Conduit Ventures

Blue World Technologies is a developer and manufacturer of methanol fuel cell components and systems aimed at the automotive, heavy-duty transportation, and stationary application sectors globally. Founded on January 1, 2018, in Aalborg, Nordjylland, by Mads Friis Jensen, Mads Bang, and Anders Korsgaard, the company offers a green alternative to traditional combustion engines and diesel generators. Its innovative approach focuses on high-temperature PEM technology combined with methanol-reforming, providing energy-efficient and sustainable solutions. Blue World Technologies enables clients to establish development and manufacturing operations in strategic markets, optimizing the supply chain and enhancing customer proximity.

SFC Energy AG specializes in developing, producing, and distributing power generation systems and components that utilize fuel cell technology for both off-grid and on-grid applications. The company operates in various sectors, including Oil & Gas, Defense & Security, Industry, and Clean Energy & Mobility. Its product offerings include SCADA systems for facility monitoring, energy automation solutions, and hybrid fuel cell systems like EFOY Pro, designed for off-grid power needs. Additionally, SFC Energy provides a range of portable power supplies, such as the JENNY fuel cell for mobile applications and the EFOY JUPITER hydrogen fuel cell for versatile energy solutions. The company, founded in 2000 and headquartered in Brunnthal, Germany, emphasizes innovation in mobile energy solutions and power management across its target markets, with a significant portion of its revenue derived from North America. SFC Energy was previously known as SFC Smart Fuel Cell AG until its name change in 2010.

TouGas Oilfield Solutions GmbH is a technology company that specializes in developing and commercializing chemistry-based solutions for the global oil and gas industry. Founded in 2013 and headquartered in Frankfurt am Main, Germany, the company has established sales offices in Houston, Texas, and Tokyo, Japan, to cater to its North American and Asian markets. TouGas offers a range of engineered products and customized services aimed at enhancing operational efficiency and reducing costs for its customers. Its solutions encompass various applications, including acid fracturing, acidizing with specialty corrosion inhibitors, well stimulation in high-temperature and high-pressure reservoirs, polymer flooding for enhanced oil recovery, and hydraulic fracturing that minimizes fresh water usage. The company prides itself on its manufacturing excellence and holds an extensive portfolio of patents related to its innovative products and their applications.

Hydrexia is an Australian company that has successfully designed, built, and tested systems that stores hydrogen in solid form, based on a proprietary magnesium alloy.

Qingdao Centec Energy Management Company Ltd is a company based in Qingdao, China, specializing in the development of heat management systems for residential and commercial buildings. Its key offerings include a proprietary heat allocation meter and a national data processing center, which facilitate accurate data recording and efficient management of heat consumption for both utilities and customers. Centec plays a significant role in advancing energy efficiency in buildings, aligning with China's broader initiatives for urban development and sustainable energy practices. The company's solutions are designed to enhance energy metering and management, enabling users to optimize their energy consumption effectively.

SFC Energy AG specializes in developing, producing, and distributing power generation systems and components that utilize fuel cell technology for both off-grid and on-grid applications. The company operates in various sectors, including Oil & Gas, Defense & Security, Industry, and Clean Energy & Mobility. Its product offerings include SCADA systems for facility monitoring, energy automation solutions, and hybrid fuel cell systems like EFOY Pro, designed for off-grid power needs. Additionally, SFC Energy provides a range of portable power supplies, such as the JENNY fuel cell for mobile applications and the EFOY JUPITER hydrogen fuel cell for versatile energy solutions. The company, founded in 2000 and headquartered in Brunnthal, Germany, emphasizes innovation in mobile energy solutions and power management across its target markets, with a significant portion of its revenue derived from North America. SFC Energy was previously known as SFC Smart Fuel Cell AG until its name change in 2010.

P21, headquartered near Munich, specializes in the development, production, and marketing of energy-management solutions tailored for the telecommunications industry. Established in 2001, the company has gained recognition for its patented hydrogen-powered PEM fuel cell systems, which ensure a reliable electrical supply and have been validated through various field tests with international mobile-telephony providers since 2004. P21 expanded its offerings in 2009 to include diverse products aimed at enhancing energy efficiency, reducing costs, and minimizing CO2 emissions. The company is dedicated to replacing traditional diesel generators with zero-emission alternatives, focusing on off-grid applications such as telecommunications facilities and monitoring stations. With a workforce of 55 employees, P21 collaborates globally with reputable partners in the telecommunications and energy sectors, as well as with qualified sub-deliverers who support the onsite marketing, installation, and servicing of its energy management solutions.

Heliocentris Academia International specializes in energy management systems and hybrid power solutions tailored for distributed stationary industrial applications. The company develops advanced fuel cell systems specifically designed for telecommunication applications, as well as comprehensive renewable energy storage and management products. These offerings facilitate education, training, and applied research in clean energy technologies, including fuel cells, solar, wind, and hydrogen energy. Heliocentris' solutions significantly reduce CO2 emissions and operating costs, providing efficient and reliable energy alternatives for critical infrastructure such as telecommunications base stations and server stations. By creating intelligent, remote-controlled energy systems that integrate various components, Heliocentris contributes to a sustainable energy future while supporting the professional development of clean energy solutions.

