Rice Investment Group
Overview
Rice Investment Group (RIG) is a multi-strategy investment fund backed by the Rice family. The Rice brothers founded Rice Energy, an Appalachian Basin focused natural gas operator that later merged with EQT Corporation to form the largest natural gas producer in North America. RIG invests in all verticals of the energy sector and focuses on situations where its technical, operational, and strategic expertise can add shareholder value. The team has also sponsored two SPACs, Rice Acquisition Corp I (combined with Archaea Energy and Aria Energy, later sold to bp for $4bn) and Rice Acquisition Corp II (combined with NET Power for $1.5bn, NYSE: NPWR).
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Persefoni | Mar 2025 | Series C Extension | Co-investor |
| Piñon Resources | - | Private Equity | Lead |
| Infinitum | Jul 2024 | Series E Extension | Co-investor |
| ComboCurve | Nov 2021 | Series A | - |
| Austin Elements Inc. | Apr 2024 | VC Round | Lead |
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Key People
Kentaro Kawamori
Venture Partner
Charles Burrus
Partner
Derek Rice
Partner
Kyle Derham
Partner
Ryan Kanto
Partner
Ryan Rice
Partner
Toby Z. Rice
Partner
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Rice Investment Group based?
Rice Investment Group is headquartered in Carnegie, Pennsylvania, United States.
When was Rice Investment Group founded?
Rice Investment Group was founded in 2018.
How many portfolio companies does Rice Investment Group have?
Rice Investment Group has 9 portfolio companies in Caplight's dataset.
What are some companies in Rice Investment Group's portfolio?
Portfolio companies visible on Caplight include Persefoni, Piñon Resources, Infinitum, ComboCurve, Austin Elements Inc..
What was Rice Investment Group's most recent investment shown here?
Rice Investment Group's most recent investment in this portfolio sample was in Persefoni in 2025.
What sectors does Rice Investment Group focus on?
Rice Investment Group focuses on Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Energy & Sustainability, Real Estate & PropTech, Energy & Sustainability, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech.
What company stages does Rice Investment Group focus on?
Rice Investment Group typically invests at the Early stage.
What is Rice Investment Group's AUM?
Rice Investment Group's assets under management are estimated between $100.0M and $250.0M.