PETRONAS Ventures
Investment thesis
Piva Capital (SF) and Twin Towers Ventures (KL/Singapore) invest across NA, Europe, APAC, Middle East, pairing investments with an in‑house accelerator that pilots and scales startups within PETRONAS business units.
What they invest in
from 14 of 34 portfolio companiesCleantech ×5Energy ×5Hardware ×5Advanced Manufacturing ×4Climate Tech ×4Deep Tech ×4AI & Machine Learning ×3Enterprise Software ×3
HQs:United States×5Germany×1Singapore×1
Investments · 34 tracked
founders shown can be your intro pathEnergyN/A
Conor Madigan(Director, Executive Officer)Michelle Robson(Director)Philippe Inagaki(Director)
Alloy Enterprises designs and manufactures thermal management and cooling solutions for high-density servers and critical IT equipment.
Advanced ManufacturingData & InfrastructureDefense TechEnterprise SoftwareHardware
INERATEC produces synthetic fuels and chemicals from CO₂ and renewable hydrogen using microstructure technology, offering e-SAF, e-diesel, and other drop-in ready fuels and chemical products for energy and manufacturing industries.
CleantechClimate TechEnergyNot stated on page, DE
Koloma explores and produces natural hydrogen to support global decarbonization efforts.
CleantechClimate TechDeep TechEnergyDenver, US
Peter Johnson(Executive Officer, Director)Jeff Knupp(Executive Officer)
BoardChristian Garcia(Director)Shayle Kann(Director)Lisa Stewart(Director)James Farnsworth(Director)
Menlo Micro develops the Ideal Switch, a solid-state electronic switching technology that replaces traditional relays and electromechanical switches with superior energy efficiency, reliability, and performance.
CleantechSemiconductors
Pyka develops all-electric cargo aircraft for military logistics applications.
Advanced ManufacturingAgTechClimate TechDefense TechHardwareLogistics & Supply ChainRoboticsSpace TechSan Francisco, US
Michael Norcia(Founder/CEO)inNathan White(Founder/CEO)inKyle Moore(Founder)inChuma Ogunwole(Founder/COO)in
APX operates the TIGR Registry, a global platform for tracking, trading, and retiring Renewable Energy Certificates (RECs) from renewable energy projects across over 40 countries.
B2B MarketplacesCleantechClimate TechEnergySingapore, SG
Ouster develops high-resolution lidar sensors for long, mid, and short-range applications, enabling automation and autonomous systems across infrastructure and industrial sectors.
AI & Machine LearningHardwareIoTRobotics
Velo3D manufactures metal additive manufacturing systems using laser powder bed fusion technology for industrial production.
Advanced ManufacturingDeep TechHardwareSanta Clara, US
Strohband Sven(Director)Benyamin Buller(Executive Officer, Director, Promoter)Erel Milshtein(Executive Officer)Ofer Shochet(Director)
Worlds develops AI technology for processing and analyzing visual data in spatial and temporal context to enable enterprise applications in the physical world.
Advanced ManufacturingAI & Machine LearningDeep TechEnterprise Software
Dave Copps(CEO)Chris Rhode(President)
Frequently asked questions
- What sectors does PETRONAS Ventures focus on?
- PETRONAS Ventures focuses on Climate Tech, Deep Tech, Energy, Future of Work, Hardware, New Materials.
- Does PETRONAS Ventures lead rounds?
- PETRONAS Ventures typically participates in rounds rather than leading them.
Images
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