Chevron Technology Ventures
Houston, Texas, United StatesFounded 1999
Chevron Technology Ventures (CTV) is the corporate venture capital arm of Chevron Corporation, launched in 1999 to identify and integrate externally developed technologies and new business solutions. CTV invests in startups across energy innovation, lower-carbon technologies, and operational enhancement to support Chevron's core business and a lower-carbon future.
46% of their portfolio is in Climate & Energy. Average disclosed round size is $73.5M (across 43 rounds with reported amounts).
Portfolio
45
Fund Size
$500M
Top Stage
Unknown
Last 12 Mo
5
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
52 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 DG Matrix | Series A | $60M | Feb 2026 |
 Ammobia | Seed | $7.5M | Jan 2026 |
 Radiant Nuclear | Growth | $300M | Dec 2025 |
 ERG Bio | Seed | $6.5M | Nov 2025 |
 OneLayer | Series A | $28M | Oct 2025 |
 TAE Technologies | Series D | $150M | Jun 2025 |
 Radiant | Unknown | $300M | Jan 2025 |
 Raygen | Series D | — | Jan 2025 |
 Hydrogenious | Unknown | — | Jan 2025 |
 ZENRG | Series A | — | Dec 2024 |
 Zitara | Unknown | $17M | Dec 2024 |
 Zap Energy | Series D | $130M | Oct 2024 |
 Aether Fuels | Series A | $34M | Jun 2024 |
 PQShield | Series B | $37M | Jun 2024 |
 Li Industries | Series B | $36M | May 2024 |
 LiNova | Series A | $15.8M | Apr 2024 |
 Oxford Quantum Circuits | Series B | $100M | Mar 2024 |
 Infinitum | Series E | $185M | Nov 2023 |
| GGoinfinitum | Series E | $185M | Nov 2023 |
 Syzygy Plasmonics | Series C | $76M | Nov 2022 |
 Strohm | Unknown | — | Aug 2022 |
 ZEDEDA | Series B | $26M | Jul 2022 |
| TAE Technologies | Series C | $250M | Jul 2022 |
 Carbon Clean | Series C | $150M | May 2022 |
 Epicore Biosystems | Series A | $10M | Feb 2022 |
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Top Co-Investors
Shell Ventures5 shared
bp ventures3 shared
Founders Fund3 shared
Equinor3 shared
Sumitomo Corporation of Americas3 shared
Oxford Science Enterprises3 shared
Hercules Capital, Inc.2 shared
Second Avenue Partners2 shared
Khosla Ventures2 shared
Fine Structure Ventures2 shared
Friends & Family Capital2 shared
Boost VC2 shared
Draper Associates2 shared
Engine Ventures2 shared
GV2 shared
Breakthrough Energy Ventures2 shared
Alumni Ventures2 shared
Starlight Ventures2 shared
Energy Impact Partners2 shared
Addition2 shared
Last updated: 7 September 2026