Chevron, established in 1999, is a Texas-based venture capital arm of Chevron Corporation, focusing on early-stage investments in the United States. As a corporate venture capital arm, it invests in a wide range of sectors, including energy, technology, and life sciences. Chevron Technology Ventures (CTV) plays a crucial role in identifying, acquiring, testing, and integrating emerging technologies into Chevron's core businesses, creating new commercial opportunities, reducing costs, and improving performance. It typically invests between $1 million and $8 million, taking a minority stake and board observer seat. CTV's mission is to foster innovation and commercialization, enhancing Chevron's strategies and enabling affordable, reliable, and ever-cleaner energy.
Vice President, Carbon Capture, Utilization and Storage (CCUS), New Energies (CNE)
Michael Wirth
CEO and Chairman of the Board
Past deals in CleanTech
DG Matrix
Seed Round in 2025
DG Matrix is a pioneering manufacturer specializing in energy storage and solar systems for electric vehicles (EVs). The company's innovative solutions focus on enabling widespread EV charging infrastructure, from single-unit L3 DC fast charging technology to microgrids and fleet charging, all while minimizing material usage and environmental footprint. This approach aims to facilitate gigaton-scale emissions reductions by making EV charging accessible and affordable.
ElectraLith
Series A in 2025
ElectraLith specializes in the development of direct lithium extraction and refining technology aimed at enhancing the efficiency and sustainability of lithium production. The company's innovative approach utilizes electricity to extract and refine lithium, which allows for cost reductions for both brine and hard rock producers. This technology enables clients to achieve more economical lithium production from various feedstocks worldwide, thereby supporting the growing demand for lithium in energy storage and electric vehicle applications.
Zitara
Series A in 2024
Zitara Technologies, founded in 2019 and based in San Francisco, California, specializes in predictive battery management software tailored for electric fleets. The company develops both cloud-based and embedded solutions that cater to enterprises with extensive battery deployments. Zitara's platform is distinguished by its capacity to deliver battery analytics, including simulation, planning, and real-time operational insights. This technology supports companies in enhancing safety and extending the longevity of their battery systems, making it a valuable asset for operations involving grid-scale and residential energy storage.
Radiant
Series C in 2024
Radiant is a clean energy startup based in Los Angeles, California, that specializes in the development of portable nuclear microreactors. Founded in 2019, the company aims to provide an alternative to fossil fuels through its innovative microreactor technology. Designed to fit within a shipping container, these reactors can be easily transported by air, ship, or road, making them suitable for both military and commercial applications. The Kaleidos microreactor, in particular, is notable for offering a zero-emissions power source, ideal for remote locations and critical power needs.
SwissDrones
Series B in 2024
SwissDrones is an aviation company focused on the development, manufacturing, and operation of long-range unmanned helicopter systems tailored for commercial and public safety uses. The company’s innovative twin-rotor aircraft are engineered to serve as cost-effective alternatives to manned helicopters, offering significant reductions in carbon emissions and enhanced safety by eliminating the need for crewed operations in adverse weather conditions. Their systems are designed for various applications, including aerial surveillance, search and rescue, and critical infrastructure inspections. Equipped to integrate high-end sensor payloads, these unmanned helicopters enable long-range operations beyond visual line of sight during both day and night, with operational endurance extending for several hours.
Li Industries
Series B in 2024
Li Industries is a start-up dedicated to advancing lithium-ion battery recycling technologies. The company focuses on reclaiming materials from end-of-life batteries used in electric vehicles, consumer electronics, and various energy storage systems. By utilizing direct recycling technology, Li Industries specializes in recovering valuable metals such as lithium, cobalt, and nickel, which are essential for battery production. Their innovative electrochemical flow system allows for non-destructive lithiation and optimizes the post-treatment of recovered materials, enhancing the efficiency of the recycling process. Through its efforts, Li Industries aims to minimize environmental waste, lower emissions, and reduce the costs associated with lithium-ion battery manufacturing, thereby promoting a more sustainable supply chain for battery materials.
Linova Energy
Series A in 2024
LiNova Energy specializes in the development of ultra-high energy density batteries, utilizing an innovative combination of a polymer cathode and a 3-D lithium metal anode. The company incorporates a non-flammable electrolyte and a dendrite-blocking membrane to enhance safety and performance. These advancements result in batteries that are lighter, more cost-effective, and capable of delivering a higher energy output compared to traditional designs. Furthermore, LiNova Energy's technology significantly reduces the cost of cathode materials by over 75% and minimizes CO2 emissions associated with production by more than 85%. This approach positions the company as a provider of sustainable and long-lasting energy storage solutions.
