# Oil & Gas investors (2026 list)

> 235 oil & Gas investors, 86% active in the last 12 months. Led by Y Combinator, Techstars, 500 Global. Ranked by what they funded.

Source: https://millionrounds.com/lists/oil-gas-investors (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Oil & Gas investors

Updated 7 November 2026

Firms observed backing an oil & Gas company in the last two years, taken from what they funded rather than from what their website says they like.

[See all 235 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Foil-gas-investors)The top 25

**235** investors on the list *+5* this week

**5,582** cheques in 12 months *-17%* against the market

**$10M** median round they joined *+25%* against the market median

**86%** wrote a cheque in 12 months

**49%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen
- 3 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen
- 4 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) *Deploying now* Government · United States **1,869** **$926K** median round **Sept 2026** last seen
- 5 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 6 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen
- 7 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 8 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 9 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen
- 10 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen
- 11 [SOSV](https://millionrounds.com/fund/sosv) *Deploying now* VC firm · United States **951** **$2.5M** median round **Nov 2026** last seen
- 12 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 13 [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) *Deploying now* VC firm · United States **773** **$47M** median round **Nov 2026** last seen
- 14 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 15 [Crowdcube](https://millionrounds.com/fund/crowdcube) *Deploying now* VC firm · United Kingdom **715** **$615K** median round **Sept 2026** last seen
- 16 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) *Deploying now* VC firm · Canada **685** **$6M** median round **Sept 2026** last seen
- 17 [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) *Deploying now* VC firm · United States **636** **$7M** median round **Oct 2026** last seen
- 18 [Canaan](https://millionrounds.com/fund/canaan-partners) *Deploying now* VC firm · United States **610** **$20M** median round **Oct 2026** last seen
- 19 [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) *Deploying now* Private equity · United States **551** **$2.9M** median round **Nov 2026** last seen
- 20 [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) *Deploying now* VC firm · Hong Kong SAR China **526** **$25M** median round **Oct 2026** last seen
- 21 [8VC](https://millionrounds.com/fund/8vc) *Deploying now* VC firm · United States **497** **$23M** median round **Oct 2026** last seen
- 22 [B Capital](https://millionrounds.com/fund/b-capital) *Deploying now* VC firm · United States **495** **$14M** median round **Oct 2026** last seen
- 23 [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) *Deploying now* VC firm · Germany **461** **$7M** median round **Oct 2026** last seen
- 24 [DCVC](https://millionrounds.com/fund/data-collective) *Deploying now* VC firm · United States **431** **$29M** median round **Nov 2026** last seen
- 25 [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) *Deploying now* Accelerator · Canada **427** **$3M** median round **Sept 2026** last seen

**210 more on this list**

All 235 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Foil-gas-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Caledonia Mining Corporation](https://millionrounds.com/company/caledonia-mining-corporation)** Debt · $150M *Led by* [Eight Zimbabwean banks](https://millionrounds.com/fund/eight-zimbabwean-banks)
- **6** Nov **[Avenira](https://millionrounds.com/company/avenira)** Other · $49M *With* [Hebang Biotechnology Investment](https://millionrounds.com/fund/hebang-biotechnology-investment)
- **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt)
- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- **5** Nov **[i14](https://millionrounds.com/company/i14)** Seed · $6.3M *With* [Virescent Ventures](https://millionrounds.com/fund/virescent-ventures)

## Stages This Year

4,291 rounds

- Venture **22%**
- Seed **18%**
- Series A **15%**
- Pre-seed **10%**
- Series B **7%**
- Other **29%**

## What They Backed

Sectors, last 12 months

- AI **1,587**
- Biotech **304**
- Energy **242**
- Healthcare **237**
- Fintech **221**
- Big Data & Analytics **215**

## Cheques by Quarter

Led Joined

1,772 Q1 25

1,652 Q2 25

1,934 Q3 25

1,914 Q4 25

1,857 Q1 26

1,522 Q2 26

1,149 Q3 26

316 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors 7,040](https://millionrounds.com/lists/ai-investors)
- [Fintech investors 2,997](https://millionrounds.com/lists/fintech-investors)
- [Big Data & Analytics investors 1,954](https://millionrounds.com/lists/big-data-investors)
- [Biotech investors 1,901](https://millionrounds.com/lists/biotech-investors)
- [Robotics investors 1,714](https://millionrounds.com/lists/robotics-investors)
- [Energy investors 1,707](https://millionrounds.com/lists/energy-investors)
- [Construction investors 1,609](https://millionrounds.com/lists/construction-investors)
- [Manufacturing investors 1,385](https://millionrounds.com/lists/manufacturing-investors)
- [Cybersecurity investors 1,380](https://millionrounds.com/lists/cybersecurity-investors)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about oil & Gas investors

### Who are the most active oil & Gas investors?

By cheques observed, the most active are Y Combinator, Techstars, 500 Global, National Science Foundation and Andreessen Horowitz.

### How many oil & Gas investors are there?

235 are on record. 86% made an investment in the last 12 months and 49% have led a round.

### Which stages do oil & Gas investors back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (21%).

### How big are the rounds oil & Gas investors join?

The typical (median) round among the leading investors here is $6M.

### Which sectors do oil & Gas investors back most?

In the last 12 months, mostly AI, Biotech and Energy.

### Which oil & Gas investors lead the most rounds?

Andreessen Horowitz (114 led), Accel (103 led) and Tiger Global Management (42 led).

### Where are oil & Gas investors based?

Among the most active, most are based in the United States (18), the United Kingdom (2) and Canada (2).

### What have oil & Gas investors invested in recently?

Recent rounds include Caledonia Mining Corporation (Debt, Nov 2026, with Eight Zimbabwean banks), Avenira (Other, Nov 2026, with Hebang Biotechnology Investment) and Ocient (Series C, Nov 2026, with In-Q-Tel).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
