Ucaneo is an environmental services company focused on developing innovative carbon removal technology aimed at capturing carbon dioxide from the atmosphere. The company's approach utilizes a water-based bioreactor equipped with an enzymatically enhanced biomembrane. This technology enables clients to effectively reduce their carbon footprint and contribute to climate change mitigation efforts. Ucaneo's solutions are designed to address the urgent need for sustainable methods to combat rising carbon levels and promote environmental health.
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.
Hyde Hydrogen Energy
Venture Round in 2024
Hyde Hydrogen Energy is a green hydrogen industry company, focusing on carbon neutrality, providing advanced products and digital platform services for global new energy applications.
IOTA Software
Series A in 2024
IOTA Software is a company that specializes in data visualization solutions designed to connect people, assets, and manufacturing processes. With a team possessing extensive experience in the industrial process manufacturing sector, IOTA Software develops process visualization software and extended reality (XR) applications. These products help bridge the gap between the physical and digital realms, addressing the demands of the rapidly evolving manufacturing industry. Through its innovative offerings, the company aims to enhance operational efficiency and facilitate better decision-making within industrial environments.
Andium Inc. is a developer and manufacturer of cloud-based computing devices focused on real-time data management within the Industrial Internet of Things (IIoT) sector. Headquartered in New York, the company offers a range of products, including the Andium Industrial Edge v2.0 for data monitoring in oil and gas applications, Andium Flow Computer v1.2 for gas volumetric flow computation, and Andium Truck Wi-Fi for in-vehicle digital communications. Founded in 2014 and formerly known as Mobile Iris, Inc., Andium aims to empower organizations by providing sophisticated, cost-effective, and power-efficient hardware that enables modern remote monitoring capabilities. By leveraging its technology, the company delivers an ecosystem of automated products and services designed to streamline operations, reduce onsite labor, and minimize human error, making it easier for businesses to implement intelligent solutions without significant infrastructure investments.
HYDROGEN Mem-Tech
Venture Round in 2024
HYDROGEN Mem-Tech is focused on advancing the transition to sustainable energy through its innovative hydrogen separation technology, which incorporates carbon capture capabilities. The company specializes in the development of palladium membranes designed specifically for efficient hydrogen separation and carbon dioxide capture. Its technology is capable of producing clean hydrogen while minimizing maintenance costs and ensuring a low environmental impact. This makes it particularly beneficial for a range of industries, including refineries, bio-refineries, chemical manufacturing, steel production, power generation, gas networks, and agriculture. By providing clients with sustainable energy options that have zero emissions, HYDROGEN Mem-Tech enables them to gain a significant competitive advantage in their respective sectors.
Utility Global
Series C in 2024
Utility Global, Inc. is a technology company based in Provo, Utah, founded in 2018. It specializes in the design and development of innovative solutions for manufacturing, sensing, control, and nanotechnology, with a focus on its proprietary gas production technology known as eXERO™. This technology features a unique reactor that converts variable industrial process gases into high-purity hydrogen and a concentrated CO2 stream, facilitating on-site carbon capture without requiring electricity. The hydrogen produced can be utilized as a replacement for coke in steelmaking, while the high purity of the CO2 stream simplifies and reduces the costs associated with carbon capture. Through its advancements, Utility Global aims to contribute to a low-carbon future and support the decarbonization of the steel industry.
Promethean Particles
Series A in 2024
Promethean Particles Ltd. is a company based in Nottingham, United Kingdom, specializing in the design, development, and manufacture of inorganic nanoparticle dispersions. Incorporated in 2007, it utilizes continuous hydrothermal synthesis to produce bespoke products tailored to specific customer applications across various industries, including electronics, healthcare, green energy, and nanocomposites. The company operates a state-of-the-art multi-ton scale manufacturing facility capable of producing over 1,000 tons per year, which supports its ability to deliver customized solutions. Promethean Particles also offers feasibility studies and reactor designs, showcasing its significant expertise and patented technology in nanoparticle production. This unique combination of capabilities allows the company to meet diverse industrial needs, enhancing flexibility and innovation in the development of nanotechnology solutions.
Seeq Corporation is a software company that specializes in analytics solutions for industrial process data. Founded in 2012 and headquartered in Seattle, Washington, Seeq provides an application that enables users to process data analytics, cleanse data, model information, and monitor assets in real time. The platform integrates data from various sources, including historians like OSIsoft PI and relational databases such as SQL Server and Oracle. By focusing on industries such as food and beverage, oil and gas, pharmaceuticals, and utilities, Seeq aims to help organizations derive valuable insights from their industrial data. The company fosters collaboration among employees, facilitating better business decisions and operational execution.
GraphEnergyTech
Pre Seed Round in 2024
GraphEnergyTech is a company dedicated to advancing solar energy technology through the innovative use of graphene. It has developed and patented a unique approach to integrate graphene electrodes into solar cells, which allows for the replacement of silver and other precious metals. This technology not only reduces production costs but also enhances the efficiency and reliability of solar photovoltaic systems. By focusing on high-conductivity graphene, GraphEnergyTech aims to lower the environmental impact associated with solar cell manufacturing, particularly for perovskite and silicon solar cells. The company's innovations position it as a key player in the renewable energy sector, enabling industrial manufacturers to adopt more cost-effective and efficient solar solutions.
Corrosion RADAR
Series B in 2024
CorrosionRADAR Ltd is a company specializing in corrosion monitoring systems through innovative sensor technology aimed at detecting and predicting hidden corrosion. Founded in 2017 and headquartered in Cambridge, United Kingdom, with a research facility in Bedfordshire, the company serves a diverse range of industries, including oil and gas, power and utilities, industrial manufacturing, and civil infrastructure. Its advanced technologies utilize distributed sensing and analytics to offer predictive corrosion management, enabling clients to effectively monitor corrosion and moisture levels, particularly in challenging environments. By providing insights into corrosion severity and location, CorrosionRADAR supports safe, reliable, and cost-effective maintenance and inspection practices across various sectors, including offshore and onshore energy operations, chemical plants, and infrastructure projects.
Dendra Systems
Series B in 2024
Dendra Systems is an environmental technology company focused on restoring natural ecosystems worldwide. The company aims to empower humanity to achieve a balance in the natural world by providing innovative tools for scalable ecosystem restoration. Its technology addresses the challenges posed by degraded land, which has resulted from years of ecological imbalance. By offering an integrated approach that combines data analytics and automation services, Dendra Systems enables enterprises to effectively meet their ecosystem restoration and reporting needs.
CarbonCapture
Series A in 2024
CarbonCapture is a climate technology company focused on developing direct air capture (DAC) machines designed to extract carbon dioxide from the atmosphere. The company aims to combat climate change by utilizing innovative molecular sieves and harnessing low-cost renewable energy sources, such as solar power. Its systems are equipped with advanced AI controllers to optimize performance and efficiency, allowing for large-scale and cost-effective CO2 removal. By providing these solutions, CarbonCapture enables clients to significantly reduce their carbon emissions and contribute to a more sustainable future.
Parallel Carbon
Seed Round in 2024
Parallel Carbon is focused on developing innovative hardware solutions for a post-fossil-fuel society by advancing direct air carbon capture (DAC) and clean hydrogen production technologies. The company aims to address climate change by creating systems that effectively remove carbon dioxide from the atmosphere while generating hydrogen. Their approach provides an affordable pathway for carbon dioxide removal and the production of carbon-negative hydrogen, significantly lowering the costs associated with achieving global emissions reduction targets. By integrating water electrolysis with DAC processes, Parallel Carbon enhances operational efficiency, allowing for effective use of intermittent electricity and maximizing the benefits of low-cost renewable energy sources. This comprehensive strategy positions the company as a key player in the transition to a sustainable future.