Raven
Venture Round in 2024
Raven is a producer of green hydrogen and synthetic fuels using organic waste. They transform waste destined for landfills into environmentally friendly, efficient, and profitable clean hydrogen and Fischer-Tropsch synthetic fuels with our patented Steam/CO2 Reformer technology. Raven was in 2018 and is based in Pinedale, Wyoming.
Ionomr Innovations
Series A in 2023
Ionomr Innovations Inc. is a Vancouver-based company specializing in the design, adaptation, and manufacture of advanced ion-exchange membranes and polymer technologies. Founded in 2013, Ionomr focuses on creating environmentally friendly materials that replace toxic fluorinated chemicals often used in electrochemical applications. Its flagship product line, Aemion, is designed for various applications, including water treatment, energy storage, and clean energy generation. The company’s innovative membranes are known for their alkaline stability, strength, and performance, enabling optimal integration into electrochemical systems. By providing solutions that enhance efficiency and reduce environmental impact, Ionomr aims to support the decarbonization of the planet and foster the development of sustainable systems in the renewable energy and circular chemical economies. Additionally, Ionomr offers chemical engineering services to further support its clients in achieving their operational goals.
Malta
Venture Round in 2023
Malta Inc. is a company that specializes in industrial-grade, grid-scale energy storage solutions, particularly through its innovative electro-thermal energy storage technology. Founded in 2018 and based in Cambridge, Massachusetts, Malta's system captures energy from various sources, including renewable (wind and solar) and fossil fuel generators. The process involves converting electrical energy into thermal energy, which is stored in molten salt and later reconverted back into electricity using a heat engine. This technology addresses the challenges of energy curtailment by improving the synchronization of energy generation with demand, thereby facilitating the efficient distribution of electricity to the grid as required. Malta was incubated at the Moonshot Factory and has garnered support from leading venture capital and commercial power industry stakeholders, contributing to its mission of enabling affordable and reliable electricity delivery.
Oxford Quantum Circuits
Series B in 2023
Oxford Quantum Circuits specializes in quantum computing technology that aims to address significant global challenges, such as climate change and drug discovery. The company has developed a fully functional quantum computer that integrates control systems, hardware, and software, enabling customers to streamline operations and explore innovative solutions. Their unique superconducting circuits are designed to maintain high qubit quality and control, which is essential for achieving commercially viable processing power. By leveraging this advanced technology, Oxford Quantum Circuits supports a range of applications, from pioneering new battery technologies to facilitating life-changing discoveries in medicine.
Immaterial
Series A in 2023
Immaterial is a manufacturer and developer of highly porous nanomaterials that significantly enhance the storage and separation of gas molecules. The company's super-adsorbent materials can be integrated into gas tanks, allowing for increased storage capacity without altering pressure or volume. This innovation enables gas companies to reduce costs associated with the separation, storage, and transportation of gas, providing a more efficient solution in the energy sector.
Magnum Development
Acquisition in 2023
Magnum Development specializes in the development of storage caverns for various energy resources, including natural gas, compressed air, refined products, helium, and hydrogen. Operating primarily in the Western United States, the company offers transportation services and aims to provide economical solutions for storing and distributing clean energy. By focusing on the development of multiple portfolio companies, Magnum Development contributes to the consistent and reliable delivery of power in the region.
Carbon Sync
Venture Round in 2023
Carbon Sync is a technology firm that specializes in soil carbon farming, agricultural decarbonization, and ecosystem restoration services.
Compact Membrane Systems
Series A in 2023
Compact Membrane Systems specializes in providing scalable membrane solutions for the decarbonization revolution. It develops technology to capture and reduce greenhouse gas emissions, avert global warming, and transform the industry into a long-term sustainable enterprise.
Electric Era
Series A in 2023
Electric Era Technologies specializes in developing AI-controlled battery storage solutions designed to enhance the efficiency of electric vehicle (EV) charging stations. Central to its offerings is the PowerNode-OS, a real-time software platform that optimizes charging operations for each PowerNode station. In addition to its technological innovations, Electric Era provides comprehensive EV charging solutions, including installation and ongoing support, aimed at delivering a seamless customer experience while fostering brand engagement. The company's battery systems are engineered to manage energy costs effectively, preventing excessive power draw from the grid during peak demand periods. Through these solutions, Electric Era enables businesses to streamline operations and promote sustainable energy usage without compromising their power management strategies.
