BP

BP is a global energy company engaged in the exploration, production, refining, and marketing of oil, gas, and renewable energy solutions. The company operates across multiple segments of the energy sector, with upstream activities focusing on the global exploration and production of oil and natural gas resources. Its downstream operations refine crude oil into various petroleum products, which are then marketed to customers worldwide. BP also trades energy commodities and provides shipping services to support the distribution of its products. In line with its commitment to sustainability, BP has significantly increased its investments in renewable energy sources such as wind, solar, and biofuels, reflecting its strategic focus on adapting to changing energy demands while pursuing a transition to a low-carbon future.

Felipe Arbelaez

Senior Vice President Zero Carbon Energy

Claire Farrant

VP Mobility and Convenience Europe

JO HAYWARD

VP for convenience in Europe and global convenience strategy and proposition lead at BP

Louise Kingham

SVP for Europe and UK Head of Country

Geoff Morrell

Executive Vice President communications and advocacy

Doris Reiter

Senior Vice President

Johnathan Stone

Venture Principal

Past deals in Biofuel

Green Biofuels

Corporate Round in 2022
Green Biofuels provides the bridging technology essential to help the transition to a more renewably fuelled world.

BTR Energy

Series A in 2021
BTR Energy is a technology company that provides a data-driven platform for businesses in the agricultural, electric transportation, and power industries to benefit from participation in low-carbon transportation programs. The company was founded in 2015 and is based in Gaithersburg, Maryland.

Gasrec

Venture Round in 2021
Gasrec is a major provider of biomethane and low-emission natural gas to the transportation industry. They provide, construct, and run refueling stations for road cars using natural gas and biogas. They offer both customer-specific and open-access gas stations, as well as fleet solutions that boost economic and emission performance.

Calysta

Series D in 2021
Calysta is a world leader in cellular agriculture, creating protein without limits via a patented fermentation platform that uses no arable land, plant or animal products. As the world’s demand for healthy, sustainably produced food continues to grow, Calysta’s family of ingredients – FeedKind, FeedKind Net Zero, and Positive Protein – are ready to meet the challenge. Powered by renewable energy, Calysta’s protein products can preserve biodiversity and contribute to improving the global nexus of water, energy and food security.

Calysta

Series E in 2019
Calysta is a world leader in cellular agriculture, creating protein without limits via a patented fermentation platform that uses no arable land, plant or animal products. As the world’s demand for healthy, sustainably produced food continues to grow, Calysta’s family of ingredients – FeedKind, FeedKind Net Zero, and Positive Protein – are ready to meet the challenge. Powered by renewable energy, Calysta’s protein products can preserve biodiversity and contribute to improving the global nexus of water, energy and food security.

Lightsource bp

Corporate Round in 2017
Lightsource BP is a leading global company focused on the development, acquisition, and long-term management of large-scale solar energy projects and smart energy solutions. The firm works closely with utilities, businesses, local communities, and governments to address the growing demand for affordable and reliable clean energy. By leveraging its strong in-house planning and development capabilities, Lightsource BP not only develops solar projects but also operates and manages them, ensuring a comprehensive approach to energy delivery. The company is committed to deploying at least 8GW of solar capacity worldwide over the next five years, emphasizing the importance of integrating solar energy with smart energy solutions to shape the future of global energy.

Fulcrum BioEnergy

Venture Round in 2016
Fulcrum Bioenergy converts household garbage into low-carbon transportation fuels, including jet fuel, diesel, and ethanol. The company aims to create a clean, low-cost, and sustainable source of domestic transportation fuel. Their approach relies on an abundant and renewable feedstock: municipal solid waste. Using a proven thermochemical process to convert municipal solid waste into ethanol, Fulcrum is leading the next generation of ethanol production. In 2007, E. James Macias and Jim McDermott established the company in Pleasanton, California.

Advanced Biocatalytics

Venture Round in 2016
Advanced BioCatalytics Corporation (ABC) is a technology and product development company, with production capacities, in the industrial biotechnology arena. It focuses the discovery of its Protein-Surfactant Complex™ (P-SC™) based chemistry into uses for cleaners, industrial and agricultural wetting agents, wastewater treatment, environmental remediation and other applications.

Biosynthetic Technologies

Venture Round in 2014
Biosynthetic Technologies manufactures bio-based synthetic molecules that are made from organic fatty acids found in plant oils. These highly-functional biosynthetic oils have numerous uses in the lubricant, chemical, and cosmetics industries, often outperforming their petroleum counterparts in similar applications. In addition to their high-performance properties, these renewable oils are biodegradable and nontoxic. Finally, BT holds a broad portfolio of issued and pending patents protecting these novel biosynthetic oils. It was founded in 2006 and headquartered in Irvine, California.

