Nabors Industries (NYSE: NBR) is a leading global oil and gas drilling contractor headquartered in Hamilton, Bermuda with operational offices in Houston, Texas. Through its Nabors Energy Transition Ventures (NETV) arm, the company invests in disruptive energy transition startups focused on geothermal, energy storage, and emissions monitoring technologies.
33% of their portfolio is in Climate & Energy. Deal activity decreased year-over-year (2 deals in the last 12 months vs 3 prior). Average disclosed round size is $41.2M (across 12 rounds with reported amounts).
Portfolio
10
Fund Size
—
Top Stage
Unknown
Last 12 Mo
2
Team
Jade Strong
Senior Vice President, Chief Administrative Officer
Mark Andrews
Vice President and Corporate Secretary
Miguel Sanchez
SANAD Chief Executive Officer
Portfolio Breakdown
Stage Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| HHephae Energy Technology LLC | Unknown | $17.8M | Jul 2026 |
| QQuaise Energy | Series B | $134M | Jul 2026 |
| GGA Drilling, a.s. | Unknown | $21.2M | Mar 2026 |
 Vast Solar | Unknown | $3.5M | Aug 2025 |
| IIgnis | Series A | $13.6M | Jun 2025 |
 Ignis H2 Energy | Series A | $13.6M | Jun 2025 |
| IIgnis | Series A | $13.6M | Jan 2025 |
| GGA Drilling, a.s. | Unknown | $15M | Apr 2024 |
| QQuaise, Inc. | Unknown | $12M | Aug 2021 |
 Quaise | Series B | $103M | — |
| IIgnis Energy | Series A | $13.6M | — |
 Quaise | Series B | $134M | — |
Top Co-Investors
Last updated: 20 October 2026