Altira Group

Altira Group, founded in 1996 and headquartered in Denver, Colorado, is a private equity and venture capital firm that focuses on early-stage investments in the oil and gas sector, particularly in technology and service companies. The firm partners with a select group of U.S. super-independent oil and gas companies, which not only contribute resources for investment decisions but also facilitate the growth of Altira's portfolio companies by acting as significant customers. Altira Group has managed several funds targeting investments in oil and gas technology, as well as broader industrial and information technology sectors, leveraging its expertise to drive innovation and development in these areas.

John P. Bauman

Principal

Sean Ebert

Senior Partner

Dirk McDermott

Founder & Managing Partner

Abby (Sharp) Mercado

Venture Associate

Abigail Mercado Sharp

Associate

34 past transactions

FlexGen

Venture Round in 2021
FlexGen Power Systems, Inc. develops and manufactures energy storage and hybrid power products, including solid state generators, power converters, and software control units. The company focuses on enhancing energy storage solutions to reduce electricity costs and improve performance and reliability for consumers globally. In addition to its product offerings, FlexGen provides advisory services, operational maintenance, frequency regulation, grid support, and ancillary services. The company serves a diverse clientele that includes industrial sectors, utilities, and power companies. Founded in 2014 and headquartered in Houston, Texas, FlexGen collaborates with innovative battery and capacitor companies to integrate advanced technologies into power systems.

Seeq

Series C in 2021
Seeq is founded on the premise that companies need better solutions for quickly and easily deriving business insight from their industrial process data. It aims to provide software and services that convert industrial process data into information, enable discovery, increase collaboration, and ultimately drive better business decisions that lead to seamless execution, increased earnings, and continuous improvement. Seeq is an official partner of OSIsoft and recently sponsored its European and US user conferences, as well as US regional seminars. Seeq is also a sponsor of recent Emerson Exchange user conferences. Founded in 2013, the company is headquartered in Seattle, Washington, United States.

Seeq

Series B in 2020
Seeq is founded on the premise that companies need better solutions for quickly and easily deriving business insight from their industrial process data. It aims to provide software and services that convert industrial process data into information, enable discovery, increase collaboration, and ultimately drive better business decisions that lead to seamless execution, increased earnings, and continuous improvement. Seeq is an official partner of OSIsoft and recently sponsored its European and US user conferences, as well as US regional seminars. Seeq is also a sponsor of recent Emerson Exchange user conferences. Founded in 2013, the company is headquartered in Seattle, Washington, United States.

ThoughtTrace

Venture Round in 2020
ThoughtTrace™ exists to empower people and companies to greater insight and creativity through better access to their most challenging information. We help enterprises review and validate critical information in existing contracts and legal documents. Using artificial intelligence (AI), natural language processing, and machine learning, our SaaS platform, ALI™ reads words, sentences, and paragraphs just like a human does, driving better strategy, decisions, and execution. With results in minutes or hours, not weeks or months, advanced analysis and understanding is your edge.

Seeq

Series B in 2018
Seeq is founded on the premise that companies need better solutions for quickly and easily deriving business insight from their industrial process data. It aims to provide software and services that convert industrial process data into information, enable discovery, increase collaboration, and ultimately drive better business decisions that lead to seamless execution, increased earnings, and continuous improvement. Seeq is an official partner of OSIsoft and recently sponsored its European and US user conferences, as well as US regional seminars. Seeq is also a sponsor of recent Emerson Exchange user conferences. Founded in 2013, the company is headquartered in Seattle, Washington, United States.

FlexGen

Series A in 2015
FlexGen Power Systems, Inc. develops and manufactures energy storage and hybrid power products, including solid state generators, power converters, and software control units. The company focuses on enhancing energy storage solutions to reduce electricity costs and improve performance and reliability for consumers globally. In addition to its product offerings, FlexGen provides advisory services, operational maintenance, frequency regulation, grid support, and ancillary services. The company serves a diverse clientele that includes industrial sectors, utilities, and power companies. Founded in 2014 and headquartered in Houston, Texas, FlexGen collaborates with innovative battery and capacitor companies to integrate advanced technologies into power systems.

Lilliputian Systems

Venture Round in 2012
Lilliputian Systems provides mobile power solutions for consumer electronics devices. The company aims to revolutionize mobile fuel, ushering in new applications and devices made possible by their technology.

