Shell Ventures

Shell Ventures is the strategic investment arm of Shell, focusing on identifying and adopting innovative technologies to enhance commercial advantage. It invests in promising tech companies, joint ventures, and venture capital funds across sectors such as power, mobility, emission management, digital, and resources.

Bilal Ahmad

Venture Principal

Quennie Co

Managing Director and Managing Partner

Robert Linck

CFO and Chief Investment Director

Hector MacQuarrie

Venture Principal

Brian Panoff

Investment Director

Past deals in GreenTech

Origen

Series A in 2025
Origen Carbon Solutions specializes in scalable limestone-based technology for direct air capture, aimed at permanently reducing atmospheric CO2 levels. The company focuses on carbon removal and industrial applications, utilizing the properties of limestone to sequester carbon dioxide effectively. By breaking down limestone into lime and high-purity CO2, Origen provides an economically viable solution for industries seeking to mitigate their carbon footprint. Through collaboration with various stakeholders, the company works towards restoring the atmosphere and addressing the impacts of climate change.

EarthOptics

Venture Round in 2024
EarthOptics develops a global soil cloud platform for sustainable agricultural management. It uses advanced sensors and machine learning to create accurate soil maps with fewer samples, enabling farmers to make informed decisions about soil compaction, fertility, and carbon levels.

Hydrogen Mem-Tech

Venture Round in 2024
Hydrogen Mem-Tech develops palladium membrane technology for hydrogen separation and carbon capture. The system enables clean hydrogen production with low maintenance and a smaller environmental footprint, suitable for refineries, bio-refineries, chemical plants, steel production, power generation, gas networks and agriculture, helping customers pursue zero-emission energy options and a competitive advantage.

Sunswap

Venture Round in 2024
Founded in London in 2020, Sunswap develops and manufactures solar-powered transport refrigeration units. Their patent-pending technology integrates solar panels, batteries, and electric refrigeration to provide a zero-emission alternative for transporting temperature-sensitive goods like food, medicine, and vaccines.

FreshBus

Series A in 2024
FreshBus is an electric bus startup focused on launching premium intercity electric bus services across India. The company operates a technology-based transport platform aimed at providing sustainable road transportation solutions. FreshBus seeks to enhance the travel experience by ensuring safety, timeliness, and comfort for its customers while maintaining affordability. Through its innovative approach, FreshBus aims to transform the way people travel between cities, promoting eco-friendly transportation options in the region.

MIRICO

Venture Round in 2024
MIRICO Ltd. is a laser spectroscopy instrumentation company based in Oxford, founded in 2015 as a spin‑out from the STFC Rutherford Appleton Laboratory. It develops high‑performance gas‑sensing products that use laser dispersion, tunable laser absorption, and isotope‑ratio techniques to provide real‑time, in‑situ monitoring of trace gases and isotopologues. The instruments are applied in space exploration, planetary landers, environmental monitoring, atmospheric emissions, geochemistry, medical diagnostics, and oil‑and‑gas exploration and production. The company’s cloud‑connected platform delivers autonomous, continuous measurements in all weather conditions, enabling detection, localisation, and quantification of emissions to support net‑zero targets and operational optimisation.

Li Industries

Series B in 2024
Li Industries is a start-up focused on advancing lithium-ion battery recycling technologies. The company specializes in the recovery of valuable materials such as lithium, cobalt, and nickel from end-of-life batteries used in electric vehicles, consumer electronics, and other energy storage systems. By utilizing innovative direct recycling technology and a scalable electrochemical flow system, Li Industries aims to extract these essential metals efficiently and sustainably. This process not only reduces environmental waste but also supports the production of new batteries from recycled components. By optimizing the recovery and treatment of these materials, Li Industries contributes to lowering energy consumption and emissions in the battery production process, ultimately fostering a more sustainable supply chain for battery manufacturing.

