ANYbotics AG, founded in 2016 and based in Zurich, Switzerland, develops advanced four-legged robots designed for various industrial applications. These autonomous mobile robots are engineered to enhance safety and productivity by navigating complex environments and performing routine inspections. Equipped with a suite of advanced sensors including visual zoom cameras, lidar scanners, and thermal cameras, ANYbotics' robots can monitor assets, detect gas presence, and create 3D models. Their robust design allows for operation in challenging terrains, making them suitable for sectors such as power, chemicals, construction, mining, and oil and gas. By automating inspection tasks and providing real-time data, ANYbotics aims to improve operational efficiency and support critical functions such as search and rescue.
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 is a Shanghai-based company that specializes in the development, engineering, manufacturing, and marketing of industrial robots. Founded in 2014, the company offers a range of products including the JAKA ZuTM robot, which features a wireless control system compatible with mobile applications, and JAKA MES, a system designed for information integration across various factory departments. Additionally, Jaka Robot produces conveyor systems, palletizing robot systems, and liner molding machines. The company's offerings cater to multiple industries, including food and beverage, chemical, packaging, electronics, and mechanical processing.
Xage Security, Inc. is a technology company that specializes in providing a blockchain-protected security platform specifically designed for industrial Internet of Things (IoT) applications. Founded in 2016 and based in Palo Alto, California, the company offers a range of products including the Xage Gateway, which connects to various IIoT edge devices, and the Xage Broker, which synchronizes credentials and policies between edge devices and central systems. Additional offerings include the Xage Client Agent for direct participation in the blockchain, the Xage Security Cloud for management and monitoring, and various management tools. Xage Security focuses on solutions such as tamper-proofing, edge authentication, role-based access control, and device lifecycle management. Its services cater to multiple industries, including energy, transportation, utilities, manufacturing, healthcare, and logistics, aiming to enhance data security and access control while mitigating advanced threats and ensuring a zero-trust security model.
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 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 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 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 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 Inc. specializes in the development of metal-hydrogen energy storage batteries, aimed at large-scale renewable energy and storage applications. Founded in 2020 and based in Fremont, California, the company focuses on creating simple, safe, and cost-effective energy storage solutions to support the clean energy transition. Its innovative technology features Energy Storage Vessels that emphasize durability and flexibility while utilizing low-cost materials. This approach provides a zero-maintenance alternative to traditional lithium-ion batteries, making it particularly appealing for various sectors, including aerospace.
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 Ltd. is a manufacturer based in Dublin, Ireland, specializing in advanced heat transfer fluid technology. The company has developed Maxwell 2020, a sub-micron fluid designed to improve energy efficiency across various applications, including commercial heating and cooling systems, industrial processes, and power generation. This product serves as a drop-in additive for both new and existing systems, enhancing heat transfer capabilities and leading to significant reductions in energy consumption and carbon emissions. By targeting sectors such as HVAC, chemical processing, food production, and pharmaceuticals, HT Materials Science aims to provide clients with lower energy costs and improved equipment performance. Founded in 2018, the company continues to focus on innovative solutions that promote sustainability in energy use.
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, Inc. is a cybersecurity company that provides a live remote testing platform designed to help organizations assess the effectiveness of their security measures against various cyber threats. Founded in 2013 and headquartered in San Diego, California, with additional offices in Australia, AttackIQ's platform integrates seamlessly into existing networks, offering visibility into security programs to identify coverage gaps, misconfigurations, and prioritize remediation efforts. The platform supports the MITRE ATT&CK Matrix, allowing users to validate security controls and enhance their defenses based on a comprehensive understanding of adversary tactics and techniques. Additionally, the "FireDrill" feature enables security teams to conduct exercises that maximize their capabilities and efficiency, ultimately improving their overall security posture.
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 Inc. is a manufacturer of industrial-grade 3D printers based in Ventura, California, founded in 2016. The company specializes in ultrafast stereolithography printers that utilize proprietary Lubricant Sublayer Photo-curing (LSPc) technology and a patented structured light matrix. This advanced technology enables the printers to achieve speeds of up to 1 cm per minute, significantly reducing the time required to produce precision functional parts from hours to mere minutes. Nexa3D serves a diverse clientele, including engineers, designers, and manufacturers, aiming to make high-quality 3D printing more accessible and efficient for professionals and businesses of all sizes.
