Spiritus is a climate tech company focused on direct-air-capture (DAC) technology, aiming to provide a scalable and modular solution for carbon removal. The company has developed a system that integrates the Spiritus Sorbent with the Spiritus Carbon Orchard, allowing for efficient sorption and desorption processes at significantly lower costs compared to existing state-of-the-art sorbents. Spiritus is dedicated to making carbon removal a viable and practical option in the global effort to combat climate change, thereby promoting sustainable environmental stewardship.
Infinium is an electrofuels provider that specializes in creating synthetic fuels from renewable energy and waste carbon dioxide. The company focuses on manufacturing ultra-low carbon electrofuels, which serve as drop-in replacements for traditional petroleum-derived products, allowing clients to significantly reduce harmful greenhouse gas emissions in the transportation sector. Infinium's solutions not only contribute to decarbonizing transportation but also provide lower carbon alternatives for various chemical processes, including plastics production. By utilizing existing transportation systems, Infinium enables immediate impacts on carbon reduction targets without the need for capital- and time-intensive upgrades.
HydrogenPro AS specializes in designing and supplying customized hydrogen plants for industrial clients, focusing primarily on alkaline high-pressure electrolysers. Founded in 2013 and based in Porsgrunn, Norway, the company offers a range of solutions, including containerized systems for small plants and indoor installations for medium-sized facilities. Its expertise in hydrogen technology positions HydrogenPro as a key player in the growing market for hydrogen production.
Koloma is a company specializing in geologic hydrogen production. It leverages proprietary technology, data, and expertise to identify and develop geologic hydrogen resources. The company's data-driven approach aims to reduce global carbon emissions, enabling businesses to lower their environmental impact.
e-Zinc develops innovative electrochemical technology for energy storage using zinc metal. This low-cost, flexible solution enables long-duration energy storage, facilitating a transition to renewable energy and a zero-carbon future.
Element Energy
Series B in 2023
Element Energy is a startup focused on enhancing the performance, longevity, reliability, and cost-effectiveness of large battery packs utilized across various applications, including stationary and renewable energy storage, as well as hybrid and electric vehicles. The company has developed a battery management system that improves the safety, energy throughput, and lifecycle of lithium-ion battery packs. This system enables the cost-effective repurposing of retired electric vehicle batteries into efficient grid-scale energy storage solutions. By facilitating this process, Element Energy supports the integration of renewable energy sources and maximizes the total energy capacity of battery packs, contributing to advancements in energy storage technology.
Syzygy Plasmonics
Corporate Round in 2023
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.
Electric Hydrogen
Series C in 2023
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.
Advanced Ionics
Series A in 2023
Advanced Ionics specializes in developing innovative electrolyzer technology for generating green hydrogen. The company's primary goal is to lower the costs associated with green hydrogen production by leveraging existing industrial infrastructure and minimizing electricity consumption. This approach supports global decarbonization efforts by offering tailored solutions for various industries.
Concentric
Acquisition in 2023
Concentric supplies D.C. Power Systems for electric forklifts, automated guided vehicles, and airline ground support equipment. They provide innovative critical power systems for data centers, telecommunications, utilities, and commercial facilities, as well as motive power solutions for electric forklifts, automated guided vehicles, and airline ground support equipment.
Amogy specializes in developing carbon-free energy solutions for hard-to-abate sectors such as maritime, power generation, and heavy industry. Its patented ammonia cracking technology converts liquid ammonia into electrical power using hydrogen fuel cells.
Starfire Energy
Series B in 2022
Starfire Energy is a company focused on developing and deploying sustainable energy technologies, specializing in the production of carbon-free ammonia. Founded in 2007 and headquartered in Aurora, Colorado, Starfire Energy has created modular systems that synthesize ammonia from renewable energy sources, specifically wind and solar power. These modular plants are built in shipping containers that are pre-wired and pre-plumbed, facilitating easy on-site installation. The ammonia produced is not only used as a fertilizer and refrigerant but also serves as an energy-dense liquid fuel. By utilizing renewable energy, air, and water as inputs, Starfire Energy aims to meet the growing demands for energy storage and transportation while contributing to carbon-free industrial processes.
Monolith
Private Equity Round in 2022
Monolith Materials, Inc. is a manufacturer based in Lincoln, Nebraska, with an additional office in San Carlos, California. Founded in 2012, the company specializes in sustainable manufacturing through the innovative process of methane pyrolysis, which allows for the production of low-emission carbon black and hydrogen. This method utilizes natural gas as a feedstock and incorporates renewable electricity, distinguishing Monolith’s approach from traditional combustion processes. In addition to carbon black, the company also produces hydrogen tail-gas, which serves as a co-product for power generation and industrial gas markets. Monolith Materials, formerly known as Boxer Industries, Inc., has positioned itself at the forefront of environmentally conscious manufacturing in the United States.