Princeton NuEnergy

Series A in 2023
Princeton NuEnergy is a startup specializing in recycling lithium-ion batteries from electric vehicles and consumer electronics. Utilizing its patented Direct Battery Recycling technology, the company recovers high-quality cathode active materials from spent batteries at low operating costs. This process enables Princeton NuEnergy to offer sustainable solutions for energy storage systems and contribute to waste reduction in the electronics industry.

Husk Power Systems

Series D in 2023
Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

XCharge

Series C in 2023
Founded in 2015, XCharge is a global leader in High Power Charging solutions for electric vehicles. The company specializes in design, R&D, manufacturing, sales, and maintenance of EV charging infrastructure. With a focus on 'Hardware + Software' systems, XCharge aims to enhance the EV charging experience while maximizing revenue and minimizing maintenance costs for clients worldwide.

Kraftblock

Series B in 2023
Kraftblock develops thermal energy storage solutions using advanced materials to support the transition to low-emission industrial heating. The company designs systems that decarbonize heat processes in industrial sectors by storing and supplying thermal energy at high temperatures, enabling applications not possible with conventional storage. Its platform enables large-scale, long-duration energy storage for industries, facilitating sustainable thermal processes and supporting renewables by providing affordable, controllable heat throughout the day. Kraftblock emphasizes efficiency and sustainability, aiming to reduce emissions and advance practical energy transition in industrial settings.

Verdagy

Series B in 2023
Verdagy specializes in innovative water electrolysis technology for large-scale green hydrogen production. Based in Moss Landing, California, the company operates laboratory and pilot plant facilities to advance its technology platform, aiming to achieve low upfront capital costs and competitive unit economics.

DexMat

Seed Round in 2023
DexMat is a manufacturer specializing in advanced carbon nanomaterials, particularly Galvorn, a conductive carbon nanomaterial that is significantly stronger and lighter than traditional materials. Galvorn is ten times stronger than steel, half the weight of aluminum, and boasts a flex life that surpasses copper by a factor of one hundred. The company offers its products in various forms, including fibers, yarns, films, and fabrics, targeting diverse industries such as aerospace, automotive, e-textiles, and sporting goods. By replacing conventional, greenhouse gas-intensive materials, DexMat aims to foster a shift toward more sustainable manufacturing practices. Their carbon-negative production processes in the United States present a significant opportunity for carbon reduction on a global scale, positioning their innovative materials as potential game-changers for modern industrial applications.

Get Spiffy

Series C in 2023
Get Spiffy, Inc. is a mobile service company based in Durham, North Carolina, that specializes in on-demand car washing, detailing, nano-ceramic coating, and oil change services. Founded in 2014, the company utilizes a smartphone application that facilitates both communication and payment for its services. Get Spiffy emphasizes environmental responsibility, ensuring that all car washes are eco-friendly. Through its innovative approach, the company aims to provide convenient and efficient automotive care to customers in the Triangle area and beyond.

Chooose

Series A in 2023
Chooose AS, based in Oslo, Norway, specializes in providing climate compensation solutions for consumer-facing enterprises. The company offers a platform that integrates seamlessly into e-commerce checkouts and consumer applications, enabling businesses to offer high-impact climate action options to their customers. Chooose operates a marketplace for carbon credits and provides tools for emission calculations and carbon removal transactions. Established in 1997, the company has gained recognition for its innovative approach, being named Norway's startup of the year in 2017 and recognized as a top global tech startup by Sir Richard Branson and the Extreme Tech Challenge. In addition to its core services, Chooose also sells gift cards online.

RepAir

Series A in 2022
RepAir specializes in large-scale carbon removal technology. Its fully electric, zero-heat process efficiently separates CO2 from air using minimal energy, producing no hazardous waste or liquids.

Mainspring

Series E in 2022
Mainspring Energy, Inc. is a technology company based in Menlo Park, California, that specializes in developing linear generator technology for low carbon, dispatchable energy solutions. Founded in 2010 by three Stanford engineers, the company focuses on creating advanced prototypes that convert fuel into electricity through a unique, low-temperature reaction of air and fuel. This innovative approach allows Mainspring to offer generators that provide affordable, reliable electricity while significantly reducing carbon emissions compared to traditional electric grids. The company's mission is to address climate change and enhance energy accessibility, contributing to the development of net-zero carbon energy systems for the future.

