Chevron Hallmark CTV HomeContact Us
Technology Ventures
Investing in TechnologyCommercializing TechnologyNews and Events
Abstract Photo
Investing in Technology
Power and Energy Corporate Venture Capital Fund
Diversified Technology Corporate Venture Capital Funds
Internal Corporate Venturing
Investment Team
Investment Portfolio
Submit Your Business Plan
Investment Portfolio

We make direct and venture-fund investments in companies with early to mid-stage technologies that can enhance Chevron's core operations. We also invest in technology companies in the energy and power sector to gain early access to important innovations.

Power and Energy Investment Portfolio
Diversified Technology Investment Portfolio

Power and Energy Investment Portfolio
Active Portfolio Companies
DeepFlex Logo DeepFlex: DeepFlex manufactures non-metal flexible pipe with superior weight, strength, corrosion, fatigue, and flexibility attributes for deep water projects in the oil and gas industry.
DynaPump Logo® DynaPump, Inc.: DynaPump, Inc. manufactures innovative proprietary rod pumping systems used in the oil and gas industry. DynaPump's goal is to improve their customer's cash flow by increasing revenues by enhancing production, increasing energy efficiency, increasing operational flexibility to changing well conditions, and decreasing overall system expenses.
Five Star Technologies Logo Five Star Technologies: Five Star Technologies provides commercialization of Controlled Flow Cavitation™ process technology targeting industrial catalysis, nutraceuticals, and pharmaceuticals.
Konarka Technologies Logo Konarka Technologies: Konarka is dedicated to the development and commercialization of solutions for portable and distributed power needs based on photovoltaic products that are: versatile (across the broadest spectrum of light), flexible (adaptable to many form-factors), and low cost (versus traditional photovoltaics). Their products are centered around the dye-sensitized solar cell and an all-organic platform.
MicroSeismic Inc. Logo MicroSeismic, Inc.: MicroSeismic, Inc. provides passive seismic acquisition and processing services. By recording the natural seismic energy from micro-earthquakes or production induced micro-seismicity, MicroSeismic is able to create 3-D models of the subsurface structure and dynamic reservoir processes. These passive seismic surveys can be conducted in areas where traditional seismic cannot, without entering a wellbore, and at lower cost. MicroSeismic uses its proprietary software to process and analyze the data.
Moblize Logo Moblize: Moblize delivers last mile monitoring and control solutions using open standards based technologies for the Oil and Gas industry.
OpenSpirit Logo OpenSpirit: OpenSpirit provides an off-the-shelf, standards based middleware product that allows interoperability between multiple vendors' applications and data. There are now over 1000 oil company end users in over 45 countries taking advantage of the framework to speed up critical workflows and enhance analysis in the geotechnical space, with more adopting the solution every day.
Southwest Windpower Logo Southwest Windpower: Southwest Windpower is the global market leader in small wind turbines and continues to be the fastest growing manufacturer in its industry. Their next generation energy appliance the Skystream 3.7™ is a compact utility connected wind generator designed specifically for residential homes and small businesses.
Stingray Logo Stingray Geophysical: Stingray Geophysical is developing an advanced all fiber-optic sensor array system that will be deployed permanently on the seabed. The sensors are completely passive, allowing the array to consist only of optical fibers. As no electrical power is required, so the array, cables and infrastructure are much smaller than conventional electrically-powered systems. The approach used also allows a large number of sensors to be combined on one fiber pair. The resulting systems are inherently reliable, are smaller and therefore easier to handle and deploy and can be manufactured and installed for significantly lower costs than is possible with conventional electrical systems.
Sub-One Technology Logo Sub-One Technology: Sub-One Technology has developed a revolutionary new nanotechnology-and a family of systems- for depositing super-hard, smooth, pure films on the internal surfaces of a broad spectrum of products. These products can range from large-diameter industrial piping to small, complex metal and plastic components.
Tubel Technologies Inc. Logo Tubel Technologies Inc.: Tubel Technologies Inc. is a progressive company specializing in the development and deployment of new technologies for oilfield applications. The company focuses in the development of systems to enhance production in areas such as Intelligent Completions, Well Automation and Optimization, Formation Evaluation and Frac Services Improvements. Tubel Tech product lines include real time wireless gauges for permanent downhole applications, high reliability fiber optics pressure and temperature sensor for reservoir and production monitoring, real time wireless service tools and plunger lift optimization systems.
Limited Partner Funds
DFJ Element Logo DFJ Element: DFJ Element is based in Philadelphia, PA with additional offices in Menlo Park, CA. Founded in 2006, DFJ Element invests in high-growth companies that offer innovative solutions to global resource or environmental problems.
EnerTech Logo EnerTech Capital: EnerTech Capital is based in Wayne, PA. Founded in 1996, EnerTech Capital is a private equity firm that invests exclusively in service and technology companies emerging from, and capitalizing on, the reshaping of the energy, utility and telecommunications markets.
Nth Power Logo Nth Power: Nth Power is based in San Francisco, Ca. Nth Power is a leading venture capital firm dedicated exclusively to high potential investments resulting from the restructuring of the global energy industry.
Rockport Capital Partners Logo Rockport Capital Partners: RockPort Capital Partners is located in Boston, MA. RockPort Capital Partners is dedicated to investing in and supporting the most promising entrepreneurs and technologies in the Energy and Power, Advanced Materials, and Process and Prevention sectors.

