BP

BP p.l.c. is a global integrated oil and gas company based in the United Kingdom, with operations spanning Europe, North and South America, Australasia, Asia, and Africa. The company is involved in the exploration, production, and refining of oil and gas, producing approximately 1.1 million barrels of liquids and 6.9 billion cubic feet of natural gas per day as of 2023. BP's reserves total 6.8 billion barrels of oil equivalent, with 55% classified as liquids. The company operates refineries with a combined capacity of 1.6 million barrels per day. Additionally, BP Ventures, its venture capital arm, invests in private growth-stage technology companies to drive innovation across the energy sector, with a focus on reducing carbon emissions and facilitating the transition to a lower-carbon future. Through these initiatives, BP aims to meet global energy demands while addressing environmental challenges.

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

Doris Reiter

Senior Vice President

Meghan Sharp

Managing Director

Johnathan Stone

Venture Principal

Morag Watson

Vice President

Past deals in Biofuel

Green Biofuels

Corporate Round in 2022
GREEN BIOFUELS is the authorised supplier of an unique renewable diesel fuel GREEN D+. Their fuel is formulated by adding a nano technology patented performance additive to HVO which is sourced from Neste, the world's leading supplier of renewable diesel.

BTR Energy

Series A in 2021
BTR Energy is a technology company based in Gaithersburg, Maryland, established in 2015. It offers a data-driven platform designed for businesses in the agricultural, electric transportation, and power sectors, facilitating their participation in low-carbon transportation programs. The platform enables electric vehicles to engage with electricity markets, assisting clients in monetizing tradable energy credits and effectively reducing emissions from transportation. Through its innovative services, BTR Energy supports the transition to sustainable energy solutions.

Gasrec

Venture Round in 2021
Operator of refueling facilities and liquefied gas fuel intended to cater to the road transport sector. The company focuses on designing and building bespoke CNG and LNG refueling facilities and also provides services such as upgrades, maintenance and expansions, enabling clients to reduce both fuel costs and air pollution.

Calysta

Series D in 2021
Calysta, Inc. is a biotechnology company focused on developing and manufacturing protein ingredients derived from sustainable sources. Based in Menlo Park, California, with additional locations in Houston, London, Stavanger, and Singapore, Calysta provides nutritional feeds and health products for fish and livestock, as well as chemicals used in various end products such as fibers, plastics, and building materials. The company also produces biofuels through innovative processes utilizing methane as a feedstock. Founded in 2011, Calysta was previously known as Calysta Energy before rebranding in 2014. Its technologies, including biological gas-to-liquids and gas-to-chemicals processes, aim to address global food security and meet the rising demand for sustainable protein in the aquaculture industry. The company has formed a strategic partnership with Bluestar Adisseo Company to enhance its market offerings.

Calysta

Series E in 2019
Calysta, Inc. is a biotechnology company focused on developing and manufacturing protein ingredients derived from sustainable sources. Based in Menlo Park, California, with additional locations in Houston, London, Stavanger, and Singapore, Calysta provides nutritional feeds and health products for fish and livestock, as well as chemicals used in various end products such as fibers, plastics, and building materials. The company also produces biofuels through innovative processes utilizing methane as a feedstock. Founded in 2011, Calysta was previously known as Calysta Energy before rebranding in 2014. Its technologies, including biological gas-to-liquids and gas-to-chemicals processes, aim to address global food security and meet the rising demand for sustainable protein in the aquaculture industry. The company has formed a strategic partnership with Bluestar Adisseo Company to enhance its market offerings.

Lightsource bp

Corporate Round in 2017
Lightsource bp is a global leader in the development and management of large-scale solar energy projects, providing sustainable and affordable energy solutions to businesses and communities. The company focuses on the development, acquisition, and long-term management of photovoltaic plants, collaborating with utilities, local communities, and governments to meet the increasing demand for reliable and clean energy. With strong in-house planning and development capabilities, Lightsource bp takes on multiple roles as the owner, planner, developer, operator, and manager of its projects. The company aims to deploy at least 8GW of solar capacity worldwide in the next five years, emphasizing the importance of solar energy and smart energy solutions in the future of energy delivery.

Fulcrum BioEnergy

Venture Round in 2016
Fulcrum BioEnergy, Inc. is a company based in Pleasanton, California, that specializes in converting municipal solid waste into low-cost, low-carbon transportation fuels, including jet fuel, diesel, and ethanol. Founded in 2007 by E. James Macias and Jim McDermott, Fulcrum BioEnergy employs a proprietary thermochemical process to transform sorted, post-recycled municipal solid waste into ethanol, utilizing conventional commercial systems. The company's approach aims to create a sustainable and renewable source of domestic transportation fuel, thereby reducing dependence on imported oil and contributing to net-zero carbon emissions. Fulcrum BioEnergy has established a strategic partnership with Marubeni Corporation to further enhance its capabilities in the sustainable fuel sector.

Advanced Biocatalytics

Venture Round in 2016
Advanced BioCatalytics Corporation is a technology and product development company based in Irvine, California, specializing in industrial biotechnology solutions. Founded in 1996, the company focuses on the discovery and production of protein-surfactant complex based chemistry. This innovative approach is applied in various sectors, including the development of cleaners, industrial and agricultural wetting agents, and solutions for wastewater treatment and environmental remediation. One of its notable products is BioSS SL, a sophorolipid-based surfactant designed for the cleaning industry. The company's commitment to creating biodegradable products aims to enhance environmental quality in both industrial and non-industrial settings.