Li Industries

Series A in 2022
Li Industries is a start-up focused on advancing lithium-ion battery recycling technologies. The company specializes in the recovery of valuable materials such as lithium, cobalt, and nickel from end-of-life batteries used in electric vehicles, consumer electronics, and other energy storage systems. By utilizing innovative direct recycling technology and a scalable electrochemical flow system, Li Industries aims to extract these essential metals efficiently and sustainably. This process not only reduces environmental waste but also supports the production of new batteries from recycled components. By optimizing the recovery and treatment of these materials, Li Industries contributes to lowering energy consumption and emissions in the battery production process, ultimately fostering a more sustainable supply chain for battery manufacturing.

Aurora Hydrogen

Series A in 2022
Aurora Hydrogen develops clean, scalable hydrogen production technology that utilizes microwave energy to decarbonize transportation and industrial processes. The technology is designed to be adaptable for installations ranging from small fueling stations to large industrial facilities, aims to produce hydrogen with no carbon dioxide emissions and minimal water consumption, and seeks to reduce global carbon emissions through widespread deployment.

MIRICO

Funding Round in 2022
MIRICO Ltd. is a laser spectroscopy instrumentation company based in Oxford, founded in 2015 as a spin‑out from the STFC Rutherford Appleton Laboratory. It develops high‑performance gas‑sensing products that use laser dispersion, tunable laser absorption, and isotope‑ratio techniques to provide real‑time, in‑situ monitoring of trace gases and isotopologues. The instruments are applied in space exploration, planetary landers, environmental monitoring, atmospheric emissions, geochemistry, medical diagnostics, and oil‑and‑gas exploration and production. The company’s cloud‑connected platform delivers autonomous, continuous measurements in all weather conditions, enabling detection, localisation, and quantification of emissions to support net‑zero targets and operational optimisation.

Chooose

Venture Round in 2022
Chooose AS, based in Oslo, Norway, specializes in providing climate compensation solutions for consumer-facing enterprises. The company offers a platform that integrates seamlessly into e-commerce checkouts and consumer applications, enabling businesses to offer high-impact climate action options to their customers. Chooose operates a marketplace for carbon credits and provides tools for emission calculations and carbon removal transactions. Established in 1997, the company has gained recognition for its innovative approach, being named Norway's startup of the year in 2017 and recognized as a top global tech startup by Sir Richard Branson and the Extreme Tech Challenge. In addition to its core services, Chooose also sells gift cards online.

Princeton NuEnergy

Seed Round in 2022
Princeton NuEnergy is a startup specializing in recycling lithium-ion batteries from electric vehicles and consumer electronics. Utilizing its patented Direct Battery Recycling technology, the company recovers high-quality cathode active materials from spent batteries at low operating costs. This process enables Princeton NuEnergy to offer sustainable solutions for energy storage systems and contribute to waste reduction in the electronics industry.

Hydrogen Mem-Tech

Venture Round in 2022
Hydrogen Mem-Tech develops palladium membrane technology for hydrogen separation and carbon capture. The system enables clean hydrogen production with low maintenance and a smaller environmental footprint, suitable for refineries, bio-refineries, chemical plants, steel production, power generation, gas networks and agriculture, helping customers pursue zero-emission energy options and a competitive advantage.

Rapido

Series D in 2022
Rapido is an Indian mobility platform that facilitates bike taxi bookings via its mobile app. Launched in 2015, the company aims to reduce traffic congestion and carbon emissions by connecting individuals traveling in similar directions. It offers economical intra-city travel options, including two-, three-, and four-wheeler rides.

ExactSpace

Seed Round in 2022
ExactSpace is an Industrial AI business dedicated to assisting industries in answering these difficult questions and building a greener future. Access to data is only the first step; ExactSpace completes the cycle by providing contextual and meaningful data insights. ExactSpace combines modern analytic methodologies such as Machine Learning and Artificial Intelligence with deep domain experience to offer extremely vertically specific solutions that have the greatest impact on our customers.