Redex is a blockchain-enabled platform focused on the management of Renewable Energy Certificates (RECs). The company offers a comprehensive suite of services that facilitates the monitoring, transfer, and retirement of RECs. By employing a proof of stake concept, Redex ensures the integrity of ownership records and prevents double-counting, thus enhancing the transparency of the trading process. Clients can browse a selection of available RECs, make purchase offers, and validate their commitments on a public ledger. This innovative approach aims to accelerate the adoption of renewable energy by simplifying the trading and certification processes associated with RECs.
Esmax is a seasoned player in the fuel and lubricants market, boasting over 100 years of industry experience. The company is dedicated to quality and safety, which are integral to its operations across the entire production chain. Esmax provides natural gas and crude petroleum distribution services and operates 279 service stations and eight distribution terminals at eleven airports. Additionally, it is involved in two logistics companies and manages a lubricant plant, all while focusing on sustainable energy distribution and high operational efficiency. This extensive infrastructure allows Esmax to offer ongoing support and develop customized solutions for its industrial and aviation clients.
Pulsora is an enterprise software company based in San Francisco, California. It specializes in Environmental, Social, and Governance (ESG) management solutions delivered via Software as a Service (SaaS). Pulsora's platform, pulsESG, enables businesses to track and improve their ESG footprint by providing deep analytics and customizable frameworks derived from existing standards. This helps enterprises ensure compliance with evolving stakeholder requirements.
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.
Boston Metal
Series C in 2023
Boston Metal, founded in 2012 as a spinout from MIT, is a metallurgy company headquartered in Woburn, MA. It specializes in developing technology to reduce the carbon footprint of steel production through its Molten Oxide Electrolysis (MOE) process. This industrial-scale solution enables efficient, lower-cost, and greener production of various metals and alloys from diverse feedstocks. Boston Metal has significantly scaled its technology and produced substantial quantities of metal since its inception.
Redex is a blockchain-enabled platform focused on the management of Renewable Energy Certificates (RECs). The company offers a comprehensive suite of services that facilitates the monitoring, transfer, and retirement of RECs. By employing a proof of stake concept, Redex ensures the integrity of ownership records and prevents double-counting, thus enhancing the transparency of the trading process. Clients can browse a selection of available RECs, make purchase offers, and validate their commitments on a public ledger. This innovative approach aims to accelerate the adoption of renewable energy by simplifying the trading and certification processes associated with RECs.
Rondo Energy
Series B in 2023
Rondo Energy is a company focused on providing zero-carbon industrial heat solutions. Its innovative Rondo Heat Battery captures low-cost renewable electricity and converts it into continuous high-temperature heat, allowing industrial processes to operate with reduced energy costs and eliminated emissions. By enabling clients to transition to renewable energy sources, Rondo Energy supports the decarbonization of industrial operations, contributing to a more sustainable future.
Nile is disrupting the enterprise network market by modernizing IT operations with a new AI networking architecture, delivering enterprise networks entirely as a service. For the first time in the industry, its Nile Access Service integrates zero trust security and offers performance guarantees. With Nile, IT organizations close the gap between their digital aspirations and legacy realities, reduce their total cost of ownership by more than 60%, and recover critical IT resources while their users gain superior connectivity. For more information, visit nilesecure.com/journey.
OxCCU is a technology developer focused on facilitating a circular economy for fuels, chemicals, and plastics. It achieves this by innovating renewable energy solutions that convert atmospheric carbon dioxide into valuable products such as fuels, chemicals, and biodegradable plastics using hydrogen derived from water and renewable electricity.
NexWafe
Venture Round in 2023
NexWafe GmbH, established in 2015 and headquartered in Freiburg im Breisgau, Germany, specializes in the manufacturing and supply of monocrystalline silicon wafers for solar cell producers. The company employs an innovative continuous gas-to-wafer manufacturing process that minimizes waste, enabling the production of high-quality wafers at a significantly lower cost compared to conventional options. These wafers are designed to be fully compatible with existing cell and module fabrication processes, making them an attractive choice for manufacturers in the solar energy sector. By providing efficient and cost-effective solutions, NexWafe aims to play a pivotal role in the transition towards sustainable energy.
ANYbotics
Series B in 2023
ANYbotics AG, founded in 2016 and based in Zurich, Switzerland, specializes in developing autonomous, legged robots designed for industrial applications. The company focuses on creating innovative robotic solutions that enhance worker safety and productivity while promoting sustainable industrial practices. ANYbotics' robots are equipped with advanced features such as docking stations, sensing capabilities, and waterproof designs, enabling them to perform various tasks, including routine inspections, asset monitoring, gas detection, and the creation of 3D models. Their technology is particularly beneficial for industries like oil and gas, power, energy, mining, processing, chemicals, transportation, and construction, where complex and hazardous environments require reliable inspection solutions. With a team of over 100 employees, ANYbotics collaborates with global technology leaders to deliver integrated robotic systems that support the operational needs of large asset operators.
Inductosense
Venture Round in 2023
Inductosense Ltd is a manufacturer based in Bristol, United Kingdom, specializing in wireless and battery-free sensors designed for the detection of cracks, corrosion, and defects in various structures and products. Founded in 2015, the company offers innovative solutions such as the WAND Evaluation System, which includes a set of sensors, a handheld measurement probe, and a sensor fixing kit for measuring structural thickness. Additionally, Inductosense develops TRND systems for monitoring internal corrosion and erosion in pipework and vessels. The sensors can be permanently affixed to surfaces and are capable of operating beneath coatings, insulation, or repairs. They utilize a passive technology that relies on non-contact inductive coupling to receive power and transmit signals, allowing for fast and repeatable inspections. Inductosense's products are applicable in the inspection of large structures, composite repairs, and remote monitoring, providing clients with reliable data for maintenance and safety assessments.
Amogy is a pioneering company focused on developing carbon-free energy solutions for hard-to-abate sectors such as maritime transport, power generation, and heavy industries. The company's core technology involves patented ammonia cracking, which efficiently splits liquid ammonia to produce electrical power in conjunction with hydrogen fuel cells, enabling zero-emission operations at competitive costs.
HT Materials Science
Series A in 2023
HT Materials Science Ltd. is a Dublin-based company founded in 2018 that specializes in the development and commercialization of advanced heat transfer fluid technology, specifically its product Maxwell 2020. This innovative fluid operates as a drop-in additive for both new and existing cooling systems, enhancing heat transfer efficiency while significantly reducing energy consumption. The company targets both commercial and industrial markets, providing solutions for a wide range of applications, including HVAC systems, power generation, and processing in sectors such as chemical, food, and pharmaceuticals. By enabling lower energy costs and improving equipment performance, HT Materials Science contributes to substantial reductions in carbon emissions, presenting a compelling option for businesses seeking energy-efficient solutions.
Captura is a company focused on developing advanced carbon capture technology that extracts carbon dioxide from ocean water. By leveraging the natural carbon removal capabilities of the ocean, Captura aims to provide a scalable and cost-effective solution for carbon capture and sequestration. Its innovative system enables businesses to capture carbon dioxide using renewable electricity and ocean water, producing no harmful by-products. This approach positions Captura to meet the increasing demand in the carbon credit market while contributing significantly to efforts against climate change.
