Nachrichten July 20, 2022

Chevron Technology Ventures’ Investment in TAE Technologies

Shearman & Sterling advised Chevron Technology Ventures in its Series G-2 investment, alongside Google, Reimagined Ventures, Sumitomo Corporation of Americas, and TIFF Investment Management, in nuclear fusion company TAE Technologies. TAE Technologies develops commercial fusion power with the cleanest environmental profile and plans to use the $250 million investment to fund the construction of its next research reactor, Copernicus.

Chevron Technology Ventures was launched in 1999 to identify and integrate externally developed technologies and new business solutions with the potential to enhance the way Chevron produces and delivers affordable, reliable and ever-cleaner energy now and into the future.

The Team