Shell Ventures

Shell Ventures, established in 1996, is the corporate venture capital arm of Shell plc, focusing on investments that accelerate the energy and mobility transformation. The firm targets sectors including power, mobility, emission management, resources, and digital technologies.

In September 2024, Shell Ventures led a $30 million Series A funding round for Mantel Capture, a Boston-based startup developing a technology to capture 95% of carbon dioxide emissions from industrial sites using molten salts. This investment aims to support a demonstration project at a paper mill, with the potential to significantly reduce carbon capture costs in hard-to-abate sectors.

Shell Ventures operates globally, with a team of over 30 professionals across 10 offices in seven countries, including the U.S., U.K., the Netherlands, China, and India. The firm has invested in more than 100 companies, collaborating with startups from seed to late stage to advance innovations in renewable power, mobility solutions, emission management systems, and energy technologies.

By partnering with innovative companies, Shell Ventures aims to drive the development and deployment of technologies that contribute to a sustainable energy future.