Energy & Clean Technology Venture Award Companies Announced at Rice Alliance Energy & Clean Technology Venture Forum
HOUSTON – (Sept. 18, 2015) - The Rice Alliance for Technology and Entrepreneurship (Rice Alliance) announced the 10 Most Promising Energy & Clean Technology Venture Companies at the 13th Annual Energy & Clean Technology Venture Forum in Houston yesterday. Energy & Clean Technology companies showcased their new offerings at the largest venture capital conference in the Southwest with 500 attendees, including investors, venture capitalists, industry representatives, business leaders, service providers, and entrepreneurs.
The one-day event culminated in an announcement of the 10 Most Promising Energy & Clean Technology Companies Award companies chosen from 60 presenters and judged by the Rice Alliance Energy & Clean Technology industry experts and interest generated from participating investors.
Five of the ten most promising companies are based in the Houston area: Amros, Big Delta Systems, MicroSilicon, Inc., Rheidiant and Viper Drill. The other five companies represented diverse regions, including: AdaptiveWell from San Juan Capistrano, CA and Intelligent Dots from Johns Creek, GA; Fracture ID, Denver, CO; GroundMetrics, San Diego, CA; and VUV Analytics from Cedar Park, TX. The announcement of the top companies was made at the end of the program by Karen Love of PKF.
“Every year the quality of companies improves,” said Rice Alliance managing director Brad Burke, who presided over the announcement of the winners of the Energy & Clean Technology Venture awards at the event. “Over the past 13 years, more than 1,700 companies have presented at Rice Alliance Technology Venture Forums. These companies have raised more than $2.1 billion in funding. This speaks to the quality of the companies and to the robust entrepreneurial ecosystem of investors that has been developed to support these companies. Despite the challenging economic environment over the past several years, good companies have been able to attract investors.”
Energy and Clean Technology Venture Award Companies
AdaptiveWell – San Juan Capistrano, CA - AdaptiveWell improves the capital efficiency and productivity of Unconventional Well operations.
Amros – Houston - Amros has developed a technology that uses standard open hole log data to calculate production profile for shale plays that shows where the recoverable oil is located.
Big Delta Systems – Houston - Big Delta Systems develops innovative manufacturing techniques and architectures for Lithium-ion batteries and will revolutionize how batteries are designed, engineered and integrated in applications.
Fracture ID – Denver, CO - Fracture ID uses data gather during the drilling of unconventional resource wells to provide a measure of the rock properties along the wellbore and the location of intersected natural fractures.
GroundMetrics – San Diego, CA - GroundMetrics eliminates blind spots underground to increase oil and gas production, improve efficiencies and reduce wasted resources, spending and capital expenditures.
Intelligent Dots – Johns Creek, GA - Intelligent Dots offers a revolutionary new technology that provides real-time in-situ 4-dimensional seismic imaging of subsurface structures and dynamics.
MicroSilicon, Inc. – Katy, TX - We design and build custom integrated sensors for placement in hostile environments, with key focus on flow assurance challenges in the Oil & Gas industry.
Rheidiant – Houston - Rheidiant is developing a real-time monitoring solution, bringing Internet of Things connectivity to hard to access assets of oil and gas operators.
Viper Drill – Houston - An EOR company that utilizes advanced drilling technologies to economically, yet dramatically increase O&G production.
VUV Analytics – Cedar Park, TX - VUV Analytics makes a novel optical detector for chemical analysis in gas chromatography and streaming gas applications.
The Forum was supported by BP, Chevron, Shell, Wells Fargo, ConocoPhillips, Energy Ventures, Baker Hughes, FMC Technologies, GE, OTM, Saudi Aramco, Statoil, Technip, Total, Andrews Kurth, Norton Rose Fulbright, Altira, Lime Rock Partners, Comerica, Leyendecker and Associates, Winstead, PKF Texas, and Insperity, with supporting organizations Greater Houston Partnership, and Opportunity SURGE Ventures, Village Capital, Energy Valley, Inc. Houston Angel Network and media sponsors Houston Business Journal and EnergyMakers Radio Show.