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Chevron
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International oil & gas-focused energy company also active in development of clean technologies

Founded in 1879
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Company type Public Public ()
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Industry Group energy & power

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TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Houston, TX Houston, United States
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Updated by Cleantech Group on 03/15/2023

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Date Partner Type
01/09/2023
Raven SR Raven SR
Raven SR, Chevron New Energies and Hyzon Motors are collaborating on a green waste-to-hydrogen production facility in Richmond intended to supply hydrogen fuel to transportation markets in Northern California. The facility will be operated by Raven SR and owned by a newly formed company, Raven SR S1.
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Confirmed by Raven SR
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IPO INFORMATION

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Date Investors Type Amount
09/03/2020 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Chevron Natural Gas Carbon Capture Technology Testing Project. Chevron plans to design, construct, commission, and test an engineering-scale carbon capture plant using Svante’s VeloxoThermTM transformational post-combustion carbon capture technology.
Grant $13,000,000
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