Ecolink AI
Seed Round in 2023
Ecolink AI is a climate verification and reward platform enabling businesses to verify their sustainable goods and assets, create interactive "nutrition labels" and issue digital token rewards. Ecolink AI is part of the broader Ecosapiens community of 1M+ followers and subscribers.
Syzygy Plasmonics
Series C in 2022
Syzygy Plasmonics, Inc. is a Houston-based company that designs, develops, and manufactures photocatalytic reactor systems for industrial chemical reactions. Founded in 2017, the company focuses on creating reactors capable of generating fuel cell quality hydrogen from ammonia, making them suitable for small-to-medium-scale applications and hydrogen refueling stations for fuel cell vehicles. Unlike conventional chemical reactors, Syzygy's technology operates using light as an energy source and at temperatures over 1,000°F lower, which significantly reduces maintenance costs and allows for rapid production start-stop capabilities. This innovative approach not only enhances efficiency but also supports the decarbonization of hard-to-abate industries by enabling the use of renewable electricity and minimizing reliance on fossil fuels.
Starfire Energy
Series B in 2022
Starfire Energy, founded in 2007 and based in Aurora, Colorado, focuses on the development and deployment of sustainable energy technologies. The company has created a process for synthesizing clean liquid fuel, specifically ammonia, from renewable energy sources such as wind and solar power. This carbon-free ammonia serves multiple purposes, including use as fertilizer, refrigerant, and energy-dense fuel. Starfire Energy's modular systems, designed for easy on-site installation, utilize only renewable energy, air, and water as inputs, thereby supporting clients' needs for energy storage, transportation, heating, and industrial applications while promoting sustainability and reducing carbon emissions.
Li Industries
Series A in 2022
Li Industries is a start-up dedicated to advancing lithium-ion battery recycling technologies. The company focuses on reclaiming materials from end-of-life batteries used in electric vehicles, consumer electronics, and various energy storage systems. By utilizing direct recycling technology, Li Industries specializes in recovering valuable metals such as lithium, cobalt, and nickel, which are essential for battery production. Their innovative electrochemical flow system allows for non-destructive lithiation and optimizes the post-treatment of recovered materials, enhancing the efficiency of the recycling process. Through its efforts, Li Industries aims to minimize environmental waste, lower emissions, and reduce the costs associated with lithium-ion battery manufacturing, thereby promoting a more sustainable supply chain for battery materials.
Aurora Hydrogen
Series A in 2022
Aurora Hydrogen is focused on advancing hydrogen production technology that leverages efficient microwave energy to create clean hydrogen. This innovative approach is designed to decarbonize transportation and industrial processes, allowing for significant reductions in carbon dioxide emissions. The technology is highly scalable, making it suitable for a range of applications from small fueling stations to large industrial setups. Notably, Aurora Hydrogen's production process does not generate carbon dioxide or consume water, positioning the company as a key player in efforts to mitigate climate change by potentially reducing global carbon dioxide emissions by over 500 million tonnes annually.
TAE
Series G in 2022
TAE Technologies, Inc. is a company focused on developing clean fusion energy through advanced particle accelerator and plasma physics. Founded in 1998 and headquartered in Foothill Ranch, California, with an additional office in Rancho Santa Margarita, TAE Technologies aims to create a new source of energy derived from natural processes that generates no harmful byproducts. With over two decades of research, the company is dedicated to commercializing safe and cost-effective fusion power solutions. TAE Technologies also contributes to advancements in power management, electric mobility, and life sciences, addressing the global energy demand while promoting sustainable and carbon-free energy alternatives.
Zap Energy
Series C in 2022
Zap Energy, Inc., founded in 2017 and headquartered in Seattle, Washington, specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. The company’s innovative technology utilizes electric currents to create magnetic fields that confine and compress plasma, enabling efficient energy production through nuclear fusion. This approach offers a low-carbon, cost-effective, and flexible power source while requiring less capital investment compared to traditional fusion methods. By focusing on compact and scalable fusion technology, Zap Energy aims to advance sustainable energy solutions and improve the economics of fusion energy.
