Chevron Technology Ventures

Radiant is a clean energy startup based in Los Angeles, California, that specializes in the development of portable nuclear microreactors. Founded in 2019, the company aims to provide an alternative to fossil fuels for both military and commercial applications. Its flagship product, the Kaleidos microreactor, is designed to fit within a shipping container, allowing for transportation by air, ship, and road. This innovative microreactor serves as a zero-emissions power source, making it particularly suitable for remote locations and critical applications where traditional diesel generators are typically used.

LiNova Energy is a developer of advanced battery technologies focused on creating ultra-high energy density batteries. The company utilizes a unique Polymer Cathode combined with a 3-D Lithium Metal anode, a non-flammable electrolyte, and a dendrite-blocking membrane to provide an innovative energy storage solution. This design significantly reduces the cost of cathode active materials by over 75%, while also minimizing battery weight and cutting CO2 emissions related to traditional cathode material production by more than 85%. LiNova Energy's products are designed to deliver higher energy output and faster charging capabilities compared to conventional batteries, making them a sustainable and efficient choice for energy storage.

Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.

Hess Corporation is a global independent energy company primarily engaged in the exploration and production of crude oil and natural gas. Founded in 1993, the company operates across international markets to develop and produce energy resources.

Immaterial specializes in manufacturing super-adsorbent nanomaterials designed for efficient gas molecule separation and storage. Their innovative materials can significantly enhance gas tank capacity at constant pressure and volume, thereby reducing the costs associated with gas separation, storage, and transportation.

ACES Delta brings utility and industrial scale solutions of production and conversion to storage and delivery.

Sapphire Technologies specializes in the development, manufacturing, and sale of energy recovery systems tailored for industrial applications involving natural gas and hydrogen. The company focuses on converting waste energy generated during pressure reduction processes into electric power, enabling businesses to enhance operational efficiency without disrupting ongoing processes. By recovering this otherwise wasted pressure energy, Sapphire Technologies assists companies in maximizing plant efficiencies, improving productivity, and reducing carbon emissions, while also helping to offset electrical costs and generate additional revenue. Their systems facilitate efficient transportation in pipelines, ensuring safe delivery through local distribution networks.

PDC Energy Inc is a domestic independent exploration and production company, primarily operating in the Wattenberg Field of Colorado and the Delaware Basin in west Texas. The company focuses on acquiring, exploring, and developing properties for crude oil, natural gas, and NGLs production. PDC's operations in the Wattenberg Field are concentrated in the horizontal Niobrara and Codell plays, while its Delaware Basin activities are centered around the horizontal Wolfcamp zones. The company emphasizes organic growth through active horizontal drilling programs.

Viridos is a company that develops and commercializes genomic-driven solutions aimed at tackling global energy and environmental issues. It specializes in synthesizing and programming DNA to create and utilize technologies in synthetic genomics. The company designs and develops microbes for various industrial processes and environmental applications, including microbial cultivation technologies that identify novel microorganisms and new genes. Additionally, Viridos focuses on enhancing biofuel production, utilizing photosynthetic organisms to generate value-added products from sunlight and carbon dioxide, and improving the recovery rates of subsurface hydrocarbons. Its innovations also extend to the development of high-yield, disease-resistant feedstocks. Through these efforts, Viridos contributes to the production of energy, chemicals, and pharmaceuticals, while also promoting carbon sequestration and environmental remediation.

Syzygy Plasmonics, Inc. is a Houston-based company that specializes in the design, development, and manufacturing of photocatalytic reactor systems for industrial chemical reactions. Founded in 2017, the company focuses on creating reactors that facilitate the generation of fuel cell quality hydrogen from ammonia, specifically for small-to-medium-scale applications. These advanced reactors operate at significantly lower temperatures than traditional chemical reactors, allowing for reduced maintenance costs and the ability to quickly start or stop production. By utilizing light as an energy source, Syzygy Plasmonics enables the integration of renewable electricity into chemical manufacturing, contributing to the decarbonization of various industries and supporting the on-site production of ultra-low-cost hydrogen gas for fuel cell vehicles.