Back to Top

CTV Funds Investment Portfolio
Active Portfolio Companies
Axonn Logo Axonn: Axonn develops and provides satellite and radio frequency-based hardware for the tracking, monitoring and management of fixed and mobile remote assets. Their focus is to provide cost-efficient, low power, reliable and secure monitoring devices that can be used across a spectrum of diverse applications.
BlueArc Logo BlueArc: BlueArc is the world leader in network storage innovation. BlueArc's Titan storage system family delivers unparalleled performance, scalability and simplicity, enabling customers to accelerate their digital world. Utilizing a unique patented architecture, Titan customers can achieve tasks impossible with alternative systems, implementing tomorrow's solutions today.
Codexis Logo Codexis: Codexis provides application of gene shuffling and directed evolution to the manufacture of specialty chemicals, and advanced intermediates for the pharmaceutical industry.
Ember Logo Ember: Ember provides a comprehensive suite of hardware and software products coupled with training, support, and services for OEM and Enterprise customers within the building automation, asset management, industrial automation, utility, and defense industries.
Ironport Systems Logo IronPort Systems: IronPort Systems develops high performance email and Web security products for organizations ranging from small businesses to the Global 2000. IronPort provides high performance, easy-to-use, and technically innovative products for those faced with the monumental task of managing and protecting their mission-critical networks from Internet threats.
MetaCarta Logo MetaCarta: MetaCarta is a provider of geographic intelligence solutions offering users map-driven geographic search, geographic referencing, and data visualization capabilities. MetaCarta products make data and unstructured content "location-aware" making that information geographically relevant. These innovative solutions make it possible for customers to discover, visualize, and act on important location-based information.
Microfabrica Logo Microfabrica: Microfabrica provides novel, high-volume MEMS manufacturing technology.
Radiance Technologies Logo Radiance Technologies, Inc.: Radiance Technologies, Inc. provides enterprise software for central control of large file distribution, with the ability to schedule, monitor, and control content delivery and expiration.
Radiance Technologies Logo SiCortex: SiCortex has designed a dense, very low power, high performance Linux computing (HPC) cluster computer system from the ground up that will reliably deliver more compute performance per square foot, per dollar and per watt than any other system. The unique architecture and chip design solves fundamental cluster computing problems by significantly reducing power consumption, reducing memory latency and increasing system reliability.
Spotfire Logo Spotfire: Spotfire DecisionSite, the company's visual data analysis application, offers an interactive, visual approach to data analysis that empowers individuals to quickly and easily see trends, patterns, outliers and unanticipated relationships in data.
Trade Capture, Inc. Logo TradeCapture, Inc.: TradeCapture Inc. is a leading global provider of integrated trading, risk management, and transaction management solutions. TradeCapture’s flagship product, ICTS Symphony, is a web-enabled, fully integrated straight-through processing system that operates across the entire transaction chain, enabling front, middle and back-offices to share information on a real-time basis.
Xenogen Logo Xenogen: Xenogen provides Technology to optically visualize chemical interactions within animals, with applications in pharmaceuticals and toxicology.
Limited Partner Funds
Ampersand Ventures Logo Ampersand Ventures: Ampersand Ventures is a private equity firm that focuses in Information Technology Life Sciences, and Communications across all stages of development.
APV Technology Partners Logo APV Technology Partners: APV Technology Partners is a private venture capital firm emphasizing early stage investments in privately-held information technology companies.
Arch Venture Partners Logo Arch Venture Partners: Arch Ventures Partners is a premier provider of seed and early stage venture capital for technology firms.
CMEA Ventures Logo CMEA Ventures: CMEA Ventures specializes in life sciences and information technology investments.
Oxford Biosciences Logo Oxford Biosciences: Oxford Biosciences is a life-science venture capital firm. Oxford provides equity financing in the bioscience and healthcare industries.
Vanguard Ventures Logo Vanguard Ventures: Vanguard Ventures is a leading early stage venture capital firm that helps entrepreneurs build pioneering technology and life science companies.

Exited Portfolio Companies

Back to Top

Do You Have a Great Idea?
Our investment groups continually search out technology innovations that can enhance our operations. If you have a promising technology, please tell us about it. Submit your business plan today.
  Have a Question?
Contact us today.