Venture Builder VC Launches NOV Supernova Accelerator to Drive Digital Transformation in Upstream Oil & Gas with Disruptive Startups
NOV and Venture Builder VC have launched the NOV Supernova Accelerator, a five-month program designed to drive digital transformation in upstream oil and gas. The program offers startups direct access to NOV's R&D teams and business units, focusing on key areas including Data Management & Analytics, Operational Efficiency, HSE Monitoring, Predictive Maintenance, and Digital Twins.
The accelerator features 13 selected startups offering innovative solutions, including AnyLog's edge data management platform, Equipt's AI-powered asset management system, and Spindletop AI's edge-based machine learning for well optimization. The program culminates in a Demo Day where founders present their solutions to NOV executives, industry leaders, and potential investors.
NOV e Venture Builder VC hanno lanciato il NOV Supernova Accelerator, un programma di cinque mesi progettato per guidare la trasformazione digitale nel settore upstream del petrolio e del gas. Il programma offre alle startup accesso diretto ai team di R&D e alle unità aziendali di NOV, concentrandosi su aree chiave come Gestione dei Dati e Analisi, Efficienza Operativa, Monitoraggio HSE, Manutenzione Predittiva e Gemelli Digitali.
Il programma dell'acceleratore presenta 13 startup selezionate che offrono soluzioni innovative, tra cui la piattaforma di gestione dei dati edge di AnyLog, il sistema di gestione degli asset alimentato dall'IA di Equipt e il machine learning edge di Spindletop AI per l'ottimizzazione dei pozzi. Il programma culmina in un Demo Day in cui i fondatori presentano le loro soluzioni ai dirigenti di NOV, ai leader del settore e a potenziali investitori.
NOV y Venture Builder VC han lanzado el NOV Supernova Accelerator, un programa de cinco meses diseñado para impulsar la transformación digital en la exploración y producción de petróleo y gas. El programa ofrece a las startups acceso directo a los equipos de I+D y a las unidades de negocio de NOV, centrando su atención en áreas clave como Gestión de Datos y Análisis, Eficiencia Operativa, Monitoreo HSE, Mantenimiento Predictivo y Gemelos Digitales.
El acelerador cuenta con 13 startups seleccionadas que ofrecen soluciones innovadoras, incluyendo la plataforma de gestión de datos edge de AnyLog, el sistema de gestión de activos impulsado por IA de Equipt y el aprendizaje automático edge de Spindletop AI para la optimización de pozos. El programa culmina en un Día de Demostración donde los fundadores presentan sus soluciones a los ejecutivos de NOV, líderes de la industria y potenciales inversores.
NOV와 Venture Builder VC는 NOV Supernova Accelerator를 출시했습니다. 이 프로그램은 석유 및 가스의 업스트림 디지털 전환을 촉진하기 위해 설계된 5개월 프로그램입니다. 이 프로그램은 스타트업에 NOV의 R&D 팀 및 비즈니스 유닛에 직접 접근할 수 있는 기회를 제공하며, 데이터 관리 및 분석, 운영 효율성, HSE 모니터링, 예측 유지보수 및 디지털 트윈과 같은 주요 분야에 중점을 둡니다.
이 액셀러레이터에는 혁신적인 솔루션을 제공하는 13개의 선정된 스타트업이 포함되어 있습니다. 여기에는 AnyLog의 엣지 데이터 관리 플랫폼, Equipt의 AI 기반 자산 관리 시스템, Spindletop AI의 유정 최적화를 위한 엣지 기반 기계 학습이 포함됩니다. 프로그램은 설립자들이 NOV 경영진, 산업 리더 및 잠재적 투자자에게 솔루션을 발표하는 데모 데이로 절정에 이릅니다.
NOV et Venture Builder VC ont lancé le NOV Supernova Accelerator, un programme de cinq mois conçu pour promouvoir la transformation digitale dans le secteur aval du pétrole et du gaz. Le programme offre aux startups un accès direct aux équipes R&D et aux unités commerciales de NOV, en se concentrant sur des domaines clés tels que la gestion des données et l'analyse, l'efficacité opérationnelle, la surveillance HSE, la maintenance prédictive et les jumeaux numériques.
L'accélérateur présente 13 startups sélectionnées qui proposent des solutions innovantes, dont la plateforme de gestion des données edge d’AnyLog, le système de gestion d'actifs alimenté par IA d'Equipt et l'apprentissage automatique basé sur edge de Spindletop AI pour l'optimisation des puits. Le programme se termine par une journée de démonstration où les fondateurs présentent leurs solutions aux dirigeants de NOV, aux leaders de l'industrie et aux investisseurs potentiels.
