Our portfolio

BP Ventures is set up to grow new energy businesses in the upstream, downstream, alternative energy and in five new areas: Advanced mobility; Power and storage; Carbon management; Bio and low carbon products; Digital transformation

We have invested $500 million dollars in more than 40 companies with technologies and innovations that will materially impact BP and global energy systems.

Upstream

Advanced BioCatalytics

The product acts synergistically with surfactants to lower interfacial tension and the micelle concentration leading to increased performance and reduced costs

Fotech

Fibre optic Distribution Acoustic Sensing for monitoring pipelines and downhole operations: fracture monitoring, production logging and leaf detection

BiSN

The product acts synergistically with surfactants to lower interfacial tension and the micelle concentration leading to increased performance and reduced costs

Modumetal

Nanolaminated materials to improve the structural, corrosion and high temperature performance of coatings, bulk materials

Saltworks

Develops, manufactures and operates solutions for desalination, brine management and chemical recovery applications

Silicon Microgravity

Innovative gravity and rate gyro sensor primarily for water-flood and flood-front monitoring and control

Belmont Technologies

A cloud based geoscience platform using artificial intelligence (AI)

Downstream

Drover

Market maker for car sharing schemes, providing vehicles, insurance and maintenance to ride sharing platforms

Peloton Technologies

Truck platooning and autonomous vehicle technology for fuel efficiency in commercial vehicles

SGI

Creating genomic-driven commercial solutions to meet the growing demand for critical resources such as energy, clean water, food and medicine

Tricoya

Proprietary technology to create high quality, durable acetylated wood products for use in building, home and construction markets

Lighting systems

Energy recovery schemes for commercial vehicles using hydraulics

Zubie

Connected car predictive maintenance telematics for consumers and small businesses

RepairPal

Consumer facing portal for auto repair

Freewire

Solutions for electric vehicle charging and mobile distributed power

Fulcrum

Creates biogas by gasification of household wastes

Victor

On-demand jet charter marketplace

StoreDot

Developing various ultra-fast charging battery applications including mobile devices and electric vehicles

PowerShare

A leading integrated hardware and software solutions provider for electric vehicle (EV) charging in China

Zippity

Provides on-site car maintenance for customers at a time and a place most convenient for customers in their work place

Group

Brightsource

Develops and builds solar thermal power generation plants

Chromatin

High yielding, nutient-efficient drought tolerant crop optimised for agriculture or bio-industrial processes that create renewable chemicals, materials and fuels

Helie Power

Screw expander that recovers energy from wet steam or two-phase fluids to generate electricity

Carbonfree

Converts carbon dioxide emissions to solids for long-term storage

Solidia Technologies

Developing next generation building materials that consume, not generate, CO2 in the production process

Beyond Limits

A leading artificial intelligence and cognitive computing company

Xpansiv

Platform for seamless digitization of commodities from existing operational data to create “Digital Feedstock”, digital representations of produced units in real-time

Voltaware

Developing electricity sensor and comprehensive AI-based electricity data intelligence platform

C-Capture

Uses new proprietary technology to remove carbon dioxide from methane gas stream; offering a less expensive alternative to current technologies based on the use of amines