Carbon Clean
Series C in 2022
Carbon Clean Solutions, established in 2009, specializes in carbon dioxide (CO2) separation technology for industrial applications. Based in Mumbai, India, with operations and research facilities in the UK, India, and the US, the company offers proprietary technologies such as CDRMax, Meth Pure, and CCS TGR to capture and recover CO2 from various industrial processes, including power plants, steel, cement, fertilizer, chemical, and petrochemical industries. Their patented, energy-efficient APBS CO2 capture process enables up to 90% CO2 removal, reducing emissions and providing industrial-quality CO2 for reuse or sequestration.
Bunge Chevron Ag Renewables
Corporate Round in 2022
Bunge Chevron Ag Renewables develop lower carbon intensity feedstocks.
Ionomr Innovations
Series A in 2022
Ionomr Innovations Inc. is a Vancouver-based company specializing in the design, adaptation, and manufacture of advanced ion-exchange membranes and polymer technologies. Founded in 2013, Ionomr focuses on creating environmentally friendly materials that replace toxic fluorinated chemicals often used in electrochemical applications. Its flagship product line, Aemion, is designed for various applications, including water treatment, energy storage, and clean energy generation. The company’s innovative membranes are known for their alkaline stability, strength, and performance, enabling optimal integration into electrochemical systems. By providing solutions that enhance efficiency and reduce environmental impact, Ionomr aims to support the decarbonization of the planet and foster the development of sustainable systems in the renewable energy and circular chemical economies. Additionally, Ionomr offers chemical engineering services to further support its clients in achieving their operational goals.
Gr3n Recycling
Series B in 2021
Gr3n Recycling has developed an innovative technology that enables the chemical recycling of polyethylene terephthalate (PET) bottles and food containers in a cost-effective manner. By applying microwave technology to a well-established chemical reaction, Gr3n has created a process that not only facilitates the industrial implementation of PET recycling but also depolymerizes polyester textiles to yield virgin PET. This groundbreaking approach has the potential to transform the global PET recycling landscape, offering significant financial benefits and cost savings for the recycling industry.
Hydrogenious Technologies
Venture Round in 2021
Founded in 2013, Hydrogenious Technoloiges is a spin-off of the University of Erlangen-Nuremberg by its CEO Dr. Daniel Teichmann and the three co-founders Prof. Wolfgang Arlt, Prof. Peter Wasserscheid and Prof. Eberhardt Schlücker. The need for safe and efficient hydrogen storage for multi-MWh energy storage systems and safe and reliable hydrogen storage for hydrogen refuelling stations and fuel cell mobility was imminent – and Liquid Organic Hydrogen Carriers (LOHC) proved to be the solution. Having completed the technological proof of concept at the university’s laboratories, the idea became reality and Hydrogenious Technologies, a global pioneer in LOHC based energy storage, was born. With the University of Erlangen-Nuremberg becoming a shareholder in May 2014 and the successful close of a Series A funding round in July 2014 with Anglo American Platinum as investor, Hydrogenious Technologies is now backed with strong scientific, strategic and financial capacities to revolutionize large-scale energy and hydrogen storage.
Raven
Seed Round in 2021
Raven is a producer of green hydrogen and synthetic fuels using organic waste. They transform waste destined for landfills into environmentally friendly, efficient, and profitable clean hydrogen and Fischer-Tropsch synthetic fuels with our patented Steam/CO2 Reformer technology. Raven was in 2018 and is based in Pinedale, Wyoming.
Natel Energy
Series B in 2021
Natel Energy, Inc. develops and sells restoration hydro turbines (RHTs) designed for low head settings to generate renewable electricity from various water sources, including existing low dams, irrigation canals, and streams. These turbines can be installed in existing infrastructure, improving the efficiency of older units and ensuring compliance with environmental standards. The company also offers digital services that enhance operational efficiency and reduce risks for hydropower stakeholders, utilizing machine learning and remote sensing technologies. Additionally, Natel Energy provides HydroForecast, which employs satellite imagery and advanced modeling to deliver accurate hydrological forecasts. Founded in 2005 and based in Alameda, California, Natel Energy aims to support the transition to sustainable energy through innovative hydropower solutions that contribute to a low-carbon grid.
Zap Energy
Series B in 2021
Zap Energy, Inc., founded in 2017 and headquartered in Seattle, Washington, specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. The company’s innovative technology utilizes electric currents to create magnetic fields that confine and compress plasma, enabling efficient energy production through nuclear fusion. This approach offers a low-carbon, cost-effective, and flexible power source while requiring less capital investment compared to traditional fusion methods. By focusing on compact and scalable fusion technology, Zap Energy aims to advance sustainable energy solutions and improve the economics of fusion energy.
