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 |
| Infinitum | Jul 2024 | Series E Extension | Co-investor |
| Infinitium Group of Companies | Jul 2024 | Series E | Lead |
| Austin Elements Inc. | Apr 2024 | VC Round | Lead |
| Talus Renewables | Nov 2023 | Series A | Co-investor |
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.