Seeq Corporation specializes in analytics software designed for processing industrial manufacturing data. The company's flagship application, Seeq, enables users to analyze time-series data, search and cleanse data, model information, identify patterns, and monitor assets while facilitating real-time collaboration. Seeq integrates data from various historians, such as OSIsoft PI, Honeywell PHD, and GE Proficy, as well as relational databases like SQL Server, Oracle, and MySQL. The platform serves a wide range of industries, including food and beverage, oil and gas, pharmaceuticals, and utilities, helping organizations derive actionable insights from their process data. Founded in 2013 and based in Seattle, Washington, Seeq aims to enhance business decision-making and operational performance through improved data analysis and collaboration.
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 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 is a cybersecurity company focused on safeguarding critical infrastructure within the industrial sector. Headquartered in the Washington, DC area, with additional offices in Houston and Australia, Dragos provides an integrated software platform that enhances visibility into industrial control systems (ICS) and operational technology (OT) networks. This platform enables organizations to identify and mitigate threats before they escalate into significant incidents. Dragos serves a diverse range of industries, including power and water utilities, energy, and manufacturing, and its solutions are specifically designed to address the challenges posed by emerging applications like the Industrial Internet of Things (IIoT). By codifying the expertise of its cybersecurity professionals, Dragos aims to establish a resilient security posture for its clients, ultimately contributing to the protection of civilization.
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 Corporation specializes in analytics software designed for processing industrial manufacturing data. The company's flagship application, Seeq, enables users to analyze time-series data, search and cleanse data, model information, identify patterns, and monitor assets while facilitating real-time collaboration. Seeq integrates data from various historians, such as OSIsoft PI, Honeywell PHD, and GE Proficy, as well as relational databases like SQL Server, Oracle, and MySQL. The platform serves a wide range of industries, including food and beverage, oil and gas, pharmaceuticals, and utilities, helping organizations derive actionable insights from their process data. Founded in 2013 and based in Seattle, Washington, Seeq aims to enhance business decision-making and operational performance through improved data analysis and collaboration.
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 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 Inc. is a manufacturer of industrial-grade 3D printers based in Ventura, California, founded in 2016. The company specializes in ultrafast stereolithography printers that utilize proprietary Lubricant Sublayer Photo-curing (LSPc) technology and a patented structured light matrix. This advanced technology enables the printers to achieve speeds of up to 1 cm per minute, significantly reducing the time required to produce precision functional parts from hours to mere minutes. Nexa3D serves a diverse clientele, including engineers, designers, and manufacturers, aiming to make high-quality 3D printing more accessible and efficient for professionals and businesses of all sizes.
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.
Seeq Corporation specializes in analytics software designed for processing industrial manufacturing data. The company's flagship application, Seeq, enables users to analyze time-series data, search and cleanse data, model information, identify patterns, and monitor assets while facilitating real-time collaboration. Seeq integrates data from various historians, such as OSIsoft PI, Honeywell PHD, and GE Proficy, as well as relational databases like SQL Server, Oracle, and MySQL. The platform serves a wide range of industries, including food and beverage, oil and gas, pharmaceuticals, and utilities, helping organizations derive actionable insights from their process data. Founded in 2013 and based in Seattle, Washington, Seeq aims to enhance business decision-making and operational performance through improved data analysis and collaboration.
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 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 Inc. is a Boston-based company that develops and sells advanced measurement devices for chemical and biochemical analysis, utilizing mass spectrometry technology. The company's product lineup includes handheld and desktop devices designed for immediate, on-site analysis across various fields such as life sciences, bioprocessing, industrial biotechnology, and forensics. Notable products include the MX908, a portable mass spectrometry device for rapid analysis of unknown substances, the Rebel desktop analyzer for real-time monitoring of bioprocess environments, and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. Established in 2012, 908 Devices aims to make mass spectrometry accessible beyond traditional laboratories, providing reliable tools for professionals needing quick and actionable insights. The company operates mainly in the United States while also serving markets in Europe, Asia, and beyond.
