solar cells, CIGS solar cells, or glass. The company's innovative technology enhances photovoltaic performance by efficiently capturing specific parts of the solar spectrum, providing a low-cost and lightweight alternative for energy generation. Oxford PV aims to contribute significantly to the growth of renewable energy globally through its advanced solar cell solutions.

Mainspring

Series C in 2018
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.

Petrobras

Post in 2017
Petrobras is a Brazil-based integrated energy company, established in 1953 and controlled by the Brazilian government. The company specializes in the exploration and production of oil and gas, primarily in offshore fields, where it has developed advanced technology for deep and ultra-deep water extraction. In 2023, Petrobras produced 2.8 million barrels of oil equivalent per day, with oil making up 80% of this output, and its reserves totaled 10.9 billion barrels of oil equivalent, consisting of 85% oil. Petrobras operates ten refineries in Brazil, with a combined capacity of 1.8 million barrels per day, and is involved in the distribution of refined products and natural gas across the country. The company is recognized for its commitment to socio-environmental responsibility and has been listed on the Dow Jones Sustainability Index since 2006, reflecting its focus on improving corporate governance and adhering to international transparency standards.

Ambyint

Series A in 2017
Ambyint Inc. is a Calgary-based company that specializes in artificial lift optimization solutions for exploration and production (E&P) companies in the oil and gas sector. Founded in 2004 and originally known as PumpWell Solutions Ltd., Ambyint develops advanced software that integrates artificial intelligence with traditional physics-based techniques to enhance production outcomes. Its key offerings include the Amplify Real-Time Controller, which provides real-time control and optimization capabilities, and the Infinity Optimization Platform, designed for real-time visualization and monitoring. The company's solutions automate diagnostic processes, adjust operational parameters, and predict failures, resulting in improved production efficiency and reduced lifting costs. Ambyint's technology can be deployed with existing supervisory control and data acquisition (SCADA) systems or through its High Resolution Adaptive Controllers, facilitating higher resolution data acquisition and automated control of artificial lift systems.

Oxford PV

Series C in 2017
Oxford PV is a company based in Oxford, United Kingdom, founded in 2010 by Henry Snaith and Kevin Arthur. It specializes in the development and commercialization of thin-film perovskite solar cells, which are designed to be printed directly onto silicon solar cells, CIGS solar cells, or glass. The company's innovative technology enhances photovoltaic performance by efficiently capturing specific parts of the solar spectrum, providing a low-cost and lightweight alternative for energy generation. Oxford PV aims to contribute significantly to the growth of renewable energy globally through its advanced solar cell solutions.

Convergent Energy and Power

Funding Round in 2016
Convergent Energy and Power is a technology-neutral energy storage asset developer that specializes in a diverse range of projects, spanning from commercial and industrial applications to large-scale grid-connected systems. The company oversees the entire energy storage asset development cycle, which includes identifying project-specific opportunities, conducting economic evaluations, and managing contract and financial structuring. Additionally, Convergent is responsible for engineering, procurement, construction, and ongoing operations and maintenance of its energy storage solutions. By offering various cost-effective energy storage models, the company helps utilities and end-users address infrastructure challenges, manage peak electricity loads, and reduce overall electricity costs.

The Carbon Trust

Venture Round in 2016
Carbon Trust, founded in 2001 and based in London, is dedicated to fostering a sustainable, low-carbon economy by assisting businesses, governments, and organizations worldwide in reducing carbon emissions and enhancing resource efficiency. With a team of over 200 experts in sustainability, including engineers and policy specialists, Carbon Trust leverages nearly two decades of experience in the climate change sector. The organization collaborates with various stakeholders to provide strategic direction, carbon reduction plans, and energy systems solutions. Its focus areas include corporate sustainability, green finance, and future energy systems, with particular emphasis on offshore wind and net-zero initiatives. Additionally, Carbon Trust supports cities, states, and regions in addressing the climate emergency, reinforcing its commitment to a sustainable future. Surpluses from its commercial activities are reinvested into these initiatives, ensuring a continuous drive towards its mission.

LUX Assure

Venture Round in 2016
LUX Assure Limited is a technology company based in Edinburgh, United Kingdom, specializing in the development of chemical monitoring solutions for the oil and gas industry. Founded in 2001, the company provides innovative technologies that enable the detection, measurement, and monitoring of chemical concentrations both offshore and onshore. Its flagship product, CoMic, helps clients determine the optimal dosage of corrosion inhibitors, while a range of testing kits offers onsite or offshore colorimetric analysis for monitoring scale, corrosion, and hydrate inhibitors in both water and hydrocarbons. LUX Assure's robust and highly sensitive solutions have been recognized within the industry, earning awards for their innovation and effectiveness in addressing the challenges of chemical monitoring during extraction processes. The company serves a diverse clientele in the United Kingdom and internationally.

