Rice Investment Group is a $200mm multi-strategy fund investing in all verticals of the oil and gas sector with a focus on partnering where our operational, technical, and strategic experience add value. Led by the former Rice Energy management team, the RIG team has a highly complementary and diverse skill-set. RIG seeks to invest between $1mm - $40mm across the capital stack in the upstream, midstream, oilfield services, and energy technology sectors. RIG can invest passively alongside an existing sponsor-management team or actively as lead financial sponsor.
X2 Resources is a oil and gas company that targets multibillion-dollar opportunities across premier basins.
Infinitum
Series E in 2024
Infinitum focuses on developing advanced electric motors that prioritize sustainability and efficiency. The company utilizes patented printed circuit board stator technology to create lightweight motors that replace traditional iron and copper components, significantly enhancing motor efficiency while reducing costs. Infinitum's designs aim to provide end users with a smaller, lighter, and quieter alternative to conventional motors, ultimately contributing to a reduced carbon footprint throughout the motor's lifecycle. By offering innovative solutions, Infinitum is committed to making a meaningful impact on both the environment and the performance needs of its clients.
Talus Renewables
Series A in 2023
Talus Renewables offers new pathways to chemicals, fertilizers, and fuels with its green ammonia production technology.
Persefoni
Series C in 2023
Persefoni is a Climate Management and Accounting Platform that offers Software-as-a-Service solutions for enterprises and financial institutions to effectively meet climate disclosure requirements. The platform serves as a comprehensive tool for carbon footprint management, allowing organizations to measure, analyze, plan, forecast, and report their carbon emissions. By utilizing artificial intelligence, Persefoni provides real-time insights into carbon footprints and automates compliance and sustainability reporting. It connects companies, shareholders, and institutional investors within a unified environment, enabling businesses to manage their carbon transactions and inventory with the same rigor as their financial operations. This centralized approach ensures transparency and confidence in carbon management, helping organizations navigate their emissions profiles in accordance with established guidelines.
Cold Bore
Venture Round in 2021
Cold Bore Technology Inc. specializes in developing down-hole sonic communication tools for the directional drilling industry within the oil and gas sector. The company offers a range of products under the SmartPAD brand, which utilizes proprietary acoustic technology to provide real-time, sensor-driven data and analytics. This technology enables clients to monitor completion operations and access vital data through a digital twin visible on handheld devices, facilitating a comprehensive overview of workflows and frac data. Founded in 2012 and headquartered in Calgary, Canada, Cold Bore Technology aims to enhance operational efficiency in drilling by delivering real-time insights from the down-hole environment to the surface.
Persefoni
Series A in 2021
Persefoni is a Climate Management and Accounting Platform that offers Software-as-a-Service solutions for enterprises and financial institutions to effectively meet climate disclosure requirements. The platform serves as a comprehensive tool for carbon footprint management, allowing organizations to measure, analyze, plan, forecast, and report their carbon emissions. By utilizing artificial intelligence, Persefoni provides real-time insights into carbon footprints and automates compliance and sustainability reporting. It connects companies, shareholders, and institutional investors within a unified environment, enabling businesses to manage their carbon transactions and inventory with the same rigor as their financial operations. This centralized approach ensures transparency and confidence in carbon management, helping organizations navigate their emissions profiles in accordance with established guidelines.
Umbrage
Seed Round in 2021
Umbrage is a digital craft studio that specializes in designing, developing, and delivering customized software solutions. The company partners with clients, particularly in blue-collar industries such as oil and gas, healthcare, and supply chain, to address complex business challenges through tailored technology. By collaborating closely with clients' internal technology teams, Umbrage focuses on creating scalable products that facilitate digital transformation and drive business success. Its deep technical expertise allows the company to effectively integrate with clients, ensuring that the solutions provided meet specific operational needs.
Persefoni
Seed Round in 2020
Persefoni is a Climate Management and Accounting Platform that offers Software-as-a-Service solutions for enterprises and financial institutions to effectively meet climate disclosure requirements. The platform serves as a comprehensive tool for carbon footprint management, allowing organizations to measure, analyze, plan, forecast, and report their carbon emissions. By utilizing artificial intelligence, Persefoni provides real-time insights into carbon footprints and automates compliance and sustainability reporting. It connects companies, shareholders, and institutional investors within a unified environment, enabling businesses to manage their carbon transactions and inventory with the same rigor as their financial operations. This centralized approach ensures transparency and confidence in carbon management, helping organizations navigate their emissions profiles in accordance with established guidelines.
Cold Bore
Series B in 2019
Cold Bore Technology Inc. specializes in developing down-hole sonic communication tools for the directional drilling industry within the oil and gas sector. The company offers a range of products under the SmartPAD brand, which utilizes proprietary acoustic technology to provide real-time, sensor-driven data and analytics. This technology enables clients to monitor completion operations and access vital data through a digital twin visible on handheld devices, facilitating a comprehensive overview of workflows and frac data. Founded in 2012 and headquartered in Calgary, Canada, Cold Bore Technology aims to enhance operational efficiency in drilling by delivering real-time insights from the down-hole environment to the surface.
OAG Analytics
Corporate Round in 2019
OAG Analytics, Inc. is a Houston-based company that specializes in predictive analytical software for the oil and gas sector. Established in 2013, the company focuses on providing advanced analytics tools to upstream energy operators, allowing them to enhance their workflows with artificial intelligence. OAG Analytics' platform helps subsurface engineers and scientists optimize well designs, predict production outcomes, and assess the potential return on investment from various strategies. Additionally, it supports executives and investors by generating data-driven forecasts, evaluating asset values for transactions, and refining development strategies. By automating time-consuming tasks and uncovering complex correlations, the software enables users to focus more on analysis and decision-making, ultimately leading to improved operational efficiency and cost savings.
Cold Bore
Series A in 2018
Cold Bore Technology Inc. specializes in developing down-hole sonic communication tools for the directional drilling industry within the oil and gas sector. The company offers a range of products under the SmartPAD brand, which utilizes proprietary acoustic technology to provide real-time, sensor-driven data and analytics. This technology enables clients to monitor completion operations and access vital data through a digital twin visible on handheld devices, facilitating a comprehensive overview of workflows and frac data. Founded in 2012 and headquartered in Calgary, Canada, Cold Bore Technology aims to enhance operational efficiency in drilling by delivering real-time insights from the down-hole environment to the surface.
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