VAIREX International Limited is a privately held company that specializes in the design, manufacture, and supply of air management systems tailored for hydrogen fuel cell and diesel emissions control markets. The company's products include advanced air systems featuring restrained vane compressors and regenerative blowers, which integrate motors and controllers to ensure efficient delivery of clean air for various applications. VAIREX serves a diverse clientele, including prominent original equipment manufacturers and Tier One suppliers in the fuel cell and diesel sectors across Europe, Asia, and North America. Established in 2007, VAIREX is headquartered in Cambridge, United Kingdom, with additional offices in Boulder, Colorado, and Tokyo, Japan.

Wal Fuel Systems has develops and commercializes pre-engine treatment systems including advanced filtration technologies (fuel, oil, air), water separators for diesel engines meeting domestic Euro III emission standards. Wal is scaled up mass production and supplying customers locally and aboard. At the same time, Wal works with Chinese engine OEMs to develop and design the latest diesel engine models to comply with existing Euro III standards and prepare for future emissions limits.

Controlled Power Technologies specializes in driveline electrification technologies that enhance fuel efficiency and reduce harmful emissions from internal combustion engines. The company develops a range of CO2 reduction products based on switched reluctance motor technology, which allows powertrain manufacturers to improve fuel economy, drivability, and overall performance. Their offerings include SpeedStart®, an electric motor/generator that optimizes engine performance during various driving conditions; TIGERS®, an electric generator designed to capture waste energy from exhaust systems; and COBRA, which enhances the efficiency of non-passenger-car engines. Additionally, their VTES product improves passenger-car engine efficiency through better air delivery. By providing these innovative solutions, Controlled Power Technologies enables automotive manufacturers to comply with stringent emissions regulations and meet consumer demands for fuel economy without extensive redesigns of existing vehicles or engines.

Amminex is a Clean Tech company founded by five Danish scientists from the Technical University of Denmark. The company specializes in developing Ammonia Storage and Delivery Systems (ASDS) for large-scale production, with a focus on maturing these systems for series production. Additionally, Amminex is dedicated to advancing processes necessary for the large-scale production of AdAmmine.

Nano Fusion Technologies Inc. is a Tokyo-based company specializing in the development and commercialization of microfluidics products. Founded in 2004, the company focuses on its proprietary electro-osmotic micropump technology, which enables precise control of micro-sized liquid delivery. These innovations find applications in various fields, including micro fuel cell systems, precision medical devices, and research in biotechnology, pharmaceuticals, and environmental analysis. By providing advanced solutions for small-volume fluid management, Nano Fusion Technologies caters to a diverse range of industries, enhancing both the efficiency and effectiveness of numerous electronic and medical systems.

Protonex Technology is a developer and manufacturer of intelligent power management and portable fuel cell products tailored for military and commercial markets. The company focuses on revolutionizing portable power solutions, offering advantages over traditional batteries and generators. By providing mission-critical equipment, Protonex enhances energy efficiency and operational flexibility for military applications, addressing the evolving power needs of its users.

Protonex Technology is a developer and manufacturer of intelligent power management and portable fuel cell products tailored for military and commercial markets. The company focuses on revolutionizing portable power solutions, offering advantages over traditional batteries and generators. By providing mission-critical equipment, Protonex enhances energy efficiency and operational flexibility for military applications, addressing the evolving power needs of its users.

PolyFuel, Inc. is a company that specializes in the design, development, engineering, and manufacturing of portable fuel cells aimed at powering electronic devices. Founded in 1999 and based in Mountain View, California, PolyFuel focuses on creating advanced membranes and systems to address the power limitations faced by portable electronics. Through its innovative approach, the company seeks to enhance the performance and efficiency of fuel cell technology, contributing to the advancement of energy solutions for various electronic applications.

Protonex Technology is a developer and manufacturer of intelligent power management and portable fuel cell products tailored for military and commercial markets. The company focuses on revolutionizing portable power solutions, offering advantages over traditional batteries and generators. By providing mission-critical equipment, Protonex enhances energy efficiency and operational flexibility for military applications, addressing the evolving power needs of its users.

PEMEAS GmbH is a supplier of fuel cell components. PEMEAS was founded in 2004 as a spin-off of the former Hoechst Group’s fuel cell activities. The company has approximately 50 employees and operates manufacturing and R&D facilities in Germany and the United States. PEMEAS is currently working with clients on projects to use fuel cells, for example, in portable electronics, residential applications or backup power systems.

CMR Fuel Cells focuses on the development of micro power sources utilizing a unique and cost effective fuel cells for use in portable devices.

Cellex Power is a company specializing in the development of hybridized power systems that integrate battery and fuel cell technologies. These systems are designed specifically for powered industrial vehicles, such as forklift trucks. By replacing traditional lead-acid battery systems with their advanced fuel cell solutions, Cellex Power enables manufacturers of materials handling vehicles to enhance productivity while simultaneously reducing capital and operational expenditures. The company's innovative approach allows for significant improvements in efficiency and cost savings in industrial applications.