Marathon Petroleum logo

Marathon Petroleum

North America, Ohio, United States, Findlay

Description

MPC is the nation’s fourth-largest refiner and the largest refiner in the Midwest. MPC’s refining, marketing and transportation.

Investor Profile

Marathon Petroleum has backed more than 4 startups, with 1 new investments in the last 12 months alone. The firm has led 2 rounds, about 50% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Corporate Round, Secondary Market rounds (top funding stages).
  • Majority of deals are located in United States, Australia.
  • Strong thematic focus on Natural Resources, Renewable Energy, Energy Management.

Stage Focus

  • Series B (25%)
  • Corporate Round (25%)
  • Secondary Market (25%)
  • Series A (25%)

Country Focus

  • United States (75%)
  • Australia (25%)

Industry Focus

  • Natural Resources
  • Renewable Energy
  • Energy Management
  • Industrial Manufacturing
  • Building Material
  • Carbon Capture
  • Oil And Gas
  • Manufacturing
  • Semiconductor
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Marathon Petroleum frequently co-invest with?

Cooper and Company
North America, California, United States, Newport Beach
Co-Investments: 1
Equinor Ventures
Europe, Rogaland, Norway, Stavanger
Co-Investments: 1
IP Group Australia
Oceania, Victoria, Australia, Melbourne
Co-Investments: 1
FF
North America, Texas, United States, Houston
Co-Investments: 1
Energy Capital Ventures
North America, Illinois, United States, Chicago
Co-Investments: 1
Breakthrough Victoria
Oceania, Victoria, Australia, Melbourne
Co-Investments: 1
In-Q-Tel
North America, Virginia, United States, Arlington
Co-Investments: 1
Main Sequence Ventures
Oceania, New South Wales, Australia, Sydney
Co-Investments: 1
Chevron Technology Ventures
North America, Texas, United States, Houston
Co-Investments: 2
Hostplus
Oceania, Victoria, Australia, Melbourne
Co-Investments: 1

What are some of recent deals done by Marathon Petroleum?

ElectraLith

Melbourne, Victoria, Australia

ElectraLith develops direct lithium extraction and refining technology designed for efficient and sustainable lithium production.

ManufacturingRenewable EnergySemiconductor
Series AJan 16, 2025
Amount Raised: $17,073,534
Blue Planet

Los Gatos, California, United States

Blue Planet develops technology that uses CO2 as a raw material for making carbonate rocks.

Building MaterialCarbon CaptureNatural ResourcesOil and Gas
Corporate RoundJan 16, 2024
Sapphire Technologies

Cerritos, California, United States

Sapphire Technologies develops, manufactures, and sells energy recovery systems for both natural gas and hydrogen industrial applications.

Energy ManagementIndustrial ManufacturingNatural Resources
Series BAug 16, 2023
Amount Raised: $10,000,000
LF Bioenergy

Dallas, Texas, United States

LF Bioenergy is a operator of a chain of renewable natural gas (RNG) production facilities intended to reduce greenhouse gas emissions.

Renewable Energy
Secondary MarketMar 8, 2023
Amount Raised: $50,000,000