United Wind

Series B in 2016
United Wind is a renewable energy company based in Brooklyn, New York, specializing in small-scale wind turbine solutions. Founded in 2013 by Russell Tencer and Tal Mamo, the company offers distributed-scale wind energy through its WindLease program, which provides financing for wind turbines, handles installation, permitting, and maintenance, and guarantees service. This allows customers to avoid upfront purchase costs and save on electricity expenses. United Wind also provides WindSight, a tool for analyzing local wind potential and recommending suitable turbines. The company serves agricultural, residential, commercial, and educational sectors, offering an affordable turn-key wind energy solution that includes turbine repairs and other related services.

Corvus Energy

Corporate Round in 2015
Corvus Energy Ltd. is a Canadian company specializing in the research, development, manufacture, and supply of energy storage solutions for the marine, oil and gas, and port sectors. Established in 2009 and headquartered in Richmond, the company focuses on delivering advanced lithium-ion battery technologies that create modular energy storage systems. These systems are designed to offer consistent and economical power for hybrid and all-electric maritime applications, including cruise ships, ferries, offshore vessels, and heavy industrial machinery. In addition to its energy storage products, Corvus Energy provides a range of services such as technical support, spare parts, extended warranties, field service, and training. The company's innovative solutions are recognized for enhancing operational efficiency and promoting clean energy leadership in the industry.

Quantico Energy Solutions

Series A in 2015
Quantico Energy Solutions LLC is a Houston-based data analytics company that specializes in providing innovative solutions for the oil and gas industry, particularly in the development of shale resources. Established in 2012, the company develops proprietary software that predicts synthetic formation evaluation logs by leveraging data collected during the drilling process. Its key offerings include QLog, which generates a variety of synthetic logs such as shear, compressional, and density logs for both horizontal and vertical wells, and QFrac, which provides additional logs along with recommendations for engineered completion designs based on geomechanical interpretations. Quantico employs a skilled team with expertise in machine learning, petrophysics, and completion engineering, enabling it to enhance the quality and efficiency of data analytics for drilling operations. The company has also formed a strategic alliance with TARGET to further advance its capabilities in the industry.

LUX Assure

Funding Round in 2013
LUX Assure Limited is a technology company based in Edinburgh, United Kingdom, specializing in the development of chemical monitoring solutions for the oil and gas industry. Founded in 2001, the company provides innovative technologies that enable the detection, measurement, and monitoring of chemical concentrations both offshore and onshore. Its flagship product, CoMic, helps clients determine the optimal dosage of corrosion inhibitors, while a range of testing kits offers onsite or offshore colorimetric analysis for monitoring scale, corrosion, and hydrate inhibitors in both water and hydrocarbons. LUX Assure's robust and highly sensitive solutions have been recognized within the industry, earning awards for their innovation and effectiveness in addressing the challenges of chemical monitoring during extraction processes. The company serves a diverse clientele in the United Kingdom and internationally.

Verdande Technology

Venture Round in 2012
Verdande Technology, previously known as Volve AS, specializes in developing innovative products and services that facilitate the re-use of knowledge through advanced reasoning technology. Its core technology employs case-based reasoning, allowing users to address new challenges by leveraging solutions from similar past experiences. This approach is particularly beneficial for industries such as oil and gas, where the company provides tools that assist in interpreting drilling data. By identifying, capturing, and analyzing data patterns in real-time, Verdande Technology enables clients to predict future problems, diagnose issues, and uncover potentially impactful events. This capability empowers organizations to make informed decisions and enhance operational effectiveness.

Numascale

Series B in 2012
Numascale AS is a technology company based in Oslo, Norway, founded in 2008, that specializes in computer system interconnect technology for enterprise servers. The company develops solutions that facilitate scalable in-memory computing, enabling vendors to create big data analytics appliances tailored to specific performance requirements. Numascale's offerings include the NumaQ terascale in-memory analytics appliance, which efficiently handles data analytics workloads, and the NumaQ R Appliance, designed for statistical computing with R. Additionally, it provides MonetDB, a column-store database integrated with R, enhancing database-centric analytics capabilities. The company's innovative modular chip microarchitecture features on-chip memory transaction engines and a shared memory architecture, streamlining the design process for system vendors by eliminating the need for external interconnect fabric switches. Numascale operates as a subsidiary of Dolphin Group ASA.

