Shell E4, established in 2017, is a Bengaluru-based accelerator focused on fostering clean technology and sustainability ventures. It invests in and supports startups working on solutions such as waste management, plastic circularity, carbon capture, and decarbonization technologies, aligning with Shell's broader commitment to a lower-carbon future.
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.
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.
Statiq
Series A in 2022
Statiq is an electric vehicle charging network that allows customers to find the closest charging station, book a slot, and pay online. Statiq creates and aggregates its own smart EV chargers as well as other public EV chargers. Founded in the year 2020 by Akshit Bansal and Raghav Arora and is based in Gurgaon, Haryana, India.
Masabi
Venture Round in 2022
Masabi Limited specializes in mobile ticketing and fare collection solutions for public transport systems in the United Kingdom and globally. The company offers the JustRide platform, a comprehensive cloud-based system that facilitates ticket purchasing, display, and inspection, along with backend infrastructure for secure payments, ticket management, and real-time analytics. JustRide includes customer apps for ticket sales and management, a Hub for reporting and administration, and an Inspect tool for validating tickets using common devices. Additionally, the Web Sales Portal allows transport providers to integrate ticketing into their websites, while the Software Development Kit supports further customization for the transport industry. With operations across various transport agencies worldwide, Masabi aims to enhance passenger convenience by eliminating physical ticketing challenges. Founded in 2001 and headquartered in London, the company also has offices in New York and Boston.
Ample
Series C in 2021
Ample, Inc. is a San Francisco-based company that specializes in electric battery stations and offers innovative battery swap solutions for electric vehicles. Founded in 2014, Ample operates within the smart energy sector, focusing on enhancing energy delivery for electric transportation. The company employs autonomous robotics and advanced battery technology to facilitate efficient energy exchange. Ample's unique battery system utilizes smaller, interchangeable battery modules, allowing compatibility with a diverse range of vehicles. This approach aims to streamline the charging process, making electric vehicle use more accessible and convenient for consumers.
Zypp Electric
Seed Round in 2021
Zypp Electric is a company focused on transforming last-mile delivery through its electric vehicle (EV) solutions, primarily utilizing e-scooters. It operates an app that facilitates the delivery of goods across various sectors, including e-commerce, grocery, medicine, and food, promoting a shift to electric transportation to reduce emissions. By offering a dockless e-scooter sharing service, Zypp enables users to locate and access vehicles easily, enhancing convenience and affordability for deliveries. The company's commitment to sustainability has positioned it as a pioneer in the EV logistics sector, achieving EBITDA-positive status through its innovative approach to decarbonizing transportation and making last-mile delivery more efficient.
Via
Series E in 2020
Via is a re-engineering public transit company that develops and provides on-demand public mobility solutions for commuters. The company transforms public transit, from a regulated system of rigid routes and schedules to a fully dynamic, on-demand network. Via's mobile app connects passengers who are headed the same way, allowing riders to seamlessly share a premium vehicle. The platform operates in the United States and in Europe through its joint venture with Mercedes-Benz Vans, ViaVan. Via's technology is deployed worldwide through partner projects with public transportation agencies, private transit operators, taxi fleets, private companies, and universities, integrating with public transit infrastructure to power cutting-edge on-demand mobility. Via's software offers an end-to-end solution for planning, optimizing, and operating efficient and equitable transit systems, thereby unlocking opportunity for all and constructing resilient cities for the future.
Eee-Taxi
Pre Seed Round in 2020
eee-Taxi is an electric taxi service focused on delivering sustainable transportation solutions through a fleet of 100% electric vehicles. The company aims to provide clean, efficient, and affordable mobility options for riders while contributing to improved air quality and reduced emissions. By incorporating features such as real-time tracking, online booking, and various payment methods, eee-Taxi enhances convenience for consumers. Additionally, the company is dedicated to creating an ecosystem that supports electric vehicles, further promoting green mobility initiatives.
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.
Masabi
Venture Round in 2020
Masabi Limited specializes in mobile ticketing and fare collection solutions for public transport systems in the United Kingdom and globally. The company offers the JustRide platform, a comprehensive cloud-based system that facilitates ticket purchasing, display, and inspection, along with backend infrastructure for secure payments, ticket management, and real-time analytics. JustRide includes customer apps for ticket sales and management, a Hub for reporting and administration, and an Inspect tool for validating tickets using common devices. Additionally, the Web Sales Portal allows transport providers to integrate ticketing into their websites, while the Software Development Kit supports further customization for the transport industry. With operations across various transport agencies worldwide, Masabi aims to enhance passenger convenience by eliminating physical ticketing challenges. Founded in 2001 and headquartered in London, the company also has offices in New York and Boston.
