BP Ventures

BP Ventures identifies and invests in high-growth companies across the energy spectrum, with a strategic focus on five key areas: bio and low-carbon products, carbon management, power and storage, advanced mobility and digital transformation. 

BP has invested more than $350 million in corporate venturing since 2006, including more than $230 million in 30 U.S. companies. 

For example, BP has invested $30 million in Fulcrum BioEnergy, a California-based company that produces lowercarbon jet fuel from household waste, and $20 million in Beyond Limits, a Caltech startup that is commercializing artificial intelligence and cognitive computing software originally developed for NASA and the space program.