Chevron

Chevron Corporation is a leading integrated energy company involved in various aspects of the oil and gas industry, including exploration, production, refining, marketing, and chemicals manufacturing. Headquartered in San Ramon, California, the company operates globally, with significant production activities across North America, South America, Europe, Africa, Asia, and Australia. Chevron produces approximately 3.1 million barrels of oil equivalent per day, alongside refining capacity of 1.8 million barrels per day. The company markets fuels, lubricants, and petrochemical products under well-known brands such as Chevron, Texaco, and Caltex. Additionally, Chevron Technology Ventures serves as the company's venture capital arm, investing in early-stage companies and emerging technologies to enhance operational efficiency and foster future energy solutions, including renewable energy and advanced materials. Chevron is committed to developing technology for hydrogen-powered fuel cells and other sustainable energy resources while maintaining a strong focus on traditional oil and gas operations.

Karl Allen

Principal

Kemal Anbarci

Vice President and Managing Executive

Paul Bennett

Vice President and Treasurer

Nicholas Brumvele

Investor

Thomas Bunting

Principal

Barbara Burger

President

JB Clavaud

Investor

Stuart Coleman

Principal

Edem Dzakpasu

Principal

Chevron Equipment Finance

Finance Broker

Niaz Faruqui

Principal

Nabeel Hasnain

Principal

James Johnson

Executive Vice President and Executive

Pawel Konzal

Investor

Bruce L. Niemeyer

Vice President, Strategic Planning

Ryan Owen

Investor

Rich Pardoe

Venture Executive

Luca Rigo de Righi

Investor

Michael K. Wirth

Chairman of the Board and CEO

Past deals in Texas

Infinitum

Series D in 2022
Infinitum Electric Inc. is a technology company based in Austin, Texas, specializing in the manufacture of electric motors and control products. Established in 2014, the company leverages its innovative printed circuit board (PCB) stator technology to produce lightweight, efficient, and durable electric motors. This technology positions Infinitum at the forefront of the motor industry, offering products that are not only cost-effective but also optimized for a variety of applications across multiple sectors. Infinitum Electric collaborates with global manufacturers and industrial original equipment manufacturers (OEMs) to tailor its motor solutions to meet specific market needs. The company, previously known as Fanergies Inc., rebranded in December 2016 to reflect its focus on advanced motor technology.

Infinitum

Series C in 2021
Infinitum Electric Inc. is a technology company based in Austin, Texas, specializing in the manufacture of electric motors and control products. Established in 2014, the company leverages its innovative printed circuit board (PCB) stator technology to produce lightweight, efficient, and durable electric motors. This technology positions Infinitum at the forefront of the motor industry, offering products that are not only cost-effective but also optimized for a variety of applications across multiple sectors. Infinitum Electric collaborates with global manufacturers and industrial original equipment manufacturers (OEMs) to tailor its motor solutions to meet specific market needs. The company, previously known as Fanergies Inc., rebranded in December 2016 to reflect its focus on advanced motor technology.

Mission Secure

Series B in 2021
Mission Secure, Inc. specializes in cybersecurity solutions for operational technology and control systems, focusing on protecting critical physical assets from cyber threats. The company offers the MSi Platform, which provides comprehensive monitoring, visibility, and protection against cyber adversaries, insider attacks, and supply chain disruptions. This platform is designed for various industries, including oil and gas, power, chemicals, and defense, ensuring that clients can maintain secure and continuous operations. With its 24/7 managed services, the platform delivers military-grade protection and integrates essential features such as segmentation, threat hunting, and incident response. Founded in 2014 and headquartered in Charlottesville, Virginia, Mission Secure also has offices in Houston, Texas, and Cheltenham, United Kingdom, and collaborates with partners like Comodo Cybersecurity to enhance its offerings.

