Shell dedicates $1.4B for innovations in line with it net-zero aim

Renewables

The NetherlandsShell has set up a $1.4 billion fund for Shell Ventures to invest in innovative companies over the next six years.

In order to speed the energy transition, the fund will support start-ups and scale-ups from seed through Series A and beyond. The investments will be focused on renewable energy, storage and usage, mobility, transportation and logistics, the circular economy, and nature-based solutions in order to accelerate progress toward Shell’s net-zero aim.

Investing in venture capital shows Shell’s dedication to doing more and supporting entrepreneurs and innovators across industries who have a vision for the future. Especially for the company’s expansion in the Renewables & Energy Solutions sector, this is critical.

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Wim Raaijen
I am a creative publisher, editor in chief, writer, vlogger and moderator with a journalistic and philosophic based view. Trying to re-invent the concept of publishing, based on platforms and partners, instead of separated media and advertisements. I am interested in industrial subjects like transition, sustainability, safety, energy efficiency, innovation and responsibility.