Mainspring
Series D in 2021
Mainspring Energy, Inc. is a company based in Menlo Park, California, focused on developing linear generator technology that produces low-carbon, dispatchable energy. Founded in 2010 by three Stanford engineers, Mainspring aims to address the challenges of climate change while providing affordable electricity. The company engineers advanced prototypes of linear generators that convert fuel into electricity through a low-temperature reaction of air and fuel, driving magnets through copper coils. This innovative approach allows Mainspring to offer electricity at lower costs and with greater reliability, contributing to the vision of creating net-zero carbon grids in the future.
Starfire Energy
Venture Round in 2021
Starfire Energy, founded in 2007 and based in Aurora, Colorado, focuses on the development and deployment of sustainable energy technologies. The company has created a process for synthesizing clean liquid fuel, specifically ammonia, from renewable energy sources such as wind and solar power. This carbon-free ammonia serves multiple purposes, including use as fertilizer, refrigerant, and energy-dense fuel. Starfire Energy's modular systems, designed for easy on-site installation, utilize only renewable energy, air, and water as inputs, thereby supporting clients' needs for energy storage, transportation, heating, and industrial applications while promoting sustainability and reducing carbon emissions.
Malta
Series B in 2021
Malta Inc. is a company that specializes in industrial-grade, grid-scale energy storage solutions, particularly through its innovative electro-thermal energy storage technology. Founded in 2018 and based in Cambridge, Massachusetts, Malta's system captures energy from various sources, including renewable (wind and solar) and fossil fuel generators. The process involves converting electrical energy into thermal energy, which is stored in molten salt and later reconverted back into electricity using a heat engine. This technology addresses the challenges of energy curtailment by improving the synchronization of energy generation with demand, thereby facilitating the efficient distribution of electricity to the grid as required. Malta was incubated at the Moonshot Factory and has garnered support from leading venture capital and commercial power industry stakeholders, contributing to its mission of enabling affordable and reliable electricity delivery.
Svante
Series D in 2021
Svante Inc., established in 2007 and headquartered in Burnaby, Canada, specializes in carbon capture and removal solutions. The company develops and manufactures novel solid sorbents, structured adsorbent filters, and rotary contactor machines for post-combustion industrial carbon capture and direct air capture. Svante's leading-edge technology captures and concentrates CO2 from heavy industries' emissions and the atmosphere, enabling customers to reduce capital costs and energy consumption. The company partners with global CCUS stakeholders to scale the industry and facilitate source-to-sink carbon capture projects.
Blue Planet
Series C in 2020
Blue Planet, Ltd. is a company focused on developing and commercializing innovative solutions for CO2 mitigation. Based in Los Gatos, California, it utilizes a biomimetic technology that transforms CO2 into carbonate rocks, which serve as an environmentally friendly alternative to natural limestone in concrete production. The company employs its Liquid Condensed Phase (LCP) Technology to convert CO2 from industrial flue gas into building materials, including coarse and fine aggregates, as well as CO2-sequestered and upcycled aggregates. This approach distinguishes Blue Planet from traditional carbon capture methods by eliminating the need for a costly purification process, making their system more efficient and economically viable. Founded in 2013, Blue Planet aims to provide sustainable solutions for projects that utilize carbon dioxide, contributing to the broader goals of reducing greenhouse gas emissions and promoting environmentally responsible construction practices.
ChargePoint
Series H in 2020
ChargePoint, Inc., founded in 2007 and based in Campbell, California, operates the world’s leading network of electric vehicle (EV) charging stations. Initially known as Coulomb Technologies, the company rebranded in December 2012. ChargePoint offers a range of charging solutions, including public charging stations, consumer subscription plans, and cloud-based services that assist utility companies in managing electric demand. Its hardware products cater to various applications, including home, commercial, and fast-charging systems. The ChargePoint app enhances user experience by allowing consumers to locate, reserve, and monitor their charging sessions. Although it has a global presence with offices in Arizona, Germany, India, the Netherlands, and the United Kingdom, the majority of ChargePoint's revenue is generated in the United States.