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 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, Inc. is a technology company that specializes in providing a blockchain-protected security platform specifically designed for industrial Internet of Things (IoT) applications. Founded in 2016 and based in Palo Alto, California, the company offers a range of products including the Xage Gateway, which connects to various IIoT edge devices, and the Xage Broker, which synchronizes credentials and policies between edge devices and central systems. Additional offerings include the Xage Client Agent for direct participation in the blockchain, the Xage Security Cloud for management and monitoring, and various management tools. Xage Security focuses on solutions such as tamper-proofing, edge authentication, role-based access control, and device lifecycle management. Its services cater to multiple industries, including energy, transportation, utilities, manufacturing, healthcare, and logistics, aiming to enhance data security and access control while mitigating advanced threats and ensuring a zero-trust security model.
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 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 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 design engineers, sells and services.
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.
Private Equity Round in 2018
Gryphon Oilfield Solutions, LLC is a manufacturer of tools and equipment designed for the oil and gas field services sector. Established in 2016 and headquartered in Houston, Texas, the company specializes in a range of products including frac sleeves, toe initiation tools, coiled tubing solutions, zonal isolation equipment, liner packers, and casing equipment. Gryphon aims to address the critical challenges of wellbore management by providing innovative completions and casing solutions that enhance operational efficiency and optimize hydrocarbon recovery. The company also operates additional offices in Calgary, Canada, and has expanded its presence with sales and service centers in various locations including Oklahoma, South Texas, East Texas, Midland, Canada, and the U.K. Gryphon is supported by CSL Capital Management, a private equity firm with interests in the energy sector.
Maana, Inc. specializes in developing industrial data analytics and digital knowledge technology software solutions. The company offers the Maana Knowledge Platform, which facilitates operational problem-solving, and the patented Knowledge Graph, designed to extract and contextualize knowledge from various data sources. This technology is particularly beneficial for industries such as oil and gas, field services, maintenance, sales, logistics, finance, and compliance, enabling companies to optimize their processes and enhance profitability. Notable clients, including GE, Chevron, and Shell, leverage Maana's solutions to operationalize insights and improve decision-making for their workforces. Founded in 2012 and headquartered in Palo Alto, California, Maana also maintains offices in Bellevue, Washington; Houston, Texas; London, United Kingdom; and Dhahran, Saudi Arabia. The company is privately held and supported by investors such as Chevron Technology Ventures and Intel Capital.
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 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 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 Inc. is a Boston-based company that develops and sells advanced measurement devices for chemical and biochemical analysis, utilizing mass spectrometry technology. The company's product lineup includes handheld and desktop devices designed for immediate, on-site analysis across various fields such as life sciences, bioprocessing, industrial biotechnology, and forensics. Notable products include the MX908, a portable mass spectrometry device for rapid analysis of unknown substances, the Rebel desktop analyzer for real-time monitoring of bioprocess environments, and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. Established in 2012, 908 Devices aims to make mass spectrometry accessible beyond traditional laboratories, providing reliable tools for professionals needing quick and actionable insights. The company operates mainly in the United States while also serving markets in Europe, Asia, and beyond.
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 Holding AS, headquartered in Stavanger, Norway, provides specialized services in petroleum geomechanics and safe injection for the oil and gas industry on a global scale. Founded in 2005, the company focuses on well and reservoir problem-solving, addressing issues such as casing collapse, compaction, subsidence, and wellbore stability. Geomec also offers economic and environmental optimization for injection wells, alongside technical publications and educational resources. Their Geomec GeoTool Inject is a monitoring and analysis software that supports subsurface injection operations, including disposal and pressure-support activities. Additionally, the Geomec Injection Center provides technical assistance in field and well planning, operational management, and auditing services, enhancing visibility and control for injection wells while ensuring optimized production, safety, and cost efficiency for oil and gas operators.
