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Carnelian Energy Capital Management

North America, Texas, United States, Houston

Description

Carnelian Energy Capital is a energy private equity firm.

Investor Profile

Carnelian Energy Capital Management has backed more than 15 startups, with 2 new investments in the last 12 months alone. The firm has led 12 rounds, about 80% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series Unknown, Undisclosed rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Oil and Gas, Energy, Mining.
  • Led 2 rounds in the past year.

Stage Focus

  • Private Equity (73%)
  • Series Unknown (13%)
  • Undisclosed (7%)
  • Post Ipo Equity (7%)

Country Focus

  • United States (87%)
  • Canada (13%)

Industry Focus

  • Oil And Gas
  • Energy
  • Mining
  • Natural Resources
  • Renewable Energy
  • Battery
  • Cleantech
  • Recycling
  • Finance
  • Financial Exchanges
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Carnelian Energy Capital Management frequently co-invest with?

Traxys S.A.
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 1
Mubadala Capital Ventures
North America, California, United States, San Francisco
Co-Investments: 1
Moore Strategic Ventures
North America, New York, United States, New York
Co-Investments: 1
Pilot Flying
North America, Tennessee, United States, Knoxville
Co-Investments: 1
Franklin Templeton
North America, California, United States, San Mateo
Co-Investments: 1
CPP Investments
North America, Ontario, Canada, Toronto
Co-Investments: 1
Neuberger Berman
North America, New York, United States, New York
Co-Investments: 1
Longbow Capital
North America, Alberta, Canada, Calgary
Co-Investments: 1

What are some of recent deals done by Carnelian Energy Capital Management?

Espada Energy Partners

Houston, Texas, United States

Espada Energy Partners operates as an oil and gas company.

EnergyOil and Gas
Private EquityJun 16, 2025
Zavanna

Denver, Colorado, United States

Zavanna is an oil and gas exploration and production company.

EnergyMiningOil and Gas
Private EquitySep 24, 2024
Parallax Energy

Calgary, Alberta, Canada

Parallax Energy is an exploration and production company that offers acquiring, developing, and operating assets.

FinanceFinancial ExchangesFinancial Services
Private EquityJan 9, 2024
Alta Mar Energy

Houston, Texas, United States

Alta Mar Energy is a full-cycle, upstream company that specializes in non-operated investments.

Energy
Private EquityJul 11, 2023
Blue Ox Resources

Dallas, Texas, United States

Blue Ox is an oil and gas business that is largely focused on acquisition and development in the community.

Oil and Gas
Private EquityJan 19, 2022
Li-Cycle

Mississauga, Ontario, Canada

Li-Cycle is a clean technology company that uses an environmentally friendly process to recycle lithium-ion batteries.

BatteryCleanTechRecyclingRenewable Energy
Post Ipo EquityAug 11, 2021
Amount Raised: $315,000,000
VoltaGrid

Bellaire, Texas, United States

VoltaGrid is ushering in a new era of power generation and permanently changing the landscape of mobile power.

MobilePower GridWired Telecommunications
Series UnknownFeb 2, 2021
Amount Raised: $72,600,000
Bison Oil & Gas

Denver, Colorado, United States

Bison Oil & Gas is an exploration and production company that seeks to expand its position via leasing, acquisition, and joint venture.

EnergyMiningOil and Gas
UndisclosedDec 15, 2020
Hawthorne Energy

Stamford, Connecticut, United States

Hawthorne Energy is a privately held oil and natural gas exploration and production company that focuses on the acquisition of assets.

EnergyMiningOil and Gas
Private EquityJun 30, 2020
Selenite Energy Partners

Oklahoma City, Oklahoma, United States

Selenite Energy Partners is formed to pursue middle-market special situations and structured transactions.

EnergyNatural ResourcesOil and Gas
Private EquitySep 30, 2019