Chevron Technology Ventures
Chevron Technology Ventures is the corporate venture capital arm of Chevron Corporation, focused on scouting, funding, testing, validating, and integrating emerging technologies into Chevron's core businesses. Founded in 1999 and based in Houston, with a presence in California, it identifies early-stage companies across the United States and pursues opportunities in areas such as industrial decarbonization, emerging mobility, energy decentralization, circular economy, water management, advanced materials, hydrogen infrastructure, sensors, and related digital technologies. The team collaborates with startups to develop and commercialize technologies that can enhance Chevron's operations, reduce costs, and improve performance, acting as an innovation partner that helps Chevron adopt new capabilities while aligning with the company's strategy.
Top Sectors
Top Regions
https://crunchbase.com/organization/***
https://linkedin.com/company/***
https://signal.nfx.com/firms/***
Past deals in Electricity
ElectraLith
Series A in 2025
ElectraLith develops direct lithium extraction and refining technology to enable efficient and sustainable lithium production. Its technology uses electricity to extract and refine lithium, with the aim of lowering costs for both brine and hard rock producers and enabling production from a broad range of feedstocks worldwide.
Malta
Venture Round in 2023
Malta is a developer of industrial-grade, grid-scale electro-thermal energy storage technology. The system captures energy from wind, solar, and fossil generators, converts electrical energy into thermal energy by creating a temperature difference, stores heat in molten salt, and reconverts it to electricity with a heat engine to be dispatched to the grid when needed. The technology enables long-duration energy storage, helping mitigate wind and solar curtailment and improve the matching of generation and demand, addressing bottlenecks in distribution and transmission and supporting affordable, reliable electricity on demand. Founded in 2018 and based in Cambridge, Massachusetts, Malta's solution targets grid operators and energy players seeking to balance supply and demand with grid-scale storage.
Electric Era Technologies
Series A in 2023
Electric Era Technologies specializes in AI-controlled battery storage systems for efficient operation of electric vehicle (EV) charging stations. Its PowerNode-OS platform ensures optimized and reliable charging across all PowerNode stations.
Natel Energy
Series B in 2021
Founded in 2005, Natel Energy designs, builds, and sells restoration hydro turbines for generating renewable electricity from moving water across drops. Its turbines can be installed in various settings, including retrofit of existing turbines, non-power dams, irrigation canals, and new stream reach developments. The company also offers digital services like HydroForecast, which uses satellite imagery and machine learning for hydrologic modeling and power generation forecasting.
Mainspring
Series D in 2021
Mainspring Energy, Inc. is a technology company based in Menlo Park, California, that specializes in developing linear generator technology for low carbon, dispatchable energy solutions. Founded in 2010 by three Stanford engineers, the company focuses on creating advanced prototypes that convert fuel into electricity through a unique, low-temperature reaction of air and fuel. This innovative approach allows Mainspring to offer generators that provide affordable, reliable electricity while significantly reducing carbon emissions compared to traditional electric grids. The company's mission is to address climate change and enhance energy accessibility, contributing to the development of net-zero carbon energy systems for the future.
Malta
Series B in 2021
Malta is a developer of industrial-grade, grid-scale electro-thermal energy storage technology. The system captures energy from wind, solar, and fossil generators, converts electrical energy into thermal energy by creating a temperature difference, stores heat in molten salt, and reconverts it to electricity with a heat engine to be dispatched to the grid when needed. The technology enables long-duration energy storage, helping mitigate wind and solar curtailment and improve the matching of generation and demand, addressing bottlenecks in distribution and transmission and supporting affordable, reliable electricity on demand. Founded in 2018 and based in Cambridge, Massachusetts, Malta's solution targets grid operators and energy players seeking to balance supply and demand with grid-scale storage.
Noble Energy
Acquisition in 2020
Noble Energy, established in 1932, is a Houston-based independent energy company. It engages in the exploration, development, and production of crude oil and natural gas. The company's assets span onshore unconventional basins in the U.S. and offshore conventional basins in the Eastern Mediterranean and off the west coast of Africa. As of 2019, Noble Energy had total proved reserves of 2.05 billion barrels of oil equivalent. Additionally, it owns and operates midstream infrastructure assets in the DJ and Delaware Basins. In 2020, the company became a subsidiary of Chevron Corporation.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.