Noon Energy
Venture Round in 2022
Noon Energy is a Palo Alto, California-based company founded in 2018 that focuses on developing innovative flow battery technology for economical long-duration energy storage. This technology is designed to convert intermittent renewable electricity, such as solar and wind energy, into on-demand power, allowing for a more reliable energy supply. Noon Energy's rechargeable batteries utilize low-cost storage media that decouples energy and power capacity, providing long-duration storage while eliminating the need for mining precious metals. By enabling customers to scale up the use of renewable electricity, Noon Energy aims to reduce reliance on fossil fuels, as well as decrease pollution and emissions associated with energy production.
Syzygy Plasmonics
Series C in 2022
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.
Grand perspective
Series A in 2022
Grandperspective GmbH, founded in 2018 and based in Berlin, Germany, specializes in manufacturing gas detection systems tailored for the petrochemical sector, gas loading stations, chemical parks, and pipeline monitoring. The company develops an advanced early warning system capable of covering extensive industrial areas, effectively visualizing and locating hazardous gas clouds. Utilizing optical sensor technology, Grandperspective's systems detect a broad spectrum of chemicals from a distance and provide real-time alerts for gas leaks and fugitive emissions. By combining innovative sensors with sophisticated software, the company enables clients to monitor production sites, storage facilities, and transportation areas, ensuring the protection of infrastructure and facilitating cost-effective emission monitoring.
Zid is a cloud-based multi-channel commerce platform tailored for small and medium-sized businesses in Saudi Arabia. Founded in 2017 and headquartered in Riyadh, Zid enables merchants to create their own branded eStores while integrating with various supply chain players. The platform offers a comprehensive suite of tools that allow users to manage products and inventory, process orders and payments, ship products, and build customer relationships. It also provides analytics and reporting features, facilitating data-driven decision-making, and offers access to financing options. Zid's mission is to simplify the entry of retailers into electronic commerce, making it accessible and professional for businesses in the region.
Data Gumbo
Series C in 2022
Data Gumbo Corporation is a Houston-based company, founded in 2016, that specializes in blockchain-based smart contract services. The company offers a unique Blockchain-as-a-Service platform that automates the execution of smart contracts by utilizing standardized data collected from real-time sensors and operational systems. This platform enhances operational efficiency by enabling enterprises to validate and automate transactions, thus eliminating payment delays and disputes. Data Gumbo serves clients primarily in the oil and gas industry, but its solutions are applicable across various sectors, promoting transparency and accountability in business transactions. The company's technology integrates distributed ledger capabilities with IoT data, allowing organizations to manage contracts with greater certainty while simplifying compliance with environmental, social, and governance standards. With additional offices in Stavanger, Norway, Data Gumbo aims to transform the way companies transact by increasing operational visibility and reducing the need for audits.
Clarke Valve
Series D in 2022
Clarke Valve is a developer of advanced energy-saving shutter valves tailored for industrial and aerospace applications. Established in 2011 and headquartered in North Kingstown, Rhode Island, the company specializes in valves that provide features such as zero pressure drop, zero flow restriction, and precise flow control. These innovations result in negligible turbulence, low cavitation, and reduced noise levels, making them suitable for demanding environments like oil and gas, chemical plants, power generation, and water management. Clarke Valve's products are designed for easy scalability and customization, ensuring they meet a wide range of operational requirements while promoting efficient energy use and long-term reliability.
Jaka Robot
Series D in 2022
Jaka Robot is a Shanghai-based company that specializes in the development, engineering, manufacturing, and marketing of industrial robots. Founded in 2014, it offers a range of products including the JAKA ZuTM robot, which features a wireless control system compatible with mobile applications, and the JAKA MES system, designed for information integration across various factory departments. Additionally, the company provides conveyor systems, palletizing robot systems, and liner molding machines. Jaka Robot serves multiple industries, including food and beverage, chemical, packaging, electronics, and mechanical processing, positioning itself as a key player in the industrial automation sector.
PIXO
Venture Round in 2022
PIXO Group is a company based in Southfield, Michigan, founded in 2009, that specializes in developing mobile applications, games, and analytics solutions aimed at enhancing brand engagement for clients. The company offers a scalable, platform-agnostic application platform that facilitates the delivery of end-to-end solutions, ensuring reduced costs and quicker time to market. Utilizing a robust 3D engine, PIXO creates unique and interactive client experiences that incorporate multimedia elements, hotlinks, and third-party integrations, including popular social media platforms. Through its innovative offerings, PIXO enables clients to effectively interact and communicate with users on their devices.
Xage Security
Series B in 2022
Xage Security, Inc. is a cybersecurity company specializing in blockchain-protected security solutions for industrial Internet of Things (IoT) applications. Founded in 2016 and headquartered in Palo Alto, California, Xage develops a comprehensive security platform that includes products such as the Xage Gateway, which connects to various IIoT edge devices to provide authentication and enforcement; the Xage Broker, which synchronizes credentials and policies; and the Xage Security Cloud for configuration and monitoring. The company's offerings also encompass features like tamper-proofing, edge authentication, role-based access control, and device lifecycle management. Xage serves a diverse range of industries, including energy, transportation, manufacturing, and healthcare, with a focus on delivering zero trust access and protection to safeguard against advanced threats.
Amogy
Corporate Round in 2022
Amogy is a pioneering company focused on developing carbon-free energy solutions for hard-to-abate sectors such as maritime transport, power generation, and heavy industries. The company's core technology involves patented ammonia cracking, which efficiently splits liquid ammonia to produce electrical power in conjunction with hydrogen fuel cells, enabling zero-emission operations at competitive costs.
Carbon Clean
Series C in 2022
Carbon Clean Solutions is an innovation company focused on carbon dioxide recovery technology for industrial applications. The company has developed a patented carbon capture technology that enables the removal of up to 90% of carbon dioxide from flue gases, utilizing a proprietary regenerable advanced solvent and an energy-efficient capture process. This technology is designed to be both cost-effective and environmentally friendly, significantly reducing operating costs and impacts for power plants and industrial utilities. Carbon Clean Solutions' technology can be integrated into new power plants or retrofitted to existing facilities, offering clients a scalable solution for decarbonization. With multiple research teams and facilities worldwide, the company is committed to commercializing its energy-efficient carbon capture solutions for a diverse range of global customers.
HYDROGEN Mem-Tech
Venture Round in 2022
HYDROGEN Mem-Tech is focused on advancing the transition to sustainable energy through its innovative hydrogen separation technology, which incorporates carbon capture capabilities. The company specializes in the development of palladium membranes designed specifically for efficient hydrogen separation and carbon dioxide capture. Its technology is capable of producing clean hydrogen while minimizing maintenance costs and ensuring a low environmental impact. This makes it particularly beneficial for a range of industries, including refineries, bio-refineries, chemical manufacturing, steel production, power generation, gas networks, and agriculture. By providing clients with sustainable energy options that have zero emissions, HYDROGEN Mem-Tech enables them to gain a significant competitive advantage in their respective sectors.
