BP Ventures

BP Ventures serves as the strategic investment arm of global energy leader BP, focusing on identifying and supporting innovative technologies and businesses that advance the energy transition. Established to drive innovation across the energy spectrum, the venture capital unit strategically deploys capital to accelerate growth in companies developing solutions for a lower carbon future. With a portfolio spanning multiple continents, BP Ventures maintains a disciplined investment approach that aligns with BP's broader ambition to become a net zero company by 2050 or sooner. Their investment strategy targets disruptive technologies that can transform energy systems while creating substantial financial returns.

The investment portfolio of BP Ventures encompasses diverse sectors including advanced mobility, clean energy, carbon management, bio and low carbon products, and digital transformation. Notable investments include companies developing electric vehicle charging infrastructure, advanced biofuels, carbon capture technologies, and artificial intelligence applications for energy optimization. By providing not only capital but also industry expertise, commercial relationships, and global reach, BP Ventures helps portfolio companies accelerate their growth trajectory and scale their impact. Their investment tickets typically range from $1 million to $10 million, focusing primarily on Series A through growth stage opportunities.

Beyond financial returns, BP Ventures seeks strategic value through investments that complement BP's existing businesses or open doors to emerging markets and technologies. The team comprises experienced investment professionals with backgrounds spanning energy, technology, and finance sectors, providing portfolio companies with valuable insights and connections. BP Ventures maintains offices in key innovation hubs including London, San Francisco, and Houston, allowing them to identify promising opportunities across global innovation ecosystems. Their collaborative approach involves working closely with entrepreneurs to refine business models and create pathways to commercial deployment within BP's vast operations.

Since its inception, BP Ventures has invested over $700 million in more than 60 companies, demonstrating their commitment to fostering innovation in the energy sector. The venture arm regularly partners with other corporate venture capital units, financial VCs, and government-backed funds to support portfolio companies through multiple growth stages. Their investment philosophy emphasizes technologies that can scale globally and create meaningful impact on carbon reduction while maintaining strong commercial potential. For entrepreneurs seeking partnership, BP Ventures offers a unique combination of patient capital, industry knowledge, and global market access that can significantly accelerate the development and adoption of breakthrough energy solutions.