Energy Innovation Capital

Energy Innovation Capital invests in venture and growth-stage companies that target large oil, gas or energy markets. They work with experienced entrepreneurs in developing differentiated technologies or business model innovations. Their team has deep expertise and relationships across both the oil & gas and advanced energy sectors. In addition, they are developing an ecosystem around our platform of strategic partners, who are leaders in energy innovation.

W. George Coyle

Managing Partner

Vikki Dunn

Operating Partner

37 past transactions

Infinitum

Series D in 2022
Infinitum Electric Inc. is a technology company based in Austin, Texas, specializing in the manufacture of electric motors and control products. Established in 2014, the company leverages its innovative printed circuit board (PCB) stator technology to produce lightweight, efficient, and durable electric motors. This technology positions Infinitum at the forefront of the motor industry, offering products that are not only cost-effective but also optimized for a variety of applications across multiple sectors. Infinitum Electric collaborates with global manufacturers and industrial original equipment manufacturers (OEMs) to tailor its motor solutions to meet specific market needs. The company, previously known as Fanergies Inc., rebranded in December 2016 to reflect its focus on advanced motor technology.
Titan Advanced Energy Solutions develops advanced battery management systems specifically for lithium-ion batteries. The company’s flagship product, ionView, utilizes patented ultrasound technology to achieve over 99% state-of-health and state-of-charge accuracy throughout the battery's lifespan. This technology offers significant enhancements, including at least a 20% increase in charge capacity and a 125% extension of battery life. Titan’s solutions also incorporate safety monitoring, real-time cell-level monitoring, and balancing capabilities, making them suitable for a variety of applications in the automotive, energy storage, and consumer electronics sectors. Founded in 2016 and headquartered in Somerville, Massachusetts, Titan Advanced Energy Solutions aims to provide significant advantages to manufacturers, integrators, and end-users while maintaining competitive pricing compared to traditional battery management solutions.

Cogniac

Series B in 2021
Cogniac Corporation specializes in providing an enterprise platform for AI-driven visual observation, designed to automate various visual tasks for businesses. Founded in 2015 and based in San Jose, California, Cogniac enables users to connect multiple data sources, such as machine vision cameras, security cameras, and drone images. The platform allows enterprises to define specific use cases and objects of interest, monitor application performance through feedback, and receive real-time alerts. By leveraging advanced deep learning techniques, Cogniac's solutions facilitate the extraction of valuable information from extensive streams of video and image data, achieving superior performance in focused observation tasks. Its applications span across industrial, manufacturing, and safety and security sectors.

Ocean Aero

Series C in 2021
Ocean Aero, Inc. is an unmanned systems company based in San Diego, California, that specializes in designing, developing, and manufacturing autonomous underwater vehicles for a diverse range of sectors, including military, scientific, commercial, and government. The company produces unmanned underwater and surface vessels, along with a System-as-a-Service model that aids in mission planning, outfitting, monitoring, and data acquisition. Its products serve various applications such as marine asset monitoring, ocean floor mapping, military intelligence, environmental sampling, and port security. Ocean Aero focuses on creating eco-friendly, energy-efficient platforms, notably the "Submaran," a wind and solar-powered vessel designed for prolonged deployment at sea. With a commitment to advancing observational technologies, the company aims to meet the increasing demand for unmanned platforms that can gather and relay critical oceanic data. Since its incorporation in 2013, Ocean Aero has been dedicated to improving maritime understanding and protection, with plans for future innovations and variations of its vessel technology.

Relectrify

Series A in 2021
Relectrify develops and supplies advanced battery control solutions, which increase the lifetime and reduce the cost of battery storage systems. The company's cell-level battery management and inverter technology is used in battery storage globally including for homes, industry and the grid, and is suitable for both second-life and new batteries.

Insight M

Series C in 2021
Kairos Aerospace provides large-scale, aerial monitoring of methane emissions. The company completed the first-ever basin-wide aerial survey for methane detection in its 2019 survey of the Permian Basin. Kairos Aerospace’s mission is to improve operational excellence for the oil and gas industry with cost-effective, efficient methane reductions at scale.

Fluence Analytics

Venture Round in 2021
Fluence Analytics, Inc. manufactures industrial and laboratory monitoring solutions that measures and analyzes polymer production process. The company offers a manufacturing system that analyzes polymers during the production; and a light scattering based instrument that measures the pharmaceutical stability of therapeutic proteins, and the quality of natural and synthetic polymers. It serves polymer and biopharmaceutical manufacturers. Fluence Analytics Inc. was formerly known as Advanced Polymer Monitoring Technologies, Inc. and changed its name to Fluence Analytics Inc. in April 2017. The company was founded in 2012 and is based in New Orleans, Louisiana.