Zap Energy
Series A in 2020
Zap Energy, Inc., founded in 2017 and headquartered in Seattle, Washington, specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. The company’s innovative technology utilizes electric currents to create magnetic fields that confine and compress plasma, enabling efficient energy production through nuclear fusion. This approach offers a low-carbon, cost-effective, and flexible power source while requiring less capital investment compared to traditional fusion methods. By focusing on compact and scalable fusion technology, Zap Energy aims to advance sustainable energy solutions and improve the economics of fusion energy.
Natron Energy
Series D in 2020
Natron Energy, Inc. is an energy storage company based in Santa Clara, California, founded in 2012. The company specializes in developing sodium-ion battery technologies, utilizing Prussian Blue electrode materials to create safe and sustainable energy storage solutions. Natron's batteries are designed for various industrial applications, including uninterruptible power supply systems, lift trucks, renewable energy smoothing, and smart grids. These batteries offer advantages such as high power density, efficient recharging, and extended cycle life, and can be produced economically using commodity materials on existing manufacturing lines. Natron Energy operates a software-defined power platform to enhance the integration of its battery solutions across critical backup power systems and other applications.
Carbon Clean
Series B in 2020
Carbon Clean Solutions, established in 2009, specializes in carbon dioxide (CO2) separation technology for industrial applications. Based in Mumbai, India, with operations and research facilities in the UK, India, and the US, the company offers proprietary technologies such as CDRMax, Meth Pure, and CCS TGR to capture and recover CO2 from various industrial processes, including power plants, steel, cement, fertilizer, chemical, and petrochemical industries. Their patented, energy-efficient APBS CO2 capture process enables up to 90% CO2 removal, reducing emissions and providing industrial-quality CO2 for reuse or sequestration.
Carbon Clean
Series B in 2020
Carbon Clean Solutions, established in 2009, specializes in carbon dioxide (CO2) separation technology for industrial applications. Based in Mumbai, India, with operations and research facilities in the UK, India, and the US, the company offers proprietary technologies such as CDRMax, Meth Pure, and CCS TGR to capture and recover CO2 from various industrial processes, including power plants, steel, cement, fertilizer, chemical, and petrochemical industries. Their patented, energy-efficient APBS CO2 capture process enables up to 90% CO2 removal, reducing emissions and providing industrial-quality CO2 for reuse or sequestration.
Svante
Series C in 2019
Svante Inc., established in 2007 and headquartered in Burnaby, Canada, specializes in carbon capture and removal solutions. The company develops and manufactures novel solid sorbents, structured adsorbent filters, and rotary contactor machines for post-combustion industrial carbon capture and direct air capture. Svante's leading-edge technology captures and concentrates CO2 from heavy industries' emissions and the atmosphere, enabling customers to reduce capital costs and energy consumption. The company partners with global CCUS stakeholders to scale the industry and facilitate source-to-sink carbon capture projects.
Carbon Engineering
Private Equity Round in 2019
Carbon Engineering Ltd. is a clean energy company based in Squamish, Canada, founded in 2009. It specializes in developing and commercializing Direct Air Capture (DAC) technology, which captures carbon dioxide (CO2) directly from the atmosphere. The company's innovative approach allows large facilities to manage emissions from various sources, including vehicles, airplanes, and buildings, thereby addressing a significant portion of global emissions. Carbon Engineering's technology integrates processes such as an air contactor and a regeneration cycle, enabling continuous capture of atmospheric CO2 and the production of pure carbon dioxide. Additionally, the company focuses on converting captured CO2 into clean and affordable transportation fuels, aiming to contribute effectively to climate solutions and assist businesses in meeting net-zero targets.
Natron Energy
Venture Round in 2019
Natron Energy, Inc. is an energy storage company based in Santa Clara, California, founded in 2012. The company specializes in developing sodium-ion battery technologies, utilizing Prussian Blue electrode materials to create safe and sustainable energy storage solutions. Natron's batteries are designed for various industrial applications, including uninterruptible power supply systems, lift trucks, renewable energy smoothing, and smart grids. These batteries offer advantages such as high power density, efficient recharging, and extended cycle life, and can be produced economically using commodity materials on existing manufacturing lines. Natron Energy operates a software-defined power platform to enhance the integration of its battery solutions across critical backup power systems and other applications.