Novinda

Series C in 2012
Novinda Corp., a Denver, CO-based developer of non-Carbon reagent for mercury emission control. Formed in 2009 as a spin out of CH2M HILL to commercialize environmental technologies for the power utility industry, and led by CEO Ed Williams, Novinda pioneered the concept of a reagent for removing mercury with chemical reactions, rather than through absorption technologies. Its Amended Silicates® is a non-carbon mercury control product 100% compatible with fly ash use in concrete products. It meets the mercury removal rates required by the EPA’s proposed Maximum Achievable Control Technology (MACT) standards.

OPX Biotechnologies

Series C in 2011
OPX Biotechnologies, Inc. is a Colorado-based bioproducts company using proprietary bioengineering technology to convert renewable feedstocks into biofuels and green chemistry products. The OPX EDGE - Efficiency Directed Genome Engineering - technology platform rapid, rational, and robust optimization of microbes and bioprocesses to achieve equivalent product performance with improved sustainability at lower cost versus petroleum based alternatives.

Gen4 Energy

Venture Round in 2011
Founded in 2007, as Hyperion Power Generation Inc., Gen4 Energy is a private company formed to commercialize the Gen4 Module, an advanced technology mini reactor. Based on intellectual property developed by scientists at Los Alamos National Laboratory and leveraging forty years of technological advancement, the Gen4 Module was designed to fill a previously unmet need for a physically small and transportable power source that is safe, clean, sustainable, and cost-efficient.

Energy and Power Solutions

Venture Round in 2009
EPS was founded in 2003 by a group of engineers and cientists, with experience in the implementation of power rural systems and telecommunications worldwide, in the design and implementation of critical projects with high level of contingency, and in the planning and management of complex projects.

OPX Biotechnologies

Series B in 2009
OPX Biotechnologies, Inc. is a Colorado-based bioproducts company using proprietary bioengineering technology to convert renewable feedstocks into biofuels and green chemistry products. The OPX EDGE - Efficiency Directed Genome Engineering - technology platform rapid, rational, and robust optimization of microbes and bioprocesses to achieve equivalent product performance with improved sustainability at lower cost versus petroleum based alternatives.

Southwest Windpower

Series C in 2009
Southwest Windpower has been designing and distributing small wind turbines since 1987 and is the recognized global leader in the design, manufacturing and distribution of small wind systems. A pioneer in wind technology development, Southwest Windpower has built and shipped more than 180,000 wind turbines to over 120 countries worldwide. Headquartered in Broomfield, Colo., the company manufactures in Flagstaff, Ariz. and has operations in Cologne, Germany. The mission of Southwest Windpower is to be a global leader as a responsible designer, producer and provider of wind turbines up to 40kW, offering wind products chosen by customers for their quality, focused technology, performance, reliability, aesthetics, quietness, simplicity and lowest cost of energy.

Lilliputian Systems

Series D in 2009
Lilliputian Systems provides mobile power solutions for consumer electronics devices. The company aims to revolutionize mobile fuel, ushering in new applications and devices made possible by their technology.

Eco Power Solutions

Series A in 2008
Eco Power Solutions provides an advanced suite of emissions control solutions that include a multi–pollutant Air Quality Control System (MP-AQCS Reactor Module™) and a CO2 capture and conversion system. EPS' all–in–one Multi–Pollutant Air Quality Control System (MP-AQCS Reactor Module™) captures both regulated and unregulated air pollutants including CO2 from emission sources such as fossil fuel fired power plants and industrial facilities that contribute to acid rain, respiratory diseases and climate change. •IMMEDIATELY exceed stringent EPA regulations for NOx, SOx, Hg, and particulate matter and provide a solution for controlling GHG (CO2). •Lowest Levelized Cost solution on the market today for widest spectrum of pollutants removed •Smaller footprint, shop-assembled modules, and shortest cycle time from engineering to operation •Applicable to all fossil fuels and Energy from Waste fuel stock •Ideal for retrofit and new build applications •Potential expansion of primary fuel options for owner •Downstream byproduct revenue stream

Gen4 Energy

Series A in 2008
Founded in 2007, as Hyperion Power Generation Inc., Gen4 Energy is a private company formed to commercialize the Gen4 Module, an advanced technology mini reactor. Based on intellectual property developed by scientists at Los Alamos National Laboratory and leveraging forty years of technological advancement, the Gen4 Module was designed to fill a previously unmet need for a physically small and transportable power source that is safe, clean, sustainable, and cost-efficient.
Evolutionary Genomics, Inc. engages in the research and identification of positively selected genes in humans, animals, and commercial crops. The company develops Adapted Traits Platform, a technology platform to identify genes for enhancing crop plant traits, such as yield, sugar content, biomass, drought tolerance, and pest/disease resistance. It serves governmental organizations, non-profit foundations, and commercial entities. The company was incorporated in 1990 and is based in Castle Rock, Colorado.

