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.

BP 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 99
Average round size
info
The average size of a deal this fund participated in
$20M
Portfolio companies 66
Rounds per year 8.25
Lead investments 16
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.32
Exits 13
Key employees Soon

Areas of investment

  • Energy
  • Renewable Energy
  • Software
  • Information Technology
  • Manufacturing
Summary

BP Ventures appeared to be the VC, which was created in 2012. The leading representative office of defined VC is situated in the Palo Alto. The fund was located in North America if to be more exact in United States. BP Ventures appeared to be a CVC structure as part of the corporation.

The standard case for the fund is to invest in rounds with 2-3 partakers. Despite the BP Ventures, startups are often financed by Walden Riverwood Ventures, Pangaea Ventures, MissionPoint Capital Partners. The meaningful sponsors for the fund in investment in the same round are VantagePoint Capital Partners, University of Cambridge Enterprise, Parkwalk Advisors. In the next rounds fund is usually obtained by ConocoPhillips, Wood Creek Capital Management, Vulcan Capital.

Among the most successful fund investment fields, there are Clean Energy, Industrial. The fund has no specific favorite in a number of founders of portfolio startups. Among the most popular portfolio startups of the fund, we may highlight BrightSource Energy, Victor, Modumetal. Moreover, a startup needs to be at the age of 6-10 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

The higher amount of exits for fund were in 2019. This BP Ventures works on 11 percentage points less the average amount of lead investments comparing to the other organizations. Speaking about the real fund results, this VC is 17 percentage points more often commits exit comparing to other organizations. The common things for fund are deals in the range of 10 - 50 millions dollars. The fund is generally included in 2-6 deals every year. The high activity for fund was in 2019.

Read more

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Mantel

Environmental Consulting
$30M05 Sep 2024 Cambridge, Massachusetts, United States

BluSmart Mobility

Electric Vehicle
Mobile Apps
Ride Sharing
$24M21 Dec 2023 Ahmedabad, Gujarat, India

Advanced Ionics

Chemical
Energy
Manufacturing
$12M15 Aug 2023 Milwaukee, Wisconsin, United States

Dynamon

Analytics
Big Data
Data Integration
Software
$5M03 Aug 2023 Southampton, Hampshire, United Kingdom

WasteFuel

Environmental Consulting
Waste Management
$10M06 Jul 2023 Los Angeles, California, United States

Service4Charger

IT Infrastructure
Machinery Manufacturing
Manufacturing
Renewable Energy
$11M28 Jun 2023 Berlin, Berlin, Germany

Eavor

Clean Energy
CleanTech
Energy
GreenTech
Renewable Energy
$63M14 Jun 2023 Calgary, Canada

BluSmart Mobility

Electric Vehicle
Mobile Apps
Ride Sharing
$37M04 May 2023 Ahmedabad, Gujarat, India

Magenta

Renewable Energy
$22M10 Feb 2023 Mumbai, Maharashtra, India
News
Calysta Raises $39M in Series D-1 Funding

– Calysta is a San Mateo CA-based biotechnology company focused on alternative protein producer.
– The company raised $39M in Series D-1 funding.
– The round was led by bp ventures with participation from were Adisseo, AquaSpark and WTI, as well as other existing investors.
– The new investment will be used to support global scale-up of production of its FeedKind protein.

Cold Bore Technology Closes $14M Financing

– Cold Bore technology closed $14m in growth financing.
– The round was led by bp ventures with participation from the Canadian Business Growth Fund.
– Existing investors include the Rice Investment Group, a $200m multi-strategy, energy sector investment fund.
– Cold Bore is leading a major shift in the completions (fracing) industry towards safer, more autonomous operations by providing oil & gas companies (operators) with a centralized digital platform called SmartPAD.
– SmartPAD is an end-to-end, fully integrated software and hardware platform designed to collect, analyze, and report data which would otherwise be underutilized.
– Better utilization of this data unlocks operators’ ability to make step-change improvements across all key performance indicators.

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 BP Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 99
Average round size 20M
Rounds per year 8.25
Peak activity year 2019
Lead investments 16
Follow on index 0.32
Exits 13
Group Appearance index 0.71

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Mantel

Environmental Consulting
$30M05 Sep 2024 Cambridge, Massachusetts, United States

BluSmart Mobility

Electric Vehicle
Mobile Apps
Ride Sharing
$24M21 Dec 2023 Ahmedabad, Gujarat, India

Advanced Ionics

Chemical
Energy
Manufacturing
$12M15 Aug 2023 Milwaukee, Wisconsin, United States

Dynamon

Analytics
Big Data
Data Integration
Software
$5M03 Aug 2023 Southampton, Hampshire, United Kingdom

WasteFuel

Environmental Consulting
Waste Management
$10M06 Jul 2023 Los Angeles, California, United States

Service4Charger

IT Infrastructure
Machinery Manufacturing
Manufacturing
Renewable Energy
$11M28 Jun 2023 Berlin, Berlin, Germany

Eavor

Clean Energy
CleanTech
Energy
GreenTech
Renewable Energy
$63M14 Jun 2023 Calgary, Canada

BluSmart Mobility

Electric Vehicle
Mobile Apps
Ride Sharing
$37M04 May 2023 Ahmedabad, Gujarat, India

Magenta

Renewable Energy
$22M10 Feb 2023 Mumbai, Maharashtra, India
Crunchbase icon

Content report

The following text will be sent to our editors: