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Capture Energy Announces Investment from Black Bay

Feb 16, 2024almost 2 years ago
JourdantonOil And GasEnergy

Investors

Black Bay Energy Capital

Description

Capture Energy, LLC announced a growth capital investment from Black Bay Energy Capital to rapidly increase the production and distribution of the Capture Compressor™, a patent-pending equipment offering designed to eliminate emissions associated with pneumatic control valves and other associated infrastructure.

Company Information

Company

Capture Energy

Location

Jourdanton, Texas, United States

About

Capture Energy, headquartered in Oklahoma City, is a technology-driven provider of patent-pending equipment solutions for oil & gas production facilities. Capture’s flagship product, the Capture Compressor™, is designed to reduce producers’ emissions footprint without sacrificing operational efficiency or project economics, powered by energy already created on location – no electricity required, and zero emissions released. Capture was founded by Dallas Watson and is a portfolio company of Black Bay Energy Capital.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers