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Oil and Gas Startups

Updated July 2026

Companies in the oil and gas sector developing innovative solutions and technologies.

Explore 532 recently funded oil and gas companies with verified founder contact information and fundraising data.

Total Companies
532
Total Funding
$4.3B
Avg Funding
$170.1M
Global Reach
5
countries

Top Cities for Oil and Gas

Wayzata
Calgary
Midland
Austin
Subiaco
Oklahoma City

Recently Funded Companies

Export
Wayzata, United States

Tonka Energy Partners specializes in acquiring non-operated oil and gas well interests.

$3.6M raised
May 2022

Founder Contacts

30,000+ verified contacts

Calgary, Canada

Savage Exploration is an oil and gas company that offers oil exploration and extraction services in certain areas.

$293K raised
Apr 2026

Founder Contacts

30,000+ verified contacts

Midland, United States

New Era Energy & Digital is an energy company that provides helium exploration and production that operates in helium reserves.

$290.0M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

Austin, United States

Atlas Energy Solutions produces proppant and provides logistics services for the oil and gas industry.

$390.0M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

Subiaco, Australia

K2fly delivers complete infrastructure asset management through our industry-specific software and services.

$4.6M raised
Apr 2022

Founder Contacts

30,000+ verified contacts

Oklahoma City, United States

Mach Resources is an independent oil and natural gas producer & fast-paced and growth-oriented company.

$117.5M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

Monmouth Junction, United States

Parabole is a self-serviced causal ai platform. We apply causality to help enterprises solve complex optimization challenges using causality

$2.5M raised
Apr 2025

Founder Contacts

30,000+ verified contacts

Cheyenne, United States

Frontieras North America is an energy and environmental technology company that produces gas, liquid, and solid energy products.

$25.0M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

North Vancouver, Canada

Hydron Energy is a cleaner fuel company helping hard-to-decarbonize sectors of transportation and industry.

Apr 2026

Founder Contacts

30,000+ verified contacts

Houston, United States

Active Iron Energy to acquire and manage conventional oil and gas assets to generate a stable, long term economic return to investors.

$600K raised
Apr 2025

Founder Contacts

30,000+ verified contacts

Oklahoma City, United States

South Wind Exploration & Production is an organization that deals with oil and gas.

$400.0M raised
Apr 2025

Founder Contacts

30,000+ verified contacts

Calgary, Canada

Westgate is a high-growth junior exploration firm that targets long-life, oil-weighted assets with an internal rate of return.

$1.5M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

Tulsa, United States

Sage Natural Resources is an exploration and production company that acquires, develops, and optimizes assets.

$450K raised
Apr 2022

Founder Contacts

30,000+ verified contacts

Dallas, United States

Greenland Energy Company is an oil and gas company engaged in the exploration and drilling of hydrocarbon resources.

$70.0M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

St Louis, United States

Covercress is a biotechnology company that manufactures an oilseed crop for food, bioenergy, and cattle feed.

$26.0M raised
Apr 2022

Founder Contacts

30,000+ verified contacts

Calgary, Canada

EnviCore is an R&D company that specializes in developing technologies that are essential for improving natural resource development.

Apr 2025

Founder Contacts

30,000+ verified contacts

Midland, United States

Caprock Plugging provides well plugging and abandonment services for oil and gas operators.

$4.0M raised
Apr 2025

Founder Contacts

30,000+ verified contacts

Central, Hong Kong

CK Hutchison is a renowned multinational conglomerate committed to innovation and technology.

$2.0B raised
Apr 2024

Founder Contacts

30,000+ verified contacts

Mandeville, United States

The Gulf Offshore Research Institute is a not-for-profit organization focused on repurposing retired offshore oil and gas platforms.

$20.0M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

Vancouver, Canada

Zefiro Methane specializes in providing environmental services such as oil and gas along with generating carbon credits.

$2.4M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

Calgary, Canada

Certarus is a provider of low carbon energy solutions through a fully integrated compressed natural gas (CNG) platform.

$1.2M raised
Apr 2024

Founder Contacts

30,000+ verified contacts

Sandnes, Norway

Vår Energi is the largest, independent exploration and production (E&P) company on the Norwegian continental shelf.

$881.8M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

Sandwich, United States

Actual Energy offers a wide array of services aimed at using energy smarter.

$1.1M raised
Apr 2022

Founder Contacts

30,000+ verified contacts

St. John's, Canada

Energy Research & Innovation is an organization that offers research, development, and demonstration services for the oil and gas industry.

$3.0M raised
Apr 2023

Founder Contacts

30,000+ verified contacts

Dartmouth, Canada

Valent Low-Carbon is an industrial technology development company focused emerging renewable fuels and refining process innovations.

$6.6M raised
Apr 2023

Founder Contacts

30,000+ verified contacts

Showing 201 to 225 of 532 companies

About the Oil and Gas Startup Ecosystem

The oil and gas sector is an active area of startup innovation and venture capital investment. Companies in this space are developing new technologies, platforms, and services that address evolving market needs and create new business opportunities.

Funding Trends in Oil and Gas

Oil and Gas companies raise capital across various funding stages, from early seed rounds to late-stage growth financing. Investor interest in this sector is driven by the size of the addressable market, the pace of technology adoption, and the potential for scalable business models.

Growth Outlook

The oil and gas sector is expected to continue evolving as technology advances, market dynamics shift, and new opportunities emerge. Companies that demonstrate strong product-market fit, efficient growth, and clear competitive advantages are well-positioned to attract continued investment.

Oil and Gas Funding Breakdown

Here is how funding is distributed among the 532 oil and gas companies tracked in the VCBacked database.

Average Funding
$170.1M
Total Funding Tracked
$4.3B
Countries Represented
5

Distribution by Funding Stage

Other25 companies

Top Cities for Oil and Gas

1.Calgary
4 companies$3.0M
2.Midland
2 companies$294.0M
3.Oklahoma City
2 companies$517.5M
4.Wayzata
1 companies$3.6M
5.Austin
1 companies$390.0M

Related Industries

Companies in the oil and gas sector often overlap with or complement businesses in adjacent industries. Exploring related verticals can help you discover additional companies, identify partnership opportunities, and understand the broader competitive landscape.

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