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 Energy
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.
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.
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.
Infinitum
Series E in 2023
Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.
Hess Corporation
Acquisition in 2023
Hess Corporation is a leading global independent energy company primarily engaged in the exploration and production of crude oil and natural gas. Hess Corporation has developed apps like Hess Jet and Hess Chopper. This company was founded in 1993.
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.
ACES Delta
Acquisition in 2023
ACES Delta brings utility and industrial scale solutions of production and conversion to storage and delivery.
Sapphire Technologies
Series B in 2023
Sapphire Technologies specializes in the development, manufacturing, and sale of energy recovery systems for industrial and commercial applications involving natural gas and hydrogen. The company’s innovative systems are engineered to convert waste energy generated during pressure reduction processes into electric power, all while ensuring that manufacturing and processing activities remain uninterrupted. By enabling businesses to recover this otherwise wasted pressure energy, Sapphire Technologies assists in maximizing plant efficiencies, enhancing productivity, and reducing carbon emissions. Additionally, their solutions help offset electrical costs and create cash flow opportunities for companies, contributing to more sustainable operations in the energy sector.
PDC Energy
Acquisition in 2023
PDC Energy Inc is a domestic independent exploration and production company, primarily operating in the Wattenberg Field of Colorado and the Delaware Basin in west Texas. The company focuses on acquiring, exploring, and developing properties for crude oil, natural gas, and NGLs production. PDC's operations in the Wattenberg Field are concentrated in the horizontal Niobrara and Codell plays, while its Delaware Basin activities are centered around the horizontal Wolfcamp zones. The company emphasizes organic growth through active horizontal drilling programs.
Worlds
Series A in 2023
Worlds, Inc., established in 2018 and based in Dallas, Texas, specializes in spatial artificial intelligence (AI) solutions. The company's flagship product, SpatialSense, is a comprehensive platform that combines deep learning and IoT within a 4D environment. SpatialSense enables organizations to remotely monitor and analyze their physical spaces, providing insights into people, objects, and events. The platform includes modules for AI training, 3D modeling, spatial navigation, and AI bot creation. Worlds serves clients in military, healthcare, and energy sectors, helping them optimize their operations through real-world automation.
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.
Baseload Capital
Convertible Note in 2022
Baseload Capital is a specialized investment entity focused on the development and financing of renewable heat power and geothermal power plants. Operating globally, the company provides financial services and advisory support to heat power operators, equipping them with the necessary tools to construct and manage sustainable energy facilities. Through its efforts, Baseload Capital aims to contribute to the electrification of the planet with green electricity, fostering the transition to renewable energy sources.
Enmacc
Series B in 2022
Enmacc GmbH, founded in 2016 and based in Munich, Germany, operates a digital over-the-counter (OTC) energy trading platform that facilitates the procurement and trading of both standardized and non-standardized energy products. The platform serves a diverse clientele, including energy traders, portfolio managers, and procurement officers from large energy companies and industrial consumers. Enmacc enhances the trading process by providing increased speed, efficiency, and security, allowing participants to trade directly with market counterparts without intermediaries. The platform features three trading screens: entender, an independent request-for-quote platform; enmarket, an open marketplace for bilateral trading; and engreen, which specializes in Guarantees of Origin and facilitates access to real-time pricing. With a network of over 410 companies and 1,800 active traders, Enmacc promotes greater market access and liquidity, streamlining the daily operations of energy market participants.
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.
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.
Infinitum
Series D in 2022
Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.
Sapphire Technologies
Series A in 2021
Sapphire Technologies specializes in the development, manufacturing, and sale of energy recovery systems for industrial and commercial applications involving natural gas and hydrogen. The company’s innovative systems are engineered to convert waste energy generated during pressure reduction processes into electric power, all while ensuring that manufacturing and processing activities remain uninterrupted. By enabling businesses to recover this otherwise wasted pressure energy, Sapphire Technologies assists in maximizing plant efficiencies, enhancing productivity, and reducing carbon emissions. Additionally, their solutions help offset electrical costs and create cash flow opportunities for companies, contributing to more sustainable operations in the energy sector.
Infinitum
Series C in 2021
Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.
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.