Biosynthetic Technologies

Venture Round in 2014
Biosynthetic Technologies, LLC specializes in the manufacture of bio-based synthetic oils derived from organic fatty acids found in plant oils. These oils are designed for various applications across the lubricant, specialty chemical, and cosmetic industries, offering high-performance alternatives to traditional petroleum-based products. The company produces a diverse range of biosynthetic base oils suitable for passenger car motor oils, marine lubricants, hydraulic fluids, food-grade lubricants, and personal care products, among others. Notably, these renewable oils are biodegradable and non-toxic, contributing to environmentally sustainable practices. Biosynthetic Technologies holds a comprehensive portfolio of patents for its innovative formulations, underscoring its commitment to advanced, eco-friendly solutions. Founded in 2004 and headquartered in Irvine, California, the company operates a production facility in Baton Rouge, Louisiana.

Verdezyne

Venture Round in 2014
Verdezyne is a company focused on synthetic biology, utilizing its expertise to develop innovative solutions for producing chemicals from renewable sources. By leveraging advanced computational algorithms and proprietary gene libraries, Verdezyne engineers proteins and metabolic pathways to optimize fermentation processes. This approach allows the company to create sustainable alternatives to petrochemicals, significantly reducing reliance on oil. Its platform integrates proven manufacturing technologies to generate a diverse range of chemical building blocks and additives that are applicable in various everyday products. Through its efforts, Verdezyne aims to provide cost-effective and environmentally friendly chemical solutions.

BrightSource

Series F in 2012
BrightSource Energy designs and builds large scale solar plants that deliver low-cost solar energy in the form of steam and/or electricity, at prices competitive with fossil fuels, to industrial and utility customers worldwide. BrightSource Energy enables industrial and utility companies to lessen their dependency on fossil fuels by providing a low cost, reliable source of clean energy during periods of peak usage. BrightSource Energy's corporate headquarters are located in Oakland, California.

Viridos

Series A in 2011
Viridos is a biotechnology company focused on developing genomic-driven solutions to address global energy and environmental challenges. It utilizes a proprietary RNA replicon platform to stimulate the immune system and deliver targeted therapies produced within the body. The company synthesizes and programs DNA to design and develop microbes for various industrial processes, including bioenergy applications. Its portfolio includes algal-based biodiesel and microbial cultivation technologies that enhance the production and recovery rates of subsurface hydrocarbons. Viridos is also engaged in creating advanced biofuels and harnessing photosynthetic organisms to produce value-added products from sunlight and carbon dioxide. Additionally, it develops biologics such as monoclonal antibodies and therapeutic enzymes, serving clients in the pharmaceutical and biotech sectors, as well as contract manufacturing organizations. Founded in 2005 and based in La Jolla, California, the company aims to improve energy production, chemical synthesis, and pharmaceutical development while contributing to carbon sequestration and environmental remediation efforts.

Verdezyne

Venture Round in 2011
Verdezyne is a company focused on synthetic biology, utilizing its expertise to develop innovative solutions for producing chemicals from renewable sources. By leveraging advanced computational algorithms and proprietary gene libraries, Verdezyne engineers proteins and metabolic pathways to optimize fermentation processes. This approach allows the company to create sustainable alternatives to petrochemicals, significantly reducing reliance on oil. Its platform integrates proven manufacturing technologies to generate a diverse range of chemical building blocks and additives that are applicable in various everyday products. Through its efforts, Verdezyne aims to provide cost-effective and environmentally friendly chemical solutions.

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 is a cleantech company based in Lund, Sweden, focused on developing innovative technologies for biofuel production. The company has created a thermo-chemical technology platform that effectively converts lignocellulosic biomass and waste streams rich in cellulose into sugars, chemicals, and liquid fuels. This process enables the production of sustainable feedstocks for various chemical applications and liquid fuel, contributing to advancements in renewable energy solutions.

Verenium -Biofuels business

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

Butamax Advanced Biofuels

Acquisition in 2009
Butamax Advanced Biofuels, LLC is focused on the development and production of biobutanol fuel, a renewable energy source derived from biomass. The company operates primarily in the United States, where it manufactures various biofuels, including ethanol and butane. By leveraging innovative technologies, Butamax aims to provide sustainable fuel alternatives that can help reduce reliance on traditional fossil fuels and contribute to environmental sustainability.

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 designs and builds large scale solar plants that deliver low-cost solar energy in the form of steam and/or electricity, at prices competitive with fossil fuels, to industrial and utility customers worldwide. BrightSource Energy enables industrial and utility companies to lessen their dependency on fossil fuels by providing a low cost, reliable source of clean energy during periods of peak usage. BrightSource Energy's corporate headquarters are located in Oakland, California.

Viridos

Corporate Round in 2007
Viridos is a biotechnology company focused on developing genomic-driven solutions to address global energy and environmental challenges. It utilizes a proprietary RNA replicon platform to stimulate the immune system and deliver targeted therapies produced within the body. The company synthesizes and programs DNA to design and develop microbes for various industrial processes, including bioenergy applications. Its portfolio includes algal-based biodiesel and microbial cultivation technologies that enhance the production and recovery rates of subsurface hydrocarbons. Viridos is also engaged in creating advanced biofuels and harnessing photosynthetic organisms to produce value-added products from sunlight and carbon dioxide. Additionally, it develops biologics such as monoclonal antibodies and therapeutic enzymes, serving clients in the pharmaceutical and biotech sectors, as well as contract manufacturing organizations. Founded in 2005 and based in La Jolla, California, the company aims to improve energy production, chemical synthesis, and pharmaceutical development while contributing to carbon sequestration and environmental remediation efforts.
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