Aramco

Aramco is a global energy company that provides a wide range of services to Saudi Aramco and its affiliates to ensure energy provision worldwide. With headquarters in The Hague and satellite offices in various countries, Aramco offers purchasing, logistics, engineering, IT, finance, legal, and HR services. Additionally, Aramco Overseas Company invests in start-ups with technologies strategically important to Saudi Aramco through its corporate venture capital arm, Saudi Aramco Energy Ventures. Operating from Dhahran and regional offices in North America and Europe, SAEV focuses on enhancing reserve identification, energy production, operational efficiency, downstream processes, and optimizing energy and water consumption in Saudi Arabia. Their investment areas include upstream oil & gas, downstream & petrochemicals, sustainability, digitalization, and new drivers of hydrocarbon demand.

Frank Andrasco

Investor

88 past transactions

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.

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.

Seeq

Private Placement in 2017
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.

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.

Vere Technology LLC

Private Placement in 2018
Vere Technology LLC, doing business as Veretek, designs, engineers, manufactures, sells, and services V-pumps for the production of oil and gas. It serves customers in the United States, Canada, and Colombia. The company was incorporated in 2014 and is based in Stafford, Texas with additional locations in Midland, TX; and Minot, North Dakota.

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.

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.

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.

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.

Energy Vault

Venture Round in 2021
Energy Vault SA offers an energy storage technology utilizing fundamental principles of science to deliver a storage solution that's as compassionate to the planet as it is efficient to build and operate. The Energy Vault solution utilizes the same fundamentals of physics and kinetic energy as pumped hydro but replaces the water with custom made cylindrical blocks utilizing an extremely innovative use of low-cost materials. The system is modular and can be designed with a capacity of between 10 and 35MWh and a power output of up to 5MW. The system has been designed for a 30+ year life with no degradation in storage capacity.

NEXA3D

Venture Round in 2021
NEXA 3D is making ultrafast industrial-grade Stereolithography 3D printers affordable to professionals and businesses of all sizes. The company's printers are powered by proprietary Lubricant Sublayer Photo-curing (LSPc) Technology and patented structured light matrix capable of reaching top speed of 1 cm per minute, drastically reducing 3D printing cycles of precision functional parts from hours to minutes.

Flowcastings

Private Placement in 2018
Headquartered outside of Frankfurt, in Trebur, Germany, Flowcastings specializes in investment casting of components by utilizing new innovative ceramics and plastic materials and their shaping. They produce castings for the High Pressure Turbine (HPT) and Low Pressure Turbine (LPT) of aircraft and helicopter engines as well as for industrial gas turbines.

Earth Science Analytics

Private Placement in 2019
Earth Science Analytics (ESA) mission is to improve exploration success in challenging geological settings by providing geoscience-driven machine learning workflows and software. We aim to provide high quality data- driven predictions to clients in the E&P industry more efficiently, with greater precision and at lower cost compared to traditional methods.

Clarke Industrial Engineering, Inc.

Private Placement in 2018
Clarke Industrial Engineering, Inc. develops, manufactures, and markets shutter valves for industrial and aerospace applications. It offers tungsten-coated petals, ceramic petals, Teflon-lined valves, and optional seals for dirty service. The company serves oil and gas, power, advanced water systems, and chemical plant precision industries. The company was founded in 2011 and is based in North Kingstown, Rhode Island.Clarke Industrial Engineering Incorporated, doing business as Clarke Valve, designs, manufactures, and supplies shutter valves. It offers precision flow control, zero pressure drop, and tight shut off valves; tungsten-coated petals, ceramic petals, Teflon-lined valves, and optional seals for dirty and severe service applications. The company’s products are used in oil and gas, power, advanced water systems, and chemical plant precision applications. Clarke Industrial Engineering Incorporated was founded in 2011 and is based in North Kingstown, Rhode Island.

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 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.

Daphne Technology

Private Placement 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.

NexWafe

Series C in 2021
NexWafe will supply high quality wafers to solar cell producers .Their wafers will be fully compatible with common cell and module fabrication .They will be available at a fraction of the cost of standard wafers.

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.

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 offers an energy storage technology utilizing fundamental principles of science to deliver a storage solution that's as compassionate to the planet as it is efficient to build and operate. The Energy Vault solution utilizes the same fundamentals of physics and kinetic energy as pumped hydro but replaces the water with custom made cylindrical blocks utilizing an extremely innovative use of low-cost materials. The system is modular and can be designed with a capacity of between 10 and 35MWh and a power output of up to 5MW. The system has been designed for a 30+ year life with no degradation in storage capacity.

Carbon Clean

Series C in 2022
Carbon Clean Solutions is an innovation company specializing in carbon dioxide (CO2) recovery technology for industrial purposes. CCS APBS breakthrough technology significantly reduces the operating costs and environmental impacts, thereby, making CCS technology cost-effective. Carbon Clean Solutions provides proprietary technology to power plants and industrial utilities for removing up to 90% carbon dioxide from the flue gases. Patented carbon capture technology developed by Carbon Clean Solutions, involves capturing carbon dioxide using proprietary regenerable advanced solvent combined with improved energy integration CO2 capture process. Low cost, energy-efficient APBS CO2 capture technology can be embedded in new power-plants or retrofitted to existing ones. Carbon Clean Solutions operates multiple research teams and facilities across the globe and is commercializing its innovative energy=efficient CO2 capture with global customers.

