Oil giant BP shutters its corporate venture arm after 20 years
TechCrunch | 17.07.2026 00:37
BP has had an on-again, off-again relationship with climate tech. Now, it’s definitely “off.” On top of pivoting away from clean energy earlier this year, the oil giant announced today that it was selling the majority of its venture portfolio — more than 10 companies, according to BP — to Verdane, a Nordic private equity firm.
