Chevron Technology Ventures

Chevron Technology Ventures (CTV) supports business, technology and cultural innovation across Chevron. CTV was launched in 1999 to identify and integrate externally developed technologies and new business solutions with the potential to enhance the way Chevron produces and delivers energy that's affordable, reliable and with lower carbon intensity

Portfolio

2 companies

Location

Houston, Texas, United States

Founded

1999

Team size

Top Sectors

Clean Energy & Climate

Investment focus

Chevron Technology Ventures's portfolio on More Capital spans clean energy & climate. The firm is based in Houston, Texas, United States.

If your company is backed by Chevron Technology Ventures

Employees at companies backed by Chevron Technology Ventures may encounter this fund's name on their cap table, in board communications, or in funding announcements. Understanding who invests in your employer can provide useful context when evaluating your equity.

What this means for your stock

Institutional investors like Chevron Technology Ventures typically hold preferred shares with rights that differ from the common stock or options held by employees. In a liquidity event, preferred shareholders may have liquidation preferences, anti-dilution protections, or board-level governance rights that affect the value of common equity. The specific terms depend on each company's funding agreements.

Secondary market considerations

Some venture-backed companies allow employees to sell shares on secondary markets, while others restrict transfers. Whether your company permits secondary sales, and under what conditions, is typically governed by the company's equity plan and any applicable right-of-first-refusal provisions — not by the fund itself. However, the presence of institutional investors can sometimes signal the maturity and governance structure of the company.