Verdezyne

Venture Round in 2014
Verdezyne was a privately-held company that employs its biological expertise and proprietary advanced computational algorithms to design and synthesize novel, high-diversity gene libraries for engineering proteins, metabolic pathways, and microorganisms. The company creates and harnesses this unique biological diversity to optimize commercial fermentation processes for the production of petrochemical replacements.

BrightSource

Series F in 2012
BrightSource Energy, Inc. is a solar thermal technology company based in Oakland, California, that specializes in designing, developing, and selling proprietary systems for utility-scale electric power plants. The company utilizes fields of tracking mirrors, known as heliostats, alongside its proprietary software to concentrate sunlight onto a solar receiver/boiler unit, generating high-temperature steam. This steam can be used to produce electricity through conventional steam turbines or for industrial applications like thermal enhanced oil recovery. BrightSource also offers comprehensive project development services, including site acquisition, permitting, and securing power purchase agreements, while serving utility-scale solar thermal power project owners and contractors, as well as oil production companies. The firm has established strategic relationships with prominent partners in the energy sector, emphasizing its commitment to providing low-cost, reliable clean energy that competes with fossil fuels.

Verdezyne

Venture Round in 2011
Verdezyne was a privately-held company that employs its biological expertise and proprietary advanced computational algorithms to design and synthesize novel, high-diversity gene libraries for engineering proteins, metabolic pathways, and microorganisms. The company creates and harnesses this unique biological diversity to optimize commercial fermentation processes for the production of petrochemical replacements.

CNAA

Acquisition in 2011
CNAA produces sugar and ethanol. It offers VHP and crystal sugar, and anidro and hydrated alcohol. The company was founded in 2007 and is based in Ribeirao Preto, Brazil.

Abound Solar

Private Equity Round in 2010
Abound Solar produces next-generation, thin film photovoltaic modules intended to deliver the lowest levelized cost of electricity.

REAC Fuel

Series B in 2010
REAC Fuel, a Lund, Sweden-based cleantech company that develops a new method of extracting biofuel.

Verenium -Biofuels business

Acquisition in 2010
Verenium -Biofuels business operates as a biofuel company.

Butamax Advanced Biofuels

Acquisition in 2009
Butamax Advanced Biofuels, LLC engages in the development of biobutanol fuel.

Verenium

Venture Round in 2008
Verenium possesses integrated, end-to-end capabilities in pre-treatment, novel enzyme development, fermentation, engineering, and project development and is moving rapidly to commercialize its proprietary technology for the production of cellulosic ethanol from a wide array of feedstocks, including sugarcane bagasse, dedicated energy crops, agricultural waste, and wood products. In addition to the vast potential for advanced biofuels, a multitude of large-scale industrial opportunities exist for the Company for products derived from the production of low-cost, biomass-derived sugars.

BrightSource

Series C in 2008
BrightSource Energy, Inc. is a solar thermal technology company based in Oakland, California, that specializes in designing, developing, and selling proprietary systems for utility-scale electric power plants. The company utilizes fields of tracking mirrors, known as heliostats, alongside its proprietary software to concentrate sunlight onto a solar receiver/boiler unit, generating high-temperature steam. This steam can be used to produce electricity through conventional steam turbines or for industrial applications like thermal enhanced oil recovery. BrightSource also offers comprehensive project development services, including site acquisition, permitting, and securing power purchase agreements, while serving utility-scale solar thermal power project owners and contractors, as well as oil production companies. The firm has established strategic relationships with prominent partners in the energy sector, emphasizing its commitment to providing low-cost, reliable clean energy that competes with fossil fuels.

Viridos

Corporate Round in 2007
Viridos develops and commercializes genomic-driven solutions to address global energy and environmental challenges. The company engages in synthesizing and programming DNA in developing and utilizing the technologies in synthetic genomics. It designs and develops microbes for industrial processes and environmental applications. The company also develops microbial cultivation technologies and monitoring approaches that reveal novel microorganisms, suites of new genes, and fermentation platforms for the metabolic engineering of microbes for commercial Bioenergy applications. In addition, it involves in designing advanced biofuels with properties compared to ethanol and biodiesel; harnessing photosynthetic organisms to produce value-added products directly from sunlight and carbon dioxide; developing new biological solutions to enhance production and/or recovery rates of subsurface hydrocarbons; and developing high-yielding, disease resistant, and economic feedstocks. The company's solutions help in improving the production of energy, chemicals, and pharmaceuticals, as well as enabling carbon sequestration and environmental remediation.
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