chevron technology ventures
integrating technology to the core
what we do
Chevron Technology Ventures (CTV) champions the innovation, commercialization and integration of emerging technologies into Chevron. We pursue innovative business solutions and externally developed technologies that have the potential to improve Chevron’s base business operations and champion their deployment and adoption into Chevron.
in the news
a conduit for early adoption of emerging technology
Chevron is integrating emerging technologies into our business and CTV helps make that happen. We identify technology advances that could strengthen our core operations and lead Chevron to new opportunities for growth. Through our technology teams and venture capital group, we scan the globe for technologies that can yield strategic and financial value. We also look for pioneering startup companies whose technologies could enhance the way Chevron produces and delivers energy. CTV can invest in companies at any phase in the development cycle, from providing early-stage seed investment to offering capital for full-scale commercialization. Some technologies may be studied, and then shelved for future consideration.
We focus our search for innovation on six dominant technology streams:
- Water Management
- Production Enhancement
- Emerging Materials
- Power Systems
- Information Technology
- Subsurface & Base Business
investment portfolio
Since 1999, Chevron Venture Capital has supported a wide range of companies and venture capital funds. Partner technologies are used across our upstream and downstream businesses, producing substantial earnings for the company.
areas of interest
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:
limited partnership participation
* a sample of companies listed.