Streamline, a technology provider specializing in hydrogen sulfide treatment for natural gas and water, announced a new strategic partnership with Pearl Energy Investments and Energy Innovation Capital. This partnership with Pearl and EIC, both premier growth enablers in the energy sector, helped fund the acquisition of proprietary chemical supplier Advanced Oxidation Technology, and is expected to fuel the continued expansion of Streamline’s flagship technology, the Valkyrie.
Streamline’s Valkyrie technology removes H2S from natural gas, produced water, and wastewater. Representing a step change improvement in H2S treatment, Valkyrie is environmentally forward and rapidly expanding as a cost-effective industry solution.
Founded in 2015, Streamline deploys advanced technologies for water and gas treating and related processes to help oil and gas, utilities, industrial, and municipal customers, both domestically and internationally.
Dave Sisk, Streamline CEO and Co-Founder, noted, “Streamline is uniquely positioned to solve the growing problem of high H2S in energy and industrial markets. Our new partners will leverage deep industry contacts to introduce the Valkyrie technology to a broad range of customers with H2S treatment needs.”
“The Streamline team is an impressive combination of industry veterans and entrepreneurs with extensive technical and commercial expertise,” said Billy Quinn, Managing Partner at Pearl. “Our investment reflects our confidence in Streamline’s businesses plan and our dedication as a long-term partner.”
George Coyle, a Managing Partner at EIC, added, “Streamline’s superior solution to remove H2S enables its customers to improve operations and safety, and lower costs. We are excited to support growth at Streamline as they continue to rapidly gain market share.”