Aramco

Aramco, officially known as Saudi Aramco, is the national oil company of the Kingdom of Saudi Arabia, responsible for the exploration, production, and distribution of oil and gas resources. The company operates globally, with a significant focus on enhancing energy production and operational efficiency. It has a corporate venture capital arm, Saudi Aramco Energy Ventures, which invests in start-ups and high-growth companies that develop technologies aligned with Aramco's strategic goals. These investments aim to improve reserve management, downstream processes, and sustainability efforts. Aramco also provides extensive support services through its subsidiaries, which include procurement, logistics, engineering, finance, and human resources, operating from various international locations. The company plays a critical role in the global energy market, ensuring a reliable supply of energy while pursuing innovative solutions to optimize resource management.

Frank Andrasco

Investor

Michael Hill

Investment Director

Hans Middelthon

Managing Director of SAEV Europe Venture Capital

Caroline Slind Svae

Investment Director

63 past transactions

ANYbotics

Series B in 2023
ANYbotics is a manufacturer of four-legged robots intended for a variety of industrial uses. The company enhances safety and productivity in industrial operations through autonomous mobile robots capable of navigating complex environments. It provides solutions for robot applications with the most advanced mobility and autonomy requirements in challenging terrain. ANYbotics was founded in 2016 and is headquartered in Zürich, Switzerland.

Data Gumbo

Series C in 2022
Data Gumbo Corporation provides a blockchain-based smart contract service. It offers Data Gumbo, a Blockchain-as-a-Service platform that collects the required data, standardizes it for use by the smart contract algorithms, and executes the smart contract on a configurable schedule. The company’s solutions also include Smart Contracts that automates performance-based contracts; creates the commercial Internet; and connect companies with smart contracts. It serves oil and gas industry supply chain clients. Data Gumbo Corporation was founded in 2016 and is based in Houston, Texas with an additional office in Stavanger, Norway.

Jaka Robot

Series D in 2022
Jaka Robot develops, engineers, manufactures, and markets industrial robots. Its products include JAKA ZuTM robot, which is a wireless control system that collaborates with mobile applications; JAKA MES, which helps in information integration across various departments in a factory; conveyor systems; palletizing robot systems; and liner molding machines. The company caters to food and beverage, chemical, packaging, electronics, and mechanical processing industries. The company was founded in 2014 and is based in Shanghai, China.

Xage Security

Series B in 2022
Xage Security is an information technology company that offers blockchain-protected security platform for Industrial IoT.

Amogy

Corporate Round in 2022
Amogy is a start-up, located in Brooklyn, New York and is working on a novel carbon-free energy storage system using ammonia as a fuel.

Carbon Clean

Series C in 2022
Carbon Clean Solutions Pvt. Ltd. specializes in carbon dioxide (CO2) separation technology aimed at reducing emissions from industrial applications, particularly in sectors such as power generation, steel, cement, and chemicals. Founded in 2009 and based in Mumbai, India, the company has research and operational facilities in the United Kingdom and the United States. Its proprietary technologies include CDRMax, which recovers CO2 from flue gases in the fertilizer industry, and Meth Pure, designed for biogas purification without methane loss. Additionally, CCS TGR technology targets CO2 emissions from iron production processes. The firm’s advanced, energy-efficient carbon capture systems can be integrated into new power plants or retrofitted to existing facilities, allowing for the extraction of up to 90% of CO2 from flue gases. By providing scalable and cost-effective solutions, Carbon Clean Solutions helps industries decarbonize and take advantage of the value of captured carbon.

Hydrogen Mem-Tech

Venture Round in 2022
Hydrogen Mem-Tech specializes in advanced hydrogen separation technology that incorporates carbon capture. The company develops palladium membranes that efficiently capture carbon dioxide while facilitating the production of clean hydrogen. This innovative technology is designed for a variety of applications, including refineries, bio-refineries, chemical plants, steel production, power generation, gas networks, and agriculture. By providing sustainable energy solutions with zero emissions, Hydrogen Mem-Tech aims to support industries in making a green transition while minimizing maintenance costs and environmental impact.

