Maana Named Energy-tech Corporate Venture Capital Investment of the Year by Global Corporate Venturing
PALO ALTO, Calif., November 14, 2018 — Maana, the pioneer of digital knowledge technology, has been named Energy-tech Corporate Venture Capital Investment of the Year by Global Corporate Venturing (GCV) — a renowned publication and data provider for the corporate venture capital industry.
The honor was announced and presented to Babur Ozden, Founder and CEO of Maana, at an inaugural gala dinner at the Venture Houston conference in Houston, Texas, on November 8.
“We are honored to be recognized by Global Corporate Venturing for the adoption of our digital knowledge platform by O&G and industrial companies for CAPEX and OPEX gains,” said Babur Ozden, Founder and CEO of Maana. “Using our platform, customers de-silo knowledge to develop decision models in mass scale. Models are the currency of digitalization – the more you have, the more digitized you become.”
The award celebrates the role of CVC in furthering three crucial energy trends:
- Widening the group of industries participating in the transformation of energy
- Extending the geographic reach of new energy-relevant technology
- Accelerating the adoption of new energy-relevant technology by large corporations
Maana earned this distinction after raising $33m of series C funding earlier this year from Intel Capital, GE Ventures, Chevron Technology Ventures, Saudi Aramco Energy Ventures, Shell Technology Ventures and Accenture Ventures. To date, Maana has raised over $70m, demonstrating the demand for the company’s cutting-edge digital knowledge technology.
The second annual Venture Houston conference, hosted from November 8-9 by Global Corporate Venturing (GCV) and Global University Venturing (GUV), invited representatives from the world’s leading energy companies and venture capitalist firms, to discuss disruptive technologies and business models that will fundamentally change the energy industry.
Maana is an award-winning digital knowledge platform provider focused on creating CAPEX and OPEX gains for industrial companies. Its unique Computational Knowledge Graph ™ de-silos knowledge from data sources and tacit expertise, to improve decision making across the enterprise. Maana’s investors include Intel Capital, GE Ventures, Chevron Technology Ventures, Saudi Aramco Energy Ventures, Shell Technology Ventures, Accenture Ventures, and China International Capital Corporation.
Maana is privately held with offices in Palo Alto, California; Bellevue, Washington; Houston, Texas, London, UK; and Dhahran, Saudi Arabia. Visit us at https://www.maana.io