Moleaer

Series B in 2021
Moleaer™ (Latin for tiny air), a Los Angeles-based company, develops industrial scale nanobubble systems, resulting in a radical improvement to the economics of agriculture, separating metals, treating wastewaters and recovering oil. Nanobubbles are unique in that they do not float and have immense surface area. This combination allows nanobubbles to stay suspended in water for long periods of time, resulting in an unprecedented high rate of gas transfer. Moleaer's XTB™ Nanobubble Generators increase productivity, water quality, and eliminate maintenance expenses across a wide range of applications.

Infinitum

Series C in 2021
Infinitum Electric Inc. is a technology company based in Austin, Texas, specializing in the manufacture of electric motors and control products. Established in 2014, the company leverages its innovative printed circuit board (PCB) stator technology to produce lightweight, efficient, and durable electric motors. This technology positions Infinitum at the forefront of the motor industry, offering products that are not only cost-effective but also optimized for a variety of applications across multiple sectors. Infinitum Electric collaborates with global manufacturers and industrial original equipment manufacturers (OEMs) to tailor its motor solutions to meet specific market needs. The company, previously known as Fanergies Inc., rebranded in December 2016 to reflect its focus on advanced motor technology.

CSD Nano

Venture Round in 2021
CSD Nano, Inc. is a company based in Corvallis, Oregon, specializing in the development of MoreSun Solution, a nano-tech anti-reflective coating designed for the solar industry. Founded in 2009, CSD Nano not only creates this innovative coating but also manufactures the necessary hardware for its application. The company's anti-reflective coatings can be utilized across various sectors, including solar cover glass, concentrated solar applications, photovoltaic solar cells, building materials, auto glass, and other specialty applications. This versatility positions CSD Nano as a key player in advancing anti-reflective technologies in multiple industries.

Vortexa

Series B in 2021
Vortexa Ltd is a London-based company established in 2016 that specializes in providing real-time information and analytics on crude oil and refined products, including fuel oil, diesel, jet fuel, gasoline, and more. The company offers insights into the movement of these products along trading routes, utilizing a cargo-by-cargo tracking approach. Vortexa's platform leverages artificial intelligence to analyze and interpret data from various sources, delivering comprehensive insights into waterborne energy trades. This enables energy and shipping companies to make informed trading decisions and enhance their competitive edge in the market.

Mission Secure

Series B in 2021
Mission Secure, Inc. specializes in cybersecurity solutions for operational technology and control systems, focusing on protecting critical physical assets from cyber threats. The company offers the MSi Platform, which provides comprehensive monitoring, visibility, and protection against cyber adversaries, insider attacks, and supply chain disruptions. This platform is designed for various industries, including oil and gas, power, chemicals, and defense, ensuring that clients can maintain secure and continuous operations. With its 24/7 managed services, the platform delivers military-grade protection and integrates essential features such as segmentation, threat hunting, and incident response. Founded in 2014 and headquartered in Charlottesville, Virginia, Mission Secure also has offices in Houston, Texas, and Cheltenham, United Kingdom, and collaborates with partners like Comodo Cybersecurity to enhance its offerings.

FreeWire

Series C in 2021
FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers based in San Leandro, California. Established in 2014, the company specializes in smart battery systems that provide mobile and distributed power solutions. Its product line includes the Mobi Charger v0, capable of charging at speeds of up to 5kW, the Mobi Charger v1, which offers charging as a service with attendant support, and the Mobi Charger v2, a semi-autonomous unit that provides dual level 2 and single level 3 charging options. FreeWire's systems deliver clean and quiet power on-site, effectively replacing or supplementing diesel generators for various remote power applications. By offering flexible and easily deployable charging solutions, FreeWire enables its customers to electrify operations previously reliant on fossil fuels while avoiding the complexity and costs associated with traditional infrastructure upgrades. The company is supported by venture capital and partnerships with global corporations.

Orbital Sidekick

Funding Round in 2021
Orbital Sidekick, Inc. specializes in Earth observation and analysis services through advanced hyperspectral imaging technology. The company operates a small satellite constellation that captures narrow contiguous spectral bands, ranging from visible light to infrared. This capability allows for precise chemical classification and change detection, making it a valuable tool for various sectors, including energy, oil and gas, mining, environmental monitoring, infrastructure, agriculture, and defense. Founded in 2016 and headquartered in San Francisco, California, Orbital Sidekick focuses on providing innovative solutions for complex analysis and monitoring needs.

