Current Investments

We invest in the next generation of breakthrough energy technologies by identifying and living the patterns that make for successful investments.

 

Fund VI Investments

ResFrac

Investment: 
2018

ResFrac has built the first 3D, cloud-based, fully-integrated fracture / reservoir simulator sold to oil and gas operators as a SaaS solution. Fracture simulation is used to predict fracture geometry and proppant placement from fluid injection, while reservoir simulation is used to describe multiphase flow and long-term fluid production. Using advanced physics and patent-pending algorithm combinations, ResFrac combines the two, with a primary focus on optimizing fracture and field development in shale plays, dramatically shortening the ‘trial and error’ learning curve of unconventional development. The company is headquartered in Palo Alto, California.

Seeq

Investment: 
2017

Seeq offers advanced data analytics software for process industries that enables better decisions across the enterprise. Key features include self-serve, easy-to-use data trending and visualization tools, automated data cleansing, and the ability to quickly create and manipulate time-series data objects, all while capturing and sharing valuable subject-matter-expert knowledge. Customers ranging from oil & gas to pharma use Seeq get more value out of their data and experience faster time to insight, achieving results in minutes that replace days and weeks of wrangling data sets. Business case outcomes comprise of improved yields, margins, quality, and safety. Seeq is based in Seattle, Washington.

ThoughtTrace

Investment: 
2017

ThoughtTrace empowers its customers to greater insight and creativity through better access to their most challenging information. Its software platform, ALI™, near-instantly extracts valuable insight from unstructured data buried in large volumes of complex contractual documents. Using a combination of artificial intelligence and machine learning algorithms trained in-house by domain experts with vast amounts of documents, ALI™ automatically reads and interprets meaning down to the sentence-level at a fraction of the time (minutes, not weeks or months) and with more accuracy than a human. ALI™ is used across many industries and document types, including oil & gas land leases, rights-of-way, and supplier contracts. ThoughtTrace is based in Houston, Texas.

FlexGen Power Systems

Investment: 
2015

FlexGen is an integrated energy storage technology platform company. Through its proprietary software and high-efficiency power electronics, FlexGen’s Energy Storage Systems (ESS’s) enable the economic integration (hybridization) of energy storage with power generation assets. Its ESS technology is used to hybridize utility-scale solar plants, natural gas peaker plants, industrial microgrids, and drilling rig and production power generators, both off-grid and at the grid-edge. FlexGen’s technology has been deployed around the world and has proven to significantly improve overall power quality, reliability and cost. FlexGen is headquartered in Houston, Texas.

Infrastructure Networks

Investment: 
2013

Infrastructure Networks is a developer of proprietary 4G LTE wireless networks that enable the Industrial Internet of Things (IIoT) for machine-to-machine communications in critical infrastructure industries such as oil and gas exploration and production. Founded in March 2011, Infrastructure Networks has been rapidly expanding its holdings by acquiring licensed 700 MHz broadband spectrum. To date, those holdings cover more hundreds of thousands of square miles in the Permian Basin in Texas and New Mexico, the SCOOP / STACK in Oklahoma, the Bakken Shale in North Dakota, the Eagle Ford Shale in Texas and Eastern Kern County in California.