Daphne Technology

Series B in 2021
Daphne Technology is developing a catalyst-free, nano-technology that helps the petrochemical, power and transportation industries reduce air emissions to the levels required by international and national regulations. Daphne Technology’s patented solution can be miniaturized and is especially well-suited to meet the requirements of marine vessels. This approach reduces capital costs when compared to other technologies and can also be used without switching fuel, resulting in a substantial reduction in operating costs.

NexWafe

Series C in 2021
NexWafe GmbH, founded in 2015 and based in Freiburg im Breisgau, Germany, specializes in the manufacturing and supply of monocrystalline silicon wafers for solar cell producers. The company employs a continuous, direct gas-to-wafer manufacturing process that minimizes waste, resulting in wafers that are both more efficient and less expensive than conventional options. These high-quality wafers are fully compatible with standard cell and module fabrication, allowing solar cell manufacturers to enhance their production capabilities while significantly reducing costs. NexWafe's innovative approach contributes to the advancement of sustainable energy by facilitating the transition to more affordable green solar technology.

EnerVenue

Series A in 2021
EnerVenue Inc. develops metal-hydrogen energy storage batteries. It provides batteries for large-scale renewable and storage applications. The company was incorporated in 2020 and is based in Fremont, California.

Energy Vault

Series C in 2021
Energy Vault SA, founded in 2017 and based in Lugano, Switzerland, specializes in energy storage technology that supports renewable power generation. The company has developed a modular system that employs kinetic energy principles similar to pumped hydro storage, but instead of water, it uses custom-made cylindrical blocks crafted from low-cost materials. This innovative storage solution offers capacities ranging from 10 to 35 MWh and a power output of up to 5 MW, designed to maintain its storage capacity without degradation for over 30 years. Energy Vault's technology aims to provide reliable baseload power, making it an environmentally friendly option for energy storage and transmission.

HT Materials Science

Series A in 2021
HT Materials Science Ltd. develops Maxwell 2020, a sub-micron heat transfer fluid technology. It offers cooling, heating, energy recovery applications for commercial markets; and power generation, processing, and data centers for industrial markets. Its product operates as a drop-in additive for heating and in new or existing commercial and industrial cooling systems. Also, it enhances heat transfer, resulting in a dramatic reduction in energy consumption. The company was founded in 2018 and is based in Dublin, Ireland.

Data Gumbo

Series B in 2021
Data Gumbo Corporation provides a blockchain-based smart contract service. It offers Data Gumbo, a Blockchain-as-a-Service platform that collects the required data, standardizes it for use by the smart contract algorithms, and executes the smart contract on a configurable schedule. The company’s solutions also include Smart Contracts that automates performance-based contracts; creates the commercial Internet; and connect companies with smart contracts. It serves oil and gas industry supply chain clients. Data Gumbo Corporation was founded in 2016 and is based in Houston, Texas with an additional office in Stavanger, Norway.

AttackIQ

Series C in 2021
AttackIQ, Inc., a cybersecurity company, provides a live remote testing platform that offers the data to protect, detect, and respond to cyber security threats worldwide. It offers AttackIQ, a platform that help organizations to test their security controls against adversary techniques, tactics, and procedures. The company’s platform also integrates into existing networks, delivering visibility into the security program to uncover gaps in coverage, identify misconfigurations, and quickly prioritize remediation efforts; and enables users to identify how individual assets in the security program respond to specific attacks. The company was founded in 2013 and is based in San Diego, California with regional offices in Sydney and Melbourne, Australia.

Energy Vault

Venture Round in 2021
Energy Vault SA, founded in 2017 and based in Lugano, Switzerland, specializes in energy storage technology that supports renewable power generation. The company has developed a modular system that employs kinetic energy principles similar to pumped hydro storage, but instead of water, it uses custom-made cylindrical blocks crafted from low-cost materials. This innovative storage solution offers capacities ranging from 10 to 35 MWh and a power output of up to 5 MW, designed to maintain its storage capacity without degradation for over 30 years. Energy Vault's technology aims to provide reliable baseload power, making it an environmentally friendly option for energy storage and transmission.

NEXA3D

Venture Round in 2021
Nexa3D Inc. is a manufacturer of 3D printers, specializing in ultrafast industrial-grade solutions. Founded in 2016 and based in Ventura, California, the company utilizes proprietary Lubricant Sublayer Photo-curing (LSPc) technology and a patented structured light matrix to enhance printing efficiency. Its flagship product, the NXV printer, employs a unique self-lubricating mechanism that allows for the rapid hardening of photo-curing resin. This innovation enables printing speeds of up to 1 centimeter per minute, significantly reducing the production time of precision functional parts from hours to minutes. Nexa3D serves a diverse clientele, including engineers, designers, and manufacturers, making advanced 3D printing technology accessible to professionals and businesses of all sizes.

