Shell Foundation

Shell Foundation is an independent charity established by the Shell Group in 2000 to create and scale new solutions to global development challenges. We apply business thinking to major social and environmental issues linked to the energy sector – and seek to leverage the skills and networks of Shell where possible to deliver greater development impact. Over the years, learning from both success and failure, we have established a new enterprise-based model to deliver significant and lasting social and environmental outcomes. We now deploy a blend of financial and non-financial resources to accelerate social innovation and harness private markets to deliver public benefit at scale.

16 past transactions

Revfin

Debt Financing in 2022
RevFin is a digital lending fintech company that provides loans for customers. The company's platform offers a revolving credit limit that can be used and repaid whenever it's convenient, as well as a rewards program where users can earn points (called Revs) for making on-time payments, referring friends, or even just logging into the application. This allows users to access loans through their digital platform at any time and from any location. RevFin was established in 2018 by Sameer Aggarwal in Delhi, India. The company has funded over 12,000 EVs and has NPAs of less than 2%.

Nithio

Venture Round in 2022
Nithio Holdings is an energy finance company focused on the off-grid sector in Africa. Nithio is an energy finance platform that provides services to distributed energy service companies, capital providers, governments, and other stakeholders in the distributed solar energy sector in Africa. It was founded in 2018 and headquartered in Washington, District of Columbia.

d.light

Venture Round in 2021
D.light is a solar home lighting and power product developer. The company's solar goods, which include lights, radios, televisions, fans, and other home appliances, are rechargeable solar kits, allowing rural and semi-urban people to access solar-powered lighting and appliances. Their products are designed to improve health, increase productivity, and enhance the quality of life for users.

AgroCenta

Seed Round in 2021
AgroCenta was founded by two ex-esoko employees, Francis Obirikorang and Michael K. Ocansey in 2015 to improve the agricultural value chain in Ghana. Two critical problems within the value chain, which are the lack of an access to market for smallholder farmers in the rural areas, which subjected them to activities of exploitative, buying from middlemen and the lack of a coordinated truck delivery system to cart their commodities from farms to markets to sell. AgroCenta’s idea is to solve these age-old problems by introducing an online sales platform that connected smallholder farmers directly to an online market, which has wider geographic size, to sell their commodities. The end result? Exploitative buying was reduced to the barest minimum since farmers were in control of selling their commodities at prices that were favorable to them. Once a farmer gets offers from interested buyers, the problem of logistics and transportation were sorted using AgroCenta’s patent TrucKR solution that allowed the smallholder farmer in any remote village in Ghana access trucks at the click of a button. You can call it the uber for trucks. AgroCenta is changing the very lives of smallholder farmers by using technology to solve problems they encounter in agriculture.

Easy Matatu

Grant in 2021
Easy Matatu is a tech platform connecting commuters to safe, reliable, and clean transportation. It provides a mobile application where users can book rides and choose pickup points closest to them.

Easy Matatu

Grant in 2019
Easy Matatu is a tech platform connecting commuters to safe, reliable, and clean transportation. It provides a mobile application where users can book rides and choose pickup points closest to them.

Sistema.bio

Series C in 2019
Sistema.bio is a manufacturer of prefabricated modular biodigester systems for farmers to produce fertilizer and biogas. The company provides biogas solutions for thermal energy used in cooking and mechanical energy in farming.

SureChill

Grant in 2019
Sure Chill is a pioneering platform cooling technology that continuously cools for weeks without power. It is innovative and its performance is unrivalled. By harnessing the unique properties of water, it allows continual cooling at a perfect 4ºC, anywhere in the world. The technology is saving lives today, and it can help save their planet. Vaccine Refrigerators powered by Sure Chill technology were first launched into the medical market in 2011, far exceeding the most stringent standards set by the World Health Organization. Today, they’re purchased by the likes of UNICEF, saving lives in 46 countries by protecting vaccines. It has been commended for aiding vaccine delivery in developing countries, and received a $1.5 million ‘Grand Challenges’ award from the Bill and Melinda Gates Foundation to improve the vaccine cold chain.

Rent To Own Africa

Seed Round in 2018
Rent To Own provides affordable financing to high capacity entrepreneurs in rural communities across Zambia. Rent To Own variety of rental arrangements helps business owners build assets and expand their own services. Beyond traditional asset financing, Rent To Own adapts its services and to the individual needs of each client, including guided asset selection process, direct distribution and one-on one training for maintenance and proper equipment usage. The company unique six-step loan process mitigates repayment risk and ensures that the equipment is being used optimally.

d.light

Grant in 2017
D.light is a solar home lighting and power product developer. The company's solar goods, which include lights, radios, televisions, fans, and other home appliances, are rechargeable solar kits, allowing rural and semi-urban people to access solar-powered lighting and appliances. Their products are designed to improve health, increase productivity, and enhance the quality of life for users.

SureChill

Grant in 2017
Sure Chill is a pioneering platform cooling technology that continuously cools for weeks without power. It is innovative and its performance is unrivalled. By harnessing the unique properties of water, it allows continual cooling at a perfect 4ºC, anywhere in the world. The technology is saving lives today, and it can help save their planet. Vaccine Refrigerators powered by Sure Chill technology were first launched into the medical market in 2011, far exceeding the most stringent standards set by the World Health Organization. Today, they’re purchased by the likes of UNICEF, saving lives in 46 countries by protecting vaccines. It has been commended for aiding vaccine delivery in developing countries, and received a $1.5 million ‘Grand Challenges’ award from the Bill and Melinda Gates Foundation to improve the vaccine cold chain.

Inficold

Pre Seed Round in 2016
Inficold provides uninterrupted and affordable cooling for refrigeration. Inficold's fabrication capabilities include a steel structure, stainless steel housing, refrigeration condensing and evaporating unit, copper heat exchanger, electronic circuitry, and an electrical control panel, allowing for the customization and design of solutions for industrial cooling applications. Their goal is to build a global product firm that provides economical, clean, and sustainable energy storage solutions for cold chain applications.

d.light

Grant in 2016
D.light is a solar home lighting and power product developer. The company's solar goods, which include lights, radios, televisions, fans, and other home appliances, are rechargeable solar kits, allowing rural and semi-urban people to access solar-powered lighting and appliances. Their products are designed to improve health, increase productivity, and enhance the quality of life for users.

M-KOPA

Grant in 2014
M-KOPA provides connected asset financing solutions for underbanked customers. Its platform combines digital micropayments and IoT connectivity to offer access to products including solar lighting, televisions, fridges, smartphones, financial services, and more.
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