
Xplor Ventures is a Corporate Venture Capital arm (CVC) of PTTEP, a Southeast Asia's Leading energy company with a global presence.
We invest Beyond Oil & gas
We invest
Beyond Oil & gas
We invest
beyond Oil & gas



Xplor Ventures is a Corporate Venture Capital arm (CVC) of PTTEP, a Southeast Asia's Leading energy company with a global presence.
We invest Beyond Oil & gas
We invest
beyond Oil & gas

About XPV

Xplor Ventures invests in innovative energy transition and decarbonization technologies to drive sustainable growth and align with PTTEP's Net Zero 2050 ambitions.
$100M
Fund Size
50+
Years of Experience
in Energy Sector
15
Operating Countries
Series B+
Preferred Stage
Area of Investment
We invest in
three main areas.
Team
We are a team of diverse backgrounds.
We are a close-knit team with expertises across Energy, Venture Capital, Technology and exited tech startup cofounder.
Milin Jeevapatsa
Head of CVC and Tech. Commercialization
With over 20 years of experience in the energy sector, Milin specializes in technology commercialization, operations, business development, and M&A. His expertise lies in driving innovation and accelerating market adoption of cutting-edge energy.
Narin Apisuitimitree
Principal
With over 25 years of experience in energy and finance, Rin specializes in corporate planning, project management, business development, and M&A. She excels in helping startups scale efficiently and integrate into complex industry ecosystems.
Supawat Suksantiswad
Investment Lead
With extensive experience as a venture capitalist, e-commerce strategist, and management consultant, Stamp excels in identifying opportunities, scaling businesses, and driving strategic growth across diverse industries.
Duangkamon Suttipat (Ph.D.)
Investment Lead
With a Ph.D. in Chemical Engineering and over three years of experience as a Technology Analyst in the energy sector, Tan specializes in identifying and investing in breakthrough innovations.
Carunpol Songkiatsri
Investment Lead
Exited former tech startup co-founder with expertise in venture building, Fluke leverages hands-on entrepreneurial experience to scale innovative solutions. His focus is on advancing transformative technologies and driving decarbonization.
About XPV

Xplor Ventures invests in innovative energy transition and decarbonization technologies to drive sustainable growth and align with EP Net Zero 2050 ambitions.
$100M
$100M
Fund Size
Fund Size
50+
50+
Years of Experience in Energy
Years of Experience in Energy
15
15
Operating Countries
Operating Countries
Series B+
Series B+
Preferred Stages
Preferred Stages
Area of Investment
We invest in three main areas.
03
E&P Deep Technology
To enhance our operations and E&P capabilities, we look for those technology to drive more value to O&G industry.
Geothermal Energy
Breakthrough Drilling Technique

02
Future Energy
To achieve long-term energy security for Thailand, Xplor Ventures look forward to diversifying and staying a head of energy transition game:
Nuclear Fusion
Small Modular Reactor
Next-generation Wind Turbine
Clean Hydrogen

01
Decarbonization
To help us lower the net GHG emission, Xplor Ventures look for these four following technologies:
Point-source carbon capture
Carbon Utilization
Carbon Storage
Direct Air Capture (DAC)

03
E&P Deep Technology
To enhance our operations and E&P capabilities, we look for those technology to drive more value to O&G industry.
Geothermal Energy
Breakthrough Drilling Technique

02
Future Energy
To achieve long-term energy security for Thailand, Xplor Ventures look forward to diversifying and staying a head of energy transition game:
Nuclear Fusion
Small Modular Reactor
Next-generation Wind Turbine
Clean Hydrogen

01
Decarbonization
To help us lower the net GHG emission, Xplor Ventures look for these four following technologies:
Point-source carbon capture
Carbon Utilization
Carbon Storage
Direct Air Capture (DAC)

Portfolio
We invest for strategic returns.
We look for strategic returns.
XPV leverages PTTEP's competencies to support portfolio companies with collaboration, pilot testing, and project development with our operating assets in over 15 countries.
XPV leverages PTTEP's competencies to support portfolio companies with collaboration, pilot testing, and project development with our operating assets in over 15 countries.



Team
We are a team of diverse backgrounds.
We are a close-knit team with expertises across Energy, Venture Capital, Technology and exited tech startup cofounder.
We’re a close-knit team with expertise in M&A across O&G, Power, and Venture Capital, Technology and exited tech startup cofounder.
Milin Jeevapatsa
Head of CVC and Tech. Commercialization
With over 20 years of experience in the energy sector, Milin specializes in technology commercialization, operations, business development, and M&A. His expertise lies in driving innovation and accelerating market adoption of cutting-edge energy.
Narin Apisuitimitree
Principal
With over 25 years of experience in energy and finance, Rin specializes in corporate planning, project management, business development, and M&A. She excels in helping startups scale efficiently and integrate into complex industry ecosystems.
Supawat Suksantiswad
Investment Lead
With extensive experience as a venture capitalist, e-commerce strategist, and management consultant, Stamp excels in identifying opportunities, scaling businesses, and driving strategic growth across diverse industries.
Duangkamon Suttipat (Ph.D.)
Investment Lead
With a Ph.D. in Chemical Engineering and over three years of experience as a Technology Analyst in the energy sector, Tan specializes in identifying and investing in breakthrough innovations.
Carunpol Songkiatsri
Investment Lead
Exited former tech startup co-founder with expertise in venture building, Fluke leverages hands-on entrepreneurial experience to scale innovative solutions. His focus is on advancing transformative technologies and driving decarbonization.
