Emvolon is a technology company focused on creating a platform for distributed chemical production that utilizes wasted resources. The company's innovative approach involves converting wasted natural gas from flare sites into usable chemicals, which can serve a variety of industrial applications or be transformed into carbon-negative fuels. Emvolon reimagines traditional diesel engines as miniature chemical reactors, allowing for efficient and effective production without the need for large refineries or chemical plants. This process facilitates the establishment of economically viable small-scale production facilities by leveraging the advantages of mass production alongside economies of scale, ultimately providing communities with the essential raw materials they require.
Emvolon
Seed Round in 2023
Emvolon is a technology company focused on creating a platform for distributed chemical production that utilizes wasted resources. The company's innovative approach involves converting wasted natural gas from flare sites into usable chemicals, which can serve a variety of industrial applications or be transformed into carbon-negative fuels. Emvolon reimagines traditional diesel engines as miniature chemical reactors, allowing for efficient and effective production without the need for large refineries or chemical plants. This process facilitates the establishment of economically viable small-scale production facilities by leveraging the advantages of mass production alongside economies of scale, ultimately providing communities with the essential raw materials they require.
Eden is focused on developing a sustainable platform for natural resource recovery, aiming to create a carbon-neutral future. The company has introduced a novel method known as Pulsed Electrical Well Stimulation (PEWS), which is a patent-pending technology designed to replace traditional hydraulic fracturing. This innovative approach eliminates the need for water injection and addresses the logistical challenges and environmental risks associated with conventional fracking methods. By utilizing high-voltage electricity and proprietary modeling techniques, Eden enhances rock permeability with precision, facilitating effective resource extraction across various geological settings. This technology not only reduces costs but also minimizes the negative impacts typically associated with hydraulic fracturing, positioning Eden as a leader in environmentally responsible resource recovery.
Eden is focused on developing a sustainable platform for natural resource recovery, aiming to create a carbon-neutral future. The company has introduced a novel method known as Pulsed Electrical Well Stimulation (PEWS), which is a patent-pending technology designed to replace traditional hydraulic fracturing. This innovative approach eliminates the need for water injection and addresses the logistical challenges and environmental risks associated with conventional fracking methods. By utilizing high-voltage electricity and proprietary modeling techniques, Eden enhances rock permeability with precision, facilitating effective resource extraction across various geological settings. This technology not only reduces costs but also minimizes the negative impacts typically associated with hydraulic fracturing, positioning Eden as a leader in environmentally responsible resource recovery.
Dynamo Micropower
Grant in 2018
Dynamo Micropower Corporation is a technology company focused on developing innovative fuel-flexible gas turbines tailored for small distributed generation in the oil and gas industry. Founded in 2011 and headquartered in Somerville, Massachusetts, the company offers advanced power solutions, including its PowerCore system, which provides reliable, grid-quality power while operating on local unrefined gas. This capability allows customers to significantly reduce energy costs, with savings of up to 80%, and enhances equipment performance by up to 25%. Dynamo also provides custom solutions and a flameless turboheater known as Infernocore, addressing the specific needs of oilfield applications. The company distributes its products through a network of distributors and offers support services via service partners, having established a solid customer base that includes notable clients such as Kinder Morgan and Caterpillar.
Massachusetts Materials Technologies
Grant in 2017
Massachusetts Materials Technologies, an MIT spin-off established in 2014 and based in Waltham, Massachusetts, focuses on transforming innovative concepts into commercially viable products in the realms of materials, mechanics, and manufacturing. The company specializes in nondestructive technology for assessing the strength and toughness of materials, particularly for the oil and gas sector. Its advanced instrumentation allows for accurate measurement of the mechanical properties of pipelines without interrupting service or requiring the removal of pipe segments. This capability provides industries with essential insights into the structural integrity of natural gas pipelines, enhancing safety and operational reliability.
Kuva Systems
Grant in 2015
Kuva Systems develops an industrial IoT solution that continuously monitors and quantifies methane and VOC emissions with an infrared imaging system. The technology automatically detects leaks, measures emission levels, and provides operators with annotated video clips, while visualizing events in day or day-night modes and transmitting quantified visuals to the cloud in real time, enabling oil and gas operators to monitor assets more cost-effectively. Founded in 2015 and headquartered in Cambridge, Massachusetts, Kuva Systems focuses on enabling safer, more efficient emissions surveillance for industrial facilities.
Dynamo Micropower
Grant in 2015
Dynamo Micropower Corporation is a technology company focused on developing innovative fuel-flexible gas turbines tailored for small distributed generation in the oil and gas industry. Founded in 2011 and headquartered in Somerville, Massachusetts, the company offers advanced power solutions, including its PowerCore system, which provides reliable, grid-quality power while operating on local unrefined gas. This capability allows customers to significantly reduce energy costs, with savings of up to 80%, and enhances equipment performance by up to 25%. Dynamo also provides custom solutions and a flameless turboheater known as Infernocore, addressing the specific needs of oilfield applications. The company distributes its products through a network of distributors and offers support services via service partners, having established a solid customer base that includes notable clients such as Kinder Morgan and Caterpillar.
Fiberspar
Venture Round in 2010
Fiberspar is a leading manufacturer of high-strength, fiber-reinforced tubular products specifically designed for the oil and gas industry. The company is recognized for its innovative spoolable LinePipe products, which have become the preferred choice among industry producers due to their significant cost and performance advantages over traditional steel and stick fiberglass alternatives. In addition to LinePipe, Fiberspar also offers SmartPipe, a specialized product that facilitates the transmission of real-time data during drilling and well intervention operations, as well as permanently installed production tubing. The company further provides connectors, enhancing the versatility and efficiency of its product offerings in various applications within the sector.
Fotech Solutions
Series A in 2008
Fotech Solutions develops advanced distributed acoustic sensing solutions primarily for the oil and gas, pipeline, and security industries. Based in Church Crookham, United Kingdom, with additional offices in Calgary, Canada, and Houston, Texas, the company offers technologies such as distributed acoustic sensors that provide real-time intelligence to operators. Their LivePIPE system enhances monitoring capabilities using this sensor technology. Fotech Solutions also provides asset surveillance and monitoring solutions, along with interpretive tools that allow engineers to visualize and record activities in real-time. The company operates through a network of international partnerships and was founded in 2006 under the leadership of Chief Executive Douglas Gibson.