Top 50 Rising Stars 2021 continued (in alphabetical order by CVC unit): Erin Hallock, senior venture principal of Europe and the Middle East, and Shaun Healey, venture principal, BP Ventures

Erin Hallock is a managing partner while Shaun Healey is a principal at BP Ventures, UK-headquartered energy company BP’s corporate venture capital (CVC) division.

Hallock, who is based in London and focuses on Europe and Middle East deals, said: “I lead on origination, appraisal and portfolio management of our investment activity across what we term innovation and engineering. My investments are expected to be a catalyst for exploring and accessing emerging digital technologies across our business units to support BP through the energy transition. I have over 13 years’ investment experience across mid-market buyouts, growth capital and venture capital and have been with BP Ventures for two and a half years.

“My role gives me the opportunity to meet with a number of exciting and innovate businesses and entrepreneurs; however, because it’s the entrepreneurs who give you permission to do this job, I wanted to work with a fund that was able to provide value in addition to the capital and I think CVCs are uniquely able to do that not only through revenue, but also by leveraging their own resources to lower the costs of commercialising innovation.”

San Francisco-based Healey said: “I have been with the BP Ventures team for six years and lead investments in support of BP’s customer and products organisation which include new business models and service platforms to deliver ‎the future of mobility, energy and services for our customers.

“Personal success can be judged across all activities but the greatest impact and value creation for our CVC unit is achieved through the identification and investment in companies that unlock new business models and participation opportunities for BP. I am very proud to have led our investment in Satelytics which advances BP’s strategy to deploy a suite of complementary methane detecting techniques across new and existing facilities.”