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BP Startup Programs & Corporate Open Innovation Analysis Energy & Environment · Energy

BP is an energy company providing oil, gas, and renewable energy solutions, alongside refining, trading, and shipping services worldwide. BP operates across multiple segments in the energy sector. Its upstream activities encompass global exploration and production of oil and natural gas resources. Downstream operations involve refining crude oil into various petroleum products and then marketing to customers worldwide. Additionally, BP trades energy commodities and offers shipping services to facilitate the distribution of its products. In line with its commitment to sustainability, BP has significantly expanded its investments in renewable energy sources like wind, solar, and biofuels through its Alternative Energy division. These efforts reflect BP's strategic focus on adapting to evolving energy demands while aiming for a sustainable future.
bp.com London, United Kingdom Founded Available with StartupBlink Pro

In StartupBlink's Corporate Startup Activity Index, BP ranks #66 globally and #3 in the United Kingdom. It ranks #3 in the Energy & Environment industry and #3 in the Energy subindustry.

Global
Corporate Startup Activity Index
#66
Industry
Energy & Environment
#3
Subindustry
Energy
#3
National · United Kingdom
Corporate Startup Activity Index
#3
More Ranked Corporates
Key metrics

BP Startup Activity Metrics

BP has supported 84 startups through programs and investments, with those companies raising a combined $5 billion over the last ten years. The company currently operates 3 active startup programs.

Overview

Explore BP's investments, startup programs, and corporate open innovation activity

BP has deployed more than $500 million in startup investments through BP Ventures and partnership programs, strengthening its position as one of the leading innovation-driven corporations globally.

The company currently runs 3 active startup programs supporting 84 startups worldwide across industries such as Ecommerce & Retail, Edtech, Energy & Environment, and Fintech. Its venture arm BP Ventures has invested in over 79 startups since it was founded in 2012.

The corporate-innovation activity is concentrated in Energy & Environment, Software & Data, and Hardware & IoT, categories where BP's scale provides outsized leverage to early-stage startups.

Activity breakdown

Where BP-associated startups operate

Sector, HQ-city and program-location breakdowns for the startups associated with BP. Unlock the full breakdown with StartupBlink Pro.

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Programs & CVC

BP Startup Programs and Corporate Venture Capital initiatives

BP engages startups through 3 active programs, supporting 84 startups in total based on our database.

B—
BP — Corporate Self
Corporate Venture / Investment
Investment Program
B—
BP — Corporate Self
Corporate Venture / Investment
Investment Program
7 startups
BL
bp Launchpad
Corporate Venture / Investment
Investment Program
BP Ventures
BP Ventures
Corporate Venture / Investment · est. 2012
Investment Program
BP Ventures is a venture capital firm that identifies and invests in private and high-growth technology companies. BP Ventures was set up more than ten years ago to identify and invest in pri
79 startupsVisit bp.com →
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List of Startups

Top startups associated with BP

BP's top 5 associated startups have raised 42% of the $5 billion raised in the last ten years across all 84 associated startups, led by Electric Hydrogen at $648 million. BP is associated with 84 active startups. BP Ventures supports the largest number of startups, with 79 associated startups.

Disclaimer: This is based on general open web search and prone to mistakes.

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Startups associated with BP
StartupSB ScoreIndustryHQ cityLink Type to CorporationLinked via
PartsTechPartsTechSB 533Ecommerce & RetailCambridgeProgram InvestmentBP Ventures
Lightsource Renewable EnergyLightsource Renewable EnergySB 528Energy & EnvironmentLondonDirect InvestmentBP — Corporate Self
XpansivXpansivSB 505FintechSan FranciscoProgram InvestmentBP Ventures
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Corporate Startup Activity Index · 2025

Global Corporate Open Innovation Rankings

Explore the top 372 corporations in StartupBlink's Corporate Startup Activity Index. BP ranks #66 globally and #3 in the United Kingdom. It accounts for 9.7% of the measured corporate startup activity in the Energy & Environment industry and 10.4% of the activity generated by corporations in the United Kingdom. Unlock more granular data on each corporation with StartupBlink Pro.

Download the 2025 Report