Brigham Exploration

Acquisition in 2011
Brigham is an independent exploration and production company that applies 3-D seismic imaging and other advanced technologies to systematically explore and develop onshore domestic natural gas and oil provinces. With this focus, Brigham has achieved rapid growth in reserves, potential drilling locations and 3-D seismic data.

Danotek Motion Technologies

Series B in 2011
Danotek Motion Technologies Inc, founded in 2001, in Ann Arbor, Michigan is an ISO 9001:2000 certified technology innovator. Danotek develops clean, energy efficient, generators, electrical conversion systems, brushless motors and electronics controls for alternative energy and advanced transportation applications. Danotek has developed a number of patent-pending innovative products that include variable speed permanent magnet (PM) generators and brushless motors with integrated electronics for wind power, fuel cell, CHP, auxiliary power and electric and hybrid electric vehicles. Their designs represent industry leadership and are expected to replace inefficient and unreliable systems with added extensive control features.

Danotek Motion Technologies

Series A in 2008
Danotek Motion Technologies Inc, founded in 2001, in Ann Arbor, Michigan is an ISO 9001:2000 certified technology innovator. Danotek develops clean, energy efficient, generators, electrical conversion systems, brushless motors and electronics controls for alternative energy and advanced transportation applications. Danotek has developed a number of patent-pending innovative products that include variable speed permanent magnet (PM) generators and brushless motors with integrated electronics for wind power, fuel cell, CHP, auxiliary power and electric and hybrid electric vehicles. Their designs represent industry leadership and are expected to replace inefficient and unreliable systems with added extensive control features.

Pelamis Wave Power

Venture Round in 2008
Pelamis Wave Power is a pioneer in the renewable energy sector, specializing in the generation of electricity from ocean waves. The company has developed the Pelamis Wave Energy Converter, a semi-submerged and articulated structure made up of cylindrical sections connected by hinged joints. This innovative system is designed to assist project developers and electricity generators in the development, construction, and operation of wave power projects. Pelamis Wave Power was the first to introduce a commercial-scale machine capable of delivering electricity to the grid from offshore wave energy, marking a significant advancement in the utilization of marine resources for sustainable energy production.

BrightSource

Series C in 2008
BrightSource Energy, Inc. is a solar thermal technology company that specializes in designing, developing, and selling systems for utility-scale electric power plants both in the United States and internationally. The company utilizes fields of tracking mirrors, known as heliostats, which are controlled by proprietary software to concentrate sunlight onto a solar receiver/boiler unit, producing high-temperature steam. This steam can be harnessed for electricity generation via conventional steam turbines or for industrial applications, such as thermal enhanced oil recovery. In addition to its core technology, BrightSource provides comprehensive project development services that include site acquisition, permitting, and interconnection to the electrical grid. The company targets utility-scale solar thermal power project owners, contractors, and oil production companies, fostering strategic partnerships with notable firms in the industry. Founded in 2004 and headquartered in Oakland, California, BrightSource aims to offer low-cost, reliable clean energy solutions that help reduce dependency on fossil fuels.

Verdande Technology

Seed Round in 2007
Verdande Technology, previously known as Volve AS, specializes in developing innovative products and services that facilitate the re-use of knowledge through advanced reasoning technology. Its core technology employs case-based reasoning, allowing users to address new challenges by leveraging solutions from similar past experiences. This approach is particularly beneficial for industries such as oil and gas, where the company provides tools that assist in interpreting drilling data. By identifying, capturing, and analyzing data patterns in real-time, Verdande Technology enables clients to predict future problems, diagnose issues, and uncover potentially impactful events. This capability empowers organizations to make informed decisions and enhance operational effectiveness.

Tampnet

Acquisition in 2001
Tampnet operates the largest offshore high-capacity communication network globally, primarily serving the North Sea and the Gulf of Mexico. The company provides robust and reliable connectivity to over 350 oil and gas platforms, floating production storage and offloading units (FPSOs), and exploration rigs. Tampnet's infrastructure includes fiber optic cables, 4G base stations, and microwave links, facilitating high-speed and low-latency data transmission. By connecting offshore assets to a terrestrial network, Tampnet enhances the quality, health, safety, efficiency, and welfare of its customers' operations. The company's vision is to establish itself as a global leader in offshore connectivity, focusing on adding value through resilient communication solutions tailored for mobile rigs and vessels.
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