Daphne Technology
Series B in 2021
Daphne Technology SA is a climate technology company based in Ecublens, Switzerland, founded in 2017. The company specializes in catalyst-free, nano-technology solutions designed to help the petrochemical, power, and transportation industries significantly reduce air emissions in accordance with international and national regulations. Its patented technology effectively breaks down toxic pollutants, converting them into non-hazardous elements or valuable by-products. This miniaturized solution is particularly well-suited for marine vessels and offers a cost-effective alternative to existing technologies by lowering both capital and operational costs without necessitating a switch in fuel sources. As a result, Daphne Technology addresses environmental challenges by enabling a cleaner and more sustainable approach to emissions management across various sectors.
NexWafe GmbH, established in 2015 and headquartered in Freiburg im Breisgau, Germany, specializes in the manufacturing and supply of monocrystalline silicon wafers for solar cell producers. The company employs an innovative continuous gas-to-wafer manufacturing process that minimizes waste, enabling the production of high-quality wafers at a significantly lower cost compared to conventional options. These wafers are designed to be fully compatible with existing cell and module fabrication processes, making them an attractive choice for manufacturers in the solar energy sector. By providing efficient and cost-effective solutions, NexWafe aims to play a pivotal role in the transition towards sustainable energy.
EnerVenue
Series A in 2021
EnerVenue Inc., established in 2020 and headquartered in Fremont, California, specializes in developing metal-hydrogen energy storage batteries for large-scale renewable energy applications. The company's innovative technology addresses the grid's need for reliable energy storage, offering an alternative to traditional lithium-ion batteries. EnerVenue's Energy Storage Vessels are designed to be durable, safe, flexible, and cost-efficient, making them suitable for stationary energy storage in support of a sustainable, renewable energy future.
Energy Vault
Series C in 2021
Energy Vault SA, founded in 2017 and based in Lugano, Switzerland, specializes in energy storage and transmission equipment designed to support renewable power generation. The company has developed an innovative energy storage technology that utilizes principles of physics and kinetic energy, replacing traditional pumped hydro systems with custom-made cylindrical blocks crafted from low-cost materials. This modular system can be tailored to provide capacities ranging from 10 to 35 MWh and power outputs of up to 5 MW, with a projected lifespan exceeding 30 years without degradation of storage capacity. Energy Vault aims to address the intermittency challenges faced by renewable energy sources, such as solar and wind, thereby facilitating a more efficient transition to a sustainable energy future. The company's operations extend across the United States and China, with a significant portion of its revenue generated in the U.S.
HT Materials Science
Series A in 2021
HT Materials Science Ltd. is a Dublin-based company founded in 2018 that specializes in the development and commercialization of advanced heat transfer fluid technology, specifically its product Maxwell 2020. This innovative fluid operates as a drop-in additive for both new and existing cooling systems, enhancing heat transfer efficiency while significantly reducing energy consumption. The company targets both commercial and industrial markets, providing solutions for a wide range of applications, including HVAC systems, power generation, and processing in sectors such as chemical, food, and pharmaceuticals. By enabling lower energy costs and improving equipment performance, HT Materials Science contributes to substantial reductions in carbon emissions, presenting a compelling option for businesses seeking energy-efficient solutions.
Data Gumbo
Series B in 2021
Data Gumbo Corporation is a Houston-based company, founded in 2016, that specializes in blockchain-based smart contract services. The company offers a unique Blockchain-as-a-Service platform that automates the execution of smart contracts by utilizing standardized data collected from real-time sensors and operational systems. This platform enhances operational efficiency by enabling enterprises to validate and automate transactions, thus eliminating payment delays and disputes. Data Gumbo serves clients primarily in the oil and gas industry, but its solutions are applicable across various sectors, promoting transparency and accountability in business transactions. The company's technology integrates distributed ledger capabilities with IoT data, allowing organizations to manage contracts with greater certainty while simplifying compliance with environmental, social, and governance standards. With additional offices in Stavanger, Norway, Data Gumbo aims to transform the way companies transact by increasing operational visibility and reducing the need for audits.
AttackIQ, Inc. is a cybersecurity company that specializes in providing a Breach & Attack Simulation (BAS) platform designed to help organizations assess the effectiveness of their security controls. Founded in 2013 and headquartered in San Diego, California, with additional offices in Sydney and Melbourne, Australia, the company's platform allows security teams to simulate real-world attack scenarios based on the MITRE ATT&CK framework. This enables organizations to validate their security measures, uncover vulnerabilities, and prioritize remediation efforts. The platform integrates into existing networks, offering visibility into security programs and facilitating continuous testing against adversary techniques. By automating security assessments, AttackIQ empowers organizations to identify weaknesses in their defenses and ensure that their security architecture is robust and responsive to emerging threats.
Energy Vault
Venture Round in 2021
Energy Vault SA, founded in 2017 and based in Lugano, Switzerland, specializes in energy storage and transmission equipment designed to support renewable power generation. The company has developed an innovative energy storage technology that utilizes principles of physics and kinetic energy, replacing traditional pumped hydro systems with custom-made cylindrical blocks crafted from low-cost materials. This modular system can be tailored to provide capacities ranging from 10 to 35 MWh and power outputs of up to 5 MW, with a projected lifespan exceeding 30 years without degradation of storage capacity. Energy Vault aims to address the intermittency challenges faced by renewable energy sources, such as solar and wind, thereby facilitating a more efficient transition to a sustainable energy future. The company's operations extend across the United States and China, with a significant portion of its revenue generated in the U.S.
Nexa3D
Venture Round in 2021
Nexa3D Inc. is a manufacturer of industrial-grade 3D printers, specializing in ultrafast stereolithography technology. Based in Ventura, California, the company utilizes proprietary Lubricant Sublayer Photo-curing (LSPc) technology and a patented structured light matrix to achieve printing speeds of up to 1 cm per minute. This innovation significantly reduces the time required to produce precision functional parts, transforming 3D printing cycles from hours to mere minutes. Nexa3D serves a diverse clientele, including engineers, designers, and manufacturers, aiming to make advanced 3D printing accessible and efficient for professionals and businesses of all sizes. Established in 2016, the company is focused on digitizing the supply chain through its advanced printing solutions.
3YOURMIND
Series A in 2021
3YOURMIND GmbH is a Berlin-based company founded in 2013, specializing in the development of an industrial 3D printing software platform. With additional offices in San Francisco and Wroclaw, the company offers enterprise software solutions that automate additive manufacturing processes and workflows for leading firms and 3D print services. Its product suite standardizes various aspects of the additive manufacturing supply chain, including historical part data analysis, order management, and production scheduling. The software facilitates digital workflows, enabling data-driven production decisions while optimizing execution and quality assurance in distributed manufacturing. 3YOURMIND's tools, including Agile PLM and Agile ERP, enhance product innovation and streamline order processing. The company's expertise in additive manufacturing services supports clients throughout the entire workflow, from concept development to project execution. Notable clients include GKN, DB Schenker, and EOS, reflecting the company's commitment to advancing automated agile manufacturing solutions.
Seeq Corporation is a software company that specializes in analytics solutions for industrial process data. Founded in 2012 and headquartered in Seattle, Washington, Seeq provides an application that enables users to process data analytics, cleanse data, model information, and monitor assets in real time. The platform integrates data from various sources, including historians like OSIsoft PI and relational databases such as SQL Server and Oracle. By focusing on industries such as food and beverage, oil and gas, pharmaceuticals, and utilities, Seeq aims to help organizations derive valuable insights from their industrial data. The company fosters collaboration among employees, facilitating better business decisions and operational execution.
