Chevron Technology Ventures' latest fund will support developers of technology aimed at cutting carbon emissions, and it follows a $100m first vehicle in 2018.
Chevron Technology Ventures, the strategic investment arm of US-headquartered oil and gas provider Chevron, launched a $300m vehicle called Future Energy Fund II yesterday to fund developers of clean energy technology.
Future Energy Fund II will provide funding for developers of technology that can help reduce carbon emissions, covering areas such as industrial decarbonisation, mobility technology, the decentralisation of the energy structure and circular carbon technology.
The fund is the eighth to be formed by the unit since it was…