NOV und Venture Builder VC haben den NOV Supernova Accelerator ins Leben gerufen, ein fünfmonatiges Programm, das darauf abzielt, die digitale Transformation im upstream Bereich der Öl- und Gasindustrie voranzutreiben. Das Programm bietet Startups direkten Zugang zu NOVs F&E-Teams und Geschäftseinheiten, wobei der Fokus auf Schlüsselbereichen wie Datenmanagement und Analytik, Betriebseffizienz, HSE-Überwachung, prädiktive Wartung und digitale Zwillinge liegt.
Der Accelerator umfasst 13 ausgewählte Startups, die innovative Lösungen anbieten, darunter die Edge-Datenmanagement-Plattform von AnyLog, das KI-gestützte Asset-Management-System von Equipt und das Edge-basierte maschinelle Lernen von Spindletop AI zur Optimierung von Bohrungen. Das Programm gipfelt in einem Demo-Tag, an dem die Gründer ihre Lösungen den Führungskräften von NOV, Branchenführern und potenziellen Investoren präsentieren.
- Strategic partnership with multiple tech startups to enhance digital transformation
- Direct access to potential revenue through paid pilot programs
- Diversification into cutting-edge technologies including AI, IoT, and machine learning
- None.
Insights
The NOV Supernova Accelerator program represents a strategic move to enhance NOV's competitive position in digital transformation. The selection of 13 startups across critical areas like AI, IoT and predictive maintenance aligns with industry trends toward automation and efficiency. The program's focus on paid pilot programs and direct R&D access increases the likelihood of successful technology adoption.
Key opportunities include:
- Cost reduction through IoT and edge computing solutions
- Enhanced operational efficiency via AI-powered predictive maintenance
- Improved safety and environmental monitoring capabilities
While this initiative shows promise for long-term value creation, immediate financial impact will be The real value proposition lies in NOV's potential to integrate these technologies into their existing product lines and services, potentially creating new revenue streams and maintaining market leadership in oil & gas technology.
The startup portfolio demonstrates a sophisticated approach to solving critical industry challenges. Particularly noteworthy are AnyLog's edge computing solution, which could significantly reduce data management costs and Novity's TruPrognostics™ system for predictive maintenance.
The technical diversity of the cohort is impressive, covering:
- Edge computing and IoT integration
- AI-powered optimization and automation
- Advanced sensors and monitoring systems
The focus on hardware-agnostic solutions and API integration suggests faster deployment potential and lower implementation barriers. This accelerator could accelerate NOV's digital transformation by 2-3 years compared to internal development.
Powered by Venture Builder VC, the five-month program offers startups unparalleled access to NOV's R&D and business units, with a focus on solving key enterprise challenges through paid pilot programs.
NOV Supernova Startup Accelerator Program — powered by Venture Builder VC, the NOV Supernova Accelerator is designed to accelerate meaningful relationships between startups and oil & gas leader NOV, offering selected companies unparalleled access to NOV’s corporate R&D teams and business units to test their solutions and develop long-term partnerships. Unlike traditional startup accelerators, this program often serves as a first-client relationship, enabling disruptive startups to refine their product-market fit and creatively solve pressing enterprise challenges through paid pilot programs. (Photo: Business Wire)
The NOV Supernova Accelerator is designed to accelerate meaningful relationships between startups and NOV, offering selected companies unparalleled access to NOV’s corporate R&D teams and business units to test their solutions and develop long-term partnerships. Unlike traditional startup accelerators, this program often serves as a first-client relationship, enabling disruptive startups to refine their product-market fit and creatively solve pressing enterprise challenges through paid pilot programs.
“At NOV, innovation is in our DNA,” said Diana Grauer, PhD, Director of R&D of NOV. “We’re thrilled to partner with Venture Builder VC to help bring these game-changing startups into the fold, each one offering groundbreaking solutions that can help solve the pressing challenges our industry faces today. The Supernova Accelerator is a reflection of our commitment to fostering forward-thinking technologies that will drive the future of oil and gas.”
The cohort will focus on solving key digital transformation challenges aligned with NOV’s corporate priorities, including:
- Data Management & Analytics
- Operational Efficiency
- HSE (Health, Safety, and Environmental) Monitoring
- Predictive Maintenance
- Digital Twins
Venture Builder VC, recognized as a leader in the venture clienting space, provides unparalleled opportunities to corporate clients by aligning them with cutting-edge startups that accelerate innovation. Through this partnership, NOV gains access to a curated portfolio of startups, driving impactful technology solutions tailored to the needs of the energy sector.
