Ioannis Martinos’ Signal Group’s digital start-ups incubator has sold its first analytics venture, OilX, to energy consultancy Energy Aspects.

Signal Ventures said it has sold the real-time oil supply and demand balance platform OilX to the provider of research, analysis and data across all key energy commodities.

OilX was the first startup accelerated via Signal Ventures, which gives founders and early-stage teams hands-on support through investment, shared back-office services and use of Signal’s technology and data.