Road to FX: What Chevron Technology Ventures Is Looking for in 2026 & Beyond with Luis Alcoser

​Chevron Technology Ventures has committed nearly $900 million across three Future Energy Funds since 2018. They evaluate roughly 1,000 pitches a year. 80% of their portfolio companies do field trials or POCs with Chevron. 60% become Chevron suppliers. That is not a financial return story. That is a strategic one. And if you don't understand the difference before you walk into a room with a corporate investor, you will pitch the wrong thing.

Luis Alcoser is the General Manager of Future Energy at Chevron Technology Ventures, where he has personally led more than a dozen multimillion-dollar strategic investments across hydrogen, CCUS, advanced mobility, and industrial decarbonization. He was ranked among the top 18 most influential corporate venture investors globally by Global Corporate Venturing in 2022.
In this session, Luis will open up the actual investment lens at CTV: how they underwrite hard tech companies before revenue exists, where the active thesis is in 2026, and what is shifting as the policy environment evolves.

We'll cover:

• ​What CTV is actually underwriting when they invest, and how that changes what founders need to demonstrate

• ​Where the active investment interest is in 2026 across CCUS, hydrogen, energy decentralization, and lower carbon fuels

• ​How CTV evaluates hard tech companies with long development timelines and no revenue yet

• ​What the Catalyst program is and who should be pursuing it right now

​This is a rare look inside one of the most active and well-resourced corporate venture programs in the energy world.