Ocergy
Series A in 2021
Ocergy is focused on developing advanced ocean systems to address energy and environmental challenges in a sustainable manner. The company's flagship product, OCG-Wind, is a cost-effective foundation designed to support the next generation of large offshore wind turbines, featuring a lightweight hull that minimizes the levelized cost of energy (LCOE) and facilitates local supply chain utilization during fabrication. Additionally, Ocergy offers OCG-Data, a comprehensive ocean observing system that supports offshore site assessments and hosts multiple instrumentation packages for resource and environmental monitoring. This system incorporates technologies for underwater biodiversity monitoring, including restoration techniques and passive acoustic monitoring, as well as systems for detecting and identifying birds and bats. By providing high-quality ecological data, OCG-Data enhances stakeholder engagement and supports informed decision-making in offshore projects.
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.
Baseload Capital
Venture Round in 2021
Baseload Capital is a specialized investment entity focused on the development and financing of renewable heat power and geothermal power plants. Operating globally, the company provides financial services and advisory support to heat power operators, equipping them with the necessary tools to construct and manage sustainable energy facilities. Through its efforts, Baseload Capital aims to contribute to the electrification of the planet with green electricity, fostering the transition to renewable energy sources.
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.
Eavor
Venture Round in 2021
Eavor Technologies Inc., established in 2017 and headquartered in Calgary, Canada, specializes in generating industrial-scale electricity using innovative geothermal technology. The company's core product, the Eavor-Loop™ system, harnesses heat from deep within the earth, utilizing wells to produce brine from a subsurface aquifer. This heat is then employed for commercial heating applications. Eavor also operates the Eavor-Lite™ Demonstration Project, a prototype of its technology suite. The company's solution aims to provide a clean, carbon-neutral, and scalable baseload power source, mitigating traditional geothermal challenges by using existing commercial componentry in a novel configuration and leveraging recent advances in drilling techniques and heat-to-power generation technology.
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.
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.
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.
Vutility
Series A in 2020
Vutility is a leading provider of real-time energy monitoring solutions that help businesses optimize energy consumption and enhance operational efficiencies. The company utilizes its proprietary HotDrop technology to deliver high-resolution insights into utility usage. This innovative system allows various sectors, including retail and commercial industries, to track utility consumption in real time, facilitating better decision-making and cost savings. By enabling consumers, businesses, and governments to monitor their energy usage, Vutility plays a crucial role in promoting energy efficiency and sustainability.
Worlds
Series A in 2020
Worlds, Inc., established in 2018 and based in Dallas, Texas, specializes in spatial artificial intelligence (AI) solutions. The company's flagship product, SpatialSense, is a comprehensive platform that combines deep learning and IoT within a 4D environment. SpatialSense enables organizations to remotely monitor and analyze their physical spaces, providing insights into people, objects, and events. The platform includes modules for AI training, 3D modeling, spatial navigation, and AI bot creation. Worlds serves clients in military, healthcare, and energy sectors, helping them optimize their operations through real-world automation.
Puma Energy Australia
Acquisition in 2019
Puma Energy Australia Holdings Pty Ltd is a prominent fuel supplier engaged in the storage, distribution, and retail sale of various fuel products across the country. Established in 2010 and based in Hamilton, the company offers a comprehensive range of bulk fuels, including diesel, biodiesel, aviation fuels, and lubricants, catering to industries such as mining, agriculture, transport, marine, and aviation. Puma Energy operates a network of fuel service stations, including unmanned sites, along with seaboard import terminals and distribution depots. Additionally, the company provides fuel storage solutions, equipment for sale or lease, and customized fleet fuel card solutions, all supported by expert advice on fuel management and safety. As of mid-2020, Puma Energy Australia operates as a subsidiary of Chevron Australia Downstream Pty Ltd.
Modumetal
Venture Round in 2019
Modumetal, Inc. is a manufacturer and developer of nano laminated metals and materials, founded in 2006 and headquartered in Seattle, Washington, with an additional sales office in The Woodlands, Texas. The company specializes in producing industrial-scale nanolaminated alloys that are stronger and lighter than steel, as well as more corrosion-resistant and durable than traditional metals. By utilizing electricity instead of heat in their manufacturing process, Modumetal reduces environmental impact while delivering high-performance solutions. Their products, which include customized alloys, coatings, fasteners, pumps, valves, and production tubulars, cater to various industries, including energy, aerospace, automotive, defense, infrastructure, and construction. Modumetal's technology enables these sectors to enhance performance and achieve cost-effective alternatives to conventional materials.
Infinitum
Series B in 2019
Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.
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.
