Rice Alliance announces 4 most promising energy tech companies at OTC
Fourteen companies pitched at the Rice Alliance for Technology and Entrepreneurship's Energy Venture Day at the 2021 Offshore Technology Conference, and virtual attendees voted on the companies they think are the most promising.
The companies, which hailed from three countries, again pitched virtually. Last year's venture day was also hosted virtually. The event's judging panel usually names 10 of the most promising companies at the event, however, just like last year, Rice Alliance put the power into the people viewing the pitches online.
Here are the four most promising energy tech companies that pitched at the annual OTC event.
Image via amhydrogen.com
Based in Tulsa, Oklahoma, American Hydrogen offers a fully integrated, end-to-end implementation solutions for hydrogen generation, storage, and distribution facilities.
"With roots in traditional energy, the American Hydrogen management team consists of senior oil and gas professionals who have spend decades developing infrastructure in prominent energy hubs across the United States. Through this field experience our team can furnish reliable and proven execution for an emerging clean technology market," per the company's website.
Image via alabastron.net
Houston-based Alabastron Technologies has developed a sensor that can detect organic and inorganic deposition in pipelines before any actual deposits form.
"Our service is a real-time closed-loop sensing, measurement and control strategy that remotely monitors oil production and the tendency of flow-restricting-substances or depositions prior to actual deposition," reads the company's website.
Photo via Getty Images
Applied Bioplastics, based in Austin, is commercializing an alternative to plastic by combining it plant fiber — operating with a carbon footprint 30 percent smaller than traditional plastic.
"Our products reduce petroleum dependency, pollution, and habitat destruction. Through our supply chains, we support eco-friendly agriculture in developing countries," according to the website.
Photo via dataseer.digital
Houston-based DataSeer is a cloud-based software application uses artificial intelligence to automatically detect, label and extract information from engineering data. The technology improves its customer's quality control and quality assurance of data extraction at scale.
"DataSeer was built in close collaboration with users at some of the largest engineering firms in the world, who we are proud to call our customers," the website reads.