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, 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 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, Inc. specializes in developing industrial data analytics and digital knowledge technology software solutions. The company offers the Maana Knowledge Platform, which facilitates operational problem-solving, and the patented Knowledge Graph, designed to extract and contextualize knowledge from various data sources. This technology is particularly beneficial for industries such as oil and gas, field services, maintenance, sales, logistics, finance, and compliance, enabling companies to optimize their processes and enhance profitability. Notable clients, including GE, Chevron, and Shell, leverage Maana's solutions to operationalize insights and improve decision-making for their workforces. Founded in 2012 and headquartered in Palo Alto, California, Maana also maintains offices in Bellevue, Washington; Houston, Texas; London, United Kingdom; and Dhahran, Saudi Arabia. The company is privately held and supported by investors such as Chevron Technology Ventures and Intel Capital.
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 Inc. is a Boston-based company that develops and sells advanced measurement devices for chemical and biochemical analysis, utilizing mass spectrometry technology. The company's product lineup includes handheld and desktop devices designed for immediate, on-site analysis across various fields such as life sciences, bioprocessing, industrial biotechnology, and forensics. Notable products include the MX908, a portable mass spectrometry device for rapid analysis of unknown substances, the Rebel desktop analyzer for real-time monitoring of bioprocess environments, and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. Established in 2012, 908 Devices aims to make mass spectrometry accessible beyond traditional laboratories, providing reliable tools for professionals needing quick and actionable insights. The company operates mainly in the United States while also serving markets in Europe, Asia, and beyond.
ConXtech, Inc. is a construction technology company that specializes in developing a modular building system known as ConX, which utilizes a structural steel chassis. The system is designed for high-density residential, commercial, healthcare, institutional, and industrial applications. ConXtech provides a range of manufactured connectors and building components that facilitate the mass-customization of structural frames, allowing for the efficient integration of additional factory-manufactured modules. This approach enables construction developers to achieve faster project delivery and reduced costs while promoting sustainability. Founded in 2004 and headquartered in Pleasanton, California, ConXtech also operates manufacturing facilities in Hayward, California, and serves various markets, including industrial, energy, and military sectors. The company aims to revolutionize construction practices by enhancing quality, precision, and safety in the industry.
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 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 is a materials company focused on developing high-performance, eco-friendly plastics, polymers, and chemicals. Established in 2004 and based in Waltham, Massachusetts, the company leverages proprietary catalytic technology to convert carbon dioxide and other renewable materials into cost-effective industrial products. This innovative approach combines traditional chemical feedstocks with carbon, enabling the sustainable synthesis of a range of chemicals and materials. Novomer’s technology not only offers competitive pricing but also contributes to environmental sustainability by addressing global warming and climate change challenges through the use of carbon in industrial applications.
Utilidata, Inc. is an energy software company that specializes in energy grid optimization solutions. Based in Providence, Rhode Island, Utilidata develops a software platform that harnesses real-time distributed intelligence to enhance operational performance within smart meters and other grid edge devices. The platform continuously analyzes real-time grid conditions, facilitates the integration of renewable energy sources, and identifies anomalies in the grid. Its applications include voltage optimization for utilities, conservation voltage reduction, and grid monitoring and security. Founded in 1983 and originally known as Programmable Control Services Inc., Utilidata rebranded in February 2012 to reflect its focus on advanced energy solutions. The company is recognized for its patented technology, which enables actionable insights to promote energy savings, support distributed energy resources, and enhance grid reliability.
Private Equity Round in 2013
InflowControl AS specializes in developing inflow control technology aimed at enhancing recovery and production from oil and gas reservoirs. Established in May 2011 and headquartered in Porsgrunn, Norway, the company is founded and managed by individuals with over 15 years of experience in passive and autonomous inflow control devices. InflowControl’s innovations focus on creating devices that improve recovery factors, decrease water cut and gas-oil ratios, and enhance drainage efficiency in both offshore and onshore wells. The company employs a quality management system compliant with ISO standards and holds Achilles certification as a supplier for the oil industry in Norway and Denmark. With a strong emphasis on innovation, the team is involved in all aspects of inflow control device development, from design to production, enabling industrial companies to maximize oil and gas recovery.
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 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, 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 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.