Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Chevron Technology Ventures

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 129
Average round size
info
The average size of a deal this fund participated in
$26M
Portfolio companies 85
Rounds per year 5.16
Lead investments 10
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.34
Exits 22
Key employees 6
Stages of investment
Early Stage Venture
Late Stage Venture

Areas of investment

  • Energy
  • Manufacturing
  • Oil and Gas
  • Renewable Energy
  • Software
Summary

In 1999 was created Chevron Technology Ventures, which is appeared as VC. The main office of represented VC is situated in the Houston. The venture was found in North America in United States. Chevron Technology Ventures appeared to be a CVC structure as part of the corporation.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Chevron Technology Ventures, startups are often financed by DFJ, Industrial Technology Ventures, VantagePoint Capital Partners. The meaningful sponsors for the fund in investment in the same round are Morgenthaler Ventures, Saudi Aramco Energy Ventures, Khosla Ventures. In the next rounds fund is usually obtained by Morgenthaler Ventures, Partech, Industrial Technology Ventures.

The overall number of key employees were 6.

Comparing to the other companies, this Chevron Technology Ventures performs on 3 percentage points less the average number of lead investments. The typical startup value when the investment from Chevron Technology Ventures is 500 millions - 1 billion dollars. The increased amount of exits for fund were in 2010. The fund is generally included in 2-6 deals every year. The top activity for fund was in 2006. Despite it in 2019 the fund had an activity. Deals in the range of 10 - 50 millions dollars are the general things for fund. Speaking about the real fund results, this VC is 3 percentage points less often commits exit comparing to other organizations.

Among the various public portfolio startups of the fund, we may underline ChargePoint, BrightSource Energy, BlueArc The fund has no exact preference in some founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. We can highlight the next thriving fund investment areas, such as Software, Chemical. Moreover, a startup needs to be at the age of 6-10 years to get the investment from the fund.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Chevron Technology Ventures:
Typical Co-investors
Chevron Technology Ventures is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Chevron Technology Ventures:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Ionomr

Advanced Materials
Battery
Chemical
Clean Energy
Electronics
Fuel Cell
Information Technology
Renewable Energy
Water
Water Purification
$20M05 Dec 2023 Vancouver, British Columbia, Canada

Xage Security

Information Technology
Internet of Things
Network Security
Security
Software
$20M02 Nov 2023 Palo Alto, California, United States

Immaterial

Chemical Engineering
Energy
Manufacturing
Nanotechnology
19 Sep 2023 Cambridge, Cambridgeshire, United Kingdom

Sapphire Technologies

Energy Management
Industrial Manufacturing
Natural Resources
$10M16 Aug 2023 Cerritos, California, United States

Compact Membrane Systems

Chemical
Chemical Engineering
Industrial
Manufacturing
$16M02 Aug 2023 Wilmington, Delaware, United States

Noble.AI

Artificial Intelligence
Enterprise Software
Machine Learning
Software
$17M12 Apr 2023 San Francisco, California, United States

Flyability

Consumer Electronics
Drone Management
Drones
Robotics
Security
03 Mar 2023 Lausanne, Vaud, Switzerland

Worlds

Artificial Intelligence
Information Technology
$21M03 Jan 2023 Dallas, Texas, United States

Syzygy Plasmonics

Chemical
$76M16 Nov 2022 Houston, Texas, United States
News
Natel Energy Announces $20M Series B to Further Deploy Modern, Renewable Hydropower

– Natel Energy announced a $20m funding.
– The round led by Breakthrough Energy Ventures and supported by Chevron Technology Ventures.
– The company will use the funding to build momentum in the deployment of its flagship product, the Restoration Hydro Turbine (RHT), which enables cost-effective production of distributed reliable renewable energy, while supporting the health and climate resilience of watershed ecosystems.

Award-Winning Technology Firm mIQrotech Oversubscribes Series A Funding Round

– mIQrotech announced the close of an oversubscribed Series A financing round that exceeded its fundraising target of $6m by nearly double.
– This investment will enable mIQrotech to scale up product development to meet its rapidly increasing market demand.
– The company is quickly disrupting the oil and gas industry by innovating pipeline optimization and preventing pipeline leaks.
– With additional support as a Chevron Technology Ventures Catalyst Program Participant, mIQrotech is quickly approaching unicorn status.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Chevron Technology Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 129
Average round size 26M
Rounds per year 5.16
Peak activity year 2021
Lead investments 10
Follow on index 0.34
Exits 22
Group Appearance index 0.96

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Ionomr

Advanced Materials
Battery
Chemical
Clean Energy
Electronics
Fuel Cell
Information Technology
Renewable Energy
Water
Water Purification
$20M05 Dec 2023 Vancouver, British Columbia, Canada

Xage Security

Information Technology
Internet of Things
Network Security
Security
Software
$20M02 Nov 2023 Palo Alto, California, United States

Immaterial

Chemical Engineering
Energy
Manufacturing
Nanotechnology
19 Sep 2023 Cambridge, Cambridgeshire, United Kingdom

Sapphire Technologies

Energy Management
Industrial Manufacturing
Natural Resources
$10M16 Aug 2023 Cerritos, California, United States

Compact Membrane Systems

Chemical
Chemical Engineering
Industrial
Manufacturing
$16M02 Aug 2023 Wilmington, Delaware, United States

Noble.AI

Artificial Intelligence
Enterprise Software
Machine Learning
Software
$17M12 Apr 2023 San Francisco, California, United States

Flyability

Consumer Electronics
Drone Management
Drones
Robotics
Security
03 Mar 2023 Lausanne, Vaud, Switzerland

Worlds

Artificial Intelligence
Information Technology
$21M03 Jan 2023 Dallas, Texas, United States

Syzygy Plasmonics

Chemical
$76M16 Nov 2022 Houston, Texas, United States
Crunchbase icon

Content report

The following text will be sent to our editors: