Shell Ventures

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 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.

Mantel develops innovative carbon capture technology designed for use within boilers, kilns, and furnaces. Their method reduces energy losses and enables net-negative emissions, targeting gigaton-level carbon removal. This helps mitigate sustainability concerns across industries such as industrial heat, steel, and chemicals.

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.

AiDASH is making critical infrastructure industries climate resilient and sustainable. Using our satellite-first platform for grid inspection and monitoring, our AI applications enable electric and gas utilities and landowners to transform how they manage and maintain their assets. Our customers deliver ROI in their first year of deployment with reduced costs, improved reliability, and advancements in sustainability goals. AiDASH exists to safeguard critical infrastructure and secure the future of humanAIty™. Learn more at www.aidash.com.

Voltreum is a technology company that develops a blockchain-based platform for decentralized renewable energy trading. It focuses on decarbonization by utilizing clean energy sources, digitization through smart meters, decentralization of grids, and democratization by enabling users to save, share, or sell their excess energy, providing them with autonomy in energy management.

Ecoil specializes in recycling used cooking oil from restaurants into sustainable biodiesel. They offer mobile app-based scheduling for collections, traceability of oil, compliance support, and instant certification.

Agricarbon is a company that specializes in soil carbon measurement services aimed at enhancing climate mitigation and bolstering food system resilience. Utilizing advanced robotics and artificial intelligence, Agricarbon automates the quantification of soil carbon stock, providing farmers, businesses, and landowners with detailed insights into their soil carbon levels. This innovative approach not only aids in the validation of soil carbon capture and storage for agricultural purposes but also creates opportunities for CO2 removal within carbon markets. By offering a unique perspective on soil carbon management, Agricarbon supports the transition towards more sustainable agricultural practices and contributes to environmental conservation efforts.

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 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.

Kateri is a business specializing in carbon production, focusing on the potential of grasslands. It offers customized regenerative ranching programs and services, aiming to enhance land's potential and build natural capital. Kateri quantifies regenerative ranching and soil carbon flows using data-driven metrics, and improves infrastructure and technology to increase land's potential. This enables ranchers and farmers to secure new income streams through carbon credits and other nature-based programs.

Kraftblock is a developer of advanced thermal energy storage systems aimed at facilitating the transition to renewable energy in industrial applications. With a focus on reducing emissions, the company provides innovative solutions that enable industries to decarbonize their heat processes, addressing the pressing challenges posed by climate change. Kraftblock's unique materials are designed for high efficiency and sustainability, allowing for the storage and provision of heat up to 1300°C. This capability opens up new possibilities for large-scale, long-duration energy storage, supporting industries in adopting sustainable thermal processes. Additionally, Kraftblock's technology enhances safety measures, providing customers with protection during fire outbreaks while promoting a shift towards renewable energy sources.

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.

SiriNor is a manufacturing company focused on developing electric jet engines. Their primary goal is to reduce greenhouse gas emissions in the aviation industry. The company's innovative engine design offers electric propulsion and a wide range of applications, from unmanned aerial vehicles to aircraft, catering to various thrust requirements. This technology aims to democratize jet engine manufacturing, break existing technological monopolies, and facilitate large-scale decarbonization in aviation.

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.

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 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.

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.

AiDASH is making critical infrastructure industries climate resilient and sustainable. Using our satellite-first platform for grid inspection and monitoring, our AI applications enable electric and gas utilities and landowners to transform how they manage and maintain their assets. Our customers deliver ROI in their first year of deployment with reduced costs, improved reliability, and advancements in sustainability goals. AiDASH exists to safeguard critical infrastructure and secure the future of humanAIty™. Learn more at www.aidash.com.

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.

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.

Nirvana Energy Systems develops innovative home energy systems that generate electricity and heat from clean natural gas. Their core product is an efficient micro-combined heat and power system designed for residential use, converting gas into electricity while providing domestic water and space heating. This solution enables users to save money on utility bills and reduce carbon emissions.

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.

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.

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.

Orb Energy specializes in providing affordable renewable energy solutions to off-grid households in India. It offers solar home systems priced at USD 4 per month, reaching low-income customers through a robust retail distribution network comprising 90 branches. The company aims to expand its reach by doubling its branches and employees within two years, targeting an additional 250,000 people.

Punjab Renewable Energy Systems Private Limited specializes in the biomass sector, focusing on the plantation, procurement, storage, processing, and supply of biomass for energy production. Founded in 2011 and located in Navi Mumbai, India, the company provides a variety of bio-energy services, including biomass assessment, technical consultation, pellet production, and supply chain management. It also offers comprehensive services such as industrial boiler operations and maintenance, steam supply contracts, and conversion of agricultural waste into bio-CNG. Through its efficient supply chain management systems, Punjab Renewable Energy Systems supports independent power plants and co-generation facilities by ensuring a reliable and organized supply of biomass tailored to their energy needs.

Salient Energy is focused on commercializing an innovative zinc-ion battery developed from research at the University of Waterloo. This battery technology is designed for efficient electricity storage in the power grid, boasting a proprietary cathode that incorporates zinc within its crystal lattice, rather than merely reacting on the surface. This unique approach results in a battery with a relatively high energy density, making it a competitive alternative to traditional lithium-ion batteries. Salient Energy's batteries are not only safer and longer-lasting but also compatible with existing manufacturing processes, allowing for production in current battery factories worldwide. The company's goal is to provide the electric industry with sustainable and reliable energy storage solutions.

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.

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.

Sonnen is a developer of solar-based energy storage systems that provides clean and affordable energy solutions for residential homes, agricultural farms, and commercial enterprises. Established in 2011, the company launched the Sonnenbatterie, one of the first intelligent lithium storage systems in the German and Austrian markets. Sonnen's products not only focus on energy storage but also include features such as active energy management, smart metering, and integration with virtual power plants. These systems allow users to optimize energy use, save money by utilizing energy generated from solar photovoltaic systems or the grid, and manage their home automation platforms effectively.

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.

Grassroots Energy specializes in developing clean energy solutions. It produces Biomethane and Bio-Hydrogen from waste, primarily agricultural and farm waste, using multiple technologies. This process generates biogas for electricity generation and clean cooking, contributing to increased income for small farmers while providing a sustainable solution for bio-waste management.

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.

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.

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 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.

2B Energy focuses on the design and development of offshore wind turbines and power plants, aimed at reducing costs and promoting sustainability in the wind energy sector. The company provides fully integrated solutions that include innovative tower and foundation designs, which facilitate efficient hoisting processes and optimize rotor orientation for accessing turbines in deep waters. By enhancing the performance and efficiency of offshore wind generation, 2B Energy enables its clients to lower power generation costs while contributing to the production of sustainable energy.