In addition, we see four points of difference between bp ventures and other VC and CVC investors:
- Funding spectrum - Our venture team is one of the most active among energy CVCs. We invest in funding rounds from seed through to series D. We are committed to follow-on investing.
- Integration - We are motivated by creating exponential value by connecting startups into our innovation engine, with bp’s global business. We think in network effects rather than in one offs.
- Nurturing - bp’s values – safety, courage, one team, respect & excellence - guide both how we invest and how we work with all our partners. We are committed to protecting what makes each organisation and its people unique.
- Scale - With a global business across many different energy and mobility value chains, we take pride in connecting our portfolio companies to people with vision, who can open doors.
- Diversity, equity and inclusion - We believe that embracing diversity, equity and inclusiveness is the only way of doing business for a sustainable future and so we strive for it in our portfolio companies and in our own investment team.