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.

Karl Allen

Principal

Kemal Anbarci

Investor

Nicholas Brumvele

Investor

JB Clavaud

Investor

Stuart Coleman

Principal

Past deals in Industrial Engineering

Li Industries

Series B in 2024
Li Industries is a start-up focused on advancing lithium-ion battery recycling technologies. The company specializes in the recovery of valuable materials such as lithium, cobalt, and nickel from end-of-life batteries used in electric vehicles, consumer electronics, and other energy storage systems. By utilizing innovative direct recycling technology and a scalable electrochemical flow system, Li Industries aims to extract these essential metals efficiently and sustainably. This process not only reduces environmental waste but also supports the production of new batteries from recycled components. By optimizing the recovery and treatment of these materials, Li Industries contributes to lowering energy consumption and emissions in the battery production process, ultimately fostering a more sustainable supply chain for battery manufacturing.

Li Industries

Series A in 2022
Li Industries is a start-up focused on advancing lithium-ion battery recycling technologies. The company specializes in the recovery of valuable materials such as lithium, cobalt, and nickel from end-of-life batteries used in electric vehicles, consumer electronics, and other energy storage systems. By utilizing innovative direct recycling technology and a scalable electrochemical flow system, Li Industries aims to extract these essential metals efficiently and sustainably. This process not only reduces environmental waste but also supports the production of new batteries from recycled components. By optimizing the recovery and treatment of these materials, Li Industries contributes to lowering energy consumption and emissions in the battery production process, ultimately fostering a more sustainable supply chain for battery manufacturing.

INGU

Series A in 2019
INGU specializes in transforming pipeline inspection for the oil and gas sector. It offers a self-serve inspection model that significantly reduces costs by using miniature, multi-sensor Pipers® technology capable of inspecting pipelines as small as 2 inches in diameter. This approach enables more frequent inspections across all assets, providing clients with continuous access to up-to-date condition-critical data for optimized planning and decision-making.

Carbon Engineering

Private Equity Round in 2019
Carbon Engineering Ltd. is a clean energy company based in Squamish, Canada, that specializes in the development and commercialization of Direct Air Capture technology. Founded in 2009, the company focuses on capturing carbon dioxide (CO2) directly from the atmosphere, which allows for the management of emissions from a variety of distributed and mobile sources, including vehicles and buildings. Its innovative chemical-based CO2 air capture system integrates processes such as an air contactor and a regeneration cycle, enabling continuous capture and production of pure CO2. Carbon Engineering aims to convert captured CO2 into clean, affordable transportation fuels, addressing the global climate challenge by facilitating the deployment of its technology to help businesses reduce their carbon footprint and achieve net-zero targets.

Carbon Engineering

Series A in 2019
Carbon Engineering Ltd. is a clean energy company based in Squamish, Canada, that specializes in the development and commercialization of Direct Air Capture technology. Founded in 2009, the company focuses on capturing carbon dioxide (CO2) directly from the atmosphere, which allows for the management of emissions from a variety of distributed and mobile sources, including vehicles and buildings. Its innovative chemical-based CO2 air capture system integrates processes such as an air contactor and a regeneration cycle, enabling continuous capture and production of pure CO2. Carbon Engineering aims to convert captured CO2 into clean, affordable transportation fuels, addressing the global climate challenge by facilitating the deployment of its technology to help businesses reduce their carbon footprint and achieve net-zero targets.

DynaPump

Series C in 2008
DynaPump, Inc. is a manufacturer of surface-mounted artificial lift systems specifically designed for the oil and gas industry, aimed at optimizing the production of oil and gas wells. Established in 1992, the company began commercial sales in 1999 and has since sold over 400 units across diverse markets, including North America, South America, and the Middle East. DynaPump provides comprehensive solutions that include pumping units, hydraulic systems, and control centers, as well as a range of services such as site service and project management. To support its products, the company operates service centers across the United States and collaborates with local distributors for international sales and service, ensuring broad accessibility and support for its technology.

DynaPump

Series C in 2007
DynaPump, Inc. is a manufacturer of surface-mounted artificial lift systems specifically designed for the oil and gas industry, aimed at optimizing the production of oil and gas wells. Established in 1992, the company began commercial sales in 1999 and has since sold over 400 units across diverse markets, including North America, South America, and the Middle East. DynaPump provides comprehensive solutions that include pumping units, hydraulic systems, and control centers, as well as a range of services such as site service and project management. To support its products, the company operates service centers across the United States and collaborates with local distributors for international sales and service, ensuring broad accessibility and support for its technology.
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.