CNIguard

Venture Round in 2020
CNIguard Limited is a company based in Stanmore, United Kingdom, with an additional office in New York, specializing in infrastructure protection and asset management solutions across sectors such as electricity, gas, water, and transport. Founded in 2005, CNIguard develops SensorCore, a cloud-based platform that monitors and maintains infrastructure networks while enabling monetization opportunities. The company offers a range of monitoring devices, including Sentir for manhole monitoring, GasMarshal for gas detection, InDetect for intrusion detection, and OverLine for overhead line monitoring. Additionally, CNIguard provides various services such as SensorView, SensorBridge, and SensorLink, focusing on enhancing the security and efficiency of critical infrastructure through advanced wireless monitoring and detection technologies.

Cogniac

Series B in 2020
Cogniac Corporation specializes in providing an enterprise platform for AI-driven visual observation, designed to automate various visual tasks for businesses. Founded in 2015 and based in San Jose, California, Cogniac enables users to connect multiple data sources, such as machine vision cameras, security cameras, and drone images. The platform allows enterprises to define specific use cases and objects of interest, monitor application performance through feedback, and receive real-time alerts. By leveraging advanced deep learning techniques, Cogniac's solutions facilitate the extraction of valuable information from extensive streams of video and image data, achieving superior performance in focused observation tasks. Its applications span across industrial, manufacturing, and safety and security sectors.

FreeWire

Series B in 2020
FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers based in San Leandro, California. Established in 2014, the company specializes in smart battery systems that provide mobile and distributed power solutions. Its product line includes the Mobi Charger v0, capable of charging at speeds of up to 5kW, the Mobi Charger v1, which offers charging as a service with attendant support, and the Mobi Charger v2, a semi-autonomous unit that provides dual level 2 and single level 3 charging options. FreeWire's systems deliver clean and quiet power on-site, effectively replacing or supplementing diesel generators for various remote power applications. By offering flexible and easily deployable charging solutions, FreeWire enables its customers to electrify operations previously reliant on fossil fuels while avoiding the complexity and costs associated with traditional infrastructure upgrades. The company is supported by venture capital and partnerships with global corporations.

Insight M

Series C in 2020
Kairos Aerospace provides large-scale, aerial monitoring of methane emissions. The company completed the first-ever basin-wide aerial survey for methane detection in its 2019 survey of the Permian Basin. Kairos Aerospace’s mission is to improve operational excellence for the oil and gas industry with cost-effective, efficient methane reductions at scale.

INGU

Series A in 2019
Ingu Solutions Inc., based in Calgary, Canada, specializes in the development of miniaturized mobile sensors designed for pipeline inspection. The company has introduced Pipers, an innovative screening tool that identifies risks and performance issues in pipelines. This technology is capable of detecting and locating leaks, geometric defects, magnetic anomalies, and deposits in pipelines as small as 2 inches in diameter. By facilitating inline inspections that can occur more frequently and at a lower cost, Ingu Solutions addresses the challenges posed by aging pipeline infrastructure and the limitations of traditional inspection methods. Their self-serve inspection model significantly reduces engineering and downtime costs, making pipeline integrity programs more accessible for a diverse range of clients. Ingu Solutions' approach enables continuous access to real-time condition-critical data, empowering clients to enhance their planning and decision-making processes.
Titan Advanced Energy Solutions develops advanced battery management systems specifically for lithium-ion batteries. The company’s flagship product, ionView, utilizes patented ultrasound technology to achieve over 99% state-of-health and state-of-charge accuracy throughout the battery's lifespan. This technology offers significant enhancements, including at least a 20% increase in charge capacity and a 125% extension of battery life. Titan’s solutions also incorporate safety monitoring, real-time cell-level monitoring, and balancing capabilities, making them suitable for a variety of applications in the automotive, energy storage, and consumer electronics sectors. Founded in 2016 and headquartered in Somerville, Massachusetts, Titan Advanced Energy Solutions aims to provide significant advantages to manufacturers, integrators, and end-users while maintaining competitive pricing compared to traditional battery management solutions.

Spear Power Systems

Series B in 2019
Spear Power Systems designs and manufactures safe, reliable lithium-ion battery storage systems for demanding applications including defense, marine propulsion, oil & gas, and mining. The company has a wide range of energy storage systems suited to meet any demand. Their family of TRIDENT maritime batteries offers multiple cell chemistries in order to provide you with industry-leading energy density or ultra-high power density depending on the requirements of your application.

