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 Electricity

Zap Energy

Series C in 2022
Zap Energy, Inc. is a Seattle-based company incorporated in 2017 that specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power plants. The company's innovative approach stabilizes plasma using sheared flows instead of traditional magnetic fields, which allows for the creation of a magnetic field through electric current. This method effectively confines and compresses the plasma, resulting in higher pressure and density. Zap Energy aims to provide a low-carbon, cost-effective, and flexible energy solution through its compact and scalable fusion reactor technology, positioning itself as a leader in the pursuit of commercially viable fusion energy.

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.

Natel Energy

Series B in 2021
Natel Energy, Inc. specializes in the design, construction, and sale of restoration hydro turbines (RHTs) that generate renewable electricity from low head water sources such as streams, irrigation canals, and existing low dams. These turbines can be retrofitted to enhance the performance of old units or installed in new developments, offering a cost-effective solution for hydropower compliance and output improvement. In addition to its turbine technology, Natel Energy provides digital services that utilize machine learning and remote sensing to optimize operational efficiency and minimize risks for hydropower owners and operators. The company also offers HydroForecast, which employs satellite imagery and advanced hydrologic modeling to deliver accurate forecasts. Founded in 2005 and headquartered in Alameda, California, Natel Energy aims to contribute to a sustainable and reliable renewable energy grid through its innovative hydropower solutions.

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.

Zap Energy

Series B in 2021
Zap Energy, Inc. is a Seattle-based company incorporated in 2017 that specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power plants. The company's innovative approach stabilizes plasma using sheared flows instead of traditional magnetic fields, which allows for the creation of a magnetic field through electric current. This method effectively confines and compresses the plasma, resulting in higher pressure and density. Zap Energy aims to provide a low-carbon, cost-effective, and flexible energy solution through its compact and scalable fusion reactor technology, positioning itself as a leader in the pursuit of commercially viable fusion energy.

Mainspring

Series D in 2021
EtaGen, Inc. provides power generation services. The company was incorporated in 2010 and is based in Menlo Park, California.

ChargePoint

Series H in 2020
ChargePoint, Inc. operates a comprehensive network of electric vehicle charging stations, primarily based in California, with additional offices in Arizona, Germany, India, the Netherlands, and the United Kingdom. Founded in 2007 and originally named Coulomb Technologies, the company rebranded to ChargePoint in December 2012. It is recognized as a leader in the electric vehicle charging sector, providing public charging stations and consumer subscription plans. ChargePoint also offers utility grid management technology to assist electric utility companies in balancing demand on the grid. Through its extensive network, the company aims to increase accessibility to electric vehicle charging and support the growing adoption of electric mobility.

Zap Energy

Series A in 2020
Zap Energy, Inc. is a Seattle-based company incorporated in 2017 that specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power plants. The company's innovative approach stabilizes plasma using sheared flows instead of traditional magnetic fields, which allows for the creation of a magnetic field through electric current. This method effectively confines and compresses the plasma, resulting in higher pressure and density. Zap Energy aims to provide a low-carbon, cost-effective, and flexible energy solution through its compact and scalable fusion reactor technology, positioning itself as a leader in the pursuit of commercially viable fusion energy.

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.

ChargePoint

Series H in 2018
ChargePoint, Inc. operates a comprehensive network of electric vehicle charging stations, primarily based in California, with additional offices in Arizona, Germany, India, the Netherlands, and the United Kingdom. Founded in 2007 and originally named Coulomb Technologies, the company rebranded to ChargePoint in December 2012. It is recognized as a leader in the electric vehicle charging sector, providing public charging stations and consumer subscription plans. ChargePoint also offers utility grid management technology to assist electric utility companies in balancing demand on the grid. Through its extensive network, the company aims to increase accessibility to electric vehicle charging and support the growing adoption of electric mobility.
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