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.
C-Zero
Venture Round in 2022
C-Zero is a Santa Barbara-based hard-tech startup developing technology to decarbonize natural gas. It uses high temperatures to split methane into hydrogen and solid carbon, enabling emission reduction in industries like ammonia production, electric generation, and fuel cell vehicles.
Infinium
Venture Round in 2021
Infinium is an electrofuels provider that specializes in creating synthetic fuels from renewable energy and waste carbon dioxide. The company focuses on manufacturing ultra-low carbon electrofuels, which serve as drop-in replacements for traditional petroleum-derived products, allowing clients to significantly reduce harmful greenhouse gas emissions in the transportation sector. Infinium's solutions not only contribute to decarbonizing transportation but also provide lower carbon alternatives for various chemical processes, including plastics production. By utilizing existing transportation systems, Infinium enables immediate impacts on carbon reduction targets without the need for capital- and time-intensive upgrades.
Cemvita is a synthetic biology company focused on developing innovative solutions that promote sustainability and enhance the energy transition. Utilizing its CO2 Utilization platform, the company mimics natural processes such as photosynthesis to produce a range of products, including nutrients for space exploration and industrial chemicals for various applications. Cemvita aims to assist industries like oil and gas, chemicals, and mining in reducing their carbon emissions by providing environmentally friendly methods for resource extraction, including lithium mining. Through its nature-inspired approach, Cemvita seeks to advance sustainable practices in multiple sectors while addressing critical challenges related to energy and environmental impact.
Starfire Energy
Venture Round in 2021
Starfire Energy is a company focused on developing and deploying sustainable energy technologies, specializing in the production of carbon-free ammonia. Founded in 2007 and headquartered in Aurora, Colorado, Starfire Energy has created modular systems that synthesize ammonia from renewable energy sources, specifically wind and solar power. These modular plants are built in shipping containers that are pre-wired and pre-plumbed, facilitating easy on-site installation. The ammonia produced is not only used as a fertilizer and refrigerant but also serves as an energy-dense liquid fuel. By utilizing renewable energy, air, and water as inputs, Starfire Energy aims to meet the growing demands for energy storage and transportation while contributing to carbon-free industrial processes.
Infinium
Venture Round in 2021
Infinium is an electrofuels provider that specializes in creating synthetic fuels from renewable energy and waste carbon dioxide. The company focuses on manufacturing ultra-low carbon electrofuels, which serve as drop-in replacements for traditional petroleum-derived products, allowing clients to significantly reduce harmful greenhouse gas emissions in the transportation sector. Infinium's solutions not only contribute to decarbonizing transportation but also provide lower carbon alternatives for various chemical processes, including plastics production. By utilizing existing transportation systems, Infinium enables immediate impacts on carbon reduction targets without the need for capital- and time-intensive upgrades.
C-Zero
Venture Round in 2021
C-Zero is a Santa Barbara-based hard-tech startup developing technology to decarbonize natural gas. It uses high temperatures to split methane into hydrogen and solid carbon, enabling emission reduction in industries like ammonia production, electric generation, and fuel cell vehicles.
Monolith
Corporate Round in 2020
Monolith Materials, Inc. is a manufacturer based in Lincoln, Nebraska, with an additional office in San Carlos, California. Founded in 2012, the company specializes in sustainable manufacturing through the innovative process of methane pyrolysis, which allows for the production of low-emission carbon black and hydrogen. This method utilizes natural gas as a feedstock and incorporates renewable electricity, distinguishing Monolith’s approach from traditional combustion processes. In addition to carbon black, the company also produces hydrogen tail-gas, which serves as a co-product for power generation and industrial gas markets. Monolith Materials, formerly known as Boxer Industries, Inc., has positioned itself at the forefront of environmentally conscious manufacturing in the United States.
FLOSFIA
Venture Round in 2020
FLOSFIA INC. is a Tokyo-based company that focuses on the development of corundum structured Gallium Oxide semiconductor power devices. Founded on March 31, 2011, the company emerged as a spin-off from research conducted at Kyoto University. FLOSFIA specializes in film-formation using mist chemical vapor deposition (CVD) techniques, leveraging the unique physical properties of gallium oxide (Ga2O3) to create high breakdown voltage and high efficiency power devices. The firm is dedicated to advancing low-loss power device technology, contributing to the evolution of semiconductor applications.
Hyflux Ltd is a leading water solutions company that specializes in a comprehensive range of water treatment services. It operates through two main segments: Municipal and Industrial. The Municipal segment focuses on providing water and fluid treatment solutions to municipalities and government entities, encompassing the commissioning, operation, and maintenance of various water treatment and liquid separation plants. Meanwhile, the Industrial segment caters to the manufacturing sector with services related to seawater desalination, raw water purification, wastewater treatment, water recycling, and ultra-pure water production. Hyflux's expertise extends to home consumer filtration and purification products, positioning it among the top global providers of desalination plants.
FLOSFIA
Corporate Round in 2019
FLOSFIA INC. is a Tokyo-based company that focuses on the development of corundum structured Gallium Oxide semiconductor power devices. Founded on March 31, 2011, the company emerged as a spin-off from research conducted at Kyoto University. FLOSFIA specializes in film-formation using mist chemical vapor deposition (CVD) techniques, leveraging the unique physical properties of gallium oxide (Ga2O3) to create high breakdown voltage and high efficiency power devices. The firm is dedicated to advancing low-loss power device technology, contributing to the evolution of semiconductor applications.
Orano is a France-based energy company focused on nuclear power, offering end-to-end capabilities across the nuclear fuel cycle, reactor design and construction, and operating services. It handles transportation, storage, and management of nuclear materials, packaging and transport services, dismantling of nuclear installations, specialized maintenance, and both nuclear and non-nuclear engineering. The company also pursues renewable energy initiatives through partnerships to develop high-technology solutions for low-carbon power generation, combining nuclear and renewable strengths to support safer, lower-emission energy.
FLOSFIA
Venture Round in 2018
FLOSFIA INC. is a Tokyo-based company that focuses on the development of corundum structured Gallium Oxide semiconductor power devices. Founded on March 31, 2011, the company emerged as a spin-off from research conducted at Kyoto University. FLOSFIA specializes in film-formation using mist chemical vapor deposition (CVD) techniques, leveraging the unique physical properties of gallium oxide (Ga2O3) to create high breakdown voltage and high efficiency power devices. The firm is dedicated to advancing low-loss power device technology, contributing to the evolution of semiconductor applications.
FLOSFIA
Venture Round in 2017
FLOSFIA INC. is a Tokyo-based company that focuses on the development of corundum structured Gallium Oxide semiconductor power devices. Founded on March 31, 2011, the company emerged as a spin-off from research conducted at Kyoto University. FLOSFIA specializes in film-formation using mist chemical vapor deposition (CVD) techniques, leveraging the unique physical properties of gallium oxide (Ga2O3) to create high breakdown voltage and high efficiency power devices. The firm is dedicated to advancing low-loss power device technology, contributing to the evolution of semiconductor applications.
Altaeros Energies
Venture Round in 2017
Altaeros Energies, Inc. is a company specializing in the development and supply of airborne wind turbines designed to generate renewable energy. Founded in 2010 and headquartered in Somerville, Massachusetts, Altaeros combines advanced aerospace and wind turbine technologies to harness high-altitude winds, which are a largely untapped source of renewable energy. Its buoyant airborne turbines serve a variety of sectors, including rural and island communities, agriculture, mining, oil and gas, and emergency response, among others. The company focuses on providing low-cost and abundant renewable energy solutions to meet diverse energy needs across challenging environments. Altaeros Energies has garnered support for its technology development from multiple funding sources, including government agencies and energy organizations.
ElectroRoute
Acquisition in 2016
ElectroRoute is an energy optimization and market services company that operates primarily in the Irish and UK markets. It specializes in energy trading, providing services such as spot trading, futures trading, cross-border trading, and trading in green certificates. By leveraging its agility as a smaller entity, ElectroRoute identifies and capitalizes on market opportunities that larger utility companies may overlook. The company combines rigorous mathematical analysis with deep industry expertise to enhance decision-making in the energy sector. Additionally, ElectroRoute offers managed trading services to energy assets, enabling clients to access pan-European markets effectively. Through its adaptable platform, the company aims to navigate the evolving energy landscape and improve the performance of its clients' physical generation assets and retail positions.
UniCarriers Corp
Acquisition in 2015
UniCarriers Corporation, together with its subsidiaries, develops, manufactures, and sells transportation machineries that include forklifts, container carriers, transfer cranes, and other material handling products. The company offers port cargo handling machinery, reach stackers, container management systems, and AGVs; and industrial vehicles, such as shovel loaders, skid steer loaders, and wheel loaders. It offers products through distributors worldwide.
Pratt & Whitney Power Systems
Acquisition in 2013
PW Power Systems, Inc. (PWPS), formerly Pratt & Whitney® Power Systems and now a subsidiary of Mitsubishi Heavy Industries, Ltd., has leveraged the advanced technology of Pratt & Whitney® proven aircraft engines and uniquely applied it to complex power system solutions to become a leader in power generation. PW Power Systems has a vast array of product lines and services, including industrial gas turbine engines, aftermarket services and repairs.
PW Power Systems is a world leader in developing and manufacturing energy solutions for power generation, transportation, and mechanical-drive applications. We are committed to providing high-quality solutions for the distributed energy market that increase energy productivity, energy reliability, and operational savings for our customers.
Daily Equipment
Acquisition in 2013
Daily Equipment Company, Inc. operates from Jackson, Mississippi, specializing in the sale, rental, and servicing of new and used forklifts and lift trucks across the United States. The company offers a diverse range of products, including manual pallet jacks, material lifts, order pickers, personnel and burden carriers, reach trucks, scissor and boom lifts, side loaders, tow tractors, turret trucks, and various types of forklifts such as cushion and pneumatic models. Additionally, Daily Equipment provides mobile railcar movers, construction equipment, and other industrial vehicles, positioning itself as a comprehensive supplier in the material handling and industrial equipment sectors.
Artemis Intelligent Power
Acquisition in 2010
Artemis Intelligent Power Ltd. is a technology company based in Loanhead, United Kingdom, specializing in the research, development, and licensing of Digital Displacement hydraulic power technology. Founded in 1994, the company has developed a system that replaces traditional hydraulic components, such as port and swash plates, with computer-controlled solenoid valves, enhancing efficiency and control in various applications. Artemis's technology is applicable in hydraulic hybrid transmissions, synchronized lifting systems, renewable energy solutions like wind-turbine transmissions, and mobile hydraulics across sectors including construction, agriculture, and forestry. The company employs advanced analysis techniques, including structural and fluid dynamics simulations, to optimize its technology and support the design of innovative fluid power systems. As of November 2010, Artemis operates as a subsidiary of Mitsubishi Power Systems Europe, Ltd.
ATLA S.r.l.
Funding Round in 2010
ATLA S.r.l. is a leading provider of OEM replacement components for gas turbines, recognized for its expertise in manufacturing and restoring parts for major global energy producers. With over 35 years of experience, the company has supplied more than 400,000 repaired or coated components across Europe, CIS, Asia, Africa, and the Middle East. ATLA specializes in the repair of rotor and stator blades, as well as other critical hot parts of turbines, offering various coatings to enhance the longevity of these components. The firm's commitment to product optimization and engineering solutions encompasses the entire process from installation to maintenance, ensuring impeccable service and timely delivery for its clients.
Maintenance Partners
Acquisition in 2009
Maintenance Partners specializes in providing comprehensive maintenance and repair services for rotating equipment across various industries. The company focuses on field service, overhauling, and maintenance of industrial compressors, blowers, and steam turbines, catering primarily to the Industrial, Thermal Renewables, and Petrochemical sectors. With dedicated business units for Rotating Equipment, Turbomachinery, Wind, and Business Development, Maintenance Partners is equipped to address the specific needs and challenges of its clients, ensuring optimal solutions at competitive costs.
Finland-based international materials handling company Rocla Oy has grown considerably in its more than 70 years of operation and has become a major developer and manufacturer of electric warehouse trucks, forklifts and automated guided vehicles (AGV). Analyzing and understanding customer processes and developing them further is what continues to set Rocla apart from the competition.
With strong warehouse and automated guided vehicles expertise as a foundation Rocla improves its customer’s logistics operations with comprehensive fleet and service offering. Continuous innovation, awarded user-friendly design, and customer-driven service form the basis for its operations and products. Mitsubishi and Cat® branded warehouse and forklift trucks, designed and manufactured by Rocla, are being sold through extensive dealer network globally.
Rocla is the only Finnish lift truck manufacturer. Rocla's research and development as well as production are located in Finland. Rocla is a part of Mitsubishi Nichiyu Forklift group, who has appointed Rocla as a global design center. Rocla is responsible for R&D of electric warehouse and counterbalance trucks for the European market as well as automated guided vehicles. Best user experience in the market is the main design driver for product development.
Rocla began offering automation solutions to clients back in 1983. So far Rocla has delivered over 7 000 AGVs worldwide with an emphasis on warehouse and logistic, production, paper industry and food & beverage. Rocla offers full line of modular automation solutions that are serially manufactured and tailored to the needs of customer applications. To customers this means exceptionally short delivery time, easy implementation and lower total cost of ownership.
SRP Tools
Acquisition in 2005
SRP Tools, Ltd. manufactures gear-cutting tools in India. It offers a range of cutting tools, including gear hobs, gear shapers, gear shavers, broaches, master gears, and straight bevel gear generating tools. The company was founded.