Idea Well Capital Partners

VEERUM Inc. is an Industrial Internet of Things (IIoT) company based in Calgary, Canada, specializing in digital asset management through its innovative Asset Visualization Platform. Founded in 2014, VEERUM leverages artificial intelligence and digital twin technology to create a digital replica of physical assets, enabling stakeholders to visualize and optimize projects throughout their entire lifecycle—from design and fabrication to construction. The platform provides a secure, cloud-based solution that offers data transparency and real-time insights within a 3D model, facilitating enhanced collaboration and decision-making. By allowing users to access aggregated asset data and maintain a comprehensive audit history, VEERUM aims to improve productivity and ensure business continuity in capital-intensive industries, thereby supporting clients in the transition to digital asset ownership.

Convrg is a company focused on providing remote power generation services aimed at enhancing environmental sustainability in the Canadian upstream oil and gas sector. By developing innovative power generation and air compression packages, Convrg eliminates methane venting and complies with stringent methane regulations. Their technology offers an efficient solution for power and instrument air, which helps operators reduce both capital and operating costs. Through its services, Convrg addresses the challenges faced by businesses in remote locations while promoting a more sustainable approach to energy generation.

TERIC Power is an innovative developer, owner, and operator focused on energy storage and clean power generation projects. The company specializes in designing and developing customized energy storage solutions that utilize proven technologies for innovative commercial applications. By providing electricity distribution services, TERIC Power enables customers to access sustainable power, contributing to the transition towards cleaner energy sources. Through its projects, the company aims to enhance energy efficiency and reliability while promoting environmentally friendly practices.