Energy company Chevron's strategic investment arm recently passed its 20th anniversary and has launched its latest fund, which is sized at $90m.
Chevron Technology Ventures (CTV), US-based oil, gas and fuel provider Chevron’s corporate venturing unit, has launched a $90m fund called Fund VII.
Founded in 1999, CTV backs companies developing technologies that could be applicable to its parent business, in addition to making strategic commitments to selected venture capital funds, and has made in excess of 90 investments.
Fund VII will invest in early and mid-stage, high-growth companies developing innovative oil and gas technologies, and will continue to participate in external…
