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Blue Bear Capital providing the unusual link between energy firms and blockchain

Ernst Sack, a partner at venture capital group Blue Bear Capital, talks to Proactive at World Oil & Gas Week 2017.

Blue Bear focuses on digital technologies for the energy industry - a sector which spent around US$45bn on things such as blockchain, AI, and Internet of Things technologies last year.

"Fundamentally our business model...is to introduce new technologies to companies that could use [them] and we know a lot of such companies having worked in private equity with an energy focus," he says.

Sack adds that there is a correlation between investment in new, upcoming technologies and the performance of energy companies.

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