BP

BP is a global energy company engaged in the exploration, production, refining, and marketing of oil, gas, and renewable energy solutions. The company operates across multiple segments of the energy sector, with upstream activities focusing on the global exploration and production of oil and natural gas resources. Its downstream operations refine crude oil into various petroleum products, which are then marketed to customers worldwide. BP also trades energy commodities and provides shipping services to support the distribution of its products. In line with its commitment to sustainability, BP has significantly increased its investments in renewable energy sources such as wind, solar, and biofuels, reflecting its strategic focus on adapting to changing energy demands while pursuing a transition to a low-carbon future.

Felipe Arbelaez

Senior Vice President Zero Carbon Energy

Claire Farrant

VP Mobility and Convenience Europe

David Gilmour

CEO

JO HAYWARD

VP for convenience in Europe and global convenience strategy and proposition lead at BP

Louise Kingham

SVP for Europe and UK Head of Country

Geoff Morrell

Executive Vice President communications and advocacy

Doris Reiter

Senior Vice President

Dev Sanyal

Chief Executive, Alternative Energy and Executive Vice President, Regions

Martin Sellers

Low Carbon Digital Technology Principal

Johnathan Stone

Venture Principal

Past deals in Energy

Grid Edge

Venture Round in 2025
Grid Edge Limited specializes in developing artificial intelligence and machine-learning software aimed at optimizing energy management for commercial and public buildings. Founded in 2016 and based in Birmingham, United Kingdom, the company offers cloud-based solutions that utilize predictive machine learning and data analytics to manage energy loads effectively. By integrating with existing building energy management systems, Grid Edge's technology helps reduce energy costs and carbon emissions while transforming on-site energy resources into revenue-generating assets. The company's innovative approach enables building owners to become proactive participants in the energy system, enhancing overall energy efficiency and sustainability.

Lianyungang Jiaao Enproenergy

Secondary Market in 2024
Lianyungang Jiaao Enproenergy provides sustainable aviation fuel services.

WasteFuel

Series B in 2023
WasteFuel is a company focused on generating sustainable fuels to address the climate emergency and transform the mobility sector. It employs proven, scalable technologies to convert municipal and agricultural waste into low-carbon fuels, including green methanol. By developing innovative technology pathways, WasteFuel aims to enhance fuel yields and further minimize emissions, providing industries with sustainable fuel options that meet established industry standards.

Eavor

Series B in 2023
Eavor is a technology-driven energy company that offers a clean, carbon-neutral, and scalable solution for baseload power generation. By addressing the challenges associated with traditional geothermal energy, Eavor has developed a unique system that utilizes existing commercial components in an innovative manner. The company's technology circulates a benign working fluid in a closed loop, allowing it to collect heat from the earth's natural geothermal gradient at accessible rock temperatures. This approach enables the generation of industrial-scale heat and electricity while minimizing environmental impact. Eavor's integration of advanced drilling techniques and heat-to-power generation technology results in a steady and reliable source of green power, positioning the company as a leader in the renewable energy sector.

ETZ

Grant in 2023
ETZ is a pioneer in the field of net zero energy transition and a net exporter of goods, services, technology, and expertise.

Eavor

Venture Round in 2023
Eavor is a technology-driven energy company that offers a clean, carbon-neutral, and scalable solution for baseload power generation. By addressing the challenges associated with traditional geothermal energy, Eavor has developed a unique system that utilizes existing commercial components in an innovative manner. The company's technology circulates a benign working fluid in a closed loop, allowing it to collect heat from the earth's natural geothermal gradient at accessible rock temperatures. This approach enables the generation of industrial-scale heat and electricity while minimizing environmental impact. Eavor's integration of advanced drilling techniques and heat-to-power generation technology results in a steady and reliable source of green power, positioning the company as a leader in the renewable energy sector.

