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Jerry Lomax is the Vice President at Chevron Technology Ventures, the corporate venture capital arm of Chevron Corporation, based in Houston, Texas. In this role, he directs investments in early to mid-stage startups spanning from pre-seed rounds to Series B, focusing on emerging technologies across the energy, cleantech, artificial intelligence, and material science sectors. Lomax has been associated with significant portfolio transactions, including a $35 million Series D funding round for Natron Energy and a $22.5 million later-stage venture investment in Mission Secure. His extensive background in the energy industry includes managing legal agreements and strategic partnerships related to advanced battery technologies alongside entities like Ovonic Battery Company and Cobasys LLC. He currently focuses on identifying and integrating innovative climate tech and renewable energy solutions to support the broader energy transition objectives of Chevron Corporation.
Jerry Lomax is a key figure at Chevron Technology Ventures (CTV), holding the position of Vice President. In this capacity, he is at the forefront of Chevron's efforts to invest in and develop cutting-edge technologies that promise to shape the future of energy. Chevron Technology Ventures operates as the corporate venture capital arm of Chevron Corporation, tasked with identifying, investing in, and fostering the growth of external technologies and business solutions that have the potential to enhance Chevron's core business and build new energy value chains.
As Vice President, Jerry Lomax's responsibilities are multifaceted. He is deeply involved in the entire investment lifecycle, from sourcing promising startups and conducting rigorous due diligence to negotiating deals and actively managing portfolio companies. His work ensures that CTV's investments are strategically aligned with Chevron's long-term objectives, which include advancing lower carbon solutions, improving operational efficiency, and exploring new frontiers in energy production and delivery. Jerry's expertise helps bridge the gap between innovative external companies and Chevron's internal business units, facilitating collaboration and accelerating the adoption of new technologies.
Jerry's investment focus areas at Chevron Technology Ventures are broad yet strategic, reflecting the evolving landscape of the energy industry. These areas typically include new energy technologies such as hydrogen, carbon capture, utilization, and storage (CCUS), geothermal, and advanced biofuels. He also targets digital transformation solutions, including artificial intelligence, machine learning, industrial IoT, and big data analytics, which can optimize Chevron's operations and enhance safety. Furthermore, his interests extend to advanced materials, water management, and other industrial innovations that can drive efficiency and sustainability across the energy value chain. While specific notable investments are proprietary, Jerry's role involves supporting companies that are making significant strides in these critical sectors, helping them scale and achieve their potential.
Jerry Lomax's career background likely encompasses a strong foundation in the energy sector, technology, finance, or corporate development, providing him with a deep understanding of both the technical and commercial aspects of venture investing. This background equips him to evaluate complex technologies, assess market opportunities, and understand the strategic implications for a global energy company like Chevron. His leadership at CTV underscores Chevron's commitment to innovation and its proactive approach to investing in the technologies that will define the next generation of energy solutions.
Jerry Lomax is the Vice President at Chevron Technology Ventures, the corporate venture capital arm of Chevron Corporation. He focuses on strategic investments in energy innovation and technology startups.
Jerry Lomax invests in a range of strategic areas for Chevron Technology Ventures, including new energy technologies (like hydrogen, carbon capture, geothermal), digital transformation solutions (AI, IoT), advanced materials, and other industrial innovations that enhance efficiency and sustainability in the energy sector.
Jerry Lomax works as the Vice President at Chevron Technology Ventures, which is based within Chevron Corporation.