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 Transport and logistics

Alt Mobility

Series A in 2024
Alt Mobility is a company specializing in Electric Vehicle as a Service (EVaaS). It provides leased electric vehicles along with structured financial solutions, aiming to facilitate the electrification of commercial fleets for intra-city logistics.

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.

Alt Mobility

Debt Financing in 2024
Alt Mobility is a company specializing in Electric Vehicle as a Service (EVaaS). It provides leased electric vehicles along with structured financial solutions, aiming to facilitate the electrification of commercial fleets for intra-city logistics.

Alt Mobility

Series A in 2024
Alt Mobility is a company specializing in Electric Vehicle as a Service (EVaaS). It provides leased electric vehicles along with structured financial solutions, aiming to facilitate the electrification of commercial fleets for intra-city logistics.

Travis Road Services

Venture Round in 2021
Travis Road Services International B.V., founded in 2010 and based in Tilburg, the Netherlands, specializes in a road service management platform that connects fleet service providers and owners with essential services. The company offers a range of services, including truck washing, tank cleaning, truck parking, and repairs, all accessible through its online platform. This innovative application allows fleet owners and drivers to efficiently find, book, and pay for road services, streamlining the administrative process and reducing costs. By leveraging real-time data, Travis aims to enhance driving efficiency, minimize fuel consumption, and improve overall driver satisfaction.

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.

Qbit Supply Chain

Seed Round in 2021
Qbit(formerly Quifers) is a logistics technology company that offers a Full-Stack SaaS solution for all types of goods movement. Our offerings include an integrated SaaS product with different modules and worldwide application which can help you manage your logistics starting from initial production point till the delivery to the end customers.

FORGE Hydrocarbons

Venture Round in 2020
FORGE Hydrocarbons produces drop-in renewable fuels using its proprietary Lipid-to-Hydrocarbon (LTH) technology. This process transforms waste fats and oils into hydrocarbons indistinguishable from petroleum-based ones, without requiring a catalyst or hydrogen. The company serves the renewable energy and transportation sectors.

Travis Road Services

Venture Round in 2019
Travis Road Services International B.V., founded in 2010 and based in Tilburg, the Netherlands, specializes in a road service management platform that connects fleet service providers and owners with essential services. The company offers a range of services, including truck washing, tank cleaning, truck parking, and repairs, all accessible through its online platform. This innovative application allows fleet owners and drivers to efficiently find, book, and pay for road services, streamlining the administrative process and reducing costs. By leveraging real-time data, Travis aims to enhance driving efficiency, minimize fuel consumption, and improve overall driver satisfaction.

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.

LogisticsNow

Pre Seed Round in 2019
LogisticsNow offers a digital platform that delivers freight intelligence and procurement solutions. Its platform, LoRRI, leverages data analytics to enhance fleet utilization, reduce service costs, and improve supply chain efficiency.

Alt Mobility

Alt Mobility is a company specializing in Electric Vehicle as a Service (EVaaS). It provides leased electric vehicles along with structured financial solutions, aiming to facilitate the electrification of commercial fleets for intra-city logistics.
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