Ascent Energy Ventures

Galatea Technologies operates a SaaS platform designed to optimize logistics processes in industries with complex, dynamic decision-making needs. Its initial application, Waste Coordinator, focuses on the oilfield waste sector. This platform automates transportation workflows, enabling users to enhance operational efficiency, financial performance, and environmental sustainability by optimizing disposal decisions and digitizing waste management processes.

Splight harnesses AI and digital solutions to generate 'Artificial Energy', maximizing grid capacity for increased revenues and reduced costs. Its platform combines big data, machine learning, blockchain, and cloud computing to optimize energy infrastructure, contributing to the decarbonization of the industry.

BidOut is an AI-powered procurement platform tailored for the energy industry, designed to simplify and accelerate the bidding process. By connecting service providers directly to buyers, BidOut enhances the procurement experience through features such as automated proposal requests and standardized bid formats. The platform facilitates easier comparisons of bids, granting suppliers greater control and streamlining various processes across engineering, supply chain, and procurement. By reducing reliance on traditional methods like spreadsheets, BidOut helps energy sector stakeholders save time and resources while expanding access to new operators.

Iron-IQ is a cloud-based industrial IoT monitoring and control platform offering supervisory control and data acquisition capabilities. The platform enables remote monitoring and control of devices across industries such as oil and gas, water, and other industrial services, providing real-time insights from anywhere. It helps operators increase production efficiency and reduce engineering time and field service trips by consolidating monitoring and control in a single, scalable solution.

Teren is a geospatial analytics company founded in 2021 that provides real-time geospatial intelligence to help infrastructure owners manage environmental threats. Its cloud-based platform, including the Terevue solution, blends AI-driven analysis of remotely sensed data with climate-resilience information to deliver hyper-localized, actionable insights on infrastructure risk and resilience. With over 100 customers across energy, oil and gas, renewables, utilities, forestry and land management, and transportation in the US and Europe, Teren enables clients to identify, prioritize, and monitor landslides, floods, wildfires, and other threats, supporting safer, more sustainable operations. The company comprises data, computer, and earth scientists who translate complex data into practical solutions that advance safety and sustainability.