Seeq

Series C in 2021
Seeq is founded on the premise that companies need better solutions for quickly and easily deriving business insight from their industrial process data. It aims to provide software and services that convert industrial process data into information, enable discovery, increase collaboration, and ultimately drive better business decisions that lead to seamless execution, increased earnings, and continuous improvement. Seeq is an official partner of OSIsoft and recently sponsored its European and US user conferences, as well as US regional seminars. Seeq is also a sponsor of recent Emerson Exchange user conferences. Founded in 2013, the company is headquartered in Seattle, Washington, United States.

CorrosionRADAR

Series A in 2021
CorrosionRADAR is on a mission to support the Industry 4.0 by enabling predictive corrosion management. By using cutting edge technologies from its patent pending distributed sensing technology to Industrial Internet of Things (IIOT) and advanced analytics, the CorrosionRADAR team is creating a game-changing solution for tackling corrosion management.

NexWafe

Series B in 2021
NexWafe GmbH, founded in 2015 and based in Freiburg im Breisgau, Germany, specializes in the manufacturing and supply of monocrystalline silicon wafers for solar cell producers. The company employs a continuous, direct gas-to-wafer manufacturing process that minimizes waste, resulting in wafers that are both more efficient and less expensive than conventional options. These high-quality wafers are fully compatible with standard cell and module fabrication, allowing solar cell manufacturers to enhance their production capabilities while significantly reducing costs. NexWafe's innovative approach contributes to the advancement of sustainable energy by facilitating the transition to more affordable green solar technology.

Dragos

Series C in 2020
Dragos is a cybersecurity company focused on protecting critical infrastructure across various industries, including power, water utilities, energy, and manufacturing. The company develops an integrated software platform that offers essential visibility into industrial control systems (ICS) and operational technology (OT) networks, enabling organizations to identify and address potential threats before they escalate. Dragos also adapts its solutions for emerging applications, such as the Industrial Internet of Things (IIoT). Headquartered in the Washington, DC area, Dragos has a global presence with regional offices in Canada, Australia, New Zealand, Europe, and the Middle East. The company is committed to safeguarding civilization through its expertise in industrial cybersecurity.

Data Gumbo

Series B in 2020
Data Gumbo Corporation provides a blockchain-based smart contract service. It offers Data Gumbo, a Blockchain-as-a-Service platform that collects the required data, standardizes it for use by the smart contract algorithms, and executes the smart contract on a configurable schedule. The company’s solutions also include Smart Contracts that automates performance-based contracts; creates the commercial Internet; and connect companies with smart contracts. It serves oil and gas industry supply chain clients. Data Gumbo Corporation was founded in 2016 and is based in Houston, Texas with an additional office in Stavanger, Norway.

Seeq

Series B in 2020
Seeq is founded on the premise that companies need better solutions for quickly and easily deriving business insight from their industrial process data. It aims to provide software and services that convert industrial process data into information, enable discovery, increase collaboration, and ultimately drive better business decisions that lead to seamless execution, increased earnings, and continuous improvement. Seeq is an official partner of OSIsoft and recently sponsored its European and US user conferences, as well as US regional seminars. Seeq is also a sponsor of recent Emerson Exchange user conferences. Founded in 2013, the company is headquartered in Seattle, Washington, United States.

Parsable

Series D in 2020
Parsable empowers industrial workers with modern digital tools to improve productivity, quality and safety. The Parsable Connected Worker Platform transforms static, paper-based procedures into mobile and interactive work instructions, enabling workers to leverage multimedia formats and collaborate in real time. With Parsable, companies gain unprecedented insight into human work by capturing essential data to improve their operations at scale. A partner of the World Economic Forum, Parsable is trusted by top global companies in the manufacturing and energy industries including consumer packaged goods, resources and chemicals, packaging and building materials, and automotive and aerospace.

