What EIC Rose Rock does

EIC Rose Rock is an early-stage venture capital fund established in October 2022 with $50 million of committed capital, headquartered in Tulsa, Oklahoma. The fund invests in seed and early-stage companies developing technologies to optimize and decarbonize the energy sector — including hydrogen production, carbon capture, critical minerals, industrial control software, weather analytics, and methane detection. The fund's product stack comprises three coordinated programs: (1) the EIC Rose Rock Venture Fund, which makes direct equity investments in portfolio companies; (2) EIC Fusion, a corporate innovation partnership program that connects portfolio startups with energy company partners for pilot projects and technology validation; and (3) Rose Rock Bridge, a Tulsa-based energy tech incubator that provides $100,000 in non-dilutive funding and free office space to early-stage companies. Together these programs create a continuum of capital and support from pre-seed through Series A.

The fund is structurally unique as a long-term partnership between four Fortune 500 energy company founding partners (Devon Energy, ONEOK, Williams, Helmerich & Payne), the George Kaiser Family Foundation (a $4 billion philanthropic organization), Tulsa Innovation Labs (the Foundation's tech-focused development arm), and Energy Innovation Capital (the fund manager, with over $275 million under management across its broader platform and a 27-company portfolio). This structure gives portfolio companies direct distribution access to over $140 billion in combined corporate enterprise value for technology validation pilots and commercialization, alongside a curated deal flow of more than 600 startups evaluated annually.

EIC Rose Rock's business model mirrors standard venture capital economics: management fees on committed capital plus carried interest on realized returns. The core team of five to six Managing Directors and an Operating Partner (all affiliated with Energy Innovation Capital) deploys capital into direct equity investments — typically as lead or co-investor in rounds alongside other venture firms including Microsoft M12, Chevron Technology Ventures, Shell Ventures, Equinor Ventures, Aramco Ventures, Presidio Ventures (Sumitomo), and others. Its customer base is structurally bifurcated: portfolio startups receive capital, validation, and incubation support; corporate energy partners serve as both limited partners and downstream pilot customers.

Name

EIC Rose Rock

Legal name

Tulsa Innovation Labs, LLC

Website

https://eicroserock.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

EIC Rose Rock is a $50 million Tulsa-based early-stage venture capital fund that invests in seed and Series A energy technology startups, operating as a partnership among four Fortune 500 energy companies, the George Kaiser Family Foundation, and fund manager Energy Innovation Capital, and complementing equity investing with a startup incubator (Rose Rock Bridge) and a corporate innovation program (EIC Fusion).

Ownership category

akta.pro rank

Product category

Venture Capital / Energy Technology Investment

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

ESG Integration / Responsible Investment Funds (Broad ESG) (FSANAJAL)

akta.pro secondary industry

ESG/Sustainable Investment Advisory (FSAEAAAJ)

Keywords

• Venture capital fund
• Energy technology investment
• Seed stage funding
• Energy transition startups
• Corporate venture capital

Headquarters

HQ city

Tulsa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Fund Management and Equity Returns: EIC Rose Rock generates returns through equity investments in early-stage energy technology companies. The fund collects management fees and carries interest (performance fees) on returns from portfolio company exits including IPOs, acquisitions, and secondary sales. Revenue is derived from capital appreciation and distributions from successful portfolio companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

EIC Rose Rock is an early-stage venture capital fund that invests in seed and Series A energy technology companies. The fund provides equity capital, technology validation through pilots with Fortune 500 energy partners, and commercialization resources to accelerate the launch of energy technology leaders. It is based in Tulsa, Oklahoma and operates through three interconnected offerings: the EIC Rose Rock Venture Fund, EIC Fusion (corporate innovation program), and the Rose Rock Bridge incubator.

Product overview

EIC Rose Rock is an early-stage venture capital fund that provides a platform of investment and support services for energy technology startups. The offering consists of the EIC Rose Rock Venture Fund for equity investments, EIC Fusion for corporate innovation partnerships, and the Rose Rock Bridge incubator program for pre-seed support. Together these provide a continuum of funding from pre-seed through Series A, along with business support, IP guidance, and access to the world's premier energy companies.

