Profile
Chevron Technology Ventures is a venture capital firm based in Houston, Texas, founded in 1999. The firm is part of Chevron Corporation and focuses on integrating emerging technologies within the energy sector. With a small team, including key personnel like Kemal Anbarci, the firm leverages Chevron's extensive industry expertise to drive innovation and commercialization in energy technologies.
The firm primarily invests in Series A rounds, focusing on sectors such as high tech, environment tech, and enterprise applications. Chevron Technology Ventures has a notable presence in the United States, with investments in companies like ChargePoint and Illumina. The firm manages several funds, including the Future Energy Fund series, with a total AUM exceeding $900 million.
Notable investments by Chevron Technology Ventures include ChargePoint - electric vehicle charging network, Illumina - genomics company, and Eavor - geothermal technology provider. These investments highlight the firm's commitment to advancing technologies that align with Chevron's strategic goals in energy innovation.
Industry
Chevron Technology Ventures Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Future Energy Fund I
|
Corporate VC (CVC)
|
Healthcare Services
SaaS
Security
Software
Transportation
Energy
CleanTech
HealthTech
|
Seed
Series A
Series B
|
North America
|
$5-10 m
|
$100 M
|
June 2018
|
|
Future Energy Fund III
|
Corporate VC (CVC)
|
Healthcare Services
SaaS
Security
Software
Energy
CleanTech
|
Seed
Series A
Series B
|
North America
|
$5-10 m
|
$500 M
|
April 2024
|
|
Future Energy Fund II
|
Corporate VC (CVC)
|
Healthcare Services
SaaS
Security
Software
Transportation
Energy
HealthTech
|
Seed
Series A
|
North America
Europe
|
$5-10 m
|
$300 M
|
February 2021
|
Contacts
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