Rice Investment Group
Family officeCarnegie · Seed–Late Stage · 8 people tracked
Find your way into Rice Investment Group
1,051 people in our graph share verified history with the Rice Investment Group team — schools, employers, funds. One of them is your warm intro.
Investment thesis
RIG is a multi-strategy fund investing in sector-defining energy companies, drawing on the Rice family's operating experience building Rice Energy and Rice Midstream in the Appalachian Basin natural gas sector. It invests across all verticals of the energy ecosystem, targeting situations where its technical, operational, and strategic expertise can create shareholder value. The team has led early-stage investments (e.g., seed funding in Archaea Energy) and sponsored three SPACs, including Rice Acquisition Corp I (Archaea/Aria, sold to bp), Rice Acquisition Corp II (NET Power), and Rice Acquisition Corp III. Team members often take operating roles at portfolio companies to drive value creation.
Source: firm website, verified Aug 3, 2026.
Team · 8 people
from the firm's website
What they invest in
from 20 of 23 portfolio companiesEnergy ×15Cleantech ×7Enterprise Software ×7Data & Infrastructure ×4SaaS ×4AI & Machine Learning ×3Climate Tech ×3New Materials ×3
HQs:United States×16United Kingdom×1
Investments · 23 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 12022 · 13 dated
Net Power develops clean firm power generation that uses natural gas combined with carbon capture, based on the Allam Cycle (a direct-fired supercritical CO2 cycle).
CleantechClimate TechEnergyDurham, US
Danny Rice(President & Chief Executive Officer)Marc Horstman(President & Chief Operating Officer)Lee Shuman(Chief Financial Officer)inRon Rucker(General Counsel)inBruce Jenkins(Chief of Staff)inAmy Keyser(Chief Human Resources Officer)in
Renewable natural gas platform; RIG led its 2019 seed investment, later acquired by bp for ~$4.1bn.
Renewable natural gas company combined with Archaea Energy via Rice Acquisition Corp.
Austin Elements recovers high-specification battery precursors and critical minerals from spent lithium-ion batteries through recycling processes.
Circular EconomyCleantechNew MaterialsHouston, US
Dr. Jacob Jin(CEO, Founder, Director)in
Iron Oak Energy is a proppant and solutions provider supplying frac sand and resin-coated proppants to oil and gas operators in North American shale plays.
EnergyNew MaterialsBlackmountain, US
Advanced ManufacturingPetaluma, US
Tom Keefer(Executive Officer, Director)Daniel Brinker(Executive Officer, Director)Mike Keefer(Executive Officer, Director)Bob McHenry(Executive Officer, Director)
Co-investorsCanada Growth Fund
Cloverleaf Infrastructure develops large-scale clean energy and data infrastructure projects.
Data & InfrastructureEnergyHouston, US
Brian Janous(Founder)in
Cold Bore Technology builds digital completions data software for oil and gas well completion operations, including SmartPAD (a digital twin providing a standardized real-time dataset), IntelliSONIC (high-frequency pressure and acoustic monitoring), and OffsetWELLS (real-time FDI monitoring).
Data & InfrastructureEnergySaaSCalgary
Brett Chell(Director)inALEX FORTIN(Chief Technology Officer)inSHANE CASSELL(Chief Revenue Officer)inBLAIR LAYTON(Interim Chief Executive Officer and Chief Financial Officer)inCameron Brett Chell(Director)
BoardJAMIE LEARMOUTH(Director)
Co-investorsCanadian Business Growth Fund
ComboCurve provides technical forecasting and economic modeling software for the energy industry.
EnergyEnterprise SoftwareSaaSHouston, US
Armand Paradis(CEO and Co-Founder)
Co-investorsBessemer Venture PartnersDragoneer Investment Group
Endurance Investment Partners is a private equity firm focused on sourcing, executing, and monitoring investments in energy and energy transition infrastructure assets.