Starfire Energy is a company focused on developing and deploying sustainable energy technologies, specializing in the production of carbon-free ammonia. Founded in 2007 and headquartered in Aurora, Colorado, Starfire Energy has created modular systems that synthesize ammonia from renewable energy sources, specifically wind and solar power. These modular plants are built in shipping containers that are pre-wired and pre-plumbed, facilitating easy on-site installation. The ammonia produced is not only used as a fertilizer and refrigerant but also serves as an energy-dense liquid fuel. By utilizing renewable energy, air, and water as inputs, Starfire Energy aims to meet the growing demands for energy storage and transportation while contributing to carbon-free industrial processes.

Baseload Capital invests globally in renewable heat power projects. It provides financial tools for operators to build and run these plants, focusing on geothermal systems that offer clean, reliable energy.

Founded in Munich, Germany in 2016, Enmacc operates a digital platform facilitating trading of standardized and non-standardized energy products. It serves energy traders, portfolio managers, and procurement officers across Europe, providing increased market access and liquidity.

Aurora Hydrogen develops clean, scalable hydrogen production technology that utilizes microwave energy to decarbonize transportation and industrial processes. The technology is designed to be adaptable for installations ranging from small fueling stations to large industrial facilities, aims to produce hydrogen with no carbon dioxide emissions and minimal water consumption, and seeks to reduce global carbon emissions through widespread deployment.

Zap Energy, Inc. is a Seattle-based company that specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. Founded in 2017, the company focuses on developing compact and scalable fusion technology that offers low-carbon, cost-effective, and flexible energy solutions. Unlike conventional fusion methods, Zap Energy's approach utilizes electric current to create magnetic fields that confine and compress plasma, enhancing the stability and efficiency of the fusion process. This innovative technology aims to provide sustainable energy while requiring less capital investment compared to traditional fusion systems.

Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.

Renewable Energy Group, Inc. is a leader in the production and supply of lower carbon transportation fuels, including biodiesel and renewable diesel. The company operates an integrated system for the procurement, distribution, and logistics of converting natural fats, oils, greases, and sugars into advanced biofuels. It runs a network of 13 biorefineries, with 11 located in the United States and 2 in Germany. Renewable Energy Group also engages in the purchase and resale of biomass-based diesel and provides operational management services for production facilities. Additionally, the company offers construction management services for the development or upgrade of biorefineries and sells petroleum-based heating oils and diesel fuels. Founded in 1996 and headquartered in Ames, Iowa, Renewable Energy Group is committed to advancing bio-based fuel and chemicals through its innovative research and development initiatives.

Sapphire Technologies specializes in the development, manufacturing, and sale of energy recovery systems tailored for industrial applications involving natural gas and hydrogen. The company focuses on converting waste energy generated during pressure reduction processes into electric power, enabling businesses to enhance operational efficiency without disrupting ongoing processes. By recovering this otherwise wasted pressure energy, Sapphire Technologies assists companies in maximizing plant efficiencies, improving productivity, and reducing carbon emissions, while also helping to offset electrical costs and generate additional revenue. Their systems facilitate efficient transportation in pipelines, ensuring safe delivery through local distribution networks.

Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.

Zap Energy, Inc. is a Seattle-based company that specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. Founded in 2017, the company focuses on developing compact and scalable fusion technology that offers low-carbon, cost-effective, and flexible energy solutions. Unlike conventional fusion methods, Zap Energy's approach utilizes electric current to create magnetic fields that confine and compress plasma, enhancing the stability and efficiency of the fusion process. This innovative technology aims to provide sustainable energy while requiring less capital investment compared to traditional fusion systems.

Mainspring Energy, Inc. is a technology company based in Menlo Park, California, that specializes in developing linear generator technology for low carbon, dispatchable energy solutions. Founded in 2010 by three Stanford engineers, the company focuses on creating advanced prototypes that convert fuel into electricity through a unique, low-temperature reaction of air and fuel. This innovative approach allows Mainspring to offer generators that provide affordable, reliable electricity while significantly reducing carbon emissions compared to traditional electric grids. The company's mission is to address climate change and enhance energy accessibility, contributing to the development of net-zero carbon energy systems for the future.

