BP Ventures’ Erin Hallock explored the difficulties in getting a syndicate together for transformative technologies where financial returns could be far away.
Speaking at the GCV Symposium in London today, Erin Hallock, a managing partner at oil and gas supplier BP’s corporate venture capital arm, BP Ventures, highlighted the difficulties in getting investors on board for startups with nascent technologies.
Hallock said BP Ventures is currently trying to pull together investors for an unnamed startup focusing on sustainable aviation – a sector that does not yet have a credible decarbonisation plan – that is working on technology which will require hundreds of…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.