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  3. Our difference

Our difference

Unlike a traditional VC, we are both investor and end-user of the technologies in which we invest. This means we look to build long-term relationships with our co-investors and portfolio companies – and we look to deliver strategic value to bp, not just financial value
Akira Kirham quote

In addition, we see four points of difference between bp ventures and other VC and CVC investors:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.