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Location: Texas, United States

Year Founded: 2025

Technology Category: Industrial Resource Recovery

Description: Powerdrive Thermal’s waste-heat-driven cooling technology couples a high-temperature turbine directly to a refrigeration compressor. The system converts industrial waste heat into mechanical cooling without first converting the heat into electricity.

Programs: Chevron Studio Portfolio Company

Acquiring Company: EDF Renewable Energy

Location: California, United States

Year Founded: 2017

Description: PowerFlex Systems’ distributed energy management technology coordinates electric vehicle charging with on-site solar generation, battery storage, microgrids, and facility electrical loads. The adaptive charging platform manages power demand across multiple distributed energy resources.

Programs: IN2 Portfolio Company

Location: California, United States

Year Founded: 2015

Technology Category: Building Design and Construction

Description: Pre Framing’s prefabricated wood framing technology uses automated machinery and software to produce precut and premarked wall components. Flexible straps hold the components together during transport and allow the framing assemblies to be rapidly deployed on site.

Programs: IN2 Portfolio Company

Location: California, United States

Year Founded: 2024

Technology Category: Critical Materials and Resource Extraction

Description: Rare Flora’s phytomining technology uses specialized high-biomass plants to extract and concentrate rare-earth elements from low-grade ores and metal-rich soils. Plant genetics are used to enhance elemental uptake and accumulation in harvestable biomass.

Programs: West Gate Portfolio Company

Location: New Jersey, United States

Year Founded: 2018

Technology Category: Fuels and Energy Carriers

Description: RenewCO2’s electrocatalytic conversion technology uses electricity and water to convert carbon dioxide into chemical and fuels, including formic acid, chemical intermediates for polymers, and sustainable aviation fuel. Its energy-efficient, modular electrolyzer platform is designed for high product selectivity and integration with existing industrial processes.

Programs: GCxN Portfolio Company

Location: Colorado, United States

Year Founded: 2020

Technology Category: Energy Storage Technologies

Description: Renewell Energy’s wellbore energy storage technology converts electrical energy into gravitational potential energy by lifting heavy weights within inactive oil and gas wells. Lowering the weights through the wellbore drives a generator to return electricity to the grid during periods of high demand.

Programs: West Gate Portfolio Company

Location: Vermont, United States

Year Founded: 2017

Technology Category: Power System Technologies

Description: Resonant Link’s wireless power transfer technology uses multilayer magnetic structures to reduce high-frequency electrical losses in inductive coils. The system enables high-power wireless charging across relatively large air gaps for medical devices, electric vehicles, and industrial equipment.

Programs: GCxN Portfolio Company

Location: California, United States

Year Founded: 2023

Description: Rhea's Factory’s artificial intelligence-guided enzyme engineering technology uses computational methods to identify and optimize enzymes capable of breaking down plastic waste. The enzymatic process converts plastic polymers into chemical building blocks that can be used to produce virgin-quality materials.

Programs: West Gate Portfolio Company

Location: Missouri, United States

Year Founded: 2019

Technology Category: Agricultural Production and Practices

Description: RNAiSSANCE AG formulates topical double-stranded ribonucleic acid (dsRNA) biopesticides for targeted insect control. The RNA interference (RNAi) platform targets specific gene sequences within targeted insect pests, silencing essential proteins to eliminate crop pests without affecting nontarget species.

Programs: IN2 Portfolio Company

Location: Massachusetts, United States

Year Founded: 2020

Technology Category: Agricultural Production and Practices

Description: Robigo’s precision microbial technology uses engineered microorganisms and data science to create targeted treatments for plant health and crop productivity. The microbial formulations are designed to act on specific plant or soil functions while minimizing effects on beneficial microorganisms and other organisms.

Programs: IN2 Portfolio Company