Archaea Energy

Acquisition in 2022
Archaea Energy, LLC is a developer and producer of renewable natural gas (RNG) based in Belle Vernon, Pennsylvania. Founded in 2018, the company focuses on capturing waste emissions and transforming them into low-carbon fuel, providing a sustainable solution for high-carbon emission processes that are difficult to electrify. Archaea Energy operates an RNG platform that encompasses the development, construction, and maintenance of RNG facilities across the United States. Through its efforts, the company aims to contribute to decarbonization and the transition to cleaner energy sources.

FreeWire

Series D in 2022
FreeWire Technologies, Inc. specializes in mobile electric vehicle (EV) chargers and battery-integrated charging solutions. Founded in 2014 and based in San Leandro, California, the company produces various models, including the Mobi Charger series, which caters to different charging needs with options for manual operation and semi-autonomous functionality. FreeWire's flagship product, the Boost Charger, connects to existing low-voltage utility services and provides high-power charging without requiring significant grid upgrades. This innovative technology allows for ultrafast EV charging, making it suitable for diverse applications, including commercial customers, fleets, and retail locations. FreeWire has established partnerships with major companies and is actively deploying its solutions across the U.S. and internationally, including a collaboration with bp pulse in the UK. By offering clean and efficient power alternatives, FreeWire aims to support the transition away from fossil fuels and enhance the EV charging infrastructure.

Grid Edge

Venture Round in 2021
Grid Edge Limited specializes in developing artificial intelligence and machine-learning software aimed at optimizing energy management for commercial and public buildings. Founded in 2016 and based in Birmingham, United Kingdom, the company offers cloud-based solutions that utilize predictive machine learning and data analytics to manage energy loads effectively. By integrating with existing building energy management systems, Grid Edge's technology helps reduce energy costs and carbon emissions while transforming on-site energy resources into revenue-generating assets. The company's innovative approach enables building owners to become proactive participants in the energy system, enhancing overall energy efficiency and sustainability.

Blueprint Power

Acquisition in 2021
Blueprint Power is a New York City-based technology company focused on enhancing the financial sustainability and growth of distributed clean energy systems. By transforming portfolios of real estate into energy-generating power plants, Blueprint enables these properties to produce excess electricity that can be sold to markets and customers seeking reliable energy sources. The company employs machine learning and data analytics to optimize energy management in commercial buildings, facilitating their participation in wholesale energy markets. This innovative approach not only generates additional revenue streams for property owners but also allows them to capitalize on their existing energy assets. Founded by seasoned professionals from leading technology and energy firms, Blueprint Power is supported by influential leaders and investors from the real estate and energy sectors.

Calysta

Series D in 2021
Calysta, Inc. is a biotechnology company specializing in the development and manufacturing of sustainable protein ingredients derived from innovative sources. The company focuses on producing nutritional feeds and health products for fish and livestock, while also supplying chemicals for various applications, including fibers, plastics, and biofuels. Utilizing a patented fermentation platform powered by renewable energy, Calysta creates protein products such as FeedKind and Positive Protein, which address the increasing global demand for sustainably produced food. With a commitment to food security, the company aims to enhance biodiversity and improve the interconnection between water, energy, and food systems. Founded in 2011 and headquartered in Menlo Park, California, Calysta has additional locations in Houston, Texas; London, United Kingdom; Stavanger, Norway; and Singapore.

Open Energi

Acquisition in 2021
Open Energi Limited is a London-based company that offers a demand technology platform designed to manage electricity consumption in real-time. The platform helps various sectors, including industrial, education, retail, construction, and utilities, to optimize energy use, reduce costs, and enhance profitability. Open Energi’s Dynamic Demand 2.0 platform utilizes artificial intelligence to coordinate a network of distributed energy resources, enabling businesses to trade flexibility across energy markets. Since its inception, the company has connected over 3,500 assets across more than 400 sites, partnering with leading businesses and utilities to promote a zero-carbon energy future. By automating and optimizing the use of low carbon technologies such as battery storage and electric vehicles, Open Energi facilitates the transition to a renewable energy system while delivering financial benefits to its clients.

