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Top 45 Oil and Gas startups
Nov 12, 2024 | By Alexander Gillet | 24 |
These startups develop new technologies for oil and gas companies such as geological data AI analyzes, IoT for wellsite management, digital twins, predictive maintenance, mining robotics, etc
1
Country: USA | Funding: $1.2B
Crusoe Energy pioneered bitcoin (BTC) mining by using wasted natural gas as a power source
Crusoe Energy pioneered bitcoin (BTC) mining by using wasted natural gas as a power source
2
Country: USA | Funding: $752.5M
RigUp is a technology company that develops a platform to support the energy workforce. Its platform serves as a marketplace for services and skilled labor in the energy industry. It also enables the energy industry to digitally interact in a more efficient, safe, and environmentally friendly way.
RigUp is a technology company that develops a platform to support the energy workforce. Its platform serves as a marketplace for services and skilled labor in the energy industry. It also enables the energy industry to digitally interact in a more efficient, safe, and environmentally friendly way.
3
Country: USA | Funding: $690M
NET Power produces power from natural gas at costs comparable to existing technologies. All CO2 is captured at no extra cost.
NET Power produces power from natural gas at costs comparable to existing technologies. All CO2 is captured at no extra cost.
4
Country: USA | Funding: $400M
Edgewater provides independent midstream solutions to refiners, producers and marketers of crude oil, refined products.
Edgewater provides independent midstream solutions to refiners, producers and marketers of crude oil, refined products.
5
Country: USA | Funding: $211M
LongPath Technologies is an oil and gas monitoring service company that provides laser-based natural gas infrastructure monitoring systems.
LongPath Technologies is an oil and gas monitoring service company that provides laser-based natural gas infrastructure monitoring systems.
6
Country: USA | Funding: $158.5M
Beyond Limits Cognitive AI for Field Management is designed to support operators in accelerating data integration and analysis to pinpoint drilling opportunities, weigh opportunity vs. risk, and speed up time-to-decisions.
Beyond Limits Cognitive AI for Field Management is designed to support operators in accelerating data integration and analysis to pinpoint drilling opportunities, weigh opportunity vs. risk, and speed up time-to-decisions.
7
Country: USA | Funding: $121.1M
Project Canary’s mission is to reduce the release of methane into the atmosphere. Using their own sensors, their goal is to continuously monitor thousands of remote sites and help energy companies reduce fugitive gas emissions.
Project Canary’s mission is to reduce the release of methane into the atmosphere. Using their own sensors, their goal is to continuously monitor thousands of remote sites and help energy companies reduce fugitive gas emissions.
8
Country: USA | Funding: $64M
M2X Energy has developed a technology to capture methane from gas flare sites and convert it to liquid methanol, which can then be transported and used in low-carbon fuels and other materials.
M2X Energy has developed a technology to capture methane from gas flare sites and convert it to liquid methanol, which can then be transported and used in low-carbon fuels and other materials.
9
Country: Germany
MAN Energy Solutions enables its customers to achieve sustainable value creation in the transition towards a carbon neutral future.
MAN Energy Solutions enables its customers to achieve sustainable value creation in the transition towards a carbon neutral future.
10
Country: Canada | Funding: $33.7M
GeologicAI is a technology company that provides core scanning, core logging, and mineral identificatoin. It uses AI to analyze rock scans.
GeologicAI is a technology company that provides core scanning, core logging, and mineral identificatoin. It uses AI to analyze rock scans.
11
Country: USA | Funding: $34.3M
Starfire Energy develops and deploys sustainable energy technologies (makes parts for ammonia manufacturers).
Starfire Energy develops and deploys sustainable energy technologies (makes parts for ammonia manufacturers).
12
Country: Canada | Funding: $29.1M
Ambyint delivers an Artificial Intelligence (AI) Driven automation and analytics solution for artificial lift optimization that builds on traditional physics-based techniques.
Ambyint delivers an Artificial Intelligence (AI) Driven automation and analytics solution for artificial lift optimization that builds on traditional physics-based techniques.
13
Country: USA | Funding: $25.6M
Osperity's technology provides AI-driven intelligent visual monitoring for industrial operations that can result in improved safety, reduced carbon footprints, and more.
Osperity's technology provides AI-driven intelligent visual monitoring for industrial operations that can result in improved safety, reduced carbon footprints, and more.
14
Country: USA | Funding: $20.7M
Andium is an Industrial Internet of Things (IIoT) company that transforms wellsite management for the oil and gas industry with a a centralized and optimized operations platform for large energy companies.
Andium is an Industrial Internet of Things (IIoT) company that transforms wellsite management for the oil and gas industry with a a centralized and optimized operations platform for large energy companies.
15
Country: USA | Funding: $18.2M
Eden GeoPower is a green energy tech startup that has developed a unique, electric, and environmentally technology to allow for less-water intensive hydrocarbon extraction.
Eden GeoPower is a green energy tech startup that has developed a unique, electric, and environmentally technology to allow for less-water intensive hydrocarbon extraction.
16
Country: Switzerland | Funding: $10.7M
UniSieve is a cleantech company that provides molecular separation membrane solutions for a wide range of applications. Energy carriers such as hydrogen or methane are transported and consumed in purified form.
UniSieve is a cleantech company that provides molecular separation membrane solutions for a wide range of applications. Energy carriers such as hydrogen or methane are transported and consumed in purified form.
17
Country: USA
SOTAOG application is specially designed to provide owners and operators in the oil and gas industry with a one-stop, fully-integrated solution for capturing and transforming field and operational data into real-time business intelligence that helps improve operational response, enhance business decisions and drive revenue growth.
SOTAOG application is specially designed to provide owners and operators in the oil and gas industry with a one-stop, fully-integrated solution for capturing and transforming field and operational data into real-time business intelligence that helps improve operational response, enhance business decisions and drive revenue growth.
18
Country: USA
Bluware enables the oil and gas industry to explore the full value of seismic data without the limitations forced by data size and current interpretation software.
Bluware enables the oil and gas industry to explore the full value of seismic data without the limitations forced by data size and current interpretation software.
19
Country: India | Funding: $8.5M
Flutura is an AI Solutions company focused on improving two core business objectives of "Asset Uptime" and "Operational Efficiency". Flutura does this with Cerebra, their AI Platform tuned for IIOT in Oil & Gas, Process Manufacturing, and Heavy machinery manufacturing industries, powering connected asset and connected operations use cases.
Flutura is an AI Solutions company focused on improving two core business objectives of "Asset Uptime" and "Operational Efficiency". Flutura does this with Cerebra, their AI Platform tuned for IIOT in Oil & Gas, Process Manufacturing, and Heavy machinery manufacturing industries, powering connected asset and connected operations use cases.
20
Country: USA | Funding: $8.3M
360 Mining is a modular data center provider for the oil and gas producers that helps natural gas producers make more money on their gas production.
360 Mining is a modular data center provider for the oil and gas producers that helps natural gas producers make more money on their gas production.