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.

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.

Veretek

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

908 Devices

Series E in 2019
908 Devices is bringing the powerful capabilities of Mass Spectrometry out of the confines of centralized facilities and mobile laboratories. The company makes battery-operated, handheld, chemical detection tools, rugged enough to exceed military standards, and trusted enough for immediate action in the field. For biologists and chemists in need of answers, 908 Devices makes personal analyzers, small and simple enough for every workspace.

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.

Dragos

Private Placement in 2020
Dragos is an industrial cybersecurity company on a mission to safeguard civilization by protecting the world’s critical infrastructure. Dragos codifies the knowledge of our cybersecurity experts into an integrated software platform that provides customers critical visibility into ICS and OT networks so that threats are identified and can be addressed before they become significant events. Our solutions protect organizations across a range of industries, including power and water utilities, energy, and manufacturing, and are optimized for emerging applications like the Industrial Internet of Things (IIOT). Dragos is privately held and headquartered in the Washington, DC area with a regional presence around the world, including Canada, Australia, New Zealand, Europe, and the Middle East.

908 Devices

Private Placement in 2017
908 Devices is bringing the powerful capabilities of Mass Spectrometry out of the confines of centralized facilities and mobile laboratories. The company makes battery-operated, handheld, chemical detection tools, rugged enough to exceed military standards, and trusted enough for immediate action in the field. For biologists and chemists in need of answers, 908 Devices makes personal analyzers, small and simple enough for every workspace.

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.

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.

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.

Gryphon Oilfield Solutions

Private Placement 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.

Sekal AS

Venture Round in 2013
Sekal AS develops software solutions to control drilling activities. Its products include DrillScene, a software tool that monitors and trend analysis during drilling operations for oil and gas companies across the world; and DrillTronics, a software that enables drillers to optimize and enhance the safety of their drilling operations. The company also offers drilling engineering services. Sekal AS was founded in 2011 and is based in Sandnes, Norway. As of July 18, 2019, Sekal AS operates as a subsidiary of Sumitomo Corporation.

Well-SENSE

Corporate Round in 2018
Well-SENSE Technology Ltd. develops disposable fiber optic systems for oil and gas industry. Its systems are used in cement assurance, gas lift optimization, sand detection, and flow monitoring applications. It offers FiberLine Intervention (FLI) technology, which uses fiber optic technology to take distributed temperature, pressure, and acoustic measurements across the length of the well and transmits the data to the surface in real time. The company was founded in 2015 and is based in Aberdeen, United Kingdom.

Typhon Treatment Systems

Venture Round in 2019
Typhon Treatment Systems Ltd. manufactures water treatment equipment. It develops ultraviolet (UV) light emitting diode (LED) water treatment technology equipment. The company was founded in 2014 and is headquartered in Penrith, United Kingdom.

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.

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.

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.

NEXA3D

Series B in 2020
NEXA 3D is making ultrafast industrial-grade Stereolithography 3D printers affordable to professionals and businesses of all sizes. The company's printers are powered by proprietary Lubricant Sublayer Photo-curing (LSPc) Technology and patented structured light matrix capable of reaching top speed of 1 cm per minute, drastically reducing 3D printing cycles of precision functional parts from hours to minutes.

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.

Syzygy Plasmonics

Series C in 2022
Syzygy Plasmonics is a developer of a photocatalytic reactor designed for fuel cell vehicles and small-scale industrial applications.The company's reactor is powered by light and operates at over 1,000°F lower temperature than conventional chemical reactor technology that helps in reducing maintenance costs and is able to start or stop production near instantaneously, enabling fuel cell vehicle companies to produce ultra-low-cost hydrogen gas on-site at customer locations.

Grand perspective

Series A in 2022
Grandperspective offers an early warning system for dangerous gases that covers entire industrial areas. The company visualizes and locates dangerous gas clouds and warns in real time against gas leaks and fugitive emissions using optical sensor devices that detect a wide range of chemicals from a distance.

Typhon Treatment Systems

Private Placement in 2019
Typhon Treatment Systems Ltd. manufactures water treatment equipment. It develops ultraviolet (UV) light emitting diode (LED) water treatment technology equipment. The company was founded in 2014 and is headquartered in Penrith, United Kingdom.

908 Devices

Series D in 2017
908 Devices is bringing the powerful capabilities of Mass Spectrometry out of the confines of centralized facilities and mobile laboratories. The company makes battery-operated, handheld, chemical detection tools, rugged enough to exceed military standards, and trusted enough for immediate action in the field. For biologists and chemists in need of answers, 908 Devices makes personal analyzers, small and simple enough for every workspace.

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.

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.