Ocergy is a company dedicated to addressing energy and environmental challenges through the development of advanced ocean systems. It specializes in creating innovative floating platforms, such as OCG-Wind, which serves as a lightweight foundation for large offshore wind turbines, aimed at reducing the levelized cost of energy while enhancing industrialization and local supply chain utilization. Additionally, Ocergy offers OCG-Data, a multi-disciplinary ocean observer designed for comprehensive offshore site assessments. This platform supports various instrumentation for resource and environmental characterization, including technologies for underwater biodiversity monitoring and a detection system for birds and bats. By providing high-quality ecological data, Ocergy facilitates stakeholder engagement and promotes sustainable offshore solutions, including energy production and environmental monitoring.

Starfire Energy is a company focused on developing and deploying sustainable energy technologies, specializing in the production of carbon-free ammonia. Founded in 2007 and headquartered in Aurora, Colorado, Starfire Energy has created modular systems that synthesize ammonia from renewable energy sources, specifically wind and solar power. These modular plants are built in shipping containers that are pre-wired and pre-plumbed, facilitating easy on-site installation. The ammonia produced is not only used as a fertilizer and refrigerant but also serves as an energy-dense liquid fuel. By utilizing renewable energy, air, and water as inputs, Starfire Energy aims to meet the growing demands for energy storage and transportation while contributing to carbon-free industrial processes.

Baseload Capital invests globally in renewable heat power projects. It provides financial tools for operators to build and run these plants, focusing on geothermal systems that offer clean, reliable energy.

Eavor Technologies develops geothermal technology for clean, baseload power generation. Its proprietary Eavor-Loop™ system harvests heat from deep earth using wells to produce brine from a subsurface aquifer, enabling scalable heating applications with minimal environmental impact.

ChargePoint operates the world's largest electric vehicle (EV) charging network, offering public charging stations, consumer subscription plans, and utility grid management technology. Its app enables users to find, start, and track charging sessions.

Noble Energy, established in 1932, is a Houston-based independent energy company. It engages in the exploration, development, and production of crude oil and natural gas. The company's assets span onshore unconventional basins in the U.S. and offshore conventional basins in the Eastern Mediterranean and off the west coast of Africa. As of 2019, Noble Energy had total proved reserves of 2.05 billion barrels of oil equivalent. Additionally, it owns and operates midstream infrastructure assets in the DJ and Delaware Basins. In 2020, the company became a subsidiary of Chevron Corporation.

Zap Energy, Inc. is a Seattle-based company that specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. Founded in 2017, the company focuses on developing compact and scalable fusion technology that offers low-carbon, cost-effective, and flexible energy solutions. Unlike conventional fusion methods, Zap Energy's approach utilizes electric current to create magnetic fields that confine and compress plasma, enhancing the stability and efficiency of the fusion process. This innovative technology aims to provide sustainable energy while requiring less capital investment compared to traditional fusion systems.

Vutility is a provider of real-time, high-resolution energy monitoring solutions that help businesses optimize energy consumption and improve operational efficiency. Using its proprietary technology, the company collects and presents real-time utility usage data, enabling retailers and commercial customers to monitor consumption, identify savings opportunities, and reduce energy costs.

Puma Energy Australia Holdings Pty Ltd is a prominent fuel supplier engaged in the storage, distribution, and retail sale of various fuel products across the country. Established in 2010 and based in Hamilton, the company offers a comprehensive range of bulk fuels, including diesel, biodiesel, aviation fuels, and lubricants, catering to industries such as mining, agriculture, transport, marine, and aviation. Puma Energy operates a network of fuel service stations, including unmanned sites, along with seaboard import terminals and distribution depots. Additionally, the company provides fuel storage solutions, equipment for sale or lease, and customized fleet fuel card solutions, all supported by expert advice on fuel management and safety. As of mid-2020, Puma Energy Australia operates as a subsidiary of Chevron Australia Downstream Pty Ltd.

Modumetal, Inc. specializes in the development and manufacturing of nano-laminated metals and materials, catering to various industries including energy, aerospace, automotive, defense, infrastructure, and construction. Founded in 2006 and based in Seattle, Washington, with an additional sales office in The Woodlands, Texas, the company utilizes a proprietary technology that produces these alloys at an industrial scale. Modumetal's products are engineered to be stronger, lighter, and more corrosion-resistant than traditional metals, achieved through a manufacturing process that employs electricity instead of heat, thereby minimizing environmental impact. The company's offerings include customized alloys, nano-laminated fasteners, pumps, valves, and production tubulars, all designed to enhance performance and durability while maintaining competitive pricing compared to conventional materials.

Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.

ChargePoint operates the world's largest electric vehicle (EV) charging network, offering public charging stations, consumer subscription plans, and utility grid management technology. Its app enables users to find, start, and track charging sessions.

Modumetal, Inc. specializes in the development and manufacturing of nano-laminated metals and materials, catering to various industries including energy, aerospace, automotive, defense, infrastructure, and construction. Founded in 2006 and based in Seattle, Washington, with an additional sales office in The Woodlands, Texas, the company utilizes a proprietary technology that produces these alloys at an industrial scale. Modumetal's products are engineered to be stronger, lighter, and more corrosion-resistant than traditional metals, achieved through a manufacturing process that employs electricity instead of heat, thereby minimizing environmental impact. The company's offerings include customized alloys, nano-laminated fasteners, pumps, valves, and production tubulars, all designed to enhance performance and durability while maintaining competitive pricing compared to conventional materials.

BrightSource Energy, Inc. is a solar thermal technology company that specializes in designing, developing, and selling systems for utility-scale electric power plants both in the United States and internationally. The company utilizes fields of tracking mirrors, known as heliostats, which are controlled by proprietary software to concentrate sunlight onto a solar receiver/boiler unit, producing high-temperature steam. This steam can be harnessed for electricity generation via conventional steam turbines or for industrial applications, such as thermal enhanced oil recovery. In addition to its core technology, BrightSource provides comprehensive project development services that include site acquisition, permitting, and interconnection to the electrical grid. The company targets utility-scale solar thermal power project owners, contractors, and oil production companies, fostering strategic partnerships with notable firms in the industry. Founded in 2004 and headquartered in Oakland, California, BrightSource aims to offer low-cost, reliable clean energy solutions that help reduce dependency on fossil fuels.

BrightSource Energy, Inc. is a solar thermal technology company that specializes in designing, developing, and selling systems for utility-scale electric power plants both in the United States and internationally. The company utilizes fields of tracking mirrors, known as heliostats, which are controlled by proprietary software to concentrate sunlight onto a solar receiver/boiler unit, producing high-temperature steam. This steam can be harnessed for electricity generation via conventional steam turbines or for industrial applications, such as thermal enhanced oil recovery. In addition to its core technology, BrightSource provides comprehensive project development services that include site acquisition, permitting, and interconnection to the electrical grid. The company targets utility-scale solar thermal power project owners, contractors, and oil production companies, fostering strategic partnerships with notable firms in the industry. Founded in 2004 and headquartered in Oakland, California, BrightSource aims to offer low-cost, reliable clean energy solutions that help reduce dependency on fossil fuels.

LS9, known as the Renewable Petroleum Company, is a privately-held industrial biotechnology firm based in South San Francisco, California. The company focuses on the development and production of patent-pending UltraClean fuels and sustainable chemicals utilizing synthetic biology. By harnessing advanced industrial synthetic biology techniques, LS9 aims to create renewable petroleum biofuels that serve as eco-friendly alternatives to traditional fossil fuels.

Atlas Energy Group, LLC, established in 2011 and headquartered in Fort Worth, Texas, is engaged in the development and production of natural gas, crude oil, and natural gas liquids. The company's primary operations are in the Eagle Ford Shale in southern Texas, the Marble Falls play in the Fort Worth Basin in northern Texas, and the Mississippi Lime play in northwestern Oklahoma. Additionally, Atlas Energy invests in master limited partnerships and qualifying energy-related businesses and assets.

Stingray Geophysical specializes in providing Permanent Reservoir Monitoring (PRM) solutions for the global oil and gas industry. The company develops reliable and cost-effective seismic monitoring technologies that facilitate the observation of reservoir dynamics, including fluid movement, pressure levels, and resource mapping. By enabling oil and gas companies to enhance production efficiency and increase hydrocarbon reserves, Stingray Geophysical helps reduce operational risks and costs associated with resource management. Through its innovative solutions, the company plays a crucial role in optimizing the performance of reservoirs worldwide.

LS9, known as the Renewable Petroleum Company, is a privately-held industrial biotechnology firm based in South San Francisco, California. The company focuses on the development and production of patent-pending UltraClean fuels and sustainable chemicals utilizing synthetic biology. By harnessing advanced industrial synthetic biology techniques, LS9 aims to create renewable petroleum biofuels that serve as eco-friendly alternatives to traditional fossil fuels.

Soane Energy LLC is a specialty materials company based in Cambridge, Massachusetts, that develops innovative chemical solutions for the oil and gas industry. Founded in 2006, the company focuses on applying polymer and surface science technologies to enhance operational efficiency while minimizing environmental impact. Its product offerings include self-suspending technology that aids in proppant suspension and transport, friction-reducing agents, and systems designed to remove impurities from hydraulic fracturing wastewater. Additionally, Soane Energy provides processes for treating wastewater generated from Canadian oil sands extraction. Through these advancements, the company aims to address global energy demands responsibly and contribute positively to environmental health.

BrightSource Energy, Inc. is a solar thermal technology company that specializes in designing, developing, and selling systems for utility-scale electric power plants both in the United States and internationally. The company utilizes fields of tracking mirrors, known as heliostats, which are controlled by proprietary software to concentrate sunlight onto a solar receiver/boiler unit, producing high-temperature steam. This steam can be harnessed for electricity generation via conventional steam turbines or for industrial applications, such as thermal enhanced oil recovery. In addition to its core technology, BrightSource provides comprehensive project development services that include site acquisition, permitting, and interconnection to the electrical grid. The company targets utility-scale solar thermal power project owners, contractors, and oil production companies, fostering strategic partnerships with notable firms in the industry. Founded in 2004 and headquartered in Oakland, California, BrightSource aims to offer low-cost, reliable clean energy solutions that help reduce dependency on fossil fuels.

Stingray Geophysical specializes in providing Permanent Reservoir Monitoring (PRM) solutions for the global oil and gas industry. The company develops reliable and cost-effective seismic monitoring technologies that facilitate the observation of reservoir dynamics, including fluid movement, pressure levels, and resource mapping. By enabling oil and gas companies to enhance production efficiency and increase hydrocarbon reserves, Stingray Geophysical helps reduce operational risks and costs associated with resource management. Through its innovative solutions, the company plays a crucial role in optimizing the performance of reservoirs worldwide.

Stingray Geophysical specializes in providing Permanent Reservoir Monitoring (PRM) solutions for the global oil and gas industry. The company develops reliable and cost-effective seismic monitoring technologies that facilitate the observation of reservoir dynamics, including fluid movement, pressure levels, and resource mapping. By enabling oil and gas companies to enhance production efficiency and increase hydrocarbon reserves, Stingray Geophysical helps reduce operational risks and costs associated with resource management. Through its innovative solutions, the company plays a crucial role in optimizing the performance of reservoirs worldwide.

Unocal Corporation is engaged in the exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids. The company operates across various stages of the energy supply chain, focusing on the extraction and management of hydrocarbon resources. Through its operations, Unocal plays a significant role in meeting energy demands while contributing to the overall energy sector.