About Chevron Technology Ventures
Chevron Technology Ventures is a venture capital firm founded in 1999. It is primarily based out of Houston, United States. As of May 2026, Chevron Technology Ventures is an active investor, having invested in 46 companies, with 2 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Environment Tech and Enterprise Applications. Most recently it participated in the $***** Seed round of Aquanta Vision Overall, Chevron Technology Ventures portfolio has seen 1 unicorn, 3 IPOs and 6 acquisitions including key companies like ChargePoint, Illumina and Eavor. A lot of funds co-invest with Chevron Technology Ventures, with names like AP Ventures sharing a substantial percentage of its portfolio. Chevron Technology Ventures has team of 2 people.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Chevron Technology Ventures' List of Top Investments
Chevron Technology Ventures has a portfolio of 46 companies, one of which is a Unicorn. Their most notable investments are in Malta and Zap Energy.Their portfolio spans across United States, Canada, United Kingdom and 4 more locations. They have invested in High Tech, Environment Tech, Enterprise Applications and 16 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by Chevron Technology Ventures:1. ChargePoint
Manufacturer of electric vehicle charging hardware and provider of software. This business produces alternating current and direct current charging stations for residential and commercial use. The software platform enables station management, monitoring of vehicle health, and automated workflows for charging operations. Integration tools allow for data sharing and connectivity with various vehicle systems. Support services include project management, site planning, and maintenance for charging infrastructure.
Key facts about ChargePoint
- Founded Year: 2007
- Location: Campbell (United States)
- Annual Revenue: $100M - $500M as on Jan 31, 2025
- Stage: Public
- Total Funding till date: $554M
- Employee Count: 1,482 as on Jul 31, 2026
- Investors: EG Capital Advisors, Advantas Capital Ventures and 50 Others
- Latest Funding Round: Post IPO, Apr 04, 2022, $*****
- Highlight: Public
2. Illumina
Developer of technologies for analysis of genetic variation and function. The company provides laboratory instruments, kits, and reagents for research, drug development, and the development of molecular tests. The product categories include gene panel and array finder, microarray kits, clinical research, and IVD products.
Key facts about Illumina
- Founded Year: 1993
- Location: San Diego (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $28M
- Employee Count: 9,686 as on Jul 31, 2026
- Investors: Gershon Capital, Bondeinvest.com and 32 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2020, $*****
- Highlight: Public
3. Flyability
Developer of a collision-tolerant drone for the inspection of indoor spaces. It offers drones, payloads, and accessories designed for use in inaccessible places. Software includes cloud data management, inspection tools, and training simulators. It deploys drones to inspect critical infrastructure in industries such as power generation, mining, oil and gas, chemical, and radioactive areas of nuclear plants.
Key facts about Flyability
- Founded Year: 2014
- Location: Paudex (Switzerland)
- Stage: Series C
- Total Funding till date: $39.2M
- Employee Count: 147 as on Jul 31, 2026
- Investors: SBI Investment, Verve Ventures and 18 Others
- Latest Funding Round: Series C, Sep 07, 2022, $*****
- Highlight: Editors' Pick
4. Seeq
Seeq is an industrial data analytics solutions provider. It offers big data analysis solutions that help analyze and understand industrial process data (IPD) better and faster than standard solutions. The features include reduced time for analysis, easier relationship discovery, ERP and other systems integration, support for business intelligence (BI) software such as Excel, Tableau, SAS, and MATLAB, and collaboration support.
Key facts about Seeq
- Founded Year: 2013
- Location: Seattle (United States)
- Stage: Series D
- Total Funding till date: $198M
- Employee Count: 321 as on Jul 31, 2026
- Investors: Sixth Street, Sixth Street Growth and 14 Others
- Latest Funding Round: Series D, Aug 06, 2024, $*****
- Highlight: Editors' Pick
5. DG Matrix
Provider of a DC fast charger for electric vehicles. The charger is based on single-unit L3 DC fast charging technology for optimized fast charging.
