Energy Innovation Capital

"It's not a tech question anymore, it's a scale question," says Prutha Atre, in her first installment of #WattsNext, her blog on personal thoughts, ideas and perspectives in energy. Over the past two years, Prutha has gone from Dartmouth College to interning here at Energy Innovation Capital, and on to working as Innovation Manager at our partner, Rose Rock Bridge. Don't miss its first instalment... power to the grid https://lnkd.in/eh97XQSJ #EnergyTech #Geothermal #BaseloadPower #Innovation #ClimateTech #WattsNext

?? Key takeaways from portfolio company Vortexa’s geopolitical risk webinar On October 16, Vortexa explored the question: Is sanctioning tankers a game-changer for Iran & Russia’s oil flows? Armen Azizian, Senior Oil Risk Analyst, shared insights on sanctions, oil flows, and the global freight landscape. Here’s what we learned: ?? Record Sanctions in 2024: Over 130 tankers were sanctioned by the EU, UK, and US in 2024, marking an all-time high. This action primarily targets VLCCs and Aframaxes, aiming to disrupt Russia’s and Iran’s trade routes. ?? Differing Impacts on Russia vs. Iran: In Russia, sanctions led to a 400kbd drop in crude exports on sanctioned tankers, as these vessels faced reduced employment. In Iran, exports rose by 300kbd, highlighting their resilience. Decades-long sanctions have enabled Iran to develop alternative methods to sustain exports. ???? China’s Import Shift: Discounted feedstock now makes up 30% of China’s imports, with Iranian crude surging to record highs. This shift, notably in Shandong and Jiangsu, displaces traditional imports from Brazil and Angola. ?? Looking Ahead: As vessel-specific sanctions increase, STS (ship-to-ship) activity is expected to rise, facilitating continued oil flow to key markets like China. Thanks to Armen and Vortexa for these valuable insights into how global oil dynamics are evolving under today’s sanctions landscape. https://lnkd.in/eimVHSR9 #Geopolitics #OilMarkets #Sanctions #GlobalTrade

?? Latest news from EIC and some of our portfolio companies ?? Check out the first edition of our LinkedIn newsletter, highlighting key achievements – including major awards, exciting partnerships, and ground-breaking technologies – from the last few weeks. Don't miss out on these latest insights and milestones from (just a few of) our innovators ?? #technews #newsletter

Congratulations to portfolio company Infinitum on being selected by the U.S. Department of Energy to Drive Clean Energy Manufacturing Initiatives They are one of 14 companies selected by the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains (MESC) to receive funding for projects aimed at strengthening U.S. clean energy manufacturing and addressing critical supply chain needs. How will they use the funding? ???? To establish a manufacturing facility in Rockdale, Texas, to produce high-powered printed circuit board (HP-PCB) stators – the core of their high-efficiency, axial-flux motors, essential in data centers, commercial HVAC systems, and industrial applications. This facility is anticipated to create up to 170 operational jobs and 125 construction jobs, bringing vital economic support to the Rockdale community and revitalizing a former coal region. ?? “This award from the Department of Energy acknowledges the potential of our air-core motor technology to transform clean energy manufacturing,” said Ben Schuler, founder and CEO of Infinitum. “We are eager to contribute to building a resilient supply chain for critical energy technologies and to support the communities at the heart of this transition.” Infinitum’s $34 million award will support advancements that optimize resource use, reduce waste, and contribute to sustainable manufacturing practices across industries. Read the full press release: https://lnkd.in/eBxUbtFw #DOE #Infinitum #CleanEnergy #ManufacturingInnovation #SustainableTech

?? We’re proud to share portfolio company Ocean Aero Inc’s role in the AUKUS 'Maritime Big Play' experiment, held in Australia’s Jervis Bay, where new autonomous capabilities are transforming naval intelligence and operations. Ocean Aero's Triton is the world's first dual-modality underwater and surface autonomous marine drone, and lends itself as a dual-use technology across defense and energy. The Triton joined over 30 cutting-edge systems from allied nations to redefine how data is gathered and shared in real-time at sea. This collaboration between the US, UK, and Australia is part of the #AUKUS partnership’s focus on emerging technologies, demonstrating how quickly integrated systems can deliver critical intelligence and accelerate operations. The interoperability achieved here took what usually spans months into a matter of minutes. From the seabed to the stratosphere, this exercise underscored the power of allied tech partnerships. Congratulations Ocean Aero team! https://lnkd.in/eKj67X4v #Innovation #NavalTech

We're thrilled to announce our plans to acquire Mission Secure to?deliver a single platform that provides customers with end-to-end visibility, context, and management for digital factories.?Learn more: https://lnkd.in/gZczbuSH