Fluence Analytics

Series A in 2019
Fluence Analytics, Inc. manufactures industrial and laboratory monitoring solutions that measures and analyzes polymer production process. The company offers a manufacturing system that analyzes polymers during the production; and a light scattering based instrument that measures the pharmaceutical stability of therapeutic proteins, and the quality of natural and synthetic polymers. It serves polymer and biopharmaceutical manufacturers. Fluence Analytics Inc. was formerly known as Advanced Polymer Monitoring Technologies, Inc. and changed its name to Fluence Analytics Inc. in April 2017. The company was founded in 2012 and is based in New Orleans, Louisiana.

Moleaer

Series B in 2019
Moleaer™ (Latin for tiny air), a Los Angeles-based company, develops industrial scale nanobubble systems, resulting in a radical improvement to the economics of agriculture, separating metals, treating wastewaters and recovering oil. Nanobubbles are unique in that they do not float and have immense surface area. This combination allows nanobubbles to stay suspended in water for long periods of time, resulting in an unprecedented high rate of gas transfer. Moleaer's XTB™ Nanobubble Generators increase productivity, water quality, and eliminate maintenance expenses across a wide range of applications.

Phoenix Physical Therapy

Venture Round in 2019
Phoenix Physical Therapy offers a range of outpatient services including physical therapy, occupational therapy, speech therapy, athletic training, and massage therapy. Founded in Cranberry Township, Pennsylvania in 1997, the company operates over 120 community-based rehabilitation clinics dedicated to delivering personalized and high-quality patient care. In addition to therapeutic services, it provides health services such as drug screenings, audiometric testing, and both Department of Transportation and non-DOT physicals. Phoenix Physical Therapy focuses on helping patients return to a pain-free and active lifestyle, ensuring they receive individualized care and support on their journey to recovery.

Phoenix ET

Venture Round in 2019
The world is more interconnected than ever before – including the machines in our daily lives. The cost of buying, maintaining and powering those machines is financial, social, and environmental. As an IoT innovator in smart buildings and connected machines we control, manage, and monitor assets such as HVAC, lighting, refrigeration, industrial and consumer facing machines to do smart things such alert, measure and command to automatically correct or predict the need for service. At Phoenix Energy Technologies, we enable retailers, universities, grocery stores, theaters and many other industries to accomplish their savings goals by providing best-in-class software that monitors and controls assets with minimal additional hardware.

CSD Nano

Venture Round in 2019
CSD Nano, Inc. is a company based in Corvallis, Oregon, specializing in the development of MoreSun Solution, a nano-tech anti-reflective coating designed for the solar industry. Founded in 2009, CSD Nano not only creates this innovative coating but also manufactures the necessary hardware for its application. The company's anti-reflective coatings can be utilized across various sectors, including solar cover glass, concentrated solar applications, photovoltaic solar cells, building materials, auto glass, and other specialty applications. This versatility positions CSD Nano as a key player in advancing anti-reflective technologies in multiple industries.

Xpansiv

Series A in 2019
Xpansiv Data Systems, Inc. operates an online platform that converts raw production data into Digital Feedstock™, a secure and efficient data format that integrates data science, cryptography, and distributed-ledger technologies. This transformation allows for the creation of immutable digital assets from commodities such as natural gas, facilitating transactions that enhance supply-chain transparency, verify compliance, and mitigate risk. By capturing and tracking the attributional profiles and characteristics of underlying commodities, Xpansiv empowers markets to better assess and trade these assets in a digital format. Founded in 2016 and headquartered in San Francisco, California, with additional locations in Albuquerque, New Mexico, and Seattle, Washington, Xpansiv operates as a subsidiary of CBL Markets Holdings Pty Ltd. The company's team comprises industry experts committed to improving the production, management, and trading processes of commodities on a global scale.

RedEye Apps

Series B in 2018
RedEye Apps Pty Ltd provides digital engineering solutions for companies that own and operate critical infrastructure. The company’s cloud and mobile based solutions are purpose built to reduce operating cost while improving safety and productivity. It manages operating assets of defense agencies, governments, and cities, as well as power, water, healthcare, mining, oil and gas, transport, and processing and manufacturing industries. The company was incorporated in 2012 and is based in Brisbane, Australia with operations in Melbourne, Australia; Las Vegas, Nevada; and Manila, the Philippines.

tado°

Series F in 2018
Tado° is The Heating App for private homes and small businesses. It adjusts to the residents' behavior in real time and also takes current weather forecasts and building characteristics into account. tado° GmbH is a Munich based Tech Startup bringing Internet of Things into the Cleantech Market. It was founded by Christian Deilmann, Johannes Schwarz, Valentin Sawadski and Leopold von Bismarck in 2011. A team of qualified young professionals has been working on the development of tado° for approximately two years in Munich.