FogHorn

Series C in 2020
FogHorn is a developer of “edge intelligence” software for industrial and commercial IoT application solutions. FogHorn’s software platform brings the power of advanced analytics and machine learning to the on-premises edge environment enabling a new class of applications for advanced monitoring and diagnostics, machine performance optimization, proactive maintenance and operational intelligence use cases. FogHorn’s technology is ideally suited for OEMs, systems integrators and end customers in manufacturing, power and water, oil and gas, renewable energy, mining, transportation, healthcare, retail, as well as smart grid, smart city, smart building and connected vehicle applications.

NEXA3D

Series B in 2020
Nexa3D Inc. is a manufacturer of 3D printers, specializing in ultrafast industrial-grade solutions. Founded in 2016 and based in Ventura, California, the company utilizes proprietary Lubricant Sublayer Photo-curing (LSPc) technology and a patented structured light matrix to enhance printing efficiency. Its flagship product, the NXV printer, employs a unique self-lubricating mechanism that allows for the rapid hardening of photo-curing resin. This innovation enables printing speeds of up to 1 centimeter per minute, significantly reducing the production time of precision functional parts from hours to minutes. Nexa3D serves a diverse clientele, including engineers, designers, and manufacturers, making advanced 3D printing technology accessible to professionals and businesses of all sizes.

VAKT Global Limited

Venture Round in 2020
VAKT platform is a digital ecosystem for physical post-trade processing. Leveraging blockchain technologies, it is a single source of the truth for the trade lifecycle. It will eliminate reconciliation and paper-based processes, enhance efficiency and create new trade finance opportunities. ​Unlike other solutions focused on a narrow piece of the deal lifecycle, VAKT aims to transform the full trade lifecycle. VAKT is driven by nine leading energy companies and banks who have committed to embracing blockchain technology, working together to develop an industry-wide solution to age-old problems we all experience every day.

Seeq

Series B in 2019
Seeq is founded on the premise that companies need better solutions for quickly and easily deriving business insight from their industrial process data. It aims to provide software and services that convert industrial process data into information, enable discovery, increase collaboration, and ultimately drive better business decisions that lead to seamless execution, increased earnings, and continuous improvement. Seeq is an official partner of OSIsoft and recently sponsored its European and US user conferences, as well as US regional seminars. Seeq is also a sponsor of recent Emerson Exchange user conferences. Founded in 2013, the company is headquartered in Seattle, Washington, United States.

Typhon Treatment Systems

Venture Round in 2019
Typhon Treatment Systems Ltd. is a UK-based manufacturer of water treatment equipment, founded in 2014 and headquartered in Penrith, United Kingdom. The company specializes in developing ultraviolet (UV) light emitting diode (LED) technology for water disinfection, focusing on both utility-scale applications and smaller residential systems. Typhon's innovative designs enhance the efficiency and effectiveness of water treatment processes, allowing for the safe and affordable disinfection of large volumes of water without the use of mercury. The company's patent-pending technology is engineered to deliver a superior UV dose, leveraging the rapid advancements in UV LED output power. As the effectiveness of UV LEDs continues to improve, Typhon aims to further refine its water treatment solutions to meet diverse client needs.

Data Gumbo

Series A in 2019
Data Gumbo Corporation provides a blockchain-based smart contract service. It offers Data Gumbo, a Blockchain-as-a-Service platform that collects the required data, standardizes it for use by the smart contract algorithms, and executes the smart contract on a configurable schedule. The company’s solutions also include Smart Contracts that automates performance-based contracts; creates the commercial Internet; and connect companies with smart contracts. It serves oil and gas industry supply chain clients. Data Gumbo Corporation was founded in 2016 and is based in Houston, Texas with an additional office in Stavanger, Norway.

908 Devices

Series E in 2019
908 Devices Inc. develops and sells measurement devices for chemical and biochemical analysis globally, including the United States, China, Japan, and Europe. Founded in 2012 and headquartered in Boston, Massachusetts, the company utilizes mass spectrometry technology to create handheld and desktop devices suitable for various applications in life sciences research, bioprocessing, industrial biotech, and forensics. Notable products include the MX908, a portable, battery-operated mass spectrometry device designed for the rapid analysis of unknown materials in various states; the Rebel, a desktop analyzer that provides real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to make the capabilities of mass spectrometry accessible beyond traditional laboratories, offering rugged and reliable tools for immediate field use.