Commutec
Pre Seed Round in 2020
Commutec specializes in employee transportation solutions by leveraging technology to enhance the efficiency and safety of shared transport options. The company provides a comprehensive software-as-a-service platform known as Commutec PRo, which automates the entire transport management process. This solution allows businesses to optimize vehicle capacity, utilize real-time GPS tracking, and receive timely updates through SMS. By employing patented routing algorithms, Commutec PRo facilitates effective route planning while offering analytics and management reporting for better decision-making. The platform aims to reduce costs, mitigate financial and security risks, and lower carbon footprints, giving employers complete control and visibility over their transportation operations in real-time.
SET Ventures
Funding Round in 2019
SET Ventures, established in 2007 and based in Amsterdam, Netherlands, is a venture capital firm focusing on early to growth-stage investments in Europe. The company specializes in digital technology for a carbon-free energy system, backing pioneering startups with sustainable solutions and a strong digital DNA. Its investment priority lies in sectors such as distributed infrastructure, energy retail, buildings, mobility, industry, and enabling technologies. SET Ventures typically invests between €0.5 million to €6 million per portfolio company, aiming to take a seat on the supervisory board.
TresMoto
Pre Seed Round in 2019
TresMoto specializes in providing comprehensive solutions for niche enterprise markets, particularly in micro delivery and bike rental services. The company designs and manufactures electric scooters equipped with features such as GPS, geofencing, remote demobilization, and ample storage space. TresMoto also focuses on creating smart motorcycles and a battery swapping infrastructure tailored for fleet and shared applications. Additionally, it offers a subscription model that encompasses all aspects of vehicle ownership, including insurance, maintenance, roadside assistance, and battery swapping services, thereby facilitating a seamless experience for dockless rental and micro-delivery service providers. With its innovative approach, TresMoto aims to enhance clean energy mobility in densely populated urban areas in India.
Ample
Series A in 2018
Ample, Inc. is a San Francisco-based company that specializes in electric battery stations and offers innovative battery swap solutions for electric vehicles. Founded in 2014, Ample operates within the smart energy sector, focusing on enhancing energy delivery for electric transportation. The company employs autonomous robotics and advanced battery technology to facilitate efficient energy exchange. Ample's unique battery system utilizes smaller, interchangeable battery modules, allowing compatibility with a diverse range of vehicles. This approach aims to streamline the charging process, making electric vehicle use more accessible and convenient for consumers.
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.
Tiramizoo
Venture Round in 2017
tiramizoo GmbH, founded in 2010 and based in Munich, Germany, specializes in same-day delivery services for scheduled deliveries in urban areas across Germany and Austria. The company utilizes a Software as a Service (SaaS) platform that offers tailored logistics solutions for individual retailers and regional trade associations, primarily focusing on online shops dealing with electronics and consumer goods. Its platform comprises two key business units: a Transport Management System (TMS) that optimizes deliveries and tasks, and a Smart City Application that enhances commuter flows and public transport utilization. Central to tiramizoo's offerings is a proprietary algorithm that efficiently calculates optimal routes and asset utilization, capable of processing vast amounts of data while accommodating urban constraints. This technology not only serves clients in Central Europe but has also been applied in Southeast Asian markets, including the Philippines, Singapore, and Malaysia. Customers include fleet operators, retailers, logistics companies, and smart city initiatives.
Aquion Energy
Series E in 2014
Aquion Energy is a manufacturer of innovative energy storage solutions, specializing in sodium ion batteries designed for long-duration stationary energy storage. The company's proprietary Aqueous Hybrid Ion (AHI™) battery technology, developed from research by Carnegie Mellon University Professor Jay Whitacre, addresses the limitations of conventional energy storage systems. Aquion's batteries are safe, reliable, and environmentally friendly, utilizing non-toxic components such as saltwater, and they are free from heavy metals and toxic chemicals. These features make the AHI systems non-flammable and non-explosive, positioning them as a sustainable alternative for clients seeking to decrease reliance on fossil fuels. By optimizing existing grid-tied generation assets, Aquion Energy enhances the flexibility and efficiency of the electrical grid, facilitating the broader adoption of renewable energy technologies.
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