Utility Global
Venture Round in 2021
Utility Global, Inc. is a technology company based in Provo, Utah, founded in 2018. It specializes in the design and development of innovative solutions for manufacturing, sensing, control, and nanotechnology, with a focus on its proprietary gas production technology known as eXERO™. This technology features a unique reactor that converts variable industrial process gases into high-purity hydrogen and a concentrated CO2 stream, facilitating on-site carbon capture without requiring electricity. The hydrogen produced can be utilized as a replacement for coke in steelmaking, while the high purity of the CO2 stream simplifies and reduces the costs associated with carbon capture. Through its advancements, Utility Global aims to contribute to a low-carbon future and support the decarbonization of the steel industry.
Corrosion RADAR
Series A in 2021
CorrosionRADAR Ltd is a company specializing in corrosion monitoring systems through innovative sensor technology aimed at detecting and predicting hidden corrosion. Founded in 2017 and headquartered in Cambridge, United Kingdom, with a research facility in Bedfordshire, the company serves a diverse range of industries, including oil and gas, power and utilities, industrial manufacturing, and civil infrastructure. Its advanced technologies utilize distributed sensing and analytics to offer predictive corrosion management, enabling clients to effectively monitor corrosion and moisture levels, particularly in challenging environments. By providing insights into corrosion severity and location, CorrosionRADAR supports safe, reliable, and cost-effective maintenance and inspection practices across various sectors, including offshore and onshore energy operations, chemical plants, and infrastructure projects.
NexWafe GmbH, established in 2015 and headquartered in Freiburg im Breisgau, Germany, specializes in the manufacturing and supply of monocrystalline silicon wafers for solar cell producers. The company employs an innovative continuous gas-to-wafer manufacturing process that minimizes waste, enabling the production of high-quality wafers at a significantly lower cost compared to conventional options. These wafers are designed to be fully compatible with existing cell and module fabrication processes, making them an attractive choice for manufacturers in the solar energy sector. By providing efficient and cost-effective solutions, NexWafe aims to play a pivotal role in the transition towards sustainable energy.
Dragos is an industrial cybersecurity company specializing in protecting critical infrastructure worldwide. It develops software that provides real-time visibility into Industrial Control Systems (ICS) and Operational Technology (OT) networks, enabling early detection of threats and proactive mitigation strategies. The company's solutions are optimized for emerging technologies like the Industrial Internet of Things (IIoT), serving clients across power and water utilities, energy, and manufacturing sectors to enhance their overall security posture.
Data Gumbo
Series B in 2020
Data Gumbo Corporation is a Houston-based company, founded in 2016, that specializes in blockchain-based smart contract services. The company offers a unique Blockchain-as-a-Service platform that automates the execution of smart contracts by utilizing standardized data collected from real-time sensors and operational systems. This platform enhances operational efficiency by enabling enterprises to validate and automate transactions, thus eliminating payment delays and disputes. Data Gumbo serves clients primarily in the oil and gas industry, but its solutions are applicable across various sectors, promoting transparency and accountability in business transactions. The company's technology integrates distributed ledger capabilities with IoT data, allowing organizations to manage contracts with greater certainty while simplifying compliance with environmental, social, and governance standards. With additional offices in Stavanger, Norway, Data Gumbo aims to transform the way companies transact by increasing operational visibility and reducing the need for audits.
Seeq Corporation is a software company that specializes in analytics solutions for industrial process data. Founded in 2012 and headquartered in Seattle, Washington, Seeq provides an application that enables users to process data analytics, cleanse data, model information, and monitor assets in real time. The platform integrates data from various sources, including historians like OSIsoft PI and relational databases such as SQL Server and Oracle. By focusing on industries such as food and beverage, oil and gas, pharmaceuticals, and utilities, Seeq aims to help organizations derive valuable insights from their industrial data. The company fosters collaboration among employees, facilitating better business decisions and operational execution.
Parsable, Inc. is a technology company based in San Francisco, California, specializing in workflow management solutions for industrial sectors, including consumer packaged goods, manufacturing, and energy. The company offers the Parsable Connected Worker Platform, which transforms static, paper-based procedures into mobile and interactive work instructions. This platform allows industrial workers to utilize multimedia formats and collaborate in real-time, improving productivity, quality, and safety. Additionally, Parsable's solutions facilitate the collection of operational data, enabling organizations to gain insights into human work activities and enhance efficiency through data analysis, change tracking, and process training. Founded in 2013 and originally known as Wearable Intelligence, Inc., Parsable has expanded its presence with offices in Austin, Texas; Vancouver, Canada; and Kildare, Ireland.
FogHorn is a developer of edge intelligence software tailored for industrial and commercial Internet of Things (IoT) applications. The company's platform enables advanced analytics and machine learning capabilities to be deployed in on-premises edge environments, facilitating applications such as monitoring, diagnostics, machine performance optimization, proactive maintenance, and operational intelligence. FogHorn's technology is particularly beneficial for original equipment manufacturers (OEMs), systems integrators, and end customers across various sectors, including manufacturing, energy, mining, transportation, healthcare, retail, and smart infrastructure initiatives like smart grids and connected vehicles. By enhancing edge computing with real-time analytics, FogHorn empowers businesses to integrate seamlessly with major cloud platforms, allowing for informed, analytics-driven decision-making.
Nexa3D Inc. is a manufacturer of industrial-grade 3D printers, specializing in ultrafast stereolithography technology. Based in Ventura, California, the company utilizes proprietary Lubricant Sublayer Photo-curing (LSPc) technology and a patented structured light matrix to achieve printing speeds of up to 1 cm per minute. This innovation significantly reduces the time required to produce precision functional parts, transforming 3D printing cycles from hours to mere minutes. Nexa3D serves a diverse clientele, including engineers, designers, and manufacturers, aiming to make advanced 3D printing accessible and efficient for professionals and businesses of all sizes. Established in 2016, the company is focused on digitizing the supply chain through its advanced printing solutions.
VAKT Holdings Limited
Venture Round in 2020
VAKT Global Limited, founded in 2018 and based in London, operates a blockchain-based digital platform designed to transform post-trade processing in the commodities trading industry. The platform serves as a secure and real-time ecosystem that enhances visibility of logistic data and eliminates traditional reconciliation and paper-based processes. By providing a single source of truth for the entire trade lifecycle, VAKT aims to improve operational efficiencies and decision-making for its clients. The initiative is supported by nine leading energy companies and banks that are committed to leveraging blockchain technology to address longstanding industry challenges. Through its innovative approach, VAKT creates new trade finance opportunities while streamlining communication and scheduling within the trading process.
Specialty RTP
Venture Round in 2020
Specialty RTP is a design and manufacturing company specializing in polymer pipe and reinforced thermoplastic pipe products. The company offers a range of services, including turnkey rehabilitation, spoolable pipe, velocity strings, and lift systems, catering to both onshore and offshore surface line needs. By providing innovative thermoplastic solutions, Specialty RTP aims to optimize production rates while minimizing capital and operating expenses, all without compromising safety. This approach enables clients to maximize their assets and seek alternatives for enhancing the profitability of mature reservoirs.