Mission Secure

Series A in 2018
Mission Secure, Inc. specializes in cybersecurity solutions for operational technology and control systems, focusing on protecting critical physical assets from cyber threats. The company offers the MSi Platform, which provides comprehensive monitoring, visibility, and protection against cyber adversaries, insider attacks, and supply chain disruptions. This platform is designed for various industries, including oil and gas, power, chemicals, and defense, ensuring that clients can maintain secure and continuous operations. With its 24/7 managed services, the platform delivers military-grade protection and integrates essential features such as segmentation, threat hunting, and incident response. Founded in 2014 and headquartered in Charlottesville, Virginia, Mission Secure also has offices in Houston, Texas, and Cheltenham, United Kingdom, and collaborates with partners like Comodo Cybersecurity to enhance its offerings.

Insight M

Series B in 2018
Kairos Aerospace provides large-scale, aerial monitoring of methane emissions. The company completed the first-ever basin-wide aerial survey for methane detection in its 2019 survey of the Permian Basin. Kairos Aerospace’s mission is to improve operational excellence for the oil and gas industry with cost-effective, efficient methane reductions at scale.

Insight M

Series B in 2018
Kairos Aerospace provides large-scale, aerial monitoring of methane emissions. The company completed the first-ever basin-wide aerial survey for methane detection in its 2019 survey of the Permian Basin. Kairos Aerospace’s mission is to improve operational excellence for the oil and gas industry with cost-effective, efficient methane reductions at scale.

Ocean Aero

Series B in 2018
Ocean Aero, Inc. is an unmanned systems company based in San Diego, California, that specializes in designing, developing, and manufacturing autonomous underwater vehicles for a diverse range of sectors, including military, scientific, commercial, and government. The company produces unmanned underwater and surface vessels, along with a System-as-a-Service model that aids in mission planning, outfitting, monitoring, and data acquisition. Its products serve various applications such as marine asset monitoring, ocean floor mapping, military intelligence, environmental sampling, and port security. Ocean Aero focuses on creating eco-friendly, energy-efficient platforms, notably the "Submaran," a wind and solar-powered vessel designed for prolonged deployment at sea. With a commitment to advancing observational technologies, the company aims to meet the increasing demand for unmanned platforms that can gather and relay critical oceanic data. Since its incorporation in 2013, Ocean Aero has been dedicated to improving maritime understanding and protection, with plans for future innovations and variations of its vessel technology.

Moleaer

Series A in 2018
Moleaer™ (Latin for tiny air), a Los Angeles-based company, develops industrial scale nanobubble systems, resulting in a radical improvement to the economics of agriculture, separating metals, treating wastewaters and recovering oil. Nanobubbles are unique in that they do not float and have immense surface area. This combination allows nanobubbles to stay suspended in water for long periods of time, resulting in an unprecedented high rate of gas transfer. Moleaer's XTB™ Nanobubble Generators increase productivity, water quality, and eliminate maintenance expenses across a wide range of applications.

Titus Industrial

Series A in 2017
Titus Industrial is a manufacturer and distributor of industrial products, specializing in pipe, valves, and fittings (PVF). The company offers a variety of products, including forged steel, hammer unions, ball valves, fasteners, flanges, and various fittings. Founded in 2015 and headquartered in Dallas, Texas, Titus Industrial operates manufacturing facilities and distribution centers both domestically and internationally. The company aims to streamline the supply chain for its clients by leveraging custom cloud and data analytics software, providing tailored solutions that enhance the business-to-business transaction process.

Fluence Analytics

Series A in 2017
Fluence Analytics, Inc. manufactures industrial and laboratory monitoring solutions that measures and analyzes polymer production process. The company offers a manufacturing system that analyzes polymers during the production; and a light scattering based instrument that measures the pharmaceutical stability of therapeutic proteins, and the quality of natural and synthetic polymers. It serves polymer and biopharmaceutical manufacturers. Fluence Analytics Inc. was formerly known as Advanced Polymer Monitoring Technologies, Inc. and changed its name to Fluence Analytics Inc. in April 2017. The company was founded in 2012 and is based in New Orleans, Louisiana.

Kelvin

Series A in 2016
Kelvin Inc. is a technology company based in San Francisco, California, established in 2013. It specializes in the design and development of the Kelvin Oil App, a software solution that leverages artificial intelligence to automate the optimization and operation of physical systems, specifically catering to the oil field markets. By utilizing advanced A.I. techniques, Kelvin aims to simplify the management of complex systems, enhancing operational efficiency and effectiveness for its clients in the industry.
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