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.
31% of their portfolio is in Climate & Energy. Average disclosed round size is $57.5M (across 95 rounds with reported amounts).
Portfolio
79
Fund Size
$500M
Top Stage
Series B
Last 12 Mo
8
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
116 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Oxford Quantum Circuits | Series C | — | Jun 2026 |
 Aurora Hydrogen | Unknown | $3M | Mar 2026 |
 Dg Matrix | Series A | $60M | Feb 2026 |
 Ammobia | Seed | $7.5M | Jan 2026 |
 Oxford Quantum Circuits | Series C | — | Jan 2026 |
 Standard Nuclear | Series A | $140M | Jan 2026 |
 Radiant Nuclear | Growth | $300M | Dec 2025 |
| Radiant Nuclear | Series C | $300M | Dec 2025 |
 Erg Bio | Seed | $6.5M | Nov 2025 |
 OneLayer | Series A | $28M | Oct 2025 |
 Tae Technologies | Series D | $150M | Jun 2025 |
| RRadiant Industries | Series C | — | May 2025 |
 ElectraLith | Series A | $27.5M | Jan 2025 |
 Radiant | Unknown | $300M | Jan 2025 |
 Raygen | Series D | — | Jan 2025 |
 Hydrogenious | Unknown | — | Jan 2025 |
| Mmaxwell+spark | Series B | $15M | Jan 2025 |
 ZENRG | Series A | — | Dec 2024 |
 Zitara | Unknown | $17M | Dec 2024 |
 Zitara Technologies | Series A | $12M | 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 |
Page 1 of 5
Top Co-Investors
Shell Ventures10 shared
Equinor9 shared
Saudi Aramco Energy Ventures9 shared
Founders Fund7 shared
Khosla Ventures7 shared
bp ventures6 shared
Saudi Aramco6 shared
Second Avenue Partners5 shared
ConocoPhillips5 shared
Rockwell Automation5 shared
Breakthrough Energy Ventures5 shared
Oxford Science Enterprises5 shared
Energy Impact Partners5 shared
Draper Fisher Jurvetson5 shared
Hercules Capital, Inc.4 shared
Friends & Family Capital4 shared
Boost VC4 shared
Juniper Networks4 shared
Endeavor4 shared
Last updated: 20 October 2026