1. Home
  2. Our portfolio

Our portfolio

BP Ventures is set up to grow new energy businesses in the upstream, downstream, alternative energy and in five areas: Advanced mobility; Power and storage; Carbon management; Bio and low carbon products; Digital transformation
Our portfolio overview
We have invested over $500 million dollars in more than 40 companies with technologies and innovations that will materially impact BP and global energy systems.
Upstream
Downstream
Group
Upstream
Advanced BioCatalytics The product acts synergistically with surfactants to lower interfacial tension and the micelle concentration leading to increased performance and reduced costs

Belmont Technologies

A cloud based geoscience platform using artificial intelligence (AI)
Beyond Limits A leading artificial intelligence (AI) and cognitive computing company
BiSN A versatile plugging solution based on deploying a liquefied metal alloy downhole to plug leaks and control water or gas production

Fotech 

Fibre optic Distribution Acoustic Sensing for monitoring pipelines and downhole operations: fracture monitoring, production logging and leaf detection
Modumetal  Nanolaminated materials to improve the structural, corrosion and high temperature performance of coatings, bulk materials and parts
Saltworks Technologies 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
Downstream
Drover Market maker for car sharing schemes, providing vehicles, insurance and maintenance to ride sharing platforms

FreeWire

Developer and manufacturer of mobile energy storage systems designed to transform energy delivery and displace fossil fuel generation
Fulcrum Creates biogas by gasification of household wastes
Lightning Systems Energy recovery schemes for commercial vehicles using hydraulics
MaaS Global  A provider of digital mobility software, Whim app,  allowing customers to access and connect on a single platform to all available transport options in a city

Parts Tech

An online parts and supply platform for the automotive aftermarket industry
Peloton Technology Truck platooning and autonomous vehicle technology for fuel efficiency in commercial vehicles
PowerShare A leading integrated hardware and software solutions provider for electric vehicle (EV) charging in China
RepairPal Consumer facing portal for auto repair
SGI  Creating genomic-driven commercial solutions to meet demand for resources such as energy, clean water, food & medicine
Tricoya Proprietary technology to create high quality, durable acetylated wood products for use in building, home and construction markets
Victor Digital brokerage and services provider to private aviation market 
Zippity Provides on-site car care at a time the most convenient place for them - their work place
Zubie Connected car predictive maintenance telematics for consumers and small businesses
Group
BrightSource Develops and builds solar thermal power generation plants

C – Capture

Proprietary technology uses new proprietary solvents to remove carbon dioxide
Calysta Proprietary gas fermentation technology produces FeedKind® protein, a sustainable feedstock that can be used for fish, livestock and pet nutritional products
Carbonfree Converts carbon dioxide emissions to solids for long-term storage
Finite Carbon  A subsidiary of Finite Resources offering a single-source solution for creating and monetizing carbon offsets including voluntarily offset carbon emissions services
Grid Edge  A developer of artificial intelligence (AI) technology that enables customers to predict, control and optimise their building’s energy profile

Heliex Power

Screw expander that recovers energy from wet steam or two-phase fluids to generate electricity
Solidia Technologies Developing next generation building materials that consume, not generate, CO2 in the production process
Voltaware Services Limited Developing electricity sensor and comprehensive AI-based electricity data intelligence platform specialising in energy disaggregation, predictive maintenance of equipment and energy-saving advice
Xpansiv Platform for seamless digitization of commodities from existing operational data to create “Digital Feedstock”, digital representations of produced units in real-time