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Rice Investment Group

Rice Investment Group

Carnegie, Pennsylvaniariceinvestmentgroup.com

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).

Year Founded

2018

AUM

$200M

Portfolio Companies

9

Investments

Rice Investment Group investments
CompanyDateStageLead
X2 Resources, LLCApr 2025Private EquityCo-investor
PersefoniMar 2025Series C ExtensionCo-investor
InfinitumJul 2024Series E ExtensionCo-investor
Infinitium Group of CompaniesJul 2024Series ELead
Austin Elements Inc.Apr 2024VC RoundLead

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

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersCarnegie, Pennsylvania
Year Founded2018
AUM$200M

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