Predict your next investment

Corporate Venture
bpalternativenergy.com

See what CB Insights has to offer

Investments

13

Portfolio Exits

2

Partners & Customers

1

About BP Alternative Energy Ventures

BP Alternative Energy (AE) Ventures is the strategic corporate venture capital arm of BP Alternative Energy. Its team focuses on three investment activities: investing in innovative cleantech companies and funds; investing in carbon offsets; and incubating proprietary cleantech R&D. The team was set up in 2006 and has since invested around $100m in 20 different cleantech and carbon ventures and funds. The aim is to invest a total of $150-200m by 2013. AE Ventures' investment focus is on early and growth stage companies across the world.

BP Alternative Energy Ventures Headquarter Location

Chertsey Road Sunbury upon Thames

Middlesex, England, TW16 7LN,

United Kingdom

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing BP Alternative Energy Ventures

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find BP Alternative Energy Ventures in 1 Expert Collection, including Synthetic Biology.

S

Synthetic Biology

382 items

Latest BP Alternative Energy Ventures News

Verdezyne Sells One of Its Technologies to DuPont Industrial Biosciences

Dec 18, 2012

Verdezyne Sells One of Its Technologies to DuPont Industrial Biosciences December 18, 2012 By Connie Loizos Verdezyne, an industrial biotechnology company based in Carlsbad, Calif., has sold its proprietary xylose isomerase technology to DuPont Industrial Biosciences for an undisclosed amount. Current investors in Verdezyne include BP Alternative Energy Ventures, DSM Venturing B.V., OVP Venture Partners and Monitor Ventures. PRESS RELEASE: Verdezyne, Inc., a privately-held industrial biotechnology company focused on producing renewable chemicals, announced the sale of its proprietary xylose isomerase technology, enabling the metabolism of 5-carbon sugars, to DuPont Industrial Biosciences, a world leader in science and innovation. Under the terms of the sale, DuPont has purchased rights to Verdezyne’s patented xylose isomerase technology, covered by U.S. Patent Nos. 8,114,974 and 8,093,037, for use in the rapidly-commercializing biofuels and biochemical fields. This technology allows the fast and complete utilization of biomass-sourced C5 sugars in production of various products of choice. This technological breakthrough was highlighted in a recent Journal of Industrial Microbiology & Biotechnology article published August 2012. “Verdezyne’s xylose isomerase technology has been shown to have superior performance compared to alternatives for converting 5-carbon sugar to fuels and chemicals,” said E. William Radany, Ph.D., president and CEO of Verdezyne. “We are pleased that a company of DuPont’s stature recognizes the value of our proprietary technology.” “Biomass bioprocessing is opening up unique market opportunities across a wide range of DuPont businesses and the Verdezyne technology is a natural fit for the company’s cellulosic portfolio,” said John P. Ranieri, vice president, DuPont Industrial Biosciences. “The addition of this leading xylose isomerase technology further strengthens DuPont’s leadership in biomass derived sugar conversion to biofuels and biochemicals.” About Verdezyne Verdezyne is an industrial biotechnology company using proven and proprietary metabolic pathway engineering tools to develop unique yeast strains for cost-effective production of bio-based chemicals. Current investors in Verdezyne include BP Alternative Energy Ventures, DSM Venturing B.V., OVP Venture Partners and Monitor Ventures. For more information, visit www.verdezyne.com . About DuPont Industrial Biosciences DuPont Industrial Biosciences works with customers across a wide range of industries to improve products and make processes more sustainable. Through a unique combination of capabilities in agriculture, biotechnology, chemistry and material science, coupled with the power of 2,000 talented individuals worldwide, this DuPont business focuses on providing biobased solutions to meet the needs of a growing population while protecting our environment. © 2015 Buyouts Insider / Argosy Group LLC

May 10, 2011
BP Backs Verdezyne

BP Alternative Energy Ventures Investments

13 Investments

BP Alternative Energy Ventures has made 13 investments. Their latest investment was in Modumetal as part of their Unattributed VC - V on June 6, 2015.

CBI Logo

BP Alternative Energy Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/8/2015

Unattributed VC - V

Modumetal

$33.5M

Yes

3

1/13/2015

Series F

Chromatin

$12.03M

No

1

1/9/2014

Series E

Chromatin

$36M

Yes

4

11/27/2013

Debt - II

Subscribe to see more

$99M

Subscribe to see more

10

5/6/2013

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/8/2015

1/13/2015

1/9/2014

11/27/2013

5/6/2013

Round

Unattributed VC - V

Series F

Series E

Debt - II

Series A

Company

Modumetal

Chromatin

Chromatin

Subscribe to see more

Subscribe to see more

Amount

$33.5M

$12.03M

$36M

$99M

$99M

New?

Yes

No

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

3

1

4

10

10

BP Alternative Energy Ventures Portfolio Exits

2 Portfolio Exits

BP Alternative Energy Ventures has 2 portfolio exits. Their latest portfolio exit was GMZ Energy on May 19, 2015.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/19/2015

Acquired

$99M

1

4/22/2015

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/19/2015

4/22/2015

Exit

Acquired

Acquired

Companies

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Subscribe to see more

Sources

1

10

BP Alternative Energy Ventures Acquisitions

1 Acquisition

BP Alternative Energy Ventures acquired 1 company. Their latest acquisition was Orion Energy on February 03, 2007.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/3/2007

$99M

Acquired

Date

2/3/2007

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

BP Alternative Energy Ventures Partners & Customers

1 Partners and customers

BP Alternative Energy Ventures has 1 strategic partners and customers. BP Alternative Energy Ventures recently partnered with Sempra Energy on May 5, 2012.

Date

Type

Business Partner

Country

News Snippet

Sources

5/16/2012

Partner

United States

BP and Sempra US Gas & Power announce plans to jointly develop Hawaii wind farm

This stored electricity will help to regulate the intermittent wind power , providing a valuable source of grid stability for Maui Electric Company.In January 2012 , BP Alternative Energy and Sempra US Gas & Power announced an expansion of their strategic relationship by jointly investing more than $ 1 billion to build 560 MW of wind power .

1

Date

5/16/2012

Type

Partner

Business Partner

Country

United States

News Snippet

BP and Sempra US Gas & Power announce plans to jointly develop Hawaii wind farm

This stored electricity will help to regulate the intermittent wind power , providing a valuable source of grid stability for Maui Electric Company.In January 2012 , BP Alternative Energy and Sempra US Gas & Power announced an expansion of their strategic relationship by jointly investing more than $ 1 billion to build 560 MW of wind power .

Sources

1

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.