Chevron Technology Ventures launches $90-million venture capital fund

摘要

Chevron Technology Ventures (CTV) has launched CTV Fund V, a $90-million venture capital fund to invest in early- to mid-stage companies, and in limited partnership funds. Investments from CTV Fund V will focus on companies developing emerging technologies that have the potential to improve Chevron's oil and gas, base business performance, or create new opportunities for growth. CTV-managed strategic investments prior to Fund V have supported a wide range of companies and venture capital funds.