CVC  Shell Ventures

https://www.shell.com/what-we-do/technology-a nd-innovation/innovate-with-shell/shell-vent ures.html





     Office Locations:

Boston, MA

 

Stages:

  • Early
  • Expansion
  • Growth
  • Seed


 

Industries:

  • Energy & Clean Tech
  • Information Technology
  • Transportation & Distribution

  •  

    Description:

    Established in 1996 as one of the first corporate venture funds in the oil and gas industry, Shell Ventures is at the forefront of changes and aims to accelerate the energy and mobility transformation by investing in companies that lower emissions, electrify our energy system, help us gain data-based insights and provide innovative consumer solutions. Shell Ventures works with startups and companies from their early stages to their scale and growth phases. The firm make minority investments that help to develop new technologies and disruptive business models that work to accelerate the energy and mobility transformation. The firm's investment focus is a mix of power, mobility, emission management, resources and digital. Shell's typical initial investment is $2-5M, with a total of $15-22M over the lifecycle of an investment. Shell and Greentown Labs have collaborated closely since 2013. As an integral partner to Greentown, Shell has run three Greentown Go partnerships accelerator programs, served as a founding partner of Greentown’s headquarters and Houston location.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Brian Panoff Partner
    Hector MacQuarrie Venture Principal
    Roman Kiwakyou Venture Principal
    Sabine Brink Venture Principal
    Vikas Gupta Investment Director

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      10/09/2024


      Zap Energy


      WA


      $130,000,000


      Series D


      09/06/2024


      Mantel Capture


      MA


      $30,000,000


      Series A


      05/09/2024


      Li Industries


      NC


      $36,000,000


      Series B


      04/30/2024


      AiDash


      CA


      $58,500,000


      Series C


     

    Portfolio companies include:


      AiDash
        web link


      Avnos


      Li Industries
        web link


      Mantel Capture
        web link


      Sense


      Spiffy


      Zap Energy
        web link


     

    Recent News: