Participated · Series B · Nov 2023

Immensa is a UAE-headquartered, Dubai-founded additive manufacturing and digital inventory platform focused on on-demand 3D printing for the energy industry. Founded in 2016 by Fahmi Al Shawwa, the company assesses spare parts, digitizes them on its DIS RT platform, and routes production to nearby qualified 3D printing facilities while keeping data security and quality control in-house. Immensa says it employs over 100 additive manufacturing specialists, has assessed more than one million parts and produced over 15,000 components, and recorded over $10 million in revenue last year and reached profitability. It operates hubs in Dubai and Saudi Arabia and serves clients across MENA, including Aramco, Adnoc and Schlumberger, with plans to enter North America within 12–18 months and expand to additional regional countries. The company has developed proprietary hardware and integrated AI tools into DIS RT to manage large data volumes and support production-on-demand workflows. Immensa also partners with OEMs under license, pays royalties, and aims to shrink clients' spare-parts balance sheets while reducing supply-chain carbon footprint. Immensa offers a proprietary Digital Inventory Service and a global Manufacturing‑as‑a‑Service (MaaS) network to dematerialize physical spare parts into virtual warehousing and on‑demand production. Its core product combines industrial 3D printing with machine learning and data digitization to serve energy and utilities customers. The company positions itself as a turnkey digital inventory provider, aiming to improve supply‑chain continuity and part availability. Immensa plans to expand its capabilities in Saudi Arabia and use the kingdom as a launchpad for international markets. The firm reports over 70% of its engineers are young Saudi nationals and expects its workforce to quadruple over the next 18 months. Financially, Immensa closed a $7 million Series A to fund this growth and platform expansion. Immensa operates a digital platform that leverages additive manufacturing (3D printing) to produce and deliver spare parts on demand, letting oil and gas operators reduce slow-moving inventory and minimize downtime. Clients select parts via the platform, have them produced at the nearest AM operator, and receive delivery to the point of need, which the company says reduces supply‑chain and OEM costs. The company began development in 2017, piloted in 2019, and says it has gained traction with leading global oil and energy companies and contributed to international standards for metal 3D‑printed spare parts. Immensa launched in Dubai and has operations in the UAE, Saudi Arabia, Kuwait and Kazakhstan, and opened a second facility in partnership with Sharjah Research, Technology and Innovation Park described as the region’s first industrial metal AM operation. The startup has made acquisitions in Saudi Arabia (Shakl3D and LayLabs), employs over 32 engineers, and holds what the company describes as the Petroleum Industry's IS029001 certification. Financially, Immensa reported its top line grew 300% in 2020 and said it was on track to more than double revenue the following year; it also produced nearly 5,000 medical face shields in April 2020 amid COVID‑19 demand.

Participated · Equity · Jan 2011

NEOS GeoSolutions provides exploration solutions for onshore oil & gas and mining teams by acquiring and simultaneously interpreting multiple geological, geophysical, and geochemical datasets to help clients decide where to explore, lease, and drill. Its NeoSphere™ data integration and interpretation system aggregates multi-measurement datasets and applies advanced geostatistical and intelligent-search algorithms to produce more accurate 3D subsurface images. NEOS is also developing next-generation geophysical sensors and advanced software to record more measurements with greater accuracy from the Earth’s surface and subsurface. The company plans to use the $60 million financing to fund ongoing technology development; expand data acquisition and data processing capacity; add functionality to NeoSphere™; and support global expansion of engineering, sales, marketing, field operations, and customer service. Since 2006 NEOS has assembled a team of engineers and geoscientists and invested approximately $100 million to develop its multi-measurement interpretation methodology. The company is backed by investors including Energy Capital Group, Bill Gates, Goldman Sachs, Kleiner Perkins Caufield & Byers, and Passport Capital.