Seeq Corporation is a software company that specializes in analytics solutions for industrial process data. Founded in 2012 and headquartered in Seattle, Washington, Seeq provides an application that enables users to process data analytics, cleanse data, model information, and monitor assets in real time. The platform integrates data from various sources, including historians like OSIsoft PI and relational databases such as SQL Server and Oracle. By focusing on industries such as food and beverage, oil and gas, pharmaceuticals, and utilities, Seeq aims to help organizations derive valuable insights from their industrial data. The company fosters collaboration among employees, facilitating better business decisions and operational execution.
Nexa3D
Venture Round in 2019
Nexa3D Inc. is a manufacturer of industrial-grade 3D printers, specializing in ultrafast stereolithography technology. Based in Ventura, California, the company utilizes proprietary Lubricant Sublayer Photo-curing (LSPc) technology and a patented structured light matrix to achieve printing speeds of up to 1 cm per minute. This innovation significantly reduces the time required to produce precision functional parts, transforming 3D printing cycles from hours to mere minutes. Nexa3D serves a diverse clientele, including engineers, designers, and manufacturers, aiming to make advanced 3D printing accessible and efficient for professionals and businesses of all sizes. Established in 2016, the company is focused on digitizing the supply chain through its advanced printing solutions.
Capsule8, founded in 2016 and headquartered in New York, specializes in cyber protection for enterprise infrastructure, focusing specifically on Linux systems. The company offers Capsule8 Protect, a platform designed to detect and mitigate attacks in real-time across various environments, including containerized, virtualized, and bare metal systems. With a team comprised of experienced hackers and security entrepreneurs, Capsule8 aims to provide continuous security, allowing organizations to safeguard their Linux-powered infrastructures from zero-day attacks and other unwanted activities without the need for human intervention. This innovative approach enables enterprises to modernize their systems while maintaining robust security.
Typhon Treatment Systems
Venture Round in 2019
Typhon Treatment Systems Ltd. is a UK-based manufacturer of water treatment equipment, established in 2014 and headquartered in Penrith. The company specializes in developing ultraviolet (UV) light emitting diode (LED) technology for water disinfection, focusing primarily on utility-scale applications. Typhon's innovative systems are capable of treating large volumes of water, while also offering adaptable designs suitable for smaller residential applications. The company's patent-pending technology provides a high level of UV dose to the water being treated, ensuring effective disinfection without the use of mercury. As advancements in UV LED power and energy efficiency continue to progress, Typhon aims to enhance its unique water treatment solutions, making safe and affordable water disinfection accessible to a broader audience.
Data Gumbo
Series A in 2019
Data Gumbo Corporation is a Houston-based company, founded in 2016, that specializes in blockchain-based smart contract services. The company offers a unique Blockchain-as-a-Service platform that automates the execution of smart contracts by utilizing standardized data collected from real-time sensors and operational systems. This platform enhances operational efficiency by enabling enterprises to validate and automate transactions, thus eliminating payment delays and disputes. Data Gumbo serves clients primarily in the oil and gas industry, but its solutions are applicable across various sectors, promoting transparency and accountability in business transactions. The company's technology integrates distributed ledger capabilities with IoT data, allowing organizations to manage contracts with greater certainty while simplifying compliance with environmental, social, and governance standards. With additional offices in Stavanger, Norway, Data Gumbo aims to transform the way companies transact by increasing operational visibility and reducing the need for audits.
908 Devices
Series E in 2019
908 Devices Inc. is a Boston-based company that specializes in the development and sale of handheld and desktop measurement devices for chemical and biochemical analysis. Founded in 2012, the company leverages mass spectrometry technology to create portable tools designed for immediate application in various fields, including life sciences research, bioprocessing, industrial biotechnology, and forensics. Its product lineup includes the MX908, a battery-powered, handheld mass spectrometry device capable of rapid analysis of unknown gas, liquid, and solid materials; the Rebel, a desktop analyzer offering real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to provide reliable and actionable insights in challenging environments, meeting the needs of professionals who require efficient solutions for complex analytical tasks.
Earth Science Analytics
Series A in 2019
Earth Science Analytics AS is a Norwegian company specializing in cloud-based software solutions for the petroleum geosciences market. Founded in 2012 and headquartered in Stavanger, it offers a range of geoscience-driven software products designed to enhance exploration success in complex geological environments. The company's primary platform, EarthNET, is a web-based, geospatial-oriented software as a service (SaaS) that utilizes artificial intelligence to predict rock and fluid properties in the subsurface. Additional offerings include EarthBANK, a geo-data management platform; EarthGRAPH, a data visualization tool; and EarthINSIGHT, a decision support tool. Through machine learning workflows, Earth Science Analytics aims to deliver high-quality, data-driven predictions to clients in the exploration and production sector, improving efficiency, precision, and cost-effectiveness compared to traditional methods.
Daphne Technology
Series A in 2019
Daphne Technology SA is a climate technology company based in Ecublens, Switzerland, founded in 2017. The company specializes in catalyst-free, nano-technology solutions designed to help the petrochemical, power, and transportation industries significantly reduce air emissions in accordance with international and national regulations. Its patented technology effectively breaks down toxic pollutants, converting them into non-hazardous elements or valuable by-products. This miniaturized solution is particularly well-suited for marine vessels and offers a cost-effective alternative to existing technologies by lowering both capital and operational costs without necessitating a switch in fuel sources. As a result, Daphne Technology addresses environmental challenges by enabling a cleaner and more sustainable approach to emissions management across various sectors.
Cumulus Digital Systems
Seed Round in 2018
Cumulus Digital Systems, Inc. is a startup based in Cambridge, Massachusetts, that specializes in developing a cloud-hosted software platform aimed at enhancing maintenance and construction workflows. The company's primary offering is the Smart Torque System, which leverages Internet of Tools technology to gather data from digitally-enabled tools. This platform serves as a centralized source for real-time quality assurance and progress tracking, facilitating improved management of industrial facilities. By structuring data collected during operations, Cumulus enables businesses to achieve significant improvements in productivity and work processes, thereby making industrial environments safer and more efficient. Cumulus Digital Systems was incorporated in 2018.
Upside, established in 2015 and headquartered in Washington D.C., operates a retail technology platform that benefits both consumers and local businesses. The platform offers users personalized cashback promotions on everyday purchases at gas stations, groceries, and restaurants, helping them save on regular spending. Simultaneously, it provides local businesses with improved visibility and reach, enabling them to earn more profit without altering their business models. Additionally, Upside commits 1% of its revenue to support sustainability initiatives in its areas of operation, creating a positive impact on the community.
Clarke Valve
Series B in 2018
Clarke Valve is a developer of advanced energy-saving shutter valves tailored for industrial and aerospace applications. Established in 2011 and headquartered in North Kingstown, Rhode Island, the company specializes in valves that provide features such as zero pressure drop, zero flow restriction, and precise flow control. These innovations result in negligible turbulence, low cavitation, and reduced noise levels, making them suitable for demanding environments like oil and gas, chemical plants, power generation, and water management. Clarke Valve's products are designed for easy scalability and customization, ensuring they meet a wide range of operational requirements while promoting efficient energy use and long-term reliability.
Well-SENSE
Corporate Round in 2018
Well-SENSE Technology Ltd. is a company based in Aberdeen, United Kingdom, specializing in the development of disposable fiber optic systems for the oil and gas industry. Founded in 2015, the company offers innovative FiberLine Intervention (FLI) technology, which facilitates real-time distributed temperature, pressure, and acoustic measurements along the length of a well. This technology enhances various applications, including cement assurance, gas lift optimization, and flow monitoring, by providing high-definition data that helps clients address oilfield challenges effectively. In addition to FLI, Well-SENSE provides single-point temperature and pressure sensors, digital caliper gauges, and advanced surveying techniques, all aimed at reducing costs, minimizing risks, and improving operational efficiency in the oil and gas sector.
