Halliburton Labs

What Halliburton Labs does

Halliburton Labs is a Houston-based clean energy and climate technology accelerator and wholly-owned subsidiary of Halliburton (NYSE: HAL), founded in 2020. The program selects early-stage ventures across energy generation, storage, distribution, materials conservation, and industrial decarbonization through an open application process, with cohort selection occurring three times per year. Selected companies execute an equity transaction with Halliburton Labs in exchange for cash and in-kind support; notably, the program does not demand intellectual property rights, board seats, or observer rights, positioning it as founder-friendly relative to traditional corporate venture arms.

The core product offering combines bespoke mentorship with physical infrastructure: a 6,000-square-foot wet and electromechanical laboratory, a 9,000-square-foot industrial makerspace with 15-foot bays, two 5-ton overhead cranes, and 480V 3-phase power, plus a 25,000-square-foot paved laydown yard. Participants gain access to Halliburton's global infrastructure—45,000 employees across more than 70 countries—unlocking supply chain, manufacturing, purchasing, assembly, logistics, and customer introductions at preferred rates. The program runs approximately 12 months per cohort, with continued guidance available beyond the initial period, and concludes with a Pitch Day showcase presented to a curated panel of investors, industry experts, and potential customers.

Halliburton Labs is operated by a small leadership team (1–10 employees total) drawn from senior Halliburton operating roles. To date, the program has supported over 40 participant and alumni companies. Strategic capital deployment includes participation in portfolio funding rounds such as DISA Technologies' $30 million Series A2 (August 2025) and $33 million strategic financing (April 2026). Revenue and equity terms are not publicly disclosed; the entity functions as a strategic corporate venturing platform rather than a standalone revenue-generating business.

Name

Halliburton Labs

Legal name

Halliburton Labs

Website

https://halliburtonlabs.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Halliburton Labs is a Houston-based clean energy and climate technology accelerator and wholly-owned subsidiary of Halliburton, providing early-stage ventures with equity investment, in-kind support, lab and industrial facilities, and access to the parent's global infrastructure of 45,000 employees across 70+ countries.

Ownership category

akta.pro rank

Product category

Clean Energy Accelerator Services

akta.pro primary industry

Corporate Accelerators & Startup Programs (FSANAHAD)

Keywords

• Clean energy accelerator
• Climate venture scaling
• Startup commercialization program
• Corporate venture building
• Energy innovation labs

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Others

Revenue model

1. Equity Investment Program: Halliburton Labs executes an equity transaction including cash and in-kind support with participant companies in exchange for access to company-specific industrial scaling resources and support. The program provides a founder-focused, low-friction environment with no demands for intellectual property rights, rights of first refusal, or board/observer seats.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Halliburton Labs is a customized accelerator program for early-stage clean energy and climate ventures that provides participants with mentorship from energy industry practitioners, access to world-class laboratory and industrial facilities in Houston, and entry to Halliburton's global infrastructure of 45,000 employees across 70+ countries. The program operates approximately 12-month cohorts and executes equity transactions including cash and in-kind support in exchange for equity stakes, without demanding IP rights, board seats, or observer rights.

Product overview

Halliburton Labs is a clean energy and climate technology accelerator that operates as a unified accelerator platform with integrated facilities and services. The core offering is the Accelerator Program, which combines mentorship, wet laboratories, industrial makerspace facilities, a laydown yard, and quarterly Pitch Day events. Participants gain access to Halliburton's global infrastructure of 45,000 employees across 70+ countries, including engineering expertise, supply chain, manufacturing, and business network connections. The program typically lasts 12 months and includes bespoke guidance on R&D, testing, certification, design, and commercialization.

Differentiator

Problem solved

Functional benefit

Products and services

• Halliburton Labs Accelerator Program A customized accelerator program that provides early-stage clean energy and climate ventures with mentorship, laboratory facilities, global business network access, and operational support to accelerate commercialization.
• Wet Laboratories
• Industrial Makerspace 9,000-square-foot air-conditioned industrial makerspace with 15-foot-high bays, two 5-ton overhead cranes, secondary containment, forklift access, 480V 3-phase power, and water at six stations.
• Laydown Yard 25,000-square-foot paved laydown yard adjacent to the industrial makerspace, accommodating tube trailers, containers, and materials up to 52-foot flatbed size with utilities available in pilot units.
• Pitch Day

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• CellaminorStrategic or Co-development Partner · 1 January 2024Cella partnered with Halliburton Labs in 2024. The New York City-based startup successfully injected 460 kg of CO2 into basalt rock in Kenya's Central Rift Valley, becoming the first private company to demonstrate pure-phase CO2 mineralization for permanent geological storage. Cella aims to license its technology to oil and gas producers for distributed carbon capture and storage sites.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Shell GameChanger: Shell's corporate accelerator backing early-stage clean energy ventures with funding and access to Shell's global infrastructure — directly comparable to Halliburton Labs in operating model, equity-for-support structure, and focus on energy transition startups.
• Chevron Technology Ventures: Chevron's CVC arm invests in and partners with early-stage energy and cleantech companies, providing capital and operational support — directly comparable as a major-oil corporate venture program targeting similar startup categories.
• BP Launchpad: BP's accelerator for low-carbon and digital ventures, providing early-stage funding, office space, and mentorship to clean energy startups — a direct peer in cohort-based accelerator design and oil-major sponsorship.
• Equinor Ventures: Equinor's corporate venture arm investing in and accelerating early-stage clean energy companies — comparable in energy-major sponsorship, equity-based engagement, and focus areas overlapping with Halliburton Labs' clean-energy portfolio.
• Greentown Labs: Independent clean-tech incubator and accelerator in the Boston-area serving clean energy and climate startups with lab space, mentorship, and investor connections — a comparable founder-serving model in the same target customer segment, without major-oil sponsorship.
• Elemental Excelerator: Non-profit accelerator funding and scaling climate startups in energy, transportation, and resilience with equity investments and corporate partner introductions — directly comparable cohort-based, equity-driven accelerator model targeting clean energy founders.

Broad incumbents

• SLB (Schlumberger) Innovation Factori: SLB's digital and energy innovation hub partnering with startups and operators to deploy new energy technologies — comparable as a peer oilfield-services giant's startup engagement vehicle, though broader and more digitally focused than Halliburton Labs.
• TotalEnergies OneTech: TotalEnergies' integrated R&D and venture arm supporting innovation across renewables and conventional energy — overlaps with Halliburton Labs' clean-energy focus areas and represents a comparable European major-oil venture engagement model.

Emerging players

• BHP Ventures: BHP's venture arm investing in critical minerals, decarbonization, and clean energy startups (e.g., co-investor in DISA Technologies with Halliburton Labs) — comparable as a resource-industry CVC active in overlapping climate-tech and critical-minerals categories.
• Evok Innovations: Climate-tech venture firm co-founded by BP and Chevron focused exclusively on clean-emission startups at early stage — comparable investment scope and founder engagement model, frequently co-invests alongside Halliburton Labs (e.g., DISA Series A2).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/halliburton-labs
• Xx.com/HalliburtonLabs

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments17 records

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

Frequently asked questions about Halliburton Labs