Skip to content
Back to Investors
CT

Chevron Technology Ventures

Corporate

Portfolio

4

companies

Investment by month

By category

  • Quantum Computing£289M
  • AI/ML£11.9M
  • Uncategorised£2.0M

By location

  • Oxford£260M
  • London£42.9M

Portfolio companies

ML

Mobilus Labs

Mobilus Labs builds bone conduction voice communication devices for industrial workers.

Oxford Quantum Circuits

Oxford Quantum Circuits

Oxford Quantum Circuits develops advanced quantum computing hardware using patented 3D architecture.

PQShield

PQShield

PQShield builds quantum-resistant cryptographic solutions for the global technology supply chain.

nPlan

nPlan

nPlan provides predictive artificial intelligence software to forecast and mitigate risks in global construction and infrastructure projects.


Team

BB

Barbara Burger

Vice President, Innovation and President of Technology Ventures


Recent investments

Series C
£260M

Bullhound Capital led the Series C financing, which stands as Europe's largest private quantum funding round.

"Globally, it represents a clear shift in the market from long-term promise to near-term delivery in quantum computing. For OQC, this gives us the capital to scale internationally, advance our technology roadmap, and meet increasing demand from customers seeking secure, scalable access to quantum computing infrastructure."
— Gerald Mullally, CEO
Series B
£11.9M

The financing round was led by CapHorn with participation from Chevron Technology Ventures and Suffolk Technologies to support international growth and product development.

"The UK has led the way in AI for construction since our inception in 2017. I'm proud to continue that leadership. We've been quietly building a new standard for capital delivery with customers all over the world. This funding allows us to scale that transformation – proving that a UK company can lead globally in one of the most important applications of AI."
— Dev Amratia, CEO and Co-Founder
Series B
£29.0M

Addition led the Series B round with participation from Chevron Technology Ventures, Legal & General, Braavos Capital, and Oxford Science Enterprises.

"As we approach the culmination of the NIST project, we expect newly-ratified standards to help drive rapid adoption of PQC across the technology supply chain. Led by an industry-leading team with decades of experience, PQShield has quickly established itself as a leading authority in post-quantum cryptography for hardware and software. We are excited to see the business continue to build on its existing commercial success and further enhance its efforts in protecting our digital future."
— Todd Arfman
$2.7M

The London-based wearable technology startup raised the capital from backers including Chevron Technology Ventures and Vinci.

"Clear voice communication is particularly valuable in hazardous areas. Our trial of the Mobilus device helped us assess its potential to enhance worker safety, particularly in high-noise industrial environments,"
— Barbara Burger, Vice President, Innovation and President of Technology Ventures