Chevron Technology Ventures — Chevron – Chevron

Tee Rasheed
6 Min Read

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we bring external innovation to chevron, and chevron to external innovation
Chevron Technology Ventures (CTV) was launched in 1999 to identify and integrate externally developed technologies and new business solutions with the potential to enhance the way Chevron produces and delivers affordable, reliable and ever-cleaner energy now and into the future.
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Chevron’s Core Venture Fund invests in technologies that have the potential to add efficiencies to Chevron’s core business in the areas of operational enhancement, digitalization and lower-carbon operations.
Chevron’s first Core Venture Fund was launched in 1999. Now in our seventh fund, we have invested in more than 100 companies with more than 150 other investors.
Our first Future Energy Fund was launched in 2018, focusing on areas such as carbon capture, emerging mobility and energy storage. Building on its success, Future Energy Fund II was launched in 2021, and has focused on industrial decarbonization, emerging mobility, energy decentralization and the growing circular economy. Future Energy Fund III, launched in 2024, will continue to look forward in the areas of focus for the earlier two funds and aims to expand investment in the areas of novel low carbon fuels, advanced materials and transforming carbon to higher-value products. Our Future Energy Funds have invested in more than 30 companies with more than 250 other investors in support of low-carbon innovations.
CTV engages a range of startup companies, investors, incubators and accelerators to access technology that can be used across Chevron now and in the future to enable us to operate more efficiently, to lower the carbon intensity of our operations and launch viable new businesses.
Select portfolio companies in our focus areas:
baseload capital opens in new window
 
Blue Planet opens in new window
Carbon Clean opens in new window
Carbon Engineering opens in new window
ChargePoint opens in new window
Infinitum Electric opens in new window
mainspring opens in new window
Natron Energy opens in new window
ocergy opens in new window
Spear Power Systems opens in new window
starfire energy opens in new window
Svante opens in new window
Vutility opens in new window
Zap Energy opens in new window
APERIO opens in new window
Mission Secure opens in new window
noble.ai opens in new window
OQC opens in new window
Orbital Insight opens in new window
Seeq opens in new window
Worlds opens in new window
zededa opens in new window
Cereus Downhole Technology opens in new window
Clarke Valve opens in new window
Ensyn opens in new window
Foro Energy opens in new window
Ingu Solutions opens in new window
MicroSeismic opens in new window
Seikowave opens in new window
Strohm opens in new window
Well Conveyor opens in new window
Target Intervention opens in new window
Emerald Technology Ventures opens in new window
OGCI Climate Investments opens in new window
Houston Exponential Venture Fund opens in new window
Activate opens in new window
Capital Factory opens in new window
Greentown Labs opens in new window
MassChallenge opens in new window
Propel(x) opens in new window
Rice Alliance for Technology and Entrepreneurship opens in new window
The Cannon opens in new window
The Ion opens in new window
Chevron Technology Ventures
1500 Louisiana, 39th Floor
Houston, TX 77002
email: techventures@chevron.com
Chevron has always put people at the center of the energy conversation. Because we understand that the well-being of people everywhere depends on energy. Energy that is affordable, reliable and ever-cleaner.
© 2001 – 2024 Chevron Corporation. All rights reserved.

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