Revel

Series B in 2022
Revel is a company dedicated to accelerating electric vehicle (EV) adoption in urban areas through its all-electric rideshare service and network of fast-charging stations. The company operates a fleet of easily recognizable blue electric vehicles, providing a cleaner, safer, and more affordable rideshare experience. Revel places a strong emphasis on safety and cleanliness, utilizing vetted drivers and regularly detailed cars to ensure high service standards. Additionally, Revel offers electric mopeds that can be booked through a mobile application, allowing users to locate the nearest moped and start their ride conveniently. This combination of rideshare services and charging infrastructure positions Revel as a key player in promoting sustainable transportation solutions.

Offgrid Energy Labs

Seed Round in 2022
Offgrid Energy Labs is a developer of battery storage technology that uses eco‑friendly materials to create efficient, safe batteries for a sustainable future. The company offers low‑maintenance renewable battery storage with a lower life‑cycle cost for microgrids, provides range alternatives for electric vehicles, and improves grid‑balancing capability, surpassing lead‑acid batteries in power density, lifespan, and cost.

Verdagy

Series A in 2022
Verdagy specializes in innovative water electrolysis technology for large-scale green hydrogen production. Based in Moss Landing, California, the company operates laboratory and pilot plant facilities to advance its technology platform, aiming to achieve low upfront capital costs and competitive unit economics.

Daphne Technology

Series B in 2021
Daphne Technology SA is a climate technology company based in Ecublens, Switzerland, founded in 2017. The company specializes in catalyst-free, nano-technology solutions designed to help the petrochemical, power, and transportation industries significantly reduce air emissions in accordance with international and national regulations. Its patented technology effectively breaks down toxic pollutants, converting them into non-hazardous elements or valuable by-products. This miniaturized solution is particularly well-suited for marine vessels and offers a cost-effective alternative to existing technologies by lowering both capital and operational costs without necessitating a switch in fuel sources. As a result, Daphne Technology addresses environmental challenges by enabling a cleaner and more sustainable approach to emissions management across various sectors.

Get Spiffy

Venture Round in 2021
Get Spiffy, Inc. is a mobile service company based in Durham, North Carolina, that specializes in on-demand car washing, detailing, nano-ceramic coating, and oil change services. Founded in 2014, the company utilizes a smartphone application that facilitates both communication and payment for its services. Get Spiffy emphasizes environmental responsibility, ensuring that all car washes are eco-friendly. Through its innovative approach, the company aims to provide convenient and efficient automotive care to customers in the Triangle area and beyond.

Ample

Series C in 2021
Ample, Inc. is a San Francisco-based company that specializes in electric battery stations and battery swap solutions for electric vehicles. Founded in 2014, Ample operates within the smart energy sector, focusing on enhancing the efficiency of energy delivery for electric transportation. The company employs autonomous robotics and innovative smart battery technology to facilitate its services. Ample's battery system is designed with smaller, interchangeable battery modules that can be adapted to fit a diverse range of vehicles, addressing the challenges associated with electric vehicle charging and promoting greater accessibility to electric transportation solutions.

Rapido

Series C in 2021
Rapido is an Indian mobility platform that facilitates bike taxi bookings via its mobile app. Launched in 2015, the company aims to reduce traffic congestion and carbon emissions by connecting individuals traveling in similar directions. It offers economical intra-city travel options, including two-, three-, and four-wheeler rides.

Chooose

Seed Round in 2021
Chooose AS, based in Oslo, Norway, specializes in providing climate compensation solutions for consumer-facing enterprises. The company offers a platform that integrates seamlessly into e-commerce checkouts and consumer applications, enabling businesses to offer high-impact climate action options to their customers. Chooose operates a marketplace for carbon credits and provides tools for emission calculations and carbon removal transactions. Established in 1997, the company has gained recognition for its innovative approach, being named Norway's startup of the year in 2017 and recognized as a top global tech startup by Sir Richard Branson and the Extreme Tech Challenge. In addition to its core services, Chooose also sells gift cards online.