Earth Science Analytics

Series A in 2019
Earth Science Analytics AS, established in 2012 and headquartered in Stavanger, Norway, specializes in developing cloud-based software solutions for the petroleum geosciences market. The company's primary product, EarthNET, is a web-based and geospatial-oriented software as a service (SaaS) platform that utilizes artificial intelligence to analyze data and predict subsurface rock and fluid properties. Additionally, Earth Science Analytics offers EarthBANK, a geo-data platform for effective data management; EarthGRAPH, a tool for data visualization; and EarthINSIGHT, a decision support tool. The company focuses on enhancing exploration success in challenging geological environments by delivering data-driven predictions that improve efficiency, precision, and cost-effectiveness for clients in the oil and gas exploration and production sector.

Daphne Technology

Series A in 2019
Daphne Technology is developing a catalyst-free, nano-technology that helps the petrochemical, power and transportation industries reduce air emissions to the levels required by international and national regulations. Daphne Technology’s patented solution can be miniaturized and is especially well-suited to meet the requirements of marine vessels. This approach reduces capital costs when compared to other technologies and can also be used without switching fuel, resulting in a substantial reduction in operating costs.

Xage Security

Series A in 2018
Xage Security is an information technology company that offers blockchain-protected security platform for Industrial IoT.

Clarke Valve

Series B in 2018
Clarke Valve is a developer of energy-saving shutter valves designed to work in a variety of industrial and aerospace applications. The company's technology can be easily scaled or customized to meet many challenging requirements and is currently deployed in a diverse spectrum of markets, including oil and gas, aerospace, chemical, power plants, and water management. Its valves offer a combination of zero pressure drop, zero flow restriction, full pluggability, precise flow control, negligible turbulence, low cavitation, low water hammer, low noise, ultra-thin footprint, low power consumption, plug and play adaptability and long-term reliability, that enable power plants, oil and gas facilities, and chemical plants to efficiently use these valves in various challenging applications. Clarke Valve was established in 2011 and is headquartered in North Kingstown, Rhode Island.

Well-SENSE

Corporate Round in 2018
Well-SENSE Technology Ltd. specializes in the development of disposable fiber optic systems tailored for the oil and gas industry. Founded in 2015 and based in Aberdeen, United Kingdom, the company offers FiberLine Intervention (FLI) technology, which provides real-time distributed measurements of temperature, pressure, and acoustic data along the length of oil wells. This technology supports various applications, including cement cure qualification, gas lift optimization, and leak detection, enabling clients to effectively monitor and enhance field performance. By delivering high-definition data in real-time, Well-SENSE's systems help extend the operational life of oil fields, maximize productivity, and improve industry practices.

Parsable

Series C in 2018
Parsable empowers industrial workers with modern digital tools to improve productivity, quality and safety. The Parsable Connected Worker Platform transforms static, paper-based procedures into mobile and interactive work instructions, enabling workers to leverage multimedia formats and collaborate in real time. With Parsable, companies gain unprecedented insight into human work by capturing essential data to improve their operations at scale. A partner of the World Economic Forum, Parsable is trusted by top global companies in the manufacturing and energy industries including consumer packaged goods, resources and chemicals, packaging and building materials, and automotive and aerospace.

Veretek

Venture Round in 2018
Veretek design engineers, sells and services.

Clarke Valve

Series B in 2018
Clarke Valve is a developer of energy-saving shutter valves designed to work in a variety of industrial and aerospace applications. The company's technology can be easily scaled or customized to meet many challenging requirements and is currently deployed in a diverse spectrum of markets, including oil and gas, aerospace, chemical, power plants, and water management. Its valves offer a combination of zero pressure drop, zero flow restriction, full pluggability, precise flow control, negligible turbulence, low cavitation, low water hammer, low noise, ultra-thin footprint, low power consumption, plug and play adaptability and long-term reliability, that enable power plants, oil and gas facilities, and chemical plants to efficiently use these valves in various challenging applications. Clarke Valve was established in 2011 and is headquartered in North Kingstown, Rhode Island.

Gryphon Oilfield Solutions

Private Equity Round in 2018
Gryphon is an Oilfield Completion Tool and Casing Equipment solutions-based company, established in 2016. Gryphon is backed by CSL Capital Management, LLC, a private equity firm with multiple interests in energy and oilfield service companies. Headquartered in Houston, TX, Gryphon has bases established in Oklahoma, South Texas, East Texas, Midland, Canada and the U.K. Additional sales and service centers are currently being established.

