Chevron Technology Ventures champions innovation, commercialization and integration of emerging technologies within Chevron.
What We Do
Chevron Technology Ventures pursues business solutions and technologies with the potential to improve Chevron’s base business operations by sponsoring and demonstrating emerging technologies and championing their integration into Chevron to improve business value.
Some technologies may be studied, then shelved for future consideration.
Chevron Venture Capital finds, sponsors and demonstrates early stage technology and champions its integration into Chevron. Chevron VC invests in companies at any phase in the development cycle – from providing early-stage seed investment to offering capital for full-scale commercialization – and helps transfer the technology into the business.
CTV's Biofuels business unit is developing technologies related to large-scale commercial production and distribution of non-food biofuels in the United States.
CTV's Emerging Energy business unit explores innovative ways that Chevron can use renewable energy to run its operations more cost-effectively while reducing our carbon footprint.
Updated: March 2015