XCharge

Series B in 2021
Founded in 2015, XCharge is a global leader in High Power Charging solutions for electric vehicles. The company specializes in design, R&D, manufacturing, sales, and maintenance of EV charging infrastructure. With a focus on 'Hardware + Software' systems, XCharge aims to enhance the EV charging experience while maximizing revenue and minimizing maintenance costs for clients worldwide.

Envoy Technologies

Series A in 2020
Envoy Technologies Inc. is a company that specializes in electric vehicle-sharing services, providing various types of vehicles including luxury cars, city cars, and two-wheelers to multifamily residences, workplaces, and hotels. Established in 2016 and headquartered in Culver City, California, the company aims to enhance the lifestyle of residents and guests by offering Mobility as an Amenity™. Envoy equips real estate owners and operators with a comprehensive platform that includes vehicle reservation technology, driver insurance, fleet maintenance, and electric vehicle charging solutions. In addition to providing on-demand vehicles, Envoy also offers customer support, fleet insurance, on-site car washing, charging station installation, and staff training. The company's services are available in locations such as apartments, student housing, office campuses, co-working spaces, hotels, and municipalities, primarily in California and New York.

Palmetto Clean Technology

Series B in 2020
Palmetto is a clean technology company that specializes in building and operating solar energy projects for residential, commercial, and utility customers. Founded in 2009 and headquartered in Charleston, South Carolina, Palmetto designs and installs solar systems while providing a range of services, including customer support, financing, engineering, permitting, and installation. The company offers innovative software solutions such as Palmetto Home, which enables homeowners to monitor real-time energy consumption and solar production, and Palmetto Fleet, which provides energy monitoring insights for home management professionals. Additionally, Palmetto's Alchemy platform enhances the sales experience for solar professionals by streamlining the sales, design, and proposal processes. With additional offices in locations such as San Francisco, Sea Girt, Charlotte, Washington, and Greenville, Palmetto is committed to advancing clean energy technology and improving energy efficiency.

Via

Series E in 2020
Via Transportation Inc. is a company that develops innovative public mobility solutions, focusing on on-demand and pre-scheduled transit. Founded in 2012 and headquartered in New York, Via serves a diverse range of clients, including public transit agencies, cities, universities, corporations, and school districts. The company's mobile app connects passengers traveling in the same direction, allowing them to share premium vehicles and enhancing the efficiency of public transit systems. Via aims to transform traditional, rigid transit systems into dynamic networks by integrating its technology with existing public transportation infrastructure. This approach not only reduces operational costs and traffic congestion but also minimizes single-occupancy trips and carbon emissions, providing more accessible and environmentally friendly transit options. Via operates both in the United States and Europe through partnerships, including a joint venture with Mercedes-Benz Vans.

Get Spiffy

Venture Round in 2020
Get Spiffy, Inc. is a mobile service company based in Durham, North Carolina, that specializes in on-demand car washing, detailing, nano-ceramic coating, and oil change services. Founded in 2014, the company utilizes a smartphone application that facilitates both communication and payment for its services. Get Spiffy emphasizes environmental responsibility, ensuring that all car washes are eco-friendly. Through its innovative approach, the company aims to provide convenient and efficient automotive care to customers in the Triangle area and beyond.

APChemi

Pre Seed Round in 2020
APChemi develops large-scale plastic waste management projects and provides sustainable pyrolysis technologies to recycle plastic and other feedstocks. The company focuses on plastic pyrolysis, biomass pyrolysis, and pyrolysis oil cleanup, delivering proven, patented plants designed to convert waste into value and support the circular economy while reducing landfilling.

Jal Technologies Pvt.