NexWafe

Venture Round in 2017
NexWafe will supply high quality wafers to solar cell producers .Their wafers will be fully compatible with common cell and module fabrication .They will be available at a fraction of the cost of standard wafers.

Well-SENSE

Private Placement in 2018
Well-SENSE Technology Ltd. develops disposable fiber optic systems for oil and gas industry. Its systems are used in cement assurance, gas lift optimization, sand detection, and flow monitoring applications. It offers FiberLine Intervention (FLI) technology, which uses fiber optic technology to take distributed temperature, pressure, and acoustic measurements across the length of the well and transmits the data to the surface in real time. The company was founded in 2015 and is based in Aberdeen, United Kingdom.

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.

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.

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.

908 Devices

Series C in 2015
908 Devices is bringing the powerful capabilities of Mass Spectrometry out of the confines of centralized facilities and mobile laboratories. The company makes battery-operated, handheld, chemical detection tools, rugged enough to exceed military standards, and trusted enough for immediate action in the field. For biologists and chemists in need of answers, 908 Devices makes personal analyzers, small and simple enough for every workspace.

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.

908 Devices

Private Placement in 2019
908 Devices is bringing the powerful capabilities of Mass Spectrometry out of the confines of centralized facilities and mobile laboratories. The company makes battery-operated, handheld, chemical detection tools, rugged enough to exceed military standards, and trusted enough for immediate action in the field. For biologists and chemists in need of answers, 908 Devices makes personal analyzers, small and simple enough for every workspace.

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.

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.

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.

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.

Hydrogen Mem-Tech

Venture Round in 2022
Hydrogen Mem-Tech aim is to make the green shift happen through our state-of-the-art hydrogen separation technology with carbon capture.

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.

Data Gumbo

Private Placement 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.

Xage Security

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

Clarke Industrial Engineering, Inc.

Private Placement in 2020
Clarke Industrial Engineering, Inc. develops, manufactures, and markets shutter valves for industrial and aerospace applications. It offers tungsten-coated petals, ceramic petals, Teflon-lined valves, and optional seals for dirty service. The company serves oil and gas, power, advanced water systems, and chemical plant precision industries. The company was founded in 2011 and is based in North Kingstown, Rhode Island.Clarke Industrial Engineering Incorporated, doing business as Clarke Valve, designs, manufactures, and supplies shutter valves. It offers precision flow control, zero pressure drop, and tight shut off valves; tungsten-coated petals, ceramic petals, Teflon-lined valves, and optional seals for dirty and severe service applications. The company’s products are used in oil and gas, power, advanced water systems, and chemical plant precision applications. Clarke Industrial Engineering Incorporated was founded in 2011 and is based in North Kingstown, Rhode Island.

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.

Parsable

Private Placement 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.

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.

Parsable

Private Placement 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.

NexWafe

Private Placement in 2017
NexWafe will supply high quality wafers to solar cell producers .Their wafers will be fully compatible with common cell and module fabrication .They will be available at a fraction of the cost of standard wafers.

Desktop Metal

Series B in 2016
Desktop Metal is reinventing the way design and manufacturing teams produce and 3D print metal parts - from prototyping through mass production. The team is built around the disciplines of materials science, hardware and software engineering, and design. They have raised $97 million in equity funding with investment from technology leaders including Google, BMW, Lowe’s, and Kleiner Perkins Caufield & Byers. Located just outside of Boston we are assembling a team of experts and are looking to hire curious and driven engineers, scientists, and designers.

Xage Security

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

NexWafe

Series B in 2021
NexWafe will supply high quality wafers to solar cell producers .Their wafers will be fully compatible with common cell and module fabrication .They will be available at a fraction of the cost of standard wafers.

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.

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.

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.

FogHorn

Private Placement 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.

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.

Dragos

Series C in 2020
Dragos is an industrial cybersecurity company on a mission to safeguard civilization by protecting the world’s critical infrastructure. Dragos codifies the knowledge of our cybersecurity experts into an integrated software platform that provides customers critical visibility into ICS and OT networks so that threats are identified and can be addressed before they become significant events. Our solutions protect organizations across a range of industries, including power and water utilities, energy, and manufacturing, and are optimized for emerging applications like the Industrial Internet of Things (IIOT). Dragos is privately held and headquartered in the Washington, DC area with a regional presence around the world, including Canada, Australia, New Zealand, Europe, and the Middle East.

Earth Science Analytics

Series A in 2019
Earth Science Analytics (ESA) mission is to improve exploration success in challenging geological settings by providing geoscience-driven machine learning workflows and software. We aim to provide high quality data- driven predictions to clients in the E&P industry more efficiently, with greater precision and at lower cost compared to traditional methods.

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.

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.

Noon Energy

Venture Round in 2022
Noon Energy develops a flow battery technology that enables economical long-duration energy storage. The company's design will allow intermittent renewable electricity sources, such as solar and wind, to meet continual demand. Noon Energy was founded in 2018 and based in Palo Alto, California.

Clarke Valve

Series D in 2022
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.

Zid

Series B in 2022
Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in an easy and professional. Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.