?? Exciting news from our portfolio company Vortexa! ?? Vortexa has announced a $25M strategic debt financing with CIBC Innovation Banking, following its $34M Series C funding round led by Morgan Stanley. This funding will help accelerate growth in energy and freight analytics, a sector that’s rapidly transforming global markets. ?? Vortexa is leading the charge in providing real-time insights for global energy and freight, helping companies make data-driven decisions with confidence. This financing will not only strengthen Vortexa’s capabilities but also expand its innovative approach to markets in Europe and beyond. ?? The funding will allow: ???? Strategic debt financing from CIBC Innovation Banking to fuel further expansion. ???? Increased flexibility to enhance Vortexa’s ability to develop cutting-edge solutions. ???? Accelerate their work on pioneering technology and actionable intelligence for better market insights. Congratulations to the team! It’s an exciting time to follow their journey. ?? https://lnkd.in/e2iRiJv8 #EnergyTech #FreightAnalytics #Innovation #DataDriven #CIBCBanking #MorganStanley #FinTech #Funding

A heartfelt thank you to the over 130 investors, partners, entrepreneurs and friends of Energy Innovation Capital who joined us last week at the Houstonian in Houston for our Annual Meeting. We appreciate the support of our LPs and partners in enabling Team EIC to continue investing at the ground floor of emerging category leaders who are transforming the future of #energy, #industry, and #climate. Here are some highlights from the event: ?? Spotlighting innovators across our portfolio? Thank you to Moleaer Inc.’s Nicholas Dyner, Outsight’s Raul Bravo, Titan Advanced Energy Solutions’ Shawn Murphy, ConXtech’s Russell Lambert, Phoenix Tailings’ Nicholas Myers, Streamline Innovations’ Dave Sisk, Captura's Steve Oldham, CruxOCM's Vicki Knott, P.Eng, Joe Chandler of ZENRG Services, Safety Radar's Garrison H., and Element3's Hood Whitson?for the inspiring spotlights on the innovation your companies are driving among our portfolio. ?? CEO workshops and AI Keynote We enjoyed the opportunity to help add to our entrepreneurs’ strategies and practical toolkits for success; thanks to Sunny Trinh, Todd Auwarter, Paul Hunter?for leading the workshops. We also appreciated Bob Ghafouri’s keynote on AI and its implications on the energy industry as we look ahead to innovation at the intersection of two global megatrends. ?? EIC update and what’s next for EIC??We enjoyed sharing with our partners our exciting progress over the past year, and what’s next for the EIC portfolio (and Team EIC) – watch this space!

Congratulations to porfolio company Xpansiv on their acquisition of PineSpire’s LCFS and REC businesses, expanding their clean energy portfolio. With this deal, PineSpire’s leadership team, including co-founders Patrick Dawson and Ryan Huggins, will join Xpansiv’s Managed Solutions division, North America’s largest independent platform for managing solar, renewable energy, and clean transportation credits. “Xpansiv and PineSpire share a common vision, and we are eager to leverage the capabilities of both organizations to deliver optimal customer outcomes,” said Janet Mihalyfi, President of Managed Solutions at Xpansiv. “PineSpire’s management team has a proven record of excellence and innovation, which will enable us to expand our leading presence in low carbon fuels and RECs.” Patrick Dawson added, “We are excited to join Xpansiv, the preeminent operator in our business, which will enable us to continue to provide world-class service and technology to our hundreds of clients in California, Washington, Oregon, and Canada.” For the full story, click here: https://lnkd.in/ej6YFShz #CleanEnergy #LCFS #RECs #EnergyTransition #Xpansiv #Sustainability #RenewableEnergy #CarbonMarkets

Portfolio company Moleaer Inc. and L?DINGEN JEGER OG FISKEFORENING have announced promising results from their recent collaboration, where cutting-edge nanobubble technology was integrated into a recirculating aquaculture system (RAS) at L?dingen Fisk’s Norwegian salmon facility. The implementation of Moleaer’s nanobubbles, which are known for their unique properties in enhancing oxygen transfer and improving water quality, led to significant gains in system efficiency. ?? According to reports, the facility saw a 23% increase in dissolved oxygen levels, a 30% reduction in water turbidity, and a 70% decrease in nitrite accumulation. Nanobubbles, measuring 80-200 nanometers, remain suspended in water for extended periods, optimizing oxygen dissolution and biofilter performance while improving overall fish health and welfare. The technology has shown potential to lower feed conversion rates, boost fish growth, and reduce operational costs, offering a sustainable solution for the resource-sensitive aquaculture industry. Jan Eric Haagensen, senior director of Scandinavia at Moleaer, stated, “Our work with L?dingen Fisk demonstrates the transformative potential of nanobubble technology to unlock new levels of productivity within the aquaculture industry." Congratulations, Moleaer team! Read the full story here: https://lnkd.in/egAfgRK5 #SustainableFarming #NanobubbleTechnology #AquacultureTech #WaterQuality #SustainableAquaculture