Chevron Technology Ventures
Profile, fund size and portfolio
Chevron Technology Ventures is the corporate venture arm of Chevron Corporation (energy). It was founded in 1999 and is based in Houston, United States. It invests from Seed to Series C+ in operational enhancement, digitalization, lower carbon.
- Fund sizeS5
- USD 500M
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Seed to Series C+ |
| Sectors | Operational enhancement, Digitalization, Lower carbon, Hydrogen, Carbon capture, Energy storage |
| Geography | North America, Europe, Asia, Oceania |
| Offices | Houston, United States |
Sources: S1 Chevron Technology Ventures page (Wayback capture 24 Mar 2026; live page returns 403); S3 CTV Core Energy Fund overview PDF (Oct 2025, Wayback copy).
Data behind this graphic
| Item | Companies | Share |
|---|---|---|
| Core Energy | 28 | 52.8% |
| Future Energy | 25 | 47.2% |
A company can carry more than one tag
Sources: S1 Chevron Technology Ventures page (Wayback capture 24 Mar 2026; live page returns 403).
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | USD 500M | Fund size | Stated by the firm or its parent | S5 |
| Companies backed | 140+ | companies | Reported in the press | S5 |
| Companies on the firm's portfolio page | 53 | companies | Counted from the firm's own list | S1 |
Sources: S5 Global Venturing Powerlist 2026: Jim Gable; S1 Chevron Technology Ventures page (Wayback capture 24 Mar 2026; live page returns 403).
Where it invests and who leads it
Geography
- Headquarters
- Houston, United States
- Offices
- Houston, United States
Investment regionsS1S3
- North America
- Europe
- Asia
- Oceania
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | Chevron Corporation (NYSE: CVX) | Single source | S1 |
| Parent industry | Energy | Single source | S1 |
| Founded | 1999 | Single source | S1 |
| Headquarters | Houston, United States | Single source | S4 |
| Status | Active | Single source | S1 |
| Capital source | Parent company only | Single source | S1 |
| Headline size | USD 500M (Fund size) | Single source | S5 |
| Companies backed | 140+ | Single source | S5 |
| Stages | Seed, Series A, Series B, Series C+ (inferred from announced rounds) | Estimate | S1 |
Recent rounds
| Date | Company | Round | Amount | Led by the firm | Source |
|---|---|---|---|---|---|
| 2026-01-26 | Standard Nuclear | Series A | USD 140M | No | S1 |
| 2025-11-18 | Erg Bio | Seed | USD 6.5M | No | S1 |
| 2025-10-24 | Maxwell + Spark | Series B | USD 15M | No | S1 |
| 2025-10-17 | nPlan | Series B | GBP 11.9M | No | S1 |
| 2025-10-16 | OneLayer | Series A | USD 28M | No | S1 |
| 2025-03-12 | DG Matrix | USD 20M | No | S1 | |
| 2025-03-10 | ReSource Chemical | USD 15M | No | S1 | |
| 2025-02-12 | Epicore Biosystems | USD 26M | No | S1 | |
| 2024-12-05 | Zitara | USD 17M | No | S1 | |
| 2024-11-14 | Radiant | Series C | USD 100M | No | S1 |
Fund vehicles
Portfolio
The firm's portfolio page lists 53 companies.S1
The firm also states 140+ companies backed. The page list and the stated total measure different things.S5
| Tag | Companies | Share |
|---|---|---|
| Future Energy | 25 | 47.2% |
| Core Energy | 28 | 52.8% |
Every company on the Chevron Technology Ventures list
53 companies, as listed on the firm's own website.S1 Read the firm's list.
- Aether Fuels
- Ammobia
- Aperio
- Ardent
- Baseload Capital
- Blue Planet
- Boomitra
- Cereus Downhole Technology
- Clarke Valve
- Claroty
- Electric Era
- Elisity
- Enmacc
- Ensyn
- Epicore Biosystems
- Erg Bio
- Flyability
- Gr3n
- Hydrogenious
- Immaterial
- Infinitum Electric
- Ingu Solutions
- Ionomr Innovations
- Li Industries
- LiNova
- Mainspring
- Maxwell + Spark
- MicroSeismic
- Noble AI
- nPlan
- Ocergy
- OneLayer
- Oxford Quantum Circuits
- PQ Shield
- Privateer
- Quintessence Labs
- Raygen
- Sapphire
- Savteq
- Sea Machines
- Seeq
- Strohm
- SwissDrones
- Syzygy Plasmonics
- TAE Technologies
- Vutility
- Well Conveyor
- Worlds
- Xage
- Zap Energy
- Zededa
- ZENRG
- Zitara
For founders
History
Where sources disagree
Official pages
Read the firm's own pages for current information.
- Website www.chevron.com/what-we-do/technology-and-innovation/technology-ventures
Sources
- S1Chevron Technology Ventures page (Wayback capture 24 Mar 2026; live page returns 403)Firm
- S2Chevron Technology Ventures pageFirm
- S3CTV Core Energy Fund overview PDF (Oct 2025, Wayback copy)Firm
- S4JPT: Key insights from Chevron Technology Ventures on its 25 year journeyPress
- S5Global Venturing Powerlist 2026: Jim GablePress
- S6Chevron newsroom: Scalable solutions take center stage at energy conference (2023)Parent company
- S7Rice Business: Luis AlcoserPress
- S9Rice Alliance: Kemal AnbarciPress
- S10FundingWatcher corporate venture capital listThird-party report
- S11SEC EDGAR: Chevron Corp (CIK 93410)Filing
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by Chevron Technology Ventures or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
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