Carbon Engineering
Series A in 2019
Carbon Engineering Ltd. is a clean energy company based in Squamish, Canada, founded in 2009. It specializes in developing and commercializing Direct Air Capture (DAC) technology, which captures carbon dioxide (CO2) directly from the atmosphere. The company's innovative approach allows large facilities to manage emissions from various sources, including vehicles, airplanes, and buildings, thereby addressing a significant portion of global emissions. Carbon Engineering's technology integrates processes such as an air contactor and a regeneration cycle, enabling continuous capture of atmospheric CO2 and the production of pure carbon dioxide. Additionally, the company focuses on converting captured CO2 into clean and affordable transportation fuels, aiming to contribute effectively to climate solutions and assist businesses in meeting net-zero targets.
ChargePoint
Series H in 2018
ChargePoint, Inc., founded in 2007 and based in Campbell, California, operates the world’s leading network of electric vehicle (EV) charging stations. Initially known as Coulomb Technologies, the company rebranded in December 2012. ChargePoint offers a range of charging solutions, including public charging stations, consumer subscription plans, and cloud-based services that assist utility companies in managing electric demand. Its hardware products cater to various applications, including home, commercial, and fast-charging systems. The ChargePoint app enhances user experience by allowing consumers to locate, reserve, and monitor their charging sessions. Although it has a global presence with offices in Arizona, Germany, India, the Netherlands, and the United Kingdom, the majority of ChargePoint's revenue is generated in the United States.
Svante
Series C in 2018
Svante Inc., established in 2007 and headquartered in Burnaby, Canada, specializes in carbon capture and removal solutions. The company develops and manufactures novel solid sorbents, structured adsorbent filters, and rotary contactor machines for post-combustion industrial carbon capture and direct air capture. Svante's leading-edge technology captures and concentrates CO2 from heavy industries' emissions and the atmosphere, enabling customers to reduce capital costs and energy consumption. The company partners with global CCUS stakeholders to scale the industry and facilitate source-to-sink carbon capture projects.
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.
BrightSource
Series E in 2011
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.
Solazyme
Series D in 2010
Solazyme is a synthetic biology company that specializes in converting algal biomass into biofuels. Solazyme not only creates biofuels for the the transportation industry, but is experimenting with ways to tailor its products for the cosmetic and food industries.
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.
Konarka Technologies
Series F in 2007
Konarka Technologies, Inc. develops and advances nano-enabled polymer photovoltaic materials for commercial, industrial, government, and consumer applications. It provides standard products to serve portable power needs; and custom solutions, such as roll up chargers, personal accessories, and fold up chargers. The company's products are used in outdoor, portable power, indoor and remote sensing, and mission critical applications. It has strategic partnerships with Air Products, 24 Innovations, Kurz, SkyShades, Chevron, Merck, Toppan Forms, Dupont, Siemens, and the U.S. Air Force. Konarka Technologies, Inc. was founded in 2001 and is headquartered in Lowell, Massachusetts with business development offices in Asia. It has a research and development facility in Austria. The company has operations in the United States, Europe, and Asia.
INFICON Holding
Post in 2003
INFICON Holding AG is a Swiss company that specializes in providing advanced instrumentation and critical sensor technologies for gas analysis, measurement, and control across various industrial applications. Its products are essential for gas leak detection in air conditioning, refrigeration, and automotive manufacturing, as well as in the fabrication of semiconductors and thin film coatings used in optics, flat panel displays, and solar cells. INFICON's portfolio includes leak detectors, gauges, chemical detectors, mass spectrometers, and vacuum gauge controllers, all designed to enhance productivity, quality, and environmental safety. The company serves a diverse range of sectors, including life sciences, aerospace, packaging, and industrial processing. With manufacturing facilities located in Europe, the United States, and China, and a global presence through subsidiaries in multiple countries, INFICON is committed to maintaining high standards, evidenced by its ISO 9001 and ISO 14001 registrations. Its products are also RoHS compliant, reflecting the company's dedication to reducing harmful environmental impacts and energy consumption.
Konarka Technologies
Series B in 2002
Konarka Technologies, Inc. develops and advances nano-enabled polymer photovoltaic materials for commercial, industrial, government, and consumer applications. It provides standard products to serve portable power needs; and custom solutions, such as roll up chargers, personal accessories, and fold up chargers. The company's products are used in outdoor, portable power, indoor and remote sensing, and mission critical applications. It has strategic partnerships with Air Products, 24 Innovations, Kurz, SkyShades, Chevron, Merck, Toppan Forms, Dupont, Siemens, and the U.S. Air Force. Konarka Technologies, Inc. was founded in 2001 and is headquartered in Lowell, Massachusetts with business development offices in Asia. It has a research and development facility in Austria. The company has operations in the United States, Europe, and Asia.
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