Chevron’s VC arm launches $100M fund

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron's (NYSE:CVX) venture capital arm says it launched a future energy fund with a $100M initial commitment for investments in breakthrough energy technologies.

CVX expects investments from the new fund to focus on disruptive technologies across the energy landscape that reflect the company’s commitment to reduce emission energy sources as well as cut emissions from oil and gas.

CVX says it aims for the investments to “enable the ongoing energy transition to a greater diversity of sources.”

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