Investor Type | Firm |
Industries | Businesses Solutions • Hardware (& Manufacturing) • Energy • IoT (& Wearables) • CleanTech • A.I. (& Big Data) • Robotics • Real Estate (& Construction) • Mobility |
Stages | Early, Seed, Series A |
Investing | United States |
Investment Range | $1,000,000 - $5,000,000 |
Investment Sweet Spot | $3,000,000 |
New Industry Ventures is an investment fund focusing on acquiring non-controlling stakes in early and growth-stage startups that exhibit the potential to create a scalable product in the near term. They are particularly focused on businesses that are developing breakthrough technologies and equipment across various sectors. The fund targets industries such as oil and gas, petrochemical, energy, new materials, and alternative energy—including hydrogen, bio, wind energy, and more. Their investment strategy extends to technological innovations in areas like industrial safety, new materials, additive technologies, robotics, automation of production processes, and high-efficiency hydrocarbon production and transportation equipment. The digital transformation in the fuel and energy complex also falls under their radar, with interest in augmented reality, AI, industrial robotics, big data analytics, and predictive analytics for product life cycles. New Industry Ventures' investment focus emphasizes the startup development stages from teams and laboratory hypothesis testing to prototypes, minimum viable products (MVPs), pilots, and manufacturing. Their mission underlines stimulating the development of groundbreaking technologies and products to maintain the long-term global competitiveness and supply security for fund participants’ industries, while also targeting a return on invested capital. Their strategic investment areas include exploration and extraction, logistics, processing and sales, offshore projects, robotization, automation, production safety, and digital transformation strategies like digital twins and predictive analytics systems. The challenges they look to address through their investments include reduced oil recovery from mature fields, the engagement in the development of unconventional oil reserves, increasing drilling costs, and environmental impacts. Some specific targets include enhancing oil recovery, improving production efficiency, developing unconventional hydrocarbon reserves, and modernizing existing processes to meet new technological and environmental standards. The fund's investment ranges from a minimum of $1,000,000 to a maximum of $5,000,000, with a sweet spot at $3,000,000. They specialize in the early, seed, and Series A stages of funding.