Beyond Compliance

Venture Round in 2007
Beyond Compliance was established to help energy companies manage regulatory and corporate compliance by improving the workflow between field operations and corporate office. The company’s Integrated Compliance Management System® (ICMS) provides field workers with appropriate tools to improve inefficient paper-based data gathering methods including; production data collection, field inspections, worker competency and safety management, incident tracking, and vendor management. Once collected, data is interpreted and can me made available in real time to help office personnel report deficiencies and manage corrective action.

GridPoint

Series D in 2007
GridPoint is an innovator in comprehensive, data-driven energy management solutions (EMS) that leverage the power of real-time data collection, big data analytics and cloud computing to maximize energy savings, operational efficiency, capital utilization and sustainability benefits. GridPoint’s integrated energy management portfolio of asset-level submetering and monitoring, intelligent control, energy management software and professional services can generate 10-30% energy savings and an 18-36 month payback. GridPoint solutions are deployed at over 12,000 sites with over 64 billion customer data points collected to date, and 100 million added daily. Customers include: 7 of the top 20 quick serve restaurants, 4 of the top 10 casual dining restaurants, 3 of 20 convenience growth chains, 7 of 10 top 10 retailers by total sales, leading commercial and industrial enterprises and major government and educational institutions.

Enerpulse

Series B in 2007
Enerpulse is headquartered in Albuquerque, New Mexico. They develop environmentally friendly ignition products through the application of Pulsed Power Technology (PPT). With the assistance of Sandia National Laboratories in Albuquerque, Pulstarâ„¢ was designed to increase the peak power of the spark plug so it could ignite gasoline in the engine's cylinder more completely, with less cycle-to-cycle variation. Pulstar's extra power ignites fuel more completely, transforming your car into a more fuel-efficient vehicle that is a lot more fun to drive.

GridPoint

Series B in 2006
GridPoint is an innovator in comprehensive, data-driven energy management solutions (EMS) that leverage the power of real-time data collection, big data analytics and cloud computing to maximize energy savings, operational efficiency, capital utilization and sustainability benefits. GridPoint’s integrated energy management portfolio of asset-level submetering and monitoring, intelligent control, energy management software and professional services can generate 10-30% energy savings and an 18-36 month payback. GridPoint solutions are deployed at over 12,000 sites with over 64 billion customer data points collected to date, and 100 million added daily. Customers include: 7 of the top 20 quick serve restaurants, 4 of the top 10 casual dining restaurants, 3 of 20 convenience growth chains, 7 of 10 top 10 retailers by total sales, leading commercial and industrial enterprises and major government and educational institutions.

Tantalus Systems

Venture Round in 2005
Tantalus provides Smart Grid communications solutions for Advanced Metering, Demand Response & Distribution Automation. TUNet® – the Tantalus Utility Network – is a rapid & reliable two-way network that enables electric, water & gas distributors to automate processes, improve business operations and deliver top-tier customer service. TUNet is deployed at utilities determined to manage resources intelligently and meet ambitious conservation goals.

RigNet

Series C in 2005
RigNet, Inc. provides remote communications services for the oil and gas industry in North America and internationally. It offers remote communications services through a controlled and managed Internet protocol/multiprotocol label switching (IP/MPLS) global network, enabling drilling contractors, oil companies, and oilfield service companies to communicate. The company offers a communications package of voice, video, networking, and real-time data management to offshore and land-based remote locations. It primarily provides voice-over-Internet-protocol, data, and high-speed Internet access and other value-added services, such as real-time data management solutions, WiFi hotspots and Internet kiosks, video conferencing solutions, wireless intercoms, handheld radios, and telemedicine. The company also offers Secure Oil Information Link, a managed members-only communications network hub that enables collaborative partners, suppliers, and customers to transfer and share data. It serves the owners and operators of offshore drilling rigs and production facilities, land rigs, remote offices, and supply bases in approximately 30 countries, including the United States, Mexico, Qatar, Saudi Arabia, Singapore, and Australia. The company was founded in 2000 and is headquartered in Houston, Texas.

Desert Power

Series A in 2005
Desert Power Inc are commtted to providing quality service and components to the natural gas compression industry.

