Chevron Technology Ventures, the venture capital investment arm of Chevron, has launched CTV Fund V, a $90m venture capital fund to invest in early- to mid-stage companies and in limited partnership funds. The companies should be developing emerging technologies that have the potential to improve Chevron’s oil and gas base business performance or create opportunities for growth.
Barbara Burger, CTV President, said: “We provide an excellent source of innovative technologies that can deliver value to Chevron’s business units when applied.…