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.
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.
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.
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.
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.
Founded in 2014, Fracture ID offers a new service called “drill bit geomechanics” that could become an early warning system for frac hits caused by pressure and hydrocarbon depletion from older producing wells.
Ajay Kshatriya from Biota discusses how medical innovations, utilizing DNA Sequencing, bring new insights to oil and gas at the most recent CERAWeek.
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.