IoTecha

Series C in 2021
IoTecha specializes in providing an integrated platform designed to support the electric vehicle industry through its IoT.ON™ technology. The platform encompasses software, hardware, and cloud components that facilitate smart charging infrastructure and power grid integration for electric vehicles. IoTecha serves a diverse clientele, including energy companies, charge point operators, and manufacturers of electric vehicles and charging stations. Its product offerings include tools for vehicle-to-grid technology, a HomePlug Protocol Analyzer, various charging modules, and AC Level 2 EV charging stations, along with cloud-based services for charging management and grid orchestration. This comprehensive approach aims to accelerate the transition to electric transportation and enhance power grid modernization.

Eavor

Venture Round in 2021
Eavor is a technology-driven energy company that offers a clean, carbon-neutral, and scalable solution for baseload power generation. By addressing the challenges associated with traditional geothermal energy, Eavor has developed a unique system that utilizes existing commercial components in an innovative manner. The company's technology circulates a benign working fluid in a closed loop, allowing it to collect heat from the earth's natural geothermal gradient at accessible rock temperatures. This approach enables the generation of industrial-scale heat and electricity while minimizing environmental impact. Eavor's integration of advanced drilling techniques and heat-to-power generation technology results in a steady and reliable source of green power, positioning the company as a leader in the renewable energy sector.

FreeWire

Series C in 2021
FreeWire Technologies, Inc. specializes in mobile electric vehicle (EV) chargers and battery-integrated charging solutions. Founded in 2014 and based in San Leandro, California, the company produces various models, including the Mobi Charger series, which caters to different charging needs with options for manual operation and semi-autonomous functionality. FreeWire's flagship product, the Boost Charger, connects to existing low-voltage utility services and provides high-power charging without requiring significant grid upgrades. This innovative technology allows for ultrafast EV charging, making it suitable for diverse applications, including commercial customers, fleets, and retail locations. FreeWire has established partnerships with major companies and is actively deploying its solutions across the U.S. and internationally, including a collaboration with bp pulse in the UK. By offering clean and efficient power alternatives, FreeWire aims to support the transition away from fossil fuels and enhance the EV charging infrastructure.

Beyond Limits

Series C in 2020
Beyond Limits is an Industrial and Enterprise-grade AI technology company that covers the full range of Artificial Intelligence, purpose-built for the most demanding sectors, including energy, utilities, and healthcare (as well as finance). Beyond traditional artificial intelligence, Beyond Limits has developed powerful Cognitive AI that unifies human knowledge with machine learning techniques. Its technology provides decision makers with efficient, reliable guidance and clear, understandable recommendations for everyday operational challenges to the most complex, mission-critical situations. Customers use Beyond Limits AI to drastically boost operational insights, improve operating conditions, enhance performance at every level, and ultimately increase profits as a result.

FreeWire

Series B in 2020
FreeWire Technologies, Inc. specializes in mobile electric vehicle (EV) chargers and battery-integrated charging solutions. Founded in 2014 and based in San Leandro, California, the company produces various models, including the Mobi Charger series, which caters to different charging needs with options for manual operation and semi-autonomous functionality. FreeWire's flagship product, the Boost Charger, connects to existing low-voltage utility services and provides high-power charging without requiring significant grid upgrades. This innovative technology allows for ultrafast EV charging, making it suitable for diverse applications, including commercial customers, fleets, and retail locations. FreeWire has established partnerships with major companies and is actively deploying its solutions across the U.S. and internationally, including a collaboration with bp pulse in the UK. By offering clean and efficient power alternatives, FreeWire aims to support the transition away from fossil fuels and enhance the EV charging infrastructure.

