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Innovation Program

Cobalt's Innovation Program – a unique technology accelerator and incubator helping ambitious companies and inventors get their solutions into the oil and gas market... faster.


Cobalt Venture Capital makes seed stage investments in new innovations that “re-imagine” upstream oil and gas projects. Providing expertise and support both as a technology accelerator and incubator for inventors and companies looking to enter the oil and gas industry.


The oil and gas industry requires new technology and innovative solutions to fix the challenges of today, maximise economic recovery and reduce the capital and operating costs per well.

Cobalt Venture Capital

Cobalt Venture Capital

Cobalt Venture Capital is a private partnership that combines science with engineering to create start-up companies with new thinking and technology innovations for the upstream oil and gas industry.

"We invest in exceptional entrepreneurs with world-changing ideas."

Our experienced mentors and partner companies can provide expert advice and support throughout the program.  The oil and gas industry offers genuine opportunities for step change improvements which are otherwise neglected. 

At the different stages of the innovation program, Cobalt offers access to experienced business mentors, co-working space, forward thinking business partners, rapid prototyping, trademarks, design and patent consulting, test facilities, fabrication, field trials, research funding, accounting and showcase events with clients to help commercialise new technologies. 


This is game changing. The future of the oil and gas industry in Australia starts here. If you want to help accelerate that future – get involved. 


Using our extensive network to make connections with investors and companies, this program will be able to fast-track development, arrange funding, and the developer/inventor will retain all intellectual property.


The program offers meetings with industry leaders and several startups which have secured product field trials with major operating companies – an essential step towards fully commercialising new technology solutions.

Wellsite Field Trials and Product Validation

We want to accelerate your market entry into the oil and gas industry for small companies and inventors that have technology which requires industry input and validation to make it applicable in the oil and gas sector.

The Cobalt Innovation program offers unrivalled access to customers and funding to support concept assessment. product design, study work, prototyping, opportunity qualification/ quantification, business model validation and fast track to field trials with potential clients.

Wellsite Field Trials

Cobalt Venture Capital has a mission to create new innovations and develop science technology for the oil and gas industry. A partnership that combines science with engineering to create start-up companies, new products and innovative technologies that will position the oil and gas industry for a sustainable future.

Cobalt Venture Capitals seeks to fill technology gaps with revolutionary companies and innovative products. By stimulating new technologies and harnessing both creativity and deep science thinking, we will address current and future challenges in the oil and gas industry. 


For companies and individuals entering the program, the journey is just beginning. There are no limitations to what they can achieve. They have the potential to shape a new future for the oil and gas industry.


The next Cobalt Innovation program will begin in May 2019. 

Your ideas could help deliver a technology innovation for the Australian oil and gas industry. 
If you've got an idea that you think could make a difference then let us know, we want to hear from you!  

Cobalt Extreme is an Australian energy services company specializing in abrasion resistant technologies and sand separation solutions for the oil and gas industry and related products for industrial markets. Cobalt operates through a network of manufacturing and service facilities located in Australia, USA and Canada, and is valued for quality products, patented technology and proven capability to provide innovative solutions.