Investor Type | Firm |
Type of Fund | Corporate VC |
Industries | BioTech • Hardware (& Manufacturing) • Energy • CleanTech • A.I. (& Big Data) • Impact • Material Science • DeepTech • Investment Management • Mobility • Woman Focused • UrbanTech |
Stages | Seed, Startup, Early Stage,Merging, Pre-seed, Series B, Series A |
Investing | United States • United Kingdom • Canada • Singapore • Israel • Europe • Asia |
Investment Range | $1,000,000 - $50,000,000 |
Investment Sweet Spot | $20,000,000 |
Assets Under Management | $450,000,000 |
BP Ventures is the corporate venture arm of BP, established to identify and invest in private, high growth, game-changing technology companies, driving innovation across the energy spectrum. Their investment focus extends to the emerging technologies in oil and gas exploration and production, as well as downstream conversion processes. With a keen eye on transitions shaping the energy sector, BP Ventures emphasizes investments directed towards bio & low carbon products, carbon management, power & storage, advanced mobility, and digital transformation, reflecting BP’s ambition to move towards a lower carbon future. The firm aligns its investment strategy with BP’s broader vision for energy, leveraging its expertise in areas such as Equity investments and Fund of Funds management. BP Ventures operates with a minimum investment threshold of $1,000,000 and a maximum of $60,000,000, actively seeking opportunities at the Seed, Startup, and Early Stage sectors of the market, also focusing on merging technologies. The Corporate VC type fund has an impressive $450,000,000 in assets under management. Since its inception in 2006, BP Ventures has cultivated a multinational presence, with headquarters in Palo Alto, California, United States, and additional offices in prime locations including London, United Kingdom; San Francisco, California; Houston, Texas; Singapore, and Shanghai, China. Their investments often reflect the intention to foster innovation and development within their core industries, which include BioTech, Energy, CleanTech, and Material Science. BP Ventures’ approach is characterized by a deep-seated understanding of the energy landscape and an unwavering commitment to aiding in the transition to a more sustainable energy future while maximizing value creation for BP.