Cloud ComputingEnergyEnterprise SoftwareDallas, US
John Spradling(Co-Founder and Partner)Trey Hatcher(Co-Founder and Partner)
Infinitum designs and manufactures energy-efficient electric motor systems built around a printed circuit board (PCB) stator, aimed at reducing electricity consumption in HVAC, data centers, commercial/industrial, and mobility applications.
CleantechData & InfrastructureEnergyEnterprise SoftwareHardwareIoTAustin, US
Co-investorsMarunouchi Innovation PartnersGalvanize Climate Solutions
Kelvin provides a platform for building autonomous control applications that integrate machine learning models with industrial edge equipment.
AI & Machine LearningEnterprise SoftwareIoT
Co-investorsClimate InvestmentGraph VenturesRoyal Street Ventures Management Company, Llc
EnergyAustin, US
Luther Birdzell(Executive Officer, Director)Vic Hughes(Executive Officer, Director)
BoardNiall Doran(Director)
Overview Energy develops space-based solar power systems that beam energy from space to Earth, drawing on expertise in aerospace, energy systems, and manufacturing.
CleantechEnergySpace TechCovina, US
Abdullah Al-ShakarchiinDr. Paul JaffeinDr. Patrick MockinHannah MacKayinSagi KfirinAndrew Cantino(Executive Officer, Director)in
Co-investorsAngel Collective Opportunity FundAurelia FoundryColle Capital PartnersJetstreamLowercarbon CapitalPrime Movers Lab+3 more
Persefoni provides carbon accounting and climate training tools for portfolio company engagement.
AI & Machine LearningClimate TechEnterprise SoftwareFintechSaaSMesa, US
Kentaro Kawamori(Executive Officer, Director)inJason Frederick Offerman(Executive Officer, Director)Kim Stroh(Founder)in
BoardGreg Lyons(Director)Daniel Ahn(Director)inAudrey Constant(Director)
Co-investorsCarnrite VenturesEnergize CapitalParkway Venture CapitalPrelude VenturesClearvision Ventures
Piñon Resources is an oil and gas company focused on exploration and production operations in major U.S. basins, particularly the Permian Basin.
EnergyMidland, US
Thomas Favrot(Chief Executive Officer)Doug Schmidt(Vice President, Land and Business Development)
Simpliciti builds custom operational systems that embed AI and governance into companies' existing business processes, enabling teams to work with visible, structured workflows rather than managing fragmented tools and manual workarounds.
AI & Machine LearningEnterprise SoftwareSaaS
James Newsome(Co-Founder)Chelsea Wyssmann
Co-investorsCarnrite Ventures
Tejas Production Services engineers, manufactures, and services oil and gas production and processing equipment, with fabrication facilities in Texas and Pennsylvania and service operations across major US production basins.
Advanced ManufacturingDeep TechEnergyHardwareGulf Coast, US
Trinity Gas Storage develops natural gas storage infrastructure in Texas with high-capacity reservoirs designed to serve power generation, pipeline, utility, and LNG customers.
CleantechEnergyNE Texas, US
Jim Goetz(President and Chief Executive Officer)Larry Noble(Chief Operating Officer)
Exits · 2
IPOs and acquisitions across the tracked portfolioNET PowerNYSE: NPWRArchaea Energyacq. by bp
Portfolio news
latest coverage across their companies
CGF · privatecapitaljournal.com · Aug 20, 2026
NET Power · themarketsdaily.com · Aug 14, 2026
Overview Energy · heatmap.news · Dec 10, 2025
Frequently asked questions
- How many investments has Rice Investment Group made?
- Rice Investment Group has 21 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
- What stage does Rice Investment Group invest at?
- Rice Investment Group invests at the Seed, Late Stage stages.
- What sectors does Rice Investment Group focus on?
- Rice Investment Group focuses on Cleantech, Climate Tech, Energy.
- Where is Rice Investment Group located?
- Rice Investment Group is headquartered in Carnegie, US.
- Who does Rice Investment Group co-invest with?
- Rice Investment Group most often shares deals with Carnrite Ventures, Bessemer Venture Partners, Graph Ventures, among 20 tracked co-investors.
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