Grid Edge

Series A in 2019
Grid Edge Limited specializes in developing artificial intelligence and machine-learning software aimed at optimizing energy management for commercial and public buildings. Founded in 2016 and based in Birmingham, United Kingdom, the company offers cloud-based solutions that utilize predictive machine learning and data analytics to manage energy loads effectively. By integrating with existing building energy management systems, Grid Edge's technology helps reduce energy costs and carbon emissions while transforming on-site energy resources into revenue-generating assets. The company's innovative approach enables building owners to become proactive participants in the energy system, enhancing overall energy efficiency and sustainability.

Calysta

Series E in 2019
Calysta, Inc. is a biotechnology company specializing in the development and manufacturing of sustainable protein ingredients derived from innovative sources. The company focuses on producing nutritional feeds and health products for fish and livestock, while also supplying chemicals for various applications, including fibers, plastics, and biofuels. Utilizing a patented fermentation platform powered by renewable energy, Calysta creates protein products such as FeedKind and Positive Protein, which address the increasing global demand for sustainably produced food. With a commitment to food security, the company aims to enhance biodiversity and improve the interconnection between water, energy, and food systems. Founded in 2011 and headquartered in Menlo Park, California, Calysta has additional locations in Houston, Texas; London, United Kingdom; Stavanger, Norway; and Singapore.

enjoyelec Tech

Series A in 2019
Enjoyelec Tech Ltd., formerly known as PowerShare, is a technology company based in Suzhou, China, focused on the clean energy sector. Established in 2015, the company specializes in developing digital solutions and services for energy storage asset operations, leveraging advanced battery AI and energy AI technologies. Enjoyelec offers a range of products including Virtual Power Plants, Home Energy Management Systems, and integrated solutions for photovoltaic systems, energy storage, and electric vehicle charging. The company's cloud-based platform facilitates connections among electric vehicle drivers, charge point operators, and power suppliers, enabling efficient power management, location of charging points, and payment processing. With a commitment to innovation, Enjoyelec utilizes over 100 proprietary AI algorithms to enhance power trading, energy dispatching, and smart charging, thereby empowering clients such as automobile manufacturers, charging operators, and local governments to optimize their energy resources and contribute to a sustainable energy future.

FreeWire

Series A in 2018
FreeWire Technologies, Inc. specializes in mobile electric vehicle (EV) chargers and battery-integrated charging solutions. Founded in 2014 and based in San Leandro, California, the company produces various models, including the Mobi Charger series, which caters to different charging needs with options for manual operation and semi-autonomous functionality. FreeWire's flagship product, the Boost Charger, connects to existing low-voltage utility services and provides high-power charging without requiring significant grid upgrades. This innovative technology allows for ultrafast EV charging, making it suitable for diverse applications, including commercial customers, fleets, and retail locations. FreeWire has established partnerships with major companies and is actively deploying its solutions across the U.S. and internationally, including a collaboration with bp pulse in the UK. By offering clean and efficient power alternatives, FreeWire aims to support the transition away from fossil fuels and enhance the EV charging infrastructure.

Voltaware

Series A in 2018
Voltaware is a company that addresses the lack of transparency in household energy bills by providing an innovative energy monitoring device. This device is designed to track energy consumption data across various appliances, enabling users to better understand their electricity usage. With built-in sensors, Voltaware's technology converts consumption data into actionable insights, allowing both residential and business users to optimize their energy consumption. Additionally, the device offers predictive maintenance for equipment and energy-saving advice, helping consumers make informed decisions about their energy use and ultimately leading to greater efficiency without sacrificing lifestyle.

simuwatt

Non Equity Assistance in 2018
simuwatt, Inc. specializes in energy efficiency solutions for commercial buildings, focusing on identifying and analyzing energy-saving opportunities throughout a building's lifecycle. Founded in 2016 and based in Boulder, Colorado, the company offers a cloud-based software application known as Energy Auditor. This tool facilitates energy assessments for commercial buildings while preserving important data for reporting, tracking, and reuse across multiple properties. The application is accessible through various platforms, including web browsers and tablets, enabling users to generate and organize data effectively. This comprehensive approach allows buildings to implement energy-based capital improvements and enhance their energy efficiency initiatives.

FreeWire

Series A in 2018
FreeWire Technologies, Inc. specializes in mobile electric vehicle (EV) chargers and battery-integrated charging solutions. Founded in 2014 and based in San Leandro, California, the company produces various models, including the Mobi Charger series, which caters to different charging needs with options for manual operation and semi-autonomous functionality. FreeWire's flagship product, the Boost Charger, connects to existing low-voltage utility services and provides high-power charging without requiring significant grid upgrades. This innovative technology allows for ultrafast EV charging, making it suitable for diverse applications, including commercial customers, fleets, and retail locations. FreeWire has established partnerships with major companies and is actively deploying its solutions across the U.S. and internationally, including a collaboration with bp pulse in the UK. By offering clean and efficient power alternatives, FreeWire aims to support the transition away from fossil fuels and enhance the EV charging infrastructure.

Beyond Limits

Series B in 2017
Beyond Limits is an Industrial and Enterprise-grade AI technology company that covers the full range of Artificial Intelligence, purpose-built for the most demanding sectors, including energy, utilities, and healthcare (as well as finance). Beyond traditional artificial intelligence, Beyond Limits has developed powerful Cognitive AI that unifies human knowledge with machine learning techniques. Its technology provides decision makers with efficient, reliable guidance and clear, understandable recommendations for everyday operational challenges to the most complex, mission-critical situations. Customers use Beyond Limits AI to drastically boost operational insights, improve operating conditions, enhance performance at every level, and ultimately increase profits as a result.

Modumetal

Venture Round in 2015
Modumetal, Inc. is a manufacturer and developer of nano laminated metals and materials, founded in 2006 and headquartered in Seattle, Washington, with an additional sales office in The Woodlands, Texas. The company specializes in producing industrial-scale nanolaminated alloys that are stronger and lighter than steel, as well as more corrosion-resistant and durable than traditional metals. By utilizing electricity instead of heat in their manufacturing process, Modumetal reduces environmental impact while delivering high-performance solutions. Their products, which include customized alloys, coatings, fasteners, pumps, valves, and production tubulars, cater to various industries, including energy, aerospace, automotive, defense, infrastructure, and construction. Modumetal's technology enables these sectors to enhance performance and achieve cost-effective alternatives to conventional materials.

Chromatin

Series E in 2014
Chromatin is a biotech company developing and marketing innovative technologies and products that benefit the agricultural, energy, chemical, nutritional, and pharmaceutical sectors. Chromatin is unlocking the potential of plants to produce greater value and meaningful products for consumers, growers, seed producers, and bioprocessors. Chromatin is commercializing solutions that proactively address key societal challenges such as improving agricultural productivity and increasing renewable energy resources.

MIT Energy Initiative

Venture Round in 2012
The MIT Energy Initiative (MITEI) recently reached its fifth anniversary. It was built according to a template laid out in the 2006 Report of the Energy Research Council commissioned by President Hockfield. The report called for new approaches to multidisciplinary research, education across school and department boundaries, a more energy efficient campus reached in part through student-led projects, and outreach to the policy world through technically grounded analysis. It also emphasized the importance of another MIT strength – partnering with industry as a prime locus for the clean energy transformation needed to address economic, environmental, and security concerns associated with the current energy system.

BrightSource

Series F in 2012
BrightSource Energy, Inc. is a solar thermal technology company based in Oakland, California, that specializes in designing, developing, and selling proprietary systems for utility-scale electric power plants. The company utilizes fields of tracking mirrors, known as heliostats, alongside its proprietary software to concentrate sunlight onto a solar receiver/boiler unit, generating high-temperature steam. This steam can be used to produce electricity through conventional steam turbines or for industrial applications like thermal enhanced oil recovery. BrightSource also offers comprehensive project development services, including site acquisition, permitting, and securing power purchase agreements, while serving utility-scale solar thermal power project owners and contractors, as well as oil production companies. The firm has established strategic relationships with prominent partners in the energy sector, emphasizing its commitment to providing low-cost, reliable clean energy that competes with fossil fuels.