Key facts about DG Matrix
- Founded Year: 2022
- Location: Tempe (United States)
- Stage: Series A
- Total Funding till date: $80M
- Employee Count: 65 as on Jul 31, 2026
- Investors: Clean Energy Ventures, Chevron Technology Ventures and 10 Others
- Latest Funding Round: Series A, Feb 18, 2026, $*****
- Highlight: Editors' Pick
Chevron Technology Ventures' Year-on-Year Investment Trends
Chevron Technology Ventures has invested in 46 companies over the last 26 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 3 investments, while as of May 2026, it has made 5 investments in this year. Its most recent first time investment was in Aquanta Vision and most recent follow-on round was in DG Matrix.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 3 | 5 |
2025 | 2 | 1 | 3 |
2024 | 7 | 2 | 9 |
2023 | 4 | 0 | 4 |
2022 | 4 | 2 | 6 |
2021 | 6 | 4 | 10 |
2020 | 6 | 0 | 6 |
2019 | 3 | 1 | 4 |
Chevron Technology Ventures' Investments by Stage
Chevron Technology Ventures has made 15 investments in Series A stage with an average round size of $22.5M, 10 investments in Series B stage with an average round size of $22.1M and 5 investments in Seed stage with an average round size of $8.67M.Stage of entry | No. of Investments |
|---|---|
Series A | 15 |
Series B | 10 |
Seed | 5 |
Series C | 5 |
PE | 3 |
Others | 1 |
Note: We have considered here, only first round of investments
Chevron Technology Ventures' Investments by Sector
Chevron Technology Ventures has a diverse portfolio, with companies operating in the High Tech, Energy Tech, Environment Tech, Sustainability Tech and Enterprise Applications. Notably, it has invested in 37 Tech companies, 35 Enterprise (B2B) companies, 22 Tech hardware companies and at least 13 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 25 |
Energy Tech | 19 |
Environment Tech | 18 |
Sustainability Tech | 18 |
Enterprise Applications | 9 |
Others | 40 |
Note: We have considered here, only first round of investments
Chevron Technology Ventures' Investments by Geography
Chevron Technology Ventures has made most investments in United States (26), followed by Canada where it has made 4 investments.Country | No. of Investments |
|---|---|
United States | 26 |
Canada | 4 |
United Kingdom | 3 |
Netherlands | 2 |
Switzerland | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
Chevron Technology Ventures' recent investments
Chevron Technology Ventures has made 5 investments in 2026 so far. Aquanta Vision and KEWAZO are the latest among them.Here are the most recent investments by Chevron Technology Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 19, 2026 | - | Seed | 2615 | [+3] | |
Mar 19, 2026 | Germany | Series A | 1005 | [+7] | |
Feb 18, 2026 | United States | Series A | 2849 | [+7] | |
Jan 14, 2026 | United States | Seed | 3851 | [+10] | |
Jan 12, 2026 | United States | Series A | 3029 | [+7] |
Unicorns in Chevron Technology Ventures' Portfolio
Chevron Technology Ventures has 1 unicorn in its portfolio - Radiant Nuclear. The most recent unicorn in their portfolio is Radiant Nuclear which became a unicorn in 2025, 1 years after Chevron Technology Ventures first invested in it.Here is a list of unicorns in Chevron Technology Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Provider of portable nuclear microreactor solutions | 2019 | Los Angeles | Series D | exqjsfk |
IPOs and Publicly Listed companies in Chevron Technology Ventures' Portfolio
3 of Chevron Technology Ventures' portfolio companies have become public. Standardnuclear got listed on the New York Stock Exchange (NYSE), in Jul 2026 at marketcap of $2.24B and ChargePoint got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.Here are Chevron Technology Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 16, 2026 | Aug 14, 2025 | Series A | 4313 | |
Sep 20, 2019 | Jul 31, 2020 | Post IPO | 5158 | |
Jul 28, 2000 | Jan 10, 2000 | PE | 6766 |
Acquired companies in Chevron Technology Ventures' Portfolio
6 companies from Chevron Technology Ventures' portfolio have been acquired. The most recent acquisition was NovoNutrients in Jun 2026 by Biosphere for $*****.Here are Chevron Technology Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 30, 2026 | Nov 13, 2019 | Seed | 8808 | |
Dec 21, 2023 | Mar 23, 2010 | Series A | 1866 | |
Oct 19, 2022 | Feb 16, 2021 | Series B | 6431 | |
May 01, 2022 | Jun 11, 2020 | Series C | 9070 | |
Mar 03, 2022 | May 20, 2020 | PE | 1992 |
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Team profile of Chevron Technology Ventures
Chevron Technology Ventures has a team of 2 members located in United States. Chevron Technology Ventures' team does not sit on the board of any company as of now.Co-investors of Chevron Technology Ventures
Over the past 26 years, 365 investors have co-invested in Chevron Technology Ventures's portfolio companies. This includes funds and angels.
- Invested before Chevron Technology Ventures: Chevron, Sustainable Development Technology Canada and 131 others have invested in rounds before Chevron Technology Ventures. There are 5 companies where Chevron has invested before Chevron Technology Ventures and 3 companies where Sustainable Development Technology Canada has invested before Chevron Technology Ventures.
- Top Co-investors of Chevron Technology Ventures: 114 investors entered a company along with Chevron Technology Ventures. These include investors like AP Ventures (3 companies).
- Invested after Chevron Technology Ventures: A total of 118 investors have invested in Chevron Technology Ventures's portfolio after their investments. Top Investors include Europa (4 companies), Chevron (4 companies) and Shell Ventures (3 companies).
Recent News related to Chevron Technology Ventures
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Carbon Clean Solutions Closes $22M Series B FundingFinSMEs•Jul 02, 2020•Carbon Clean Solutions, Equinor, Icos Capital, Chevron and 3 others
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Voyage Snags $31 Million As It Targets A Self-Driving NicheForbes•Sep 12, 2019•Voyage, Franklin Templeton Investments, Jaguar Land Rover, Chevron and 5 others
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Carbontech firm Inventys lands $10 mlnPE Hub•Jun 25, 2019•Inventys, Inventys, BDC, OGCI and 3 others
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Carbon Management Startup Closes $11 Million in Series CNewsCenter•Jul 17, 2018•Inventys, OGCI, The Roda Group, Chevron Technology Ventures
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Canada’s Inventys raises $11 million in Series C financingInvestsize•Jul 16, 2018•Inventys, Inventys, OGCI, The Roda Group and 1 other
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Chevron CEO Watson to step down, Wirth likely successorReuters•Aug 22, 2017•Chevron Technology Ventures
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