Maana

Series C in 2017
MAANA, Inc. designs and develops industrial data analytics and digital knowledge technology software solutions. The company offers Maana Knowledge Platform, a knowledge-centric platform for operational problem solving; and Knowledge Graph, a platform for extracting knowledge from data and information sources for relationships within the context of an asset or process. It serves industrial field services and maintenance, sales, logistics, finance, risk and compliance sectors, and oil and gas sectors. The company was founded in 2012 and is based in Palo Alto, California. It has additional offices in Bellevue, Washington; Houston, Texas; Houston, Texas; London, United Kingdom; and Dhahran, Saudi Arabia.

NexWafe

Venture Round in 2017
NexWafe GmbH, founded in 2015 and based in Freiburg im Breisgau, Germany, specializes in the manufacturing and supply of monocrystalline silicon wafers for solar cell producers. The company employs a continuous, direct gas-to-wafer manufacturing process that minimizes waste, resulting in wafers that are both more efficient and less expensive than conventional options. These high-quality wafers are fully compatible with standard cell and module fabrication, allowing solar cell manufacturers to enhance their production capabilities while significantly reducing costs. NexWafe's innovative approach contributes to the advancement of sustainable energy by facilitating the transition to more affordable green solar technology.

FogHorn

Series B in 2017
FogHorn is a developer of “edge intelligence” software for industrial and commercial IoT application solutions. FogHorn’s software platform brings the power of advanced analytics and machine learning to the on-premises edge environment enabling a new class of applications for advanced monitoring and diagnostics, machine performance optimization, proactive maintenance and operational intelligence use cases. FogHorn’s technology is ideally suited for OEMs, systems integrators and end customers in manufacturing, power and water, oil and gas, renewable energy, mining, transportation, healthcare, retail, as well as smart grid, smart city, smart building and connected vehicle applications.

FogHorn

Series A in 2017
FogHorn is a developer of “edge intelligence” software for industrial and commercial IoT application solutions. FogHorn’s software platform brings the power of advanced analytics and machine learning to the on-premises edge environment enabling a new class of applications for advanced monitoring and diagnostics, machine performance optimization, proactive maintenance and operational intelligence use cases. FogHorn’s technology is ideally suited for OEMs, systems integrators and end customers in manufacturing, power and water, oil and gas, renewable energy, mining, transportation, healthcare, retail, as well as smart grid, smart city, smart building and connected vehicle applications.

908 Devices

Series D in 2017
908 Devices Inc. develops and sells measurement devices for chemical and biochemical analysis globally, including the United States, China, Japan, and Europe. Founded in 2012 and headquartered in Boston, Massachusetts, the company utilizes mass spectrometry technology to create handheld and desktop devices suitable for various applications in life sciences research, bioprocessing, industrial biotech, and forensics. Notable products include the MX908, a portable, battery-operated mass spectrometry device designed for the rapid analysis of unknown materials in various states; the Rebel, a desktop analyzer that provides real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to make the capabilities of mass spectrometry accessible beyond traditional laboratories, offering rugged and reliable tools for immediate field use.

Cannseal

Venture Round in 2016
CannSeal AS manufactures epoxy-based sealing solutions and downhole delivery tool for the oil and gas industry. The company was founded in 2007 and is based in Stavanger, Norway. As of November 4, 2020, CannSeal AS operates as a subsidiary of Interwell Norway AS.

Geomec

Venture Round in 2016
Geomec Holding AS, through its subsidiaries, provides specialist-services in petroleum geomechanics and safe injection to the oil and gas industry internationally. It offers studies and auditing services on well/reservoir problem-solving with emphasis on casing collapse, compaction and subsidence, mud-loss management, natural fracture characterization, sand management, and wellbore stability; and economic and environmental optimization for injection wells, as well as references, lectures, and technical publications. The company was incorporated in 2005 and is based in Stavanger, Norway.