Xage Security
Series A in 2018
Xage Security, Inc. is a cybersecurity company specializing in blockchain-protected security solutions for industrial Internet of Things (IoT) applications. Founded in 2016 and headquartered in Palo Alto, California, Xage develops a comprehensive security platform that includes products such as the Xage Gateway, which connects to various IIoT edge devices to provide authentication and enforcement; the Xage Broker, which synchronizes credentials and policies; and the Xage Security Cloud for configuration and monitoring. The company's offerings also encompass features like tamper-proofing, edge authentication, role-based access control, and device lifecycle management. Xage serves a diverse range of industries, including energy, transportation, manufacturing, and healthcare, with a focus on delivering zero trust access and protection to safeguard against advanced threats.
Form Energy
Series A in 2018
Form Energy, Inc. is a company focused on developing long-duration energy storage systems aimed at transforming the electric grid by enabling the reliable use of renewable energy sources such as wind and solar. Established in 2017 and based in Somerville, Massachusetts, Form Energy is known for its innovative iron-air battery technology, which allows for the storage of electricity over extended periods, making renewable energy more dispatchable throughout the year. This technology not only helps to replace conventional fossil fuel-based generation but also enhances transmission capacity without the need for new infrastructure. By facilitating deep decarbonization of the electric system, Form Energy plays a significant role in reducing carbon emissions and promoting a sustainable energy future.
Parsable, Inc. is a technology company based in San Francisco, California, specializing in workflow management solutions for industrial sectors, including consumer packaged goods, manufacturing, and energy. The company offers the Parsable Connected Worker Platform, which transforms static, paper-based procedures into mobile and interactive work instructions. This platform allows industrial workers to utilize multimedia formats and collaborate in real-time, improving productivity, quality, and safety. Additionally, Parsable's solutions facilitate the collection of operational data, enabling organizations to gain insights into human work activities and enhance efficiency through data analysis, change tracking, and process training. Founded in 2013 and originally known as Wearable Intelligence, Inc., Parsable has expanded its presence with offices in Austin, Texas; Vancouver, Canada; and Kildare, Ireland.
Veretek
Venture Round in 2018
Veretek provides electric submersible pumps, surface pumping, and optimization. Their products such as electric submersible pumps, surface pumps, variable speed drive optimization, field services, and onsite engineering. Their electric submersible pumps components such as pumps, motors, seal sections, gas handling devices, vsd, esp power cable, mle cable, downhole sensors, monitoring automation and optimization, sands mitigation, and solids mitigation.
Clarke Valve
Series B in 2018
Clarke Valve is a developer of advanced energy-saving shutter valves tailored for industrial and aerospace applications. Established in 2011 and headquartered in North Kingstown, Rhode Island, the company specializes in valves that provide features such as zero pressure drop, zero flow restriction, and precise flow control. These innovations result in negligible turbulence, low cavitation, and reduced noise levels, making them suitable for demanding environments like oil and gas, chemical plants, power generation, and water management. Clarke Valve's products are designed for easy scalability and customization, ensuring they meet a wide range of operational requirements while promoting efficient energy use and long-term reliability.
Gryphon Oilfield Solutions
Private Equity Round in 2018
Gryphon Oilfield Solutions LLC, established in 2015, specializes in manufacturing tools and equipment for oil and gas field services. Headquartered in Houston, Texas with additional offices in Calgary, Canada, the company offers a range of solutions including frac sleeves, toe initiation systems, coiled tubing services, zonal isolation tools, liner packers, remedial workover equipment, plug and perf systems, and casing equipment. Gryphon's products aim to enhance efficiencies and optimize hydrocarbon recovery for its clients across various global locations.
Maana, Inc. is a technology company that specializes in industrial data analytics and knowledge-centric software solutions. Founded in 2012 and headquartered in Palo Alto, California, with additional offices in Bellevue, Washington, Houston, Texas, London, United Kingdom, and Dhahran, Saudi Arabia, Maana offers the Maana Knowledge Platform, which facilitates operational problem solving and enhances knowledge discovery to drive profitability. The platform is underpinned by a patented Knowledge Graph that efficiently extracts knowledge from data silos, revealing relationships within the context of specific assets or processes. Maana serves various sectors including industrial field services, maintenance, sales, logistics, finance, risk and compliance, and oil and gas, helping global companies optimize their operations and make data-driven decisions.
NexWafe
Venture Round in 2017
NexWafe GmbH, established in 2015 and headquartered in Freiburg im Breisgau, Germany, specializes in the manufacturing and supply of monocrystalline silicon wafers for solar cell producers. The company employs an innovative continuous gas-to-wafer manufacturing process that minimizes waste, enabling the production of high-quality wafers at a significantly lower cost compared to conventional options. These wafers are designed to be fully compatible with existing cell and module fabrication processes, making them an attractive choice for manufacturers in the solar energy sector. By providing efficient and cost-effective solutions, NexWafe aims to play a pivotal role in the transition towards sustainable energy.
FogHorn is a developer of edge intelligence software tailored for industrial and commercial Internet of Things (IoT) applications. The company's platform enables advanced analytics and machine learning capabilities to be deployed in on-premises edge environments, facilitating applications such as monitoring, diagnostics, machine performance optimization, proactive maintenance, and operational intelligence. FogHorn's technology is particularly beneficial for original equipment manufacturers (OEMs), systems integrators, and end customers across various sectors, including manufacturing, energy, mining, transportation, healthcare, retail, and smart infrastructure initiatives like smart grids and connected vehicles. By enhancing edge computing with real-time analytics, FogHorn empowers businesses to integrate seamlessly with major cloud platforms, allowing for informed, analytics-driven decision-making.
OxyMem
Funding Round in 2017
OxyMem is a company focused on transforming wastewater treatment through its innovative Membrane Aerated Biofilm Reactor (MABR) technology. This solution addresses the energy-intensive nature of conventional wastewater treatment, which typically relies on bubble diffusion methods that result in significant energy losses. By utilizing hollow fibre gas permeable membranes, OxyMem facilitates direct oxygen delivery to microorganisms, achieving oxygen transfer rates of up to 95%. This advancement not only enhances biological capacity by up to 50% but also significantly reduces energy consumption by 75% and sludge production by 50%. OxyMem's technology serves as a complementary enhancement to existing treatment systems or as a replacement for outdated infrastructure, promoting more sustainable and efficient wastewater management practices.
FogHorn is a developer of edge intelligence software tailored for industrial and commercial Internet of Things (IoT) applications. The company's platform enables advanced analytics and machine learning capabilities to be deployed in on-premises edge environments, facilitating applications such as monitoring, diagnostics, machine performance optimization, proactive maintenance, and operational intelligence. FogHorn's technology is particularly beneficial for original equipment manufacturers (OEMs), systems integrators, and end customers across various sectors, including manufacturing, energy, mining, transportation, healthcare, retail, and smart infrastructure initiatives like smart grids and connected vehicles. By enhancing edge computing with real-time analytics, FogHorn empowers businesses to integrate seamlessly with major cloud platforms, allowing for informed, analytics-driven decision-making.