Noble Energy

Acquisition in 2020
Noble Energy is an independent oil and natural gas exploration and production company. The Company operates a high-quality portfolio of assets onshore in the United States and offshore in the Eastern Mediterranean and off the west coast of Africa.

Veros Systems

Series C in 2020
Veros Systems enables industrial customers to maximize production by providing actionable intelligence on their electrically-driven machines. Their web-based Predictive Intelligence Platform uses completely nonintrusive monitors that can be installed in hours. PIP offers real-time predictive reliability and energy efficiency intelligence on electromechanical systems, and seamlessly integrates with leading Enterprise Asset Management applications. At last, engineers, managers, and executives have a means to see the future: to plan better, reduce costs, and improve a facility’s overall availability.

ThoughtTrace

Venture Round in 2020
ThoughtTrace™ exists to empower people and companies to greater insight and creativity through better access to their most challenging information. We help enterprises review and validate critical information in existing contracts and legal documents. Using artificial intelligence (AI), natural language processing, and machine learning, our SaaS platform, ALI™ reads words, sentences, and paragraphs just like a human does, driving better strategy, decisions, and execution. With results in minutes or hours, not weeks or months, advanced analysis and understanding is your edge.

Worlds

Series A in 2020
Worlds, Inc. specializes in spatial artificial intelligence solutions, providing the SpatialSense platform that integrates deep learning and Internet of Things (IoT) technologies within a 4D environment. This platform enables organizations to remotely observe and analyze their physical spaces. Key components of SpatialSense include WorldTrainer, which trains AI to recognize and interpret various elements within a scene; WorldBuilder, which facilitates the modeling of environments with imported 3D geometry; WorldNavigator, allowing virtual teleportation between locations; and WorldAI, enabling the creation of narrow AI applications. The company caters to clients in sectors such as military, healthcare, and energy. Worlds, Inc. was founded in 2018 and is headquartered in Dallas, Texas.

Infinitum

Series B in 2019
Infinitum Electric Inc. is a technology company based in Austin, Texas, specializing in the manufacture of electric motors and control products. Established in 2014, the company leverages its innovative printed circuit board (PCB) stator technology to produce lightweight, efficient, and durable electric motors. This technology positions Infinitum at the forefront of the motor industry, offering products that are not only cost-effective but also optimized for a variety of applications across multiple sectors. Infinitum Electric collaborates with global manufacturers and industrial original equipment manufacturers (OEMs) to tailor its motor solutions to meet specific market needs. The company, previously known as Fanergies Inc., rebranded in December 2016 to reflect its focus on advanced motor technology.

Mission Secure

Series A in 2018
Mission Secure, Inc. specializes in cybersecurity solutions for operational technology and control systems, focusing on protecting critical physical assets from cyber threats. The company offers the MSi Platform, which provides comprehensive monitoring, visibility, and protection against cyber adversaries, insider attacks, and supply chain disruptions. This platform is designed for various industries, including oil and gas, power, chemicals, and defense, ensuring that clients can maintain secure and continuous operations. With its 24/7 managed services, the platform delivers military-grade protection and integrates essential features such as segmentation, threat hunting, and incident response. Founded in 2014 and headquartered in Charlottesville, Virginia, Mission Secure also has offices in Houston, Texas, and Cheltenham, United Kingdom, and collaborates with partners like Comodo Cybersecurity to enhance its offerings.

Maana

Series C in 2017
Maana, Inc. specializes in developing industrial data analytics and digital knowledge technology software solutions. The company offers the Maana Knowledge Platform, which facilitates operational problem-solving, and the patented Knowledge Graph, designed to extract and contextualize knowledge from various data sources. This technology is particularly beneficial for industries such as oil and gas, field services, maintenance, sales, logistics, finance, and compliance, enabling companies to optimize their processes and enhance profitability. Notable clients, including GE, Chevron, and Shell, leverage Maana's solutions to operationalize insights and improve decision-making for their workforces. Founded in 2012 and headquartered in Palo Alto, California, Maana also maintains offices in Bellevue, Washington; Houston, Texas; London, United Kingdom; and Dhahran, Saudi Arabia. The company is privately held and supported by investors such as Chevron Technology Ventures and Intel Capital.

Maana

Series B in 2016
Maana, Inc. specializes in developing industrial data analytics and digital knowledge technology software solutions. The company offers the Maana Knowledge Platform, which facilitates operational problem-solving, and the patented Knowledge Graph, designed to extract and contextualize knowledge from various data sources. This technology is particularly beneficial for industries such as oil and gas, field services, maintenance, sales, logistics, finance, and compliance, enabling companies to optimize their processes and enhance profitability. Notable clients, including GE, Chevron, and Shell, leverage Maana's solutions to operationalize insights and improve decision-making for their workforces. Founded in 2012 and headquartered in Palo Alto, California, Maana also maintains offices in Bellevue, Washington; Houston, Texas; London, United Kingdom; and Dhahran, Saudi Arabia. The company is privately held and supported by investors such as Chevron Technology Ventures and Intel Capital.

Maana

Series A in 2015
Maana, Inc. specializes in developing industrial data analytics and digital knowledge technology software solutions. The company offers the Maana Knowledge Platform, which facilitates operational problem-solving, and the patented Knowledge Graph, designed to extract and contextualize knowledge from various data sources. This technology is particularly beneficial for industries such as oil and gas, field services, maintenance, sales, logistics, finance, and compliance, enabling companies to optimize their processes and enhance profitability. Notable clients, including GE, Chevron, and Shell, leverage Maana's solutions to operationalize insights and improve decision-making for their workforces. Founded in 2012 and headquartered in Palo Alto, California, Maana also maintains offices in Bellevue, Washington; Houston, Texas; London, United Kingdom; and Dhahran, Saudi Arabia. The company is privately held and supported by investors such as Chevron Technology Ventures and Intel Capital.

NSS Labs

Series B in 2015
NSS Labs, Inc. is a leading provider of independent cybersecurity guidance, dedicated to enhancing transparency and accountability in the industry. Founded in 1991 and based in Austin, Texas, the company specializes in security product testing solutions, offering comprehensive reports and analysis across various domains, including network security, endpoint security, and data center security. NSS Labs also provides a cloud-based platform known as the Cyber Advanced Warning System (CAWS), which helps clients identify and mitigate risks in real time. This platform supports continuous security validation, enabling businesses to assess the effectiveness of their security controls and inform their investment decisions. The company's research and advisory services are utilized by cybersecurity professionals, including CISOs and analysts, from some of the world's largest enterprises. NSS Labs' commitment to delivering timely and relevant information has established it as a trusted resource in the cybersecurity landscape.

Veros Systems

Series A in 2014
Veros Systems enables industrial customers to maximize production by providing actionable intelligence on their electrically-driven machines. Their web-based Predictive Intelligence Platform uses completely nonintrusive monitors that can be installed in hours. PIP offers real-time predictive reliability and energy efficiency intelligence on electromechanical systems, and seamlessly integrates with leading Enterprise Asset Management applications. At last, engineers, managers, and executives have a means to see the future: to plan better, reduce costs, and improve a facility’s overall availability.

Veros Systems

Series A in 2013
Veros Systems enables industrial customers to maximize production by providing actionable intelligence on their electrically-driven machines. Their web-based Predictive Intelligence Platform uses completely nonintrusive monitors that can be installed in hours. PIP offers real-time predictive reliability and energy efficiency intelligence on electromechanical systems, and seamlessly integrates with leading Enterprise Asset Management applications. At last, engineers, managers, and executives have a means to see the future: to plan better, reduce costs, and improve a facility’s overall availability.

