The Venture Capital Podcast with Fexingo · 2026-07-16 · 8 min
In July 2026, BP closed its corporate venture capital arm, a move that surprised many in the startup world. Lucas and Luna unpack the reasons behind the shutdown, what it says about Big Oil's relationship with innovation, and how other corporate VCs are adapting. They discuss the tension between strategic investments and financial returns, and why BP's decision might signal a broader shift in how energy giants approach external innovation. With specific data on BP's portfolio and comparisons to peers like Shell and Chevron, this episode offers a clear-eyed look at the end of an era in corporate venturing. #BP #CorporateVentureCapital #CVC #BigOil #EnergyTransition #VentureCapital #Innovation #StartupInvesting #BPVentures #OilAndGas #CleanTech #StrategicInvesting #FexingoBusiness #BusinessPodcast #Podcast #Business #Technology #VentureCapitalPodcast Keep every episode free: buymeacoffee.com/fexingo
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