bp Ventures
backing innovative technologies and visionary founders
which could help revolutionise the energy sector.
About us
bp Ventures is the venturing arm of bp – backing innovative technologies and visionary founders which could help revolutionise the energy sector.
Our investments support bp’s reset strategy to invest with discipline in the transition, while also enhancing core operations and paving the way for future disruptive opportunities. We invest in Series A onwards but, in some cases, have invested in earlier stages.
Since launching in 2007, bp Ventures has
Invested4funds
Backed around75startups
Deployed$1.2bnin capital
We invest in
energy sector visionaries – those with transformational ideas which could help revolutionise the sector.
We invest to
support bp’s strategy today while also providing insights that may help pave the way for the disruptive opportunities of tomorrow.
We give founders
access to bp’s deep and global network to accelerate and scale their companies.
We are now deploying Fund 5, and we are focused on
Supporting our operations
Investments that may support bp’s operations and help to deliver some of our sustainability frame aims relating to:
- Becoming a net zero company by 2050 or sooner and helping the world get to net zero.
- Caring for our planet.
Disciplined investment in the transition
Investments in aid of bp’s transition businesses:
- Helping to deliver near-term business ambitions while backing breakthrough innovations and longer-term, next-generation technologies.
Exploring the ‘white space’
Investments beyond the disruptors:
- Backing the disruptive technologies and opportunities that can inform and support the development of future bp strategies.