908 Devices
Series D in 2017
908 Devices Inc. is a Boston-based company that specializes in the development and sale of handheld and desktop measurement devices for chemical and biochemical analysis. Founded in 2012, the company leverages mass spectrometry technology to create portable tools designed for immediate application in various fields, including life sciences research, bioprocessing, industrial biotechnology, and forensics. Its product lineup includes the MX908, a battery-powered, handheld mass spectrometry device capable of rapid analysis of unknown gas, liquid, and solid materials; the Rebel, a desktop analyzer offering real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to provide reliable and actionable insights in challenging environments, meeting the needs of professionals who require efficient solutions for complex analytical tasks.
Paradigm Group
Venture Round in 2017
Paradigm Group is an oil and gas company that offers drilling enhancement, well intervention, fire protection, and other energy services.
Cannseal
Venture Round in 2016
CannSeal is a Norwegian-based, technology-focused, oil service company that has developed a proprietary annular isolation technology for enhanced oil recovery.
Strohm
Venture Round in 2016
Strohm is a private supply chain company specializing in the offshore wind-to-hydrogen sector. It manufactures fully bonded, thermoplastic composite pipes designed for various applications in the offshore oil and gas industry. Strohm's product offerings include downlines, well intervention hoses, jumpers, spools, offshore flowlines, and risers. These composite pipes are lightweight, high-strength, and corrosion-resistant, providing significant cost and operational advantages for clients engaged in subsea intervention and production activities. Through its innovative solutions, Strohm aims to enhance efficiency and reliability in the energy sector.
Desktop Metal
Series B in 2016
Desktop Metal, Inc. is a manufacturer of additive manufacturing solutions, specializing in 3D printing technologies for metal and carbon fiber. Founded in 2015 and headquartered in Burlington, Massachusetts, the company offers a range of products, including the Production System for industrial manufacturing, the Shop System for machine and job shops, the Studio System designed for office use, and the Fiber desktop 3D printer. Desktop Metal serves a variety of industries such as automotive, aerospace, healthcare, consumer products, heavy industry, machine design, and research and development. Its innovative systems, materials, and software facilitate on-demand digital mass production, providing the speed, cost-efficiency, and part quality necessary for modern manufacturing. The company markets its solutions across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, with a significant portion of its revenue generated from the Americas.
Zahroof Valves
Series C in 2016
Zahroof Valves, Inc. is a Houston-based manufacturer specializing in performance valves for reciprocating gas compressors. The company is renowned for its Zahroof Performance Valves, which utilize patented Modular Reed Valve technology. These valves are designed to enhance compressor serviceability, increase reliability, and reduce power consumption by 5-15%, resulting in significant fuel savings and lowered operational costs for various industries including natural gas, oil and gas, refineries, and chemical plants. Zahroof Valves develops StraightFlo valves that feature a modular design, streamlining maintenance and improving overall compressor efficiency. Since its founding in 2010, Zahroof Valves has focused on delivering advanced solutions that minimize downtime and enhance productivity for its clients across multiple sectors.
Parsable, Inc. is a technology company based in San Francisco, California, specializing in workflow management solutions for industrial sectors, including consumer packaged goods, manufacturing, and energy. The company offers the Parsable Connected Worker Platform, which transforms static, paper-based procedures into mobile and interactive work instructions. This platform allows industrial workers to utilize multimedia formats and collaborate in real-time, improving productivity, quality, and safety. Additionally, Parsable's solutions facilitate the collection of operational data, enabling organizations to gain insights into human work activities and enhance efficiency through data analysis, change tracking, and process training. Founded in 2013 and originally known as Wearable Intelligence, Inc., Parsable has expanded its presence with offices in Austin, Texas; Vancouver, Canada; and Kildare, Ireland.
Maana, Inc. is a technology company that specializes in industrial data analytics and knowledge-centric software solutions. Founded in 2012 and headquartered in Palo Alto, California, with additional offices in Bellevue, Washington, Houston, Texas, London, United Kingdom, and Dhahran, Saudi Arabia, Maana offers the Maana Knowledge Platform, which facilitates operational problem solving and enhances knowledge discovery to drive profitability. The platform is underpinned by a patented Knowledge Graph that efficiently extracts knowledge from data silos, revealing relationships within the context of specific assets or processes. Maana serves various sectors including industrial field services, maintenance, sales, logistics, finance, risk and compliance, and oil and gas, helping global companies optimize their operations and make data-driven decisions.
NanoMech, was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-inspired and nano-manufactured product development. NanoMech is a pioneer in applying breakthrough nano-engineered innovations to robust areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications. NanoMech brings ideas from innovation to implementation, commercializing nanomanufactured products at record speed in the market. NanoMech is a member of President Obama’s Materials Genome Initiative, a public / private collaboration with the aim of doubling the speed and reducing the cost of discovering, developing, and deploying new advanced materials. NanoMech is also a member of the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, (www.Compete.org) both based in Washington, DC.
908 Devices
Series C in 2015
908 Devices Inc. is a Boston-based company that specializes in the development and sale of handheld and desktop measurement devices for chemical and biochemical analysis. Founded in 2012, the company leverages mass spectrometry technology to create portable tools designed for immediate application in various fields, including life sciences research, bioprocessing, industrial biotechnology, and forensics. Its product lineup includes the MX908, a battery-powered, handheld mass spectrometry device capable of rapid analysis of unknown gas, liquid, and solid materials; the Rebel, a desktop analyzer offering real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to provide reliable and actionable insights in challenging environments, meeting the needs of professionals who require efficient solutions for complex analytical tasks.
ConXtech, Inc. is a construction technology company based in Pleasanton, California, specializing in the development of modular building systems. It offers the ConX structural steel chassis system, which is designed for high-density residential, commercial, healthcare, and institutional projects, as well as industrial applications like pipe racks. The company provides a range of manufactured connectors and building components that allow for the mass customization of structural frames, facilitating the integration of additional factory-built modules. Founded in 2004, ConXtech aims to enhance the efficiency, quality, and safety of construction processes, enabling developers to expedite project timelines and reduce costs across various sectors, including industrial, residential, healthcare, and commercial markets. Its manufacturing operations are located in Hayward, California.
Target Intervention
Venture Round in 2015
Target Intervention AS is a company that specializes in developing advanced downhole tool solutions for fracture and intervention applications in the oil and gas sector. Founded in 2011 and based in Ålgård, Norway, the company serves a range of customers both domestically and internationally. Target Intervention offers coiled tubing tools that feature high flow capability and fully electric, independently operated functions. These tools are equipped with electric downhole motors that control packing elements, anchors, and valves, allowing for real-time monitoring of essential well parameters such as pressure, temperature, and mechanical force. This technology enhances operator control and reliability, making coiled tubing interventions more efficient and effective.
Siluria Technologies
Series D in 2014
Siluria Technologies is a materials innovation company focused on addressing global challenges in the natural gas, chemicals, and fuel industries. By leveraging advancements in nanotechnology, biotechnology, and chemical engineering, Siluria has created a platform that enables the efficient production of chemicals and fuels from natural gas, a more abundant and cost-effective resource compared to oil. Their technology allows for the conversion of natural gas into higher-value products, including liquid fuels such as gasoline, diesel, and jet fuel, through the integration of nanomaterials and catalyst development. Siluria's research and engineering teams are actively working to commercialize their solutions and engage with major chemical and fuel companies to bring their technology to pilot-scale production.