Ascent Energy Ventures

Galatea Technologies specializes in developing a platform that enhances logistics and decision-making processes within the oilfield waste sector. Its primary product, Waste Coordinator, is a software-as-a-service (SaaS) solution that automates and optimizes transportation workflows. This platform facilitates the effective management of waste, water, and emulsion loads by digitizing operations and providing intelligent scheduling and logistics optimization. By automating foundational workflows, Galatea Technologies enables users to maximize operational efficiency, financial performance, and environmental sustainability. Furthermore, it allows users to utilize and market excess capacity at disposal facilities while ensuring compliance with regulatory requirements through digital waste manifesting.

Splight is an artificial intelligence company focused on creating Artificial Energy, a revolutionary form of green energy generated by leveraging the unused capacity of existing power infrastructure. By employing a powerful digital platform, Splight combines big data analysis with advanced technologies such as machine learning, blockchain, and cloud computing to optimize energy production. The company's innovative solutions aim to enhance resource efficiency for stakeholders in the energy sector, resulting in increased revenues, reduced operating costs, and minimized environmental impact. Splight's commitment to sustainability contributes to the broader goal of decarbonizing the energy industry, providing clients with a pathway to optimize their energy operations while promoting a cleaner energy landscape.

BidOut is a procurement platform focused on the energy sector that simplifies the bidding process by connecting service providers directly with buyers. The platform leverages artificial intelligence to facilitate the procurement process, allowing users to find new service providers and automate various tasks such as sending out requests for proposals. By standardizing bid formats and providing comparison tools, BidOut enhances the efficiency of procurement in engineering and supply chain management. This approach enables energy companies to reach new operators, reduces reliance on spreadsheets, and ultimately saves time and money in the procurement process.

Iron-IQ is a developer of a cloud-based monitoring and control platform designed specifically for industrial applications. This platform enables users to remotely supervise and manage devices across various sectors, including oil and gas, water, and other industrial services. By facilitating real-time monitoring and control, Iron-IQ helps businesses enhance production efficiency while minimizing engineering time and the need for field service trips.

Teren, established in 2021, specializes in geospatial intelligence to assist businesses and communities in managing environmental threats. The company offers a cloud-based software platform called Terevue, which integrates earth science, data science, and advanced computing to provide real-time, actionable insights on infrastructure risk and resilience. Teren serves over 100 clients across various sectors, including energy, oil and gas, renewables, utilities, forestry, land management, and transportation in the United States and Europe. By processing climate resilience data and utilizing remotely sensed information, Teren delivers hyper-localized insights that enable organizations to identify, prioritize, and monitor environmental risks such as landslides, floods, and wildfires. The team at Teren is composed of experts in data, computer, and earth sciences, dedicated to innovating solutions that promote sustainability and safety in the face of climate challenges.