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    bp ventures

    London, United KingdomFounded 2007
    www.bp.com/about-us/what-we-do/bp-venturesLinkedIn
    Climate & EnergyMobility & Transportation

    bp ventures is the corporate venture capital arm of bp, backing innovative technologies and visionary founders that could help revolutionise the global energy sector. It invests across the energy spectrum including renewable energy, carbon management, power & storage, advanced mobility, and digital transformation.

    35% of their portfolio is in Climate & Energy. Deal activity decreased year-over-year (3 deals in the last 12 months vs 8 prior). Average disclosed round size is $83.5M (across 70 rounds with reported amounts).

    Find people at bp ventures on Goldilocks AI

    Portfolio

    60

    Fund Size

    —

    Top Stage

    Series B

    Last 12 Mo

    3

    Team

    GB

    Gareth Burns

    Managing Director

    MS

    Meghan Sharp

    Managing Director

    N(

    Nathan (Nate) Rich

    Investment Director

    BP

    Bill Payne

    Principal

    GC

    Grace Chan

    Principal

    NK

    Nick Kendall

    Principal

    RM

    Robert Molina

    Global Head of Oil & Gas Technology Investments

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    86 investments
    CompanyRoundAmountDate
    Oxa logoOxaSeries D—Mar 2026
    AaevoloopSeed—Oct 2025
    LeafyBus logoLeafyBusSeries A$4.1MSep 2025
    Boston Metal logoBoston MetalGrowth$51MJul 2025
    CYNiO logoCYNiOSeed—Jul 2025
    Electra logoElectraSeries B$186MApr 2025
    SnowFox Discovery logoSnowFox DiscoverySeries A$30MJan 2025
    Zingbus logoZingbusSeries A$9MDec 2024
    Oxford Flow logoOxford FlowSeries C—Dec 2024
    Case Status logoCase StatusSeries B$19.7MOct 2024
    Korio, Inc. logoKorio, Inc.Series A—Sep 2024
    Mantel logoMantelGrowth—Sep 2024
    SiTration logoSiTrationSeed$11.8MJun 2024
    Hysata logoHysataSeries B$111MMay 2024
    Antora Energy logoAntora EnergySeries B$150MFeb 2024
    BluSmart logoBluSmartSeries B$25MJan 2024
    Hysata logoHysataSeries B$146MJan 2024
    Zingbus logoZingbusSeries A$9MJan 2024
    Eavor logoEavorGrowth$182MOct 2023
    Electric Hydrogen logoElectric HydrogenSeries C—Oct 2023
    Ascend Elements logoAscend ElementsSeries D$542MSep 2023
    Mediafly logoMediaflyGrowth$80MAug 2023
    Advanced Ionics logoAdvanced IonicsSeries A$12.5MAug 2023
    DDynamonSeries A—Aug 2023
    SService4ChargerSeries A$10.8MJun 2023
    Page 1 of 4

    Top Co-Investors

    Temasek Holdings (Private) Limited9 shared
    Microsoft Climate Innovation Fund9 shared
    Breakthrough Energy Ventures8 shared
    Alumni Ventures7 shared
    Chevron Technology Ventures6 shared
    Rio Tinto6 shared
    Hostplus6 shared
    Silicon Valley Bank5 shared
    Hercules Capital, Inc.4 shared
    ConocoPhillips4 shared
    Shell Ventures4 shared
    Cherry Ventures4 shared
    Forward Partners4 shared
    Version One Ventures4 shared
    Fifth Wall4 shared
    S2G Ventures4 shared
    Lowercarbon Capital4 shared
    Mitsubishi Heavy Industries4 shared
    BGF4 shared
    Energy Impact Partners4 shared

    Last updated: 7 October 2026