Latest news with #Pontem
Business Wire
15-07-2025
- Business
- Business Wire
Pontem Energy Capital Holds Initial Close for Its Second Private Equity Fund
HOUSTON--(BUSINESS WIRE)--Pontem Energy Capital, a specialized energy sector investment firm is pleased to announce the first close of its second fund, Pontem Energy NonOp Fund I ('the Fund'). The Fund, which will invest in upstream oil & gas assets throughout North America, is aiming for a final close at $250 million. The Fund will primarily seek to acquire non-operated working interests in upstream oil, natural gas and natural gas liquids assets, which may consist of well bore interests in producing or pre-drill assets. The Fund's investment strategy is to utilize deep industry relationships and a proprietary technical analysis process to partner with top tier operators in key basins to generate significant current yield with a self-amortizing profile and periodic investor distributions, with the objective of maximizing investor returns and minimizing exit-value concentration. Pontem is pleased to welcome the Alamo Resources team ('Alamo') to the Pontem platform. The Alamo team has over 20 years of experience in acquiring and developing oil & gas assets throughout the United States. With a focus on utilizing modern technology to review prospective development wells, Alamo has a long track record of identifying attractive investment opportunities and generating superior returns for investors. About Pontem Energy Capital Pontem Energy Capital ('Pontem') is a Houston-based private equity firm that is pursuing investments in the global energy sector. The Pontem team includes technical personnel and investment professionals with experience owning and operating oil & gas assets around the globe. Pontem Alaska LP was raised in 2024 to acquire upstream and midstream assets on the North Slope of Alaska. Pontem continues to evaluate investment opportunities in the Cook Inlet and on the North Slope. Pontem NonOp Fund I will invest in non-operated working interests in key oil & gas basins throughout the United States. In addition to Alaska and the non-operated strategy, the Pontem team is reviewing opportunities to make controlling equity investments in the global energy sector.
Globe and Mail
21-05-2025
- Business
- Globe and Mail
Lightspeed-Backed Pontem Acquires Martian, a Popular Aptos Wallet with Over 2M Installs
Abu Dhabi, United Arab Emirates--(Newsfile Corp. - May 21, 2025) - In a defining step for the next generation of Move-based blockchains, Pontem Network - a core product studio for Move ecosystems - has acquired Martian Wallet, a self-custodial wallet with over 2 million installs. To view an enhanced version of this graphic, please visit: This strategic acquisition positions Pontem to offer the most integrated and developer-friendly infrastructure in the Move ecosystem, unifying wallets, DeFi, and development tools under one roof. "We're excited to join forces with Martian and become the leading wallet in the Aptos ecosystem. The future is bright for making Aptos great again." - Stas Oskin, Co-founder of Pontem Backed by top-tier investors including Faction, Lightspeed Venture Partners, Pantera, Animoca Brands, Mechanism Capital, and others, Pontem is now uniquely positioned to accelerate adoption across Move-based blockchains like Aptos, Sui, and others. A Shared Vision for Move Adoption Both Martian and Pontem were early believers in Move, a secure and developer-friendly smart contract language originally created at Meta. This acquisition brings together two pioneers of the Move ecosystem with a shared vision: Scale Move to millions Martian, with over 2 million installs, is a major gateway to Move-based networks and supports ecosystems like Aptos and Sui. Unify the user and developer experience Pontem will offer a complete suite of Move-native infrastructure - wallets, a high-performance DEX (Liquidswap), and developer tools - seamlessly integrated. Streamline onboarding Combining wallet, DeFi, and dev tooling will drastically reduce friction for new users and builders entering Web3 via Move. "When I started Martian in my dorm room at Columbia University, I never imagined we'd scale to millions of users and billions of dollars of transactions so quickly. I built Martian to make crypto accessible to everyone, not just technical users. Martian's acquisition by Pontem allows the product I built to create an even more integrated experience by leveraging their significant swap volumes and creating more revenue generation for the wallet." - Utkarsh Sinha, Co-founder of Martian What's Next For now, Martian and Pontem Wallet will remain separate products. Pontem is actively working on ways to maximize synergies and deliver even more value to users and developers across the Move ecosystem. Immediate priorities include: Integration with Liquidswap, the leading DEX on Aptos and a core component of the emerging AMVM ecosystem Enhanced multi-chain support and onboarding tools for Move-based chains Unified tooling and UX improvements for both developers and users About Pontem Pontem Network is a core development studio for Move-based ecosystems. It builds foundational dApps and tools - including the Liquidswap DEX, Pontem Wallet, and Move code tools - to accelerate Move adoption and lower barriers to Web3. About Martian Martian Wallet is a leading self-custodial wallet trusted by over 2 million users. It provides seamless access to tokens, NFTs, dApps, and DeFi across Move-based networks like Aptos and Sui, with a focus on speed, simplicity, and transparency.
Business Wire
30-04-2025
- Business
- Business Wire
Fidus Global Pioneers Next Wave of Warehouse Automation With Acquisition of Software Assets From Fulfilld
PARAGOULD, Ark.--(BUSINESS WIRE)-- Fidus Global, an innovative warehouse software solution and full-service controls engineering firm, today announced the acquisition of Fulfilld, Inc, makers of a Warehouse Management System (WMS) and AI-Powered Slotting Solution. The acquisition will provide a strong technical foundation that enables Fidus to expand beyond equipment control into broader warehouse management, accelerating progress to create the industry's first truly open-architecture automation suite that is poised to revolutionize the future of warehouse automation. 'Our core philosophy at Fidus has always been that technology should adapt to how people work, not force people and businesses to adapt to the technology,' remarks Aarron Hale, CEO of Fidus Global. With this acquisition, Fidus will gain key assets from Fulfilld—a WMS system and an AI-powered slotting solution—that accelerate progress toward Fidus' own open-architecture solutions that aim to provide customers true ownership, flexibility, and long-term control over their warehouse automation technology. Additionally, several key engineers from Fulfilld will join the Fidus team. 'Our core philosophy at Fidus has always been that technology should adapt to how people work, not force people and businesses to adapt to the technology,' remarks Aarron Hale, CEO of Fidus Global, 'and now with the integration of sophisticated core assets from Fulfilld, we are able to take meaningful steps to create a comprehensive approach that ultimately frees businesses from the limitations of closed, vendor-controlled systems across their entire warehouse operation. We are excited to welcome our new team members from Fulfilld, and plan to make significant strides towards an unrivaled open-architecture Enterprise Control Platform.' Fidus Global is committed to building the industry's first truly open-architecture Enterprise Control Platform (ECP)—a comprehensive automation suite that will give operators control over every aspect of their material handling ecosystem. To learn more about Fidus Global and the Fulfilld acquisition, please visit For press inquiries, please contact Kailee Ayers at kayers@ Fidus Global is a warehouse software solutions firm and a full-service controls engineering firm with a diverse range of expertise that spans across retail, eCommerce, logistics, and manufacturing. Fidus provides clients with exceptional solutions in industrial automation with a team composed of seasoned engineers from leading corporations including Amazon, FedEx, Tyson Foods, and Walmart. Through the launch of Pontem (Best IT Innovation Award 2025, MHI), the industry's first open architecture Warehouse Control System (WCS) that puts the customer back in control with both flexibility and scalability, Fidus Global is reshaping the future of warehouse automation.