Pre Seed Round in 2020
Jal Technologies Pvt. Ltd. is a company specializing in IOT (Internet of Things) and embedded systems. We create, design, develop and implement embedded systems for our clients. With the growing concerns for global warming and pollution, we have developed “Prkruti”, a device which helps to track, monitor and measure pollution and climate change levels at various locations which will help us to understand how seriously the issue of pollution is affecting people’s lives. The “Prkruti” device can be used for agriculture, air quality monitoring, data science, and smart city solutions. It can be installed anywhere and is independent as it can work with solar power, being eco-friendly in the process. The "Prkruti Lite" is the first compact, portable device that measures a full range of harmful gases in the air. To measure you just have to install "Prkruti Lite" App in your android devices, then plug the device into your Android mobile phone and instantly get real-time updates on the air around you. Our team of dedicated experts is passionate about saving the environment, and through “Prkruti” we intend to help the Government, industries and NGO’s to help achieve the goal of lower emissions and a brighter future for generations to come.

Eee-Taxi

Pre Seed Round in 2020
Eee-Taxi is a company focused on sustainable green mobility by offering an electric taxi service that utilizes a fleet of 100% electric vehicles. This initiative aims to provide a clean, efficient, and affordable transportation option for riders while contributing to reduced emissions and improved air quality. Eee-Taxi enhances the customer experience through features such as real-time tracking, online booking, and multiple payment options, ensuring convenience for users. By creating an ecosystem for electric vehicles, the company is committed to promoting environmentally friendly transportation solutions.

The Sustainability Cloud

Pre Seed Round in 2020
The Sustainability Cloud offers a software platform focused on enhancing transparency and compliance in environmental, social, and governance (ESG) reporting. It streamlines data collection, analysis, and reporting processes to aid companies in adopting sustainable practices and improving their environmental footprint. The platform also provides educational resources for users to become certified in sustainability.

Go GreenBOV ( Battery Operated Vehicles )

Pre Seed Round in 2020
Go GreenEoT is building India's intelligent electric vehicles which are made for every purse and every purpose.

Offgrid Energy Labs

Pre Seed Round in 2020
Offgrid Energy Labs is a developer of battery storage technology that uses eco‑friendly materials to create efficient, safe batteries for a sustainable future. The company offers low‑maintenance renewable battery storage with a lower life‑cycle cost for microgrids, provides range alternatives for electric vehicles, and improves grid‑balancing capability, surpassing lead‑acid batteries in power density, lifespan, and cost.

Commutec

Pre Seed Round in 2020
Commutec is a company focused on enhancing employee transportation through technology, providing safe and reliable shared transport solutions. It offers a corporate mobility platform that manages employee transport operations, aiming to reduce financial and security risks while lowering transport costs. The company's flagship product, Commutec PRo, is an end-to-end managed employee transportation solution that automates the entire transport management process. This innovative platform features vehicle capacity optimization, GPS-based tracking, real-time updates via SMS, and advanced route planning using patented algorithms. Additionally, it provides analytics and management information system reporting, allowing employers to maintain complete control and visibility over their transport operations in real-time, while also working to minimize the carbon footprint associated with employee commuting.

Nordsol

Private Equity Round in 2019
Nordsol is a Dutch company based in Bunnik, established in 2009, that focuses on developing and producing biofuels from organic waste. The company specializes in BioLNG, or liquefied biomethane, which is a CO2 neutral biofuel created through the innovative iLNG technology that processes biogas. Nordsol collaborates with BioLNG clients to mitigate trading risks by securing fixed offtake volumes, which supports the establishment and operation of its BioLNG facilities. The company's unique approach combines patented technologies with a solid business framework, enabling partnerships with biogas production entities to effectively harness organic waste for sustainable energy solutions.

SET Ventures

Funding Round in 2019
SET Ventures is an Amsterdam-based venture capital firm founded in 2007 that invests in European energy and renewable sector companies across early to growth stages. It backs digital technology-enabled solutions aimed at carbon-free energy systems, including energy generation, distribution and storage, energy efficiency, and smart energy applications in buildings, industry, mobility, and infrastructure. The firm targets investments in technology-enabled clean energy and sustainability initiatives, often with a focus on smart grid, energy storage, and EV/green building applications, and seeks to support portfolio companies with strategic guidance, including board participation. Typical check sizes range from approximately €0.5 million to €6 million per company over the life of participation. SET Ventures concentrates on Europe and prioritizes companies that combine software and hardware components to create scalable energy solutions.

