# Enhanced Energy Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/enhanced-energy-group

- Industry: Industrial Machinery
- Headquarters: US
- Website: www.enhancedenergygroup.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Apr 11, 2016)
- Investors on record: 1

## About

Enhanced Energy Group, now known as CarbonPoint Solutions, focuses on innovative enhanced oil recovery and carbon capture technologies, aiming to optimize oil extraction while addressing environmental concerns.Enhanced Energy Group, established in 2011 in the US, specializes in enhanced oil recovery and carbon capture technologies. The company has undergone no significant pivots or changes in its business operations. The latest funding round was a Seed investment of USD 0.3 mn raised from Slater Technology Fund on April 11, 2016, which was the total amount raised to date. The founder's history is not disclosed, and there are no mentions of subsidiaries or parent companies.Enhanced Energy Group, now operating as CarbonPoint Solutions, delivers enhanced oil recovery (EOR) and carbon capture and sequestration (CCS) technologies. Their offerings focus on methods that optimize oil extraction while significantly reducing carbon emissions, serving a diverse range of clients including oil and gas companies, industrial manufacturers, and government entities. Their operations extend beyond the Northeast US into areas such as the Gulf Coast and international markets in Europe and Asia, addressing greenhouse gas mitigation strategies.CarbonPoint Solutions generates revenue through business-to-business transactions, establishing long-term partnerships within the energy and industrial sectors. They engage clients through contracts that incorporate performance-based fees or project financing arrangements. Their services range from initial assessments to technology deployment and operational support, with flagship products commanding premium pricing due to their advanced capabilities in aiding client compliance with environmental regulations.Enhanced Energy Group plans to leverage the recent Seed funding of USD 0.3 mn to develop new products aimed at enhancing their carbon capture technologies, with launches expected within the next two years. They are also targeting expansion into international markets in Europe and Asia by 2025, where demand for sustainable energy solutions is steadily increasing. The funding will support research and development efforts to create more efficient technologies that align with growing environmental standards.

## Funding rounds

- Seed, Apr 11, 2016, $0.3M — Slater Technology Fund
- Seed, Jul 29, 2013, $0.1M — Slater Technology Fund

## Investors

- Slater Technology Fund (https://capitalatlas.ai/funds/slater-technology-fund) — Seed