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Founded1999
Descriptionprivate equity

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Chevron-Texaco Venture Equities

ChevronTexaco Venture Equities (CTVE) was formed in 1999 to invest in technology startup companies whose innovations could significantly benefit ChevronTexaco’s existing businesses and lead to new growth opportunities.

ChevronTexaco is an energy company with a leading-edge venture capital group established to make equity investments in early startup-stage, new technology companies.

ChevronTexaco Venture Equities works with select venture capital firms and also makes independent investments in areas such as information technology, biotechnology, materials science, intelligent devices, MEMS, nanotechnology, robotics, and bioinformatics.

Investments are made in companies that provide the potential for outstanding financial returns. The technologies and products of these companies should be applicable to multiple vertical markets while also being applicable or adaptable for use in the energy industry.

Milestones

Investments

Company Date Round Size Participants
Radiance 10/08Unattributed$26M5
Microfabrica 8/06Series C$8M6

Videos

Sources

  1. paidcontent.org (paidcontent.org) [edit]
  2. Microfabrica Secures $8 Million Funding to Expand Fabrication Facility in Van Nuys, California (azonano.com) [edit]
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Last Edited 9/6/10

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