Queensand Tech Company RedEye Raises $10m Series B Funding to Scale Globally

Queensand Tech Company RedEye Raises $10m Series B Funding to Scale Globally

Queensland-founded tech company RedEye today announced it has raised $10.4 million in Series B funding from a cohort of private and public investors, led by Energy Innovation Capital (USA) with a second round from the Business Development Fund (Australia). The funding will be used to scale the business globally, driven by strong demand in Australia, the United States, and New Zealand.

tado° raises USD 50m in new financing round

tado° raises USD 50m in new financing round

Munich, Oct 25th 2018 - tado°, the leader in intelligent home climate management, attracts USD 50m in international investment from Amazon, E.ON, Total Energy Ventures, Energy Innovation Capital, Inven Capital, the European Investment Bank and others to bring total funding to USD 102m. The new investment will be used to strengthen its position with best-in-class products and to extend its service offerings.

MISSION SECURE, INC ANNOUNCES SERIES A VENTURE FINANCING

MISSION SECURE, INC ANNOUNCES SERIES A VENTURE FINANCING

HOUSTON, TX - October 10, 2018 - Mission Secure, Inc (“MSi”), a leading control system cybersecurity company focused on energy, defense, and transportation, announced the closing of a Series A financing round led by Energy Innovation Capital (EIC) and Chevron Technology Ventures. R/GA Ventures and Macquarie Capital also participated in the financing along with existing investors Blue Bear Capital, Felton Group, LLC, and the UVA LVG Seed Fund. The funds will be used to accelerate growth and expansion of Mission Secure throughout the energy, defense, and transportation sectors.

Kairos Aerospace Closes $6 Million Venture Funding Round with Investment from Energy Innovation Capital and OGCI Climate Investments

Kairos Aerospace Closes $6 Million Venture Funding Round with Investment from Energy Innovation Capital and OGCI Climate Investments

New York, NY (September 24, 2018) - Kairos Aerospace, an aerial methane detection service startup, announces the closing of its latest funding round with investment from Energy Innovation Capital (EIC) and the Oil and Gas Climate Initiative (OGCI) Climate Investments. With the investment, Kairos will invest further in technology development and increased operational capacity.

Lockheed Martin Ventures and Energy Innovation Capital Make Significant Strategic Investment in Ocean Aero

Lockheed Martin Ventures and Energy Innovation Capital Make Significant Strategic Investment in Ocean Aero

Companies see bright future in unmanned maritime systems

San Diego, California—August 29, 2018— Ocean Aero, Inc.—builder of environmentally-powered, autonomous, unmanned, underwater and surface vehicles (AUUSV)—announced today that it has secured multi-million-dollar strategic investments from both Lockheed Martin Ventures and Energy Innovation Capital (EIC) in a Series B funding round. This is Lockheed Martin Ventures’ second investment in Ocean Aero and the initial investment for EIC in the unmanned maritime systems market. Both companies join Teledyne Marine as the primary investors behind Ocean Aero.

Bacteria lead the way to more efficient oil production

Bacteria lead the way to more efficient oil production

In the rocky depths of the nation’s shale oil fields, thousands of feet below the production frenzy, primordial bacteria subsist on the very hydrocarbons that make up oil and gas and have transformed the U.S. into an energy powerhouse rivaling Saudi Arabia and Russia.

How Silicon Valley Is Helping BP Bring A.I. To The Oil Patch

How Silicon Valley Is Helping BP Bring A.I. To The Oil Patch

BP has turned to Silicon Valley for help, and with vendor Kelvin they’ve outfitted hundreds of Wamsutter wells with arrays of cheap sensors that gather and transmit oceans of data into supercomputers where A.I.-driven algorithms crunch endless optimization simulations.

Saudi Aramco Energy Ventures Invests in Turbine Innovator Flowcastings GmbH.

Saudi Aramco Energy Ventures Invests in Turbine Innovator Flowcastings GmbH.

Dhahran, Saudi Arabia; and Trebur, Germany. March 22nd, 2018 – Flowcastings GmbH., a leading Germany-based innovator in turbine blade manufacturing, today announced that it has added Saudi Aramco Energy Ventures (SAEV) to its shareholder base. SAEV is the corporate venturing subsidiary of Saudi Aramco, a global integrated energy and chemicals company. SAEV led a Series C round, which also included Flowcastings’ existing investors Energy Innovation Capital and Eastern Sun Capital.