chevron technology ventures
we bring external innovation to chevron, and chevron to external innovation
what we do
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.
in the news
invest in the core
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.
invest in the future
Our first Future Energy Fund was launched in 2018 and we have now invested in more than 20 companies with more than 150 other investors to support innovations in areas such as carbon capture, emerging mobility, and energy storage. Building upon its success, Future Energy Fund II, launched in early 2021, focuses on industrial decarbonization, emerging mobility, energy decentralization, and the growing circular carbon economy.
areas of interest
CTV engages a range of startup companies, investors, incubators and accelerators to access technology that can be used across Chevron to enable us to operate more efficiently, lower carbon intensity and launch viable new businesses.
Select portfolio companies in our focus areas:
IT & digitalization
oil & gas
limited partnership participation
incubators & accelerators
Chevron Technology Ventures
1500 Louisiana, 39th Floor
Houston, TX 77002