GMZ Energy

Series C in 2011
GMZ Energy focuses on the development and distribution of thermoelectric materials and nanotechnology-based devices and systems. Founded on scientific discoveries from MIT and Boston College, the company aims to harness the potential of thermoelectric energy conversion for efficient and environmentally friendly applications. Their technology enables direct conversion between thermal and electrical energy, which can be utilized in various sectors, including air-conditioning, heat pumping, waste heat recovery, and solar thermal energy conversion. With a vision to transform how energy is utilized, GMZ Energy seeks to advance the adoption of thermoelectric technology in everyday applications.

Verdezyne

Venture Round in 2011
Verdezyne is a private company focused on synthetic biology, utilizing its expertise and advanced computational algorithms to design and synthesize diverse gene libraries for engineering proteins, metabolic pathways, and microorganisms. By optimizing commercial fermentation processes, Verdezyne produces renewable chemical alternatives to petrochemicals. The company’s innovative platform combines synthetic biology with established manufacturing technologies to create a wide range of building blocks, offering sustainable and cost-effective solutions for everyday chemicals and additives. This approach aims to reduce reliance on oil and transform traditional chemical production methods.

Verenium

Venture Round in 2008
Verenium possesses integrated, end-to-end capabilities in pre-treatment, novel enzyme development, fermentation, engineering, and project development and is moving rapidly to commercialize its proprietary technology for the production of cellulosic ethanol from a wide array of feedstocks, including sugarcane bagasse, dedicated energy crops, agricultural waste, and wood products. In addition to the vast potential for advanced biofuels, a multitude of large-scale industrial opportunities exist for the Company for products derived from the production of low-cost, biomass-derived sugars.

BrightSource

Series C in 2008
BrightSource Energy, Inc. is a solar thermal technology company based in Oakland, California, that specializes in designing, developing, and selling proprietary systems for utility-scale electric power plants. The company utilizes fields of tracking mirrors, known as heliostats, alongside its proprietary software to concentrate sunlight onto a solar receiver/boiler unit, generating high-temperature steam. This steam can be used to produce electricity through conventional steam turbines or for industrial applications like thermal enhanced oil recovery. BrightSource also offers comprehensive project development services, including site acquisition, permitting, and securing power purchase agreements, while serving utility-scale solar thermal power project owners and contractors, as well as oil production companies. The firm has established strategic relationships with prominent partners in the energy sector, emphasizing its commitment to providing low-cost, reliable clean energy that competes with fossil fuels.

Veba Oel AG

Acquisition in 2001
Veba Oel AG engages in the exploration and production of crude oil and natural gas, the processing of crude oil and the marketing of the finished products, consisting essentially of motor fuels, heating oils, chemical feedstock and plastics.

Green Mountain Energy

Private Equity Round in 2000
Green Mountain Energy Company offers alternative energy generation and distribution services. The company provides solar and thermal electrical energy development sand distribution services to residential and commercial premises. Additionally, it offers carbon offsets. Green Mountain Energy Company was founded in 1997 and is headquartered in Austin, Texas.

Altra Energy Technologies

Venture Round in 2000
Altra Energy Technologies, Inc. along with its subsidiaries, is the leading provider of business-to-business e-commerce products and services to the energy market. Altra operates Altrade, a real-time, anonymous electronic marketplace where customers meet on-line to trade natural gas, crude oil, natural gas liquids and power. Altra is also the worldwide leader in energy transaction management systems, which its customers use for risk management, physical delivery and financial settlement in their energy trading operations. These systems allow for seamless, electronic integration between deal capture, portfolio monitoring, physical scheduling and back-office reconciliation of completed transactions. With over 6,000 users around the globe, more energy is bought, sold and transported through Altra systems than any other technology worldwide.
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