GuinnCovert Ventures VC
UAV/Drone/Robotics investments with the co-founder of the largest drone company in the world
We have founded and invested in traditional and alternative energy companies, including building the largest bio-diesel refinery in the world, and acquiring minerals and drilling wells in some of the most prolific shale plays. We pursue opportunities predominantly in North American oil and natural gas assets, which may include (i) oil and gas working interests; (ii) minerals and royalties; and (iii) midstream assets (iv) opportunistic financings, structured either through asset-level investments or through structured investments in businesses owning these interests and/or related assets, and (v) select energy assets within opportunity zones.
We employ a differentiated approach to investing in oil and gas, which includes a flexible investment mandate and active risk management strategy complemented by deep industry expertise.
Today we participate in in-fill well opportunities in TX, OK, NM, mineral acquisitions, and select midstream assets.
Current Opportunity Zone classifications allow our SouthBend Resources team to explore, produce, and distribute hydrocarbons in a tax advantaged manner that is unprecedented.
Our SouthBend Opportunity Zone Fund is acquiring and developing upstream and midstream assets in Delaware Basin, Eagle Ford, Wolf Camp, and Utica.
Divesting: UTICA PRODUCING MINERALS
GuinnCovert Ventures’ Managing Partner, Colin Guinn, was CEO of DJI NA the world’s largest drone company and pioneered an entire multi-billion dollar industry. We believe in the expansive power of hardware and software working together to facilitate global efficiencies in infrastructure, from tech impacting inspection in remote and underwater areas to agriculture on the world’s plains to the future generations of smart cities that form our urban centers. We manage early stage investments that form an ecosystem for breakthrough change that will lead to a new future of infrastructure.
Texas Real Estate - AUSTIN: Multi-family development with longtime partner CNL
Austin has been on the leaderboard for national growth in many ways for many years and is still attracting attention from Google, Apple, IBM, Oracle and many others in the form of $1B+ major investments in the downtown and surrounding areas creating thousands of new jobs. Multi-family is the premier choice for the rapidly growing workforce and the sector has done quite well for several years. We are interested in growth areas and development opportunities South and South East of town with CNL and Daniel Corp.