Modumetal
Venture Round in 2012
Modumetal, Inc. is a manufacturer and developer of nano laminated metals and materials, founded in 2006 and headquartered in Seattle, Washington, with an additional sales office in The Woodlands, Texas. The company specializes in producing industrial-scale nanolaminated alloys that are stronger and lighter than steel, as well as more corrosion-resistant and durable than traditional metals. By utilizing electricity instead of heat in their manufacturing process, Modumetal reduces environmental impact while delivering high-performance solutions. Their products, which include customized alloys, coatings, fasteners, pumps, valves, and production tubulars, cater to various industries, including energy, aerospace, automotive, defense, infrastructure, and construction. Modumetal's technology enables these sectors to enhance performance and achieve cost-effective alternatives to conventional materials.
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.
LS9
Series D in 2010
LS9, based in South San Francisco, California, is a privately-held industrial biotechnology company focused on developing renewable petroleum biofuels and sustainable chemicals. Utilizing advanced synthetic biology techniques, LS9 creates patent-pending UltraClean fuels, emphasizing both innovation and sustainability in the energy sector. The company's goal is to produce hydrocarbon biofuels that serve as environmentally friendly alternatives to traditional fossil fuels, thereby contributing to a more sustainable future.
Atlas Energy
Acquisition in 2010
Atlas Energy Group, LLC, established in 2011 and headquartered in Fort Worth, Texas, is engaged in the development and production of natural gas, crude oil, and natural gas liquids in the United States. The company's primary operations include interests in the Eagle Ford Shale in southern Texas, the Marble Falls play in the Fort Worth Basin in northern Texas, and the Mississippi Lime play in northwestern Oklahoma. Additionally, Atlas Energy invests in master limited partnership qualifying energy-related businesses and assets.
Stingray Geophysical
Venture Round in 2010
Stingray Geophysical specializes in providing Permanent Reservoir Monitoring (PRM) solutions tailored for the global oil and gas industry. The company offers reliable and cost-effective services that assist energy companies in monitoring the movement, levels, and pressure of hydrocarbons within reservoirs. Through its advanced seismic technology, Stingray Geophysical enables clients to enhance production, boost hydrocarbon reserves, and effectively manage associated risks and costs.
LS9
Series C in 2009
LS9, based in South San Francisco, California, is a privately-held industrial biotechnology company focused on developing renewable petroleum biofuels and sustainable chemicals. Utilizing advanced synthetic biology techniques, LS9 creates patent-pending UltraClean fuels, emphasizing both innovation and sustainability in the energy sector. The company's goal is to produce hydrocarbon biofuels that serve as environmentally friendly alternatives to traditional fossil fuels, thereby contributing to a more sustainable future.
Soane Energy
Venture Round in 2009
Soane Energy LLC is a specialty materials company based in Cambridge, Massachusetts, focused on developing innovative chemical solutions for the oil and gas industry. Established in 2006, the company utilizes polymers and surface science to enhance efficiency and minimize the environmental impact associated with oil and gas exploration and production. Soane Energy offers a range of products and technologies, including self-suspending materials that improve proppant transport, friction-reducing additives, and systems designed to remove impurities from hydraulic fracturing wastewater. Additionally, the company has developed processes for treating wastewater produced by oil sands extraction. Through its advancements, Soane Energy aims to address the global demand for energy while promoting environmental sustainability.
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.
Stingray Geophysical
Series A in 2006
Stingray Geophysical specializes in providing Permanent Reservoir Monitoring (PRM) solutions tailored for the global oil and gas industry. The company offers reliable and cost-effective services that assist energy companies in monitoring the movement, levels, and pressure of hydrocarbons within reservoirs. Through its advanced seismic technology, Stingray Geophysical enables clients to enhance production, boost hydrocarbon reserves, and effectively manage associated risks and costs.
Stingray Geophysical
Venture Round in 2006
Stingray Geophysical specializes in providing Permanent Reservoir Monitoring (PRM) solutions tailored for the global oil and gas industry. The company offers reliable and cost-effective services that assist energy companies in monitoring the movement, levels, and pressure of hydrocarbons within reservoirs. Through its advanced seismic technology, Stingray Geophysical enables clients to enhance production, boost hydrocarbon reserves, and effectively manage associated risks and costs.
Unocal
Acquisition in 2005
Unocal Corporation is engaged in the exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids. The company operates across various stages of the energy supply chain, focusing on the extraction and management of hydrocarbon resources. Through its operations, Unocal plays a significant role in meeting energy demands while contributing to the overall energy sector.
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