Atlas Energy

Acquisition in 2010
Atlas Energy Group, LLC is engaged in the development and production of natural gas, crude oil, and natural gas liquids across various regions in the United States. The company has significant interests in the Eagle Ford Shale in southern Texas, the Marble Falls play in the Fort Worth Basin, and the Mississippi Lime play in northwestern Oklahoma. Additionally, Atlas Energy focuses on the Appalachian Basin for its natural gas production. It sponsors and manages tax-advantaged investment partnerships to finance the exploration and development of its properties. Founded in 2011 and headquartered in Fort Worth, Texas, Atlas Energy aims to leverage its assets and partnerships to enhance its operational capabilities in the energy sector.

DynaPump

Series C in 2008
DynaPump, Inc. specializes in the manufacture, sale, and servicing of surface-mounted artificial lift systems designed for the oil and gas industry, aiming to enhance the production efficiency of oil and gas wells. Established in 1992, the company commenced commercial operations in 1999 and has successfully sold over 400 units across various regions, including North America, South America, and the Middle East. DynaPump's product offerings include pumping units that incorporate hydraulic cylinders, pulley systems, and gas reservoirs, as well as power units featuring hydraulic pump systems and control centers. The company provides support through its own service centers in the United States and utilizes local distributors for international sales and service.

DynaPump

Series C in 2007
DynaPump, Inc. specializes in the manufacture, sale, and servicing of surface-mounted artificial lift systems designed for the oil and gas industry, aiming to enhance the production efficiency of oil and gas wells. Established in 1992, the company commenced commercial operations in 1999 and has successfully sold over 400 units across various regions, including North America, South America, and the Middle East. DynaPump's product offerings include pumping units that incorporate hydraulic cylinders, pulley systems, and gas reservoirs, as well as power units featuring hydraulic pump systems and control centers. The company provides support through its own service centers in the United States and utilizes local distributors for international sales and service.

SpectraSensors

Series C in 2007
SpectraSensors, Inc. manufactures precision optical laser-based gas analyzers primarily for the energy and petrochemical sectors. The company's product offerings include a range of analyzers designed for air monitoring, moisture, dew point, and hydrogen sulfide detection, suitable for applications in natural gas pipelines, petrochemical refineries, and chemical processing. SpectraSensors' gas analyzers can measure various gas concentrations, including moisture, carbon dioxide, hydrogen sulfide, methane, ammonia, and ethylene oxide. Additionally, the company provides communication software systems for data acquisition and monitoring, enhancing operational efficiency in custody transfer metering. With an international distribution network, SpectraSensors serves clients across North America, Europe, the Pacific Rim, Australia, and Asia. Founded in 1998, it is headquartered in Houston, Texas, and has engineering, design, and manufacturing operations in Rancho Cucamonga, California. In 2012, the company was acquired by Endress+Hauser, a global leader in industrial measurement instrumentation and solutions.

OpenSpirit

Venture Round in 2007
OpenSpirit specializes in providing integration solutions for upstream applications and data within the oil and gas industry. Its core product, the OpenSpirit application integration framework, facilitates interoperability among various vendors' applications and data sources. This enables end users to efficiently manage critical workflows and conduct essential analyses in the geotechnical sector. By focusing on optimizing workflows rather than just specific software or hardware technologies, OpenSpirit enhances productivity and adds economic value to data sets, ultimately supporting users in maximizing the effectiveness of their operations.

Texaco

Acquisition in 2000
Texaco, founded in 1901 following the discovery of oil at Spindletop, Texas, has grown into a globally recognized brand in the petroleum industry. The company distributes a range of petroleum products, primarily through gas stations that provide competitive pricing for motorists. Texaco is known for its innovative offerings, such as Texaco Fire Chief Gasoline, and has built a strong cultural presence in America, exemplified by its memorable advertising campaigns and endorsements. The brand emphasizes quality and performance, notably through its Techron technology, which enhances engine cleanliness and efficiency. Despite its long history, Texaco remains focused on the future while honoring its rich heritage, serving as a reliable choice for consumers on the road.
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