Zahroof Valves

Series C in 2016
Zahroof Valves Inc. is a privately owned Texas Corporation, with its HQ in Houston, TX. We manufacture and sell Zahroof Performance Valves (ZPV) based on the patent-protected Modular Reed Valve (MRV) technology. ZPVs deliver major value to customers including 5-15% reduction in compressor power, improved reliability with 2x service interval, improved productivity, lowered inventory, ease of service and lowest cost of ownership.

Desktop Metal

Series B in 2016
Desktop Metal, Inc. specializes in additive manufacturing solutions tailored for engineers, designers, and manufacturers across various industries, including automotive, aerospace, healthcare, and consumer products. Founded in 2015 and headquartered in Burlington, Massachusetts, the company offers several products, such as the Production System for industrial manufacturing, the Shop System for machine and job shops, the Studio System for office environments, and Fiber, a desktop 3D printer. By focusing on the entire production process from prototyping to mass production, Desktop Metal aims to transform how metal parts are designed and manufactured. The company has secured significant equity funding from notable investors, which has helped build a team of experts in materials science, hardware and software engineering, and design.

Parsable

Series B in 2016
Parsable empowers industrial workers with modern digital tools to improve productivity, quality and safety. The Parsable Connected Worker Platform transforms static, paper-based procedures into mobile and interactive work instructions, enabling workers to leverage multimedia formats and collaborate in real time. With Parsable, companies gain unprecedented insight into human work by capturing essential data to improve their operations at scale. A partner of the World Economic Forum, Parsable is trusted by top global companies in the manufacturing and energy industries including consumer packaged goods, resources and chemicals, packaging and building materials, and automotive and aerospace.

Maana

Series B in 2016
MAANA, Inc. designs and develops industrial data analytics and digital knowledge technology software solutions. The company offers Maana Knowledge Platform, a knowledge-centric platform for operational problem solving; and Knowledge Graph, a platform for extracting knowledge from data and information sources for relationships within the context of an asset or process. It serves industrial field services and maintenance, sales, logistics, finance, risk and compliance sectors, and oil and gas sectors. The company was founded in 2012 and is based in Palo Alto, California. It has additional offices in Bellevue, Washington; Houston, Texas; Houston, Texas; London, United Kingdom; and Dhahran, Saudi Arabia.

Nanomech

Series C in 2016
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. develops and sells measurement devices for chemical and biochemical analysis globally, including the United States, China, Japan, and Europe. Founded in 2012 and headquartered in Boston, Massachusetts, the company utilizes mass spectrometry technology to create handheld and desktop devices suitable for various applications in life sciences research, bioprocessing, industrial biotech, and forensics. Notable products include the MX908, a portable, battery-operated mass spectrometry device designed for the rapid analysis of unknown materials in various states; the Rebel, a desktop analyzer that provides real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to make the capabilities of mass spectrometry accessible beyond traditional laboratories, offering rugged and reliable tools for immediate field use.

ConXtech

Series D in 2015
ConXtech is dedicated to delivering revolutionary design, manufacturing, and construction solutions in order to bring a systemic change to the core of the high-density and commecial residential housing industry. ConXtech is setting new standards for quality, precision manufacturing, field-safety, as well as fast and efficient workflow for all construction related trades.

Siluria Technologies

Series D in 2014
Siluria Technologies is a materials innovation company solving global challenges for partners in the natural gas, chemicals and fuel industries. Integrating nanotechnology, biotechnology and chemical engineering, Siluria has developed a solution to the grand challenge of efficient manufacturing: the ability to produce chemicals and fuels from a cheaper, more abundant resource than oil. The company's economically superior, energy-efficient platform converts natural gas into the same materials manufactured today using current industry infrastructure. Siluria's world-class R&D and engineering teams are rapidly commercializing the company's technology to pilot-scale production in close dialogue with the world's largest chemical and fuel companies.Siluria's backers include Alloy Ventures, ARCH Venture Partners, Kleiner Perkins Caufield & Byers, Altitude Life Science Ventures, Lux Capital, and Presidio Ventures.

Parsable

Seed Round in 2014
Parsable empowers industrial workers with modern digital tools to improve productivity, quality and safety. The Parsable Connected Worker Platform transforms static, paper-based procedures into mobile and interactive work instructions, enabling workers to leverage multimedia formats and collaborate in real time. With Parsable, companies gain unprecedented insight into human work by capturing essential data to improve their operations at scale. A partner of the World Economic Forum, Parsable is trusted by top global companies in the manufacturing and energy industries including consumer packaged goods, resources and chemicals, packaging and building materials, and automotive and aerospace.