Differentiator

Problem solved

Functional benefit

Products and services

• EIC Rose Rock Venture Fund An early-stage venture capital fund that invests in seed and Series A companies developing innovative technologies to optimize and future-proof the energy sector. Provides capital, market expertise, technology validation, and commercialization resources to portfolio companies.
• EIC Fusion

Quantifiable outcome

• Fund launched October 2022 with first investment in Aurora Hydrogen ($10M total raise for hydrogen technology)
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Energy Innovation CapitalcoreStrategic or Co-development Partner · 1 October 2022Energy Innovation Capital is the premier venture capital firm that co-founded EIC Rose Rock. EIC has over $275 million under management, offices in Houston, San Francisco, NYC, Boston, and Tulsa, and a portfolio of 27 startup companies. EIC provides dealflow access and investment expertise.
• Rose Rock BridgecoreStrategic or Co-development Partner · 1 October 2022Rose Rock Bridge is Tulsa's energy tech incubator providing $100k in non-dilutive funding and custom startup support services. The program offers free office space and business/IP support to early-stage energy tech startups, complementing EIC Rose Rock's equity investments with grants.
• Tulsa Innovation LabscoreStrategic or Co-development Partner · 1 October 2022Tulsa Innovation Labs is the George Kaiser Family Foundation's tech-focused development arm that designed the EIC Rose Rock initiative. TIL designs economic development programs supporting startup growth through public and private partnerships to position Tulsa as the nation's most inclusive tech community.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Energy Innovation Capital: EIC Rose Rock's parent platform and the largest direct peer - same management, same sector focus on energy technology venture investing, broader $275M fund AUM across five offices (Houston, SF, NYC, Boston, Tulsa) and a 27-company portfolio. Same investment thesis, target stage, and proprietary deal-flow advantage.
• Generate Capital: Large-scale sustainable infrastructure investment firm operating as a multi-strategy platform across infrastructure, venture, and growth equity in energy transition. Comparable broader platform approach to EIC Rose Rock's fund + incubator + Fusion partnership stack.

Direct peers

• Breakthrough Energy Ventures: Bill Gates-backed early-stage VC fund investing in deep-tech climate solutions. Highly comparable as it invests seed/Series A in energy transition and industrial decarbonization startups, with corporate LP backing (Microsoft, Amazon, BlackRock) that mirrors EIC Rose Rock's corporate-LP validation model.
• Energy Impact Partners: Global early-stage/growth VC firm with a coalition of 30+ utility and energy corporate LPs investing across energy tech, mobility, and sustainability. Closest comparable to EIC Rose Rock's coalition-driven model of corporate partnership for deal access and validation.
• Congruent Ventures: Early-stage VC firm focused on solutions that decarbonize industrial systems, often with co-investors from strategic energy corporates. Comparable thesis and stage targeting to EIC Rose Rock's energy-tech seed/Series A focus.
• Prelude Ventures: Early-stage VC firm deploying pre-seed and seed capital into climate-tech and energy startups. Directly comparable on stage (seed), sector (energy transition), and capital deployment model - similar check sizes to EIC Rose Rock's seed investments.
• Clean Energy Ventures: Early-stage venture capital firm exclusively focused on next-generation clean energy technologies, with a portfolio spanning hydrogen, carbon capture, and renewables. Operates in the same investment niche as EIC Rose Rock with overlapping thesis areas.

Others

• Chevron Technology Ventures: Strategic corporate venture arm of Chevron with deep energy-tech investing history - co-invested with EIC Rose Rock in Aurora Hydrogen. Comparable as a corporate-VC investor in early-stage energy tech but with captive strategic capital rather than fund-LP model.
• Equinor Ventures: Corporate venture arm of Equinor investing in clean energy and low-carbon technologies. Co-invested with EIC Rose Rock in Captura. Comparable as a strategic-LP-style energy-tech investor and a partner in shared portfolio companies.
• Tulsa Innovation Labs: Economic-development arm of the George Kaiser Family Foundation that designed and co-launched the EIC Rose Rock initiative. Operationally adjacent rather than competing - serves as the parent economic-development platform behind the fund.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/EICRoseRock
• LinkedInlinkedin.com/company/energy-innovation-capital
• Instagraminstagram.com/eicroserock

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments16 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EIC Rose Rock