The Netherlands – Shell 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.