Novomer

Venture Round in 2013
Novomer is a new materials company pioneering a family of competitively priced high-performance green plastics, polymers and other chemicals. With proprietary catalytic technology and a world-class scientific team, Novomer's groundbreaking technology allows carbon dioxide and other renewable materials to be cost-effectively transformed into polymers, plastics and other chemicals for a wide variety of industrial markets. It was founded in 2004 and headquartered in Waltham, Massachusetts.

Utilidata

Series B in 2013
Utilidata®, Inc., an energy software company backed by leading venture capital firms, is the industry leader in energy grid optimization. The company’s patented technology captures real-time signals from the electric grid and provides actionable insights to save energy, integrate distributed energy resources, and better detect grid anomalies. The company is headquartered in Providence, Rhode Island. For more information, please visit www.utilidata.com or follow @Utilidata on Twitter.

InflowControl

Private Equity Round in 2013
InflowControl AS is developing inflow control technology in order to increase recovery and production from oil and gas reservoirs. The founders have more than 15 years experience within passive and autonomous inflow control devices.InflowControl is a technology company that consists of a group of innovative people with proven experience from developing new inflow control technology. Quality in the deliveries is important for InflowControl, and hence we have a quality management system based on ISO 9001:2008. The company is Achilles certified as supplier for the Oil Industry in Norway and Denmark. InflowControl AS was founded in May 2011. The first office was opened in Porsgrunn September 2011. The company is owned by the founders, and the InflowControl management consist of the founders as well. The main focus for InflowControl AS is to increase the recovery and production from oil and gas fields by use of inflow control device (ICD). Our personnel have extensive experience and resources in all stages of inflow control device, including innovation, patenting, design, qualification and production.

Rive Technology

Series D in 2013
Rive Technology is a clean energy company focused on advancing catalyst technology for petroleum refining. The company has developed a proprietary catalyst, originally invented at MIT, that enhances the efficiency of traditional zeolite catalysts. This innovation allows for improved access to large hydrocarbon molecules, significantly increasing the yield of gasoline and diesel fuel produced from each barrel of crude oil. Rive's catalyst is designed to integrate seamlessly into existing refinery operations, enabling refiners to boost production and profitability without requiring substantial capital investment. By optimizing diffusion-limited reactions, Rive Technology aims to transform the petroleum refining process and contribute to more sustainable energy solutions.

AnTech Ltd

Venture Round in 2013
AnTech operates across two business divisions supplying Products and Services to the upstream oil and gas industry worldwide. AnTech has a strong design heritage and has focussed on developing quality products that meet the highest industry standards which include IECEx, ATEX, NACE and API 6A. AnTech prides itself on delivering solutions that are made specifically to meet the customers' requirements and offers customised and standard products across a wide range of applications. In 2012, AnTech launched its Coiled Tubing Drilling (CTD) Service Division providing cost effective directional drilling services to customers, utilising its proprietary drilling tools and systems.

Zilift Limited

Venture Round in 2013
ZiLift Limited, an oil and gas technology company, develops magnet technologies to put downhole pumps. The company provides TorqueDrive, a down-hole drive for progressing cavity pumps using permanent magnet motor and gear technologies; and SpeedDrive technology, a centrifugal pump designed for deploying on cable through the production tubing. The company was incorporated in 2009 and is based in Aberdeen, United Kingdom with a location in Bakersfield, California.

Sekal AS

Venture Round in 2013
Sekal AS is a Norwegian company specializing in software solutions designed to enhance the safety and efficiency of drilling operations in the oil and gas sector. Founded in 2011 and based in Sandnes, Sekal offers two primary products: DrillScene and DrillTronics. DrillScene provides advanced monitoring capabilities through an exception-based method that detects deteriorating hole conditions by continuously comparing model-based predictions with real-time measurements at the drilling rig. DrillTronics functions as a drilling automation system, optimizing operations by controlling critical equipment such as draw-works, top-drives, and mud pumps, thereby reducing non-productive time and responding dynamically to the well's behavior. In addition to its software offerings, Sekal AS provides drilling engineering services, further supporting its clients in improving operational outcomes. The company operates as a subsidiary of Sumitomo Corporation.