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NOV Launches Supernova Accelerator Cohort with Venture Builder VC
Slice of Energy Team
November 18, 2024
Key Highlights:
Partnership: NOV and Venture Builder VC launch a five-month accelerator program to transform upstream oil and gas with innovative startups.
Focus Areas: Solutions for Data Management, Operational Efficiency, HSE Monitoring, Predictive Maintenance, and Digital Twins.
Startups Involved: 12 cutting-edge startups including AnyLog, Spindletop AI, and Taikun.ai.
Source: Business Wire
Notable Quotes:
“At NOV, innovation is in our DNA. We’re thrilled to partner with Venture Builder VC to help bring these game-changing startups into the fold.”
“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.”
Our Take:
The NOV Supernova Accelerator exemplifies strategic collaboration, leveraging the expertise of Venture Builder VC to bridge enterprise challenges with startup innovation. By focusing on key areas like predictive maintenance and operational efficiency, this program aligns perfectly with NOV’s commitment to digital transformation in the upstream oil and gas industry. The curated selection of startups ensures a comprehensive approach to addressing industry pain points, while the inclusion of paid pilot programs demonstrates a commitment to actionable, real-world impact. This initiative solidifies Houston's position as a global hub for energy tech innovation.