“We’re excited about the potential of this new cohort,” said Billy Grandy, General Partner, representing Venture Builder VC. “Each startup brings unique solutions to the table, and we are eager to see how these technologies will evolve with NOV’s support and expertise. This partnership reflects our ongoing commitment to nurturing talent and driving innovation within the energy sector.”
Since its inception, the NOV Supernova Accelerator program has attracted groundbreaking startups from across the globe, representing diverse perspectives and disruptive innovations in upstream energy technologies. By providing these entrepreneurs with the necessary resources, mentorship, and industry access, NOV continues to strengthen Houston’s role as a leading hub for energy technology innovation.
In addition to financial backing and hands-on mentorship, startups participating in the NOV Supernova Accelerator will benefit from direct access to NOV’s technology labs, research facilities, and industry-leading expertise. The program will culminate in a Demo Day, where founders will present their solutions to NOV executives, industry leaders, potential investors, and other stakeholders.
The startups joining the NOV Supernova Accelerator cohort are:
AnyLog (https://anylog.co)
AnyLog is an edge data management platform that replaces proprietary edge projects with a plug-and-play solution that services real-time data directly at the source, eliminating cloud costs, data transfer, and latency issues.
Equipt (https://equip-t.com)
Equipt’s AI-powered self-serve platform maximizes Asset & Field Service performance, and minimizes downtime and profit leakages. It helps achieve 360° visibility and extends resource utilization by digitally connecting asset and field service operations.
Geolumina (https://geolumina.ai)
NVZN by Geolumina is a solution that leverages data analytics to enhance skills, scale insights, and improve efficiency for subsurface companies, driving smarter production and decision-making.
Gophr (https://gophr.app)
Gophr is the "Priceline" of logistics, using AI to provide instant shipping quotes and optimize dispatch for anything from paper clips to rocket ships.
Iot++ (https://iotplusplus.com)
IoT++ simplifies industrial IoT with a secure, AI-enabled ecosystem of plug-and-play edge devices, offering APIs, SDKs, and mobile support to cut deployment time by
Kiana Analytics (https://kiana.io)
Kiana's hardware-agnostic solution secures people, assets, and locations using existing Wi-Fi, Bluetooth, UWB, and cameras, helping energy and manufacturing companies reduce risks and enhance operations.
Novity (https://novity.us)
Novity's TruPrognostics™ uses AI and physics models to accurately predict machine faults, helping factory operators minimize downtime by knowing the remaining useful life of their machines.
Promecav (https://promecav.com)
Promecav is redefining crude oil conditioning with patented technology that slashes water use by
RaftMind (https://raftmind.com)
RaftMind's Enterprise AI Solution transforms how businesses manage knowledge. Our advanced platform makes it easier to process data and unlock insights from diverse sources.
Spindletop AI (https://spindletop.com)
Spindletop AI uses edge-based machine learning to make each well an autonomous, self-optimizing unit, cutting costs, emissions, and cloud dependence. This decentralized approach boosts efficiency, freeing teams for high-impact tasks.
Taikun (https://taikun.ai)
Taikun.ai combines generative AI with SCADA data to create virtual industrial engineers, augmenting human teams for pennies an hour. These virtual engineers autonomously troubleshoot, optimize production, and generate reports to reduce costs and downtime.
Telemetry Insight (https://telemetryinsight.com)
Telemetry Insight’s WellTempo utilizes high-resolution accelerometer data to simplify oilfield monitoring and optimize marginal wells for
Visual Logging (https://www.visuallogging.com/)
Visual Logging utilizes fiber optic and computer vision technology to deliver real-time monitoring solutions, significantly enhancing data accuracy by providing precise insights into well casing integrity and flow conditions.
About NOV
NOV (NYSE: NOV) delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOV’s deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition towards a more sustainable future. NOV powers the industry that powers the world.
About Venture Builder VC
Venture Builder VC is a venture investor and accelerator consulting firm that drives corporate innovation. We connect corporations with startups, aligning tailored solutions to strategic challenges. Our venture client model provides immediate access to a network of early-stage startups and emerging technologies, accelerating growth while minimizing risk. By focusing on procurement over direct investment, we enable rapid scalability, faster market entry, and measurable results. Corporate innovators also benefit from leveraging external funding sources, enhancing their innovation efforts without solely relying on internal budgets.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241112235851/en/
Cyndy Sandor
Chief Marketing Officer
Venture Builder VC
cyndy@venturebuilder.vc
Source: Venture Builder VC
FAQ
What is the NOV Supernova Accelerator program?
How many startups are participating in NOV's Supernova Accelerator?
What are the main focus areas of NOV's Supernova Accelerator program?