Manastu Space

Pre Seed Round in 2019
Manastu Space is a space logistics company specializing in in-space refueling, life extension, and deorbiting services. It develops green propulsion technology using hydrogen peroxide-based propellant to reduce debris pollution and enhance safety.

TresMoto

Pre Seed Round in 2019
TresMoto specializes in providing tailored, end-to-end mobility solutions for niche enterprise markets, particularly in micro delivery and bike rental services. The company designs smart, connected electric scooters equipped with features such as GPS, geofencing, remote demobilization, and storage options, along with branding opportunities. Additionally, TresMoto is developing scooters and bikes aimed at the consumer market. The organization offers a comprehensive subscription model that encompasses all aspects of vehicle ownership, including insurance, maintenance services, roadside assistance, and unlimited battery swaps through strategically located stations. This integrated approach positions TresMoto to significantly impact urban mobility and promote the use of clean energy across densely populated areas.

TrashCon

Seed Round in 2018
TrashCon is an internationally recognized company specializing in sustainable waste management solutions. It offers innovative technologies for automating waste segregation into biodegradable and non-biodegradable components, facilitating efficient recycling processes.

Ample

Series A in 2018
Ample, Inc. is a San Francisco-based company that specializes in electric battery stations and battery swap solutions for electric vehicles. Founded in 2014, Ample operates within the smart energy sector, focusing on enhancing the efficiency of energy delivery for electric transportation. The company employs autonomous robotics and innovative smart battery technology to facilitate its services. Ample's battery system is designed with smaller, interchangeable battery modules that can be adapted to fit a diverse range of vehicles, addressing the challenges associated with electric vehicle charging and promoting greater accessibility to electric transportation solutions.

Axiom Exergy

Series A in 2018
Axiom Exergy Inc. is an energy storage company that specializes in developing refrigeration batteries designed for supermarkets, cold-storage facilities, and food processors. Founded in 2014 and headquartered in Richmond, California, Axiom Exergy creates solutions that enable these businesses to store and deploy refrigeration effectively. The company's products include an optional integrated backup cooling feature that safeguards food from spoilage during power outages. Additionally, Axiom Exergy provides energy management services, thermal energy systems engineering, and software solutions for monitoring and managing energy use in refrigeration systems. By utilizing existing thermal systems, Axiom Exergy aims to optimize electricity load profiles, helping clients reduce operational costs and mitigate business risks associated with energy management.

Husk Power Systems

Series C in 2018
Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

ArSta eco

Seed Round in 2018
ArSta eco is an eco-technology company focused on transforming waste into valuable sustainable products, including biocarbon, biochar, and sustainable charcoal. By utilizing advanced technology, such as a pyrolysis reactor, ArSta eco converts agricultural waste into various synthetic fuels and carbon products, promoting effective waste recycling. The company's mission emphasizes the importance of sustainable resource usage to meet current needs while ensuring that future generations can thrive. By integrating modern technology with traditional techniques, ArSta eco aims to maximize resource efficiency and contribute to carbon sequestration, addressing both environmental sustainability and the necessity for essential resources like food, water, and energy in society.

Texas Guadaloop

Grant in 2017
Texas Guadaloop is dedicated to researching and developing innovative transportation systems, specifically focusing on hyperloop technology. The company has created a pod prototype that employs air-bearing technology to achieve levitation, resulting in zero friction within hyperloop tubing. This advancement allows for significantly reduced drag, enabling transportation at speeds of up to 700 mph. Texas Guadaloop aims to provide a more sustainable alternative for transporting people and goods, addressing the growing demands of the transportation sector while offering a cost-effective solution compared to traditional magnetic levitation systems.