RigNet

Series B in 2004
RigNet, Inc. provides remote communications services for the oil and gas industry in North America and internationally. It offers remote communications services through a controlled and managed Internet protocol/multiprotocol label switching (IP/MPLS) global network, enabling drilling contractors, oil companies, and oilfield service companies to communicate. The company offers a communications package of voice, video, networking, and real-time data management to offshore and land-based remote locations. It primarily provides voice-over-Internet-protocol, data, and high-speed Internet access and other value-added services, such as real-time data management solutions, WiFi hotspots and Internet kiosks, video conferencing solutions, wireless intercoms, handheld radios, and telemedicine. The company also offers Secure Oil Information Link, a managed members-only communications network hub that enables collaborative partners, suppliers, and customers to transfer and share data. It serves the owners and operators of offshore drilling rigs and production facilities, land rigs, remote offices, and supply bases in approximately 30 countries, including the United States, Mexico, Qatar, Saudi Arabia, Singapore, and Australia. The company was founded in 2000 and is headquartered in Houston, Texas.

Southwest Windpower

Series A in 2004
Southwest Windpower has been designing and distributing small wind turbines since 1987 and is the recognized global leader in the design, manufacturing and distribution of small wind systems. A pioneer in wind technology development, Southwest Windpower has built and shipped more than 180,000 wind turbines to over 120 countries worldwide. Headquartered in Broomfield, Colo., the company manufactures in Flagstaff, Ariz. and has operations in Cologne, Germany. The mission of Southwest Windpower is to be a global leader as a responsible designer, producer and provider of wind turbines up to 40kW, offering wind products chosen by customers for their quality, focused technology, performance, reliability, aesthetics, quietness, simplicity and lowest cost of energy.

WindLogics

Series B in 2004
WindLogics (formerly SSESCO) provides advanced wind analysis and forecasting services for wind energy developers, investors, bankers, operators and utilities by scientifically evaluating potential wind energy sites and forecasting and optimizing ongoing operations in real time. WindLogics is able to calculate 3D wind fields based on exclusive historic weather data archives and proven meteorological models adapted to wind power applications.

Enerpulse

Series A in 2004
Enerpulse is headquartered in Albuquerque, New Mexico. They develop environmentally friendly ignition products through the application of Pulsed Power Technology (PPT). With the assistance of Sandia National Laboratories in Albuquerque, Pulstarâ„¢ was designed to increase the peak power of the spark plug so it could ignite gasoline in the engine's cylinder more completely, with less cycle-to-cycle variation. Pulstar's extra power ignites fuel more completely, transforming your car into a more fuel-efficient vehicle that is a lot more fun to drive.

Tubel Technologies

Series A in 2003
A developing new intelligent well technologies to help optimize oil and gas exploration and production.

MicroSeismic

Series A in 2003
MicroSeismic, Inc. is an oilfield services company providing completions evaluation services and real-time monitoring and mapping of hydraulic fracture operations in unconventional oil and gas plays. Founded in 2003, MicroSeismic invented the use of surface microseismic monitoring to listen to the naturally occurring, low-energy seismic noise emitted from a reservoir during hydraulic fracturing stimulation. Utilizing surface, near-surface, and downhole arrays, MicroSeismic helps oil and gas companies understand how the reservoir responds to stimulation and its impact on customer economics. MicroSeismic’s services include Productive-SRV, FracRx TM, Hydraulic Fracture Monitoring, Reservoir Monitoring, Seismicity Monitoring and more.

EnergyWindow

Series A in 2003
EnergyWindow provides solutions for energy supply management. These include technology-based tools and information that help large energy users mitigate the cost of the natural gas and electricity required to power their business facilities and manufacturing plants. They have been providing business energy buyers with unbiased, industry-leading energy procurement and strategic supply management solutions since 1999.

RigNet

Series A in 2001
RigNet, Inc. provides remote communications services for the oil and gas industry in North America and internationally. It offers remote communications services through a controlled and managed Internet protocol/multiprotocol label switching (IP/MPLS) global network, enabling drilling contractors, oil companies, and oilfield service companies to communicate. The company offers a communications package of voice, video, networking, and real-time data management to offshore and land-based remote locations. It primarily provides voice-over-Internet-protocol, data, and high-speed Internet access and other value-added services, such as real-time data management solutions, WiFi hotspots and Internet kiosks, video conferencing solutions, wireless intercoms, handheld radios, and telemedicine. The company also offers Secure Oil Information Link, a managed members-only communications network hub that enables collaborative partners, suppliers, and customers to transfer and share data. It serves the owners and operators of offshore drilling rigs and production facilities, land rigs, remote offices, and supply bases in approximately 30 countries, including the United States, Mexico, Qatar, Saudi Arabia, Singapore, and Australia. The company was founded in 2000 and is headquartered in Houston, Texas.

NUTECH - Visionary Reservoir Intelligence

Private Equity Round in 1998
NUTECH - Visionary Reservoir Intelligence is an oil & energy company specializing in exploration & production services.