Kite Power Systems

Venture Round in 2016
Kite Power Systems, founded in 2011 in Burnham-on-Crouch, Essex, UK, is focused on developing innovative technology to harness wind energy through a twin-kite system. This system is designed to be reliable and efficient, aiming to deliver clean, low-cost energy at a utility scale while utilizing 85 percent less material than traditional wind turbines. The company's approach allows for deployment in areas where conventional wind energy solutions may not be viable, thereby broadening access to renewable energy sources. Kite Power Systems has been engaged in continuous testing and development of its technology and has received support from the UK Department of Energy and Climate Change Energy Entrepreneurs Fund, as well as various private sector investors. The company’s mission is to reduce dependency on fossil fuels and mitigate climate change by providing an economical alternative to existing wind energy solutions.

Geli

Series A in 2016
Geli, or Growing Energy Labs, Inc., specializes in providing software and business solutions for the design, automation, and management of energy storage systems. The company offers a comprehensive suite of products that facilitates an ecosystem for project developers, original equipment manufacturers, financiers, and project operators. Geli's hardware-agnostic software platform streamlines the energy storage development process, allowing clients to efficiently deploy advanced energy projects while minimizing their environmental impact.

WellDog

Venture Round in 2014
WellDog, founded in 1999, is an energy-focused technical services company specializing in innovative technologies for sustainable energy resource development. The company has established itself as a leader in providing advanced chemical and natural gas exploration services aimed at the efficient and responsible management of carbon-sensitive activities. WellDog's proprietary Reservoir Raman chemical sensing systems deliver commercial reservoir analysis for various energy resources, including coal, gas, and alternative energy sources. By offering carbon tracking and geophysical processes, WellDog enables gas exploration companies to improve production efficiency while minimizing environmental impact and reducing greenhouse gas emissions. The company is recognized for its ability to adapt cutting-edge technology to address key challenges in resource evaluation and production, ultimately enhancing safety and profitability for energy producers.

Aquion Energy

Series E in 2014
Aquion Energy specializes in developing and commercializing innovative energy storage solutions, particularly its proprietary Aqueous Hybrid Ion (AHI™) batteries. These sodium ion batteries are designed for stationary energy storage and are notable for their environmentally friendly design, utilizing non-toxic components such as saltwater. Aquion's technology addresses the limitations of traditional energy storage systems, providing safe, reliable, and sustainable options that are non-flammable and non-explosive. By enhancing the electrical grid, Aquion's AHI systems optimize existing generation assets and facilitate the broader adoption of renewable energy technologies, thereby contributing to the reduction of reliance on fossil fuels.

Next Step Living

Series D in 2014
Next Step Living provides home energy evaluations and solutions for individuals and organizations. It offers energy assessment and diagnostics, air sealing and insulation, and multi-family retrofit services. The company also provides customized solutions, such as HVAC repair and replacement, window replacement and installation, solar or geothermal systems installation, building automation, interior and exterior lighting design, and custom retrofit services. Its sustainability solutions include water efficiency and purification, landscape design and management, and indoor air quality services. The company provides assessment and diagnostic processes to heating and cooling, domestic hot water, and electricity and lighting needs. Next Step Living partners with more than 400 municipalities, civic organizations, contractors, and corporations to deliver energy-efficient and environmental-friendly solutions to its customers. Those solutions include home energy assessments, weatherization work, energy-efficient windows, efficient heating, and cooling solutions, and access to solar solutions. Next Step Living was founded in 2008 by Geoff Chapin and is based in Boston, Massachusetts.

SURGE Accelerator

Venture Round in 2014
SURGE Accelerator, based in Houston, Texas, is a prominent seed fund and mentor-driven accelerator focused on supporting entrepreneurs who are tackling global energy challenges. With a network of top industry experts and investors, SURGE offers a 4-month program designed to validate business models, facilitate customer connections, and prepare startups for fundraising. SURGE provides essential support through market validation, scaling operations, and raising capital stages, culminating in a pitch day where companies present to a targeted audience of investors, executives, and media. Since its inception in 2012, portfolio companies have collectively raised over $25M in Seed and Series A funding. Join SURGE to take your business to the next level and make a positive impact in the energy sector. Applications are open for the next program cycle, offering startups $30K in seed capital.
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