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

Co-Founder, Partner and Chief Investment Officer

Hector MacQuarrie

Venture Principal

Christine Vincent

Principal

Peter van Giessel

Venture Principal

Geert van de Wouw

Managing Director

Past deals in Automotive

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.

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.

TSING STANDARD

Series A in 2023
Tsing Standard specializes in the research, development, and manufacturing of test and validation equipment specifically designed for electric and intelligent connected vehicles. The company offers a comprehensive range of inspection solutions, including laboratory test verification, production line testing, and charging process detection. Tsing Standard also provides essential services such as after-sale testing and data services, catering to original equipment manufacturers (OEMs) and auto parts manufacturers. By enabling these businesses to verify the performance and reliability of their systems and components, the company plays a crucial role in ensuring production quality and facilitating effective maintenance processes. Headquartered in Beijing, China, Tsing Standard is committed to supporting the evolving needs of the electric vehicle industry.

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.

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.

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.

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.

SpareIt

Seed Round in 2021
SpareIt is a technology-enabled business-to-business platform transforming the automotive aftermarket supply chain in India. It connects garages with distributors and manufacturers to streamline spares sourcing, procurement, sales, logistics and credit, using a modular SaaS solution that is multilingual and features AI-powered search and vernacular voice input. The platform supports a growing network of workshops and enables brands to reach the network, with a focus on accelerating B2B commerce and improving transparency in the ecosystem. SpareIt has expanded its offering to the electric vehicle segment by providing trained EV technicians and working with EV manufacturers and enablers who use the SpareIt network to service EVs. The platform aggregates more than 30 lakh spare parts across categories and aims to reduce inefficiencies in the automotive aftermarket.

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.

Humn.ai

Series A in 2021
Humn.ai Ltd is a London-based company that specializes in artificial intelligence-driven insurance consulting services, particularly for fleet operators. Established in 2017, Humn.ai leverages machine learning to enhance traditional insurance models, providing innovative data-driven solutions for fleet management challenges. The company's platform integrates multiple data streams to develop real-time risk models, enabling the dynamic pricing of insurance premiums based on the specific risk associated with each completed trip. By offering features such as live data, contextual scoring, and proprietary geospatial exposure mapping, Humn.ai delivers accurate risk assessments and tailored insurance pricing, positioning itself as a forward-thinking player in the fleet insurance sector.

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.

Ravin AI

Series A in 2021
Founded in London in 2018, Ravin AI specializes in developing software for fleet tracking and vehicle condition reporting. Its autonomous artificial intelligence platform uses everyday cameras to inspect vehicles, benefiting car rental services, sales companies, and insurance processors by enhancing trust, detecting more damage, and reducing inspection costs.

Humn.ai

Seed Round in 2021
Humn.ai Ltd is a London-based company that specializes in artificial intelligence-driven insurance consulting services, particularly for fleet operators. Established in 2017, Humn.ai leverages machine learning to enhance traditional insurance models, providing innovative data-driven solutions for fleet management challenges. The company's platform integrates multiple data streams to develop real-time risk models, enabling the dynamic pricing of insurance premiums based on the specific risk associated with each completed trip. By offering features such as live data, contextual scoring, and proprietary geospatial exposure mapping, Humn.ai delivers accurate risk assessments and tailored insurance pricing, positioning itself as a forward-thinking player in the fleet insurance sector.

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.

Drover

Series B in 2020
Drover Limited operates an online platform that offers all-in car subscriptions to customers and private hire drivers, providing an alternative to traditional leasing, hiring, or buying a car. The company's solution allows customers to keep, swap, cancel, or upgrade their vehicles as needed. Drover's technology platform serves as a one-stop-shop for both drivers and vehicle suppliers, offering features such as telematics integration, predictive maintenance, payments and invoicing engine, and comprehensive insurance. Founded in 2015 and based in London, United Kingdom, Drover bridges the gap between short-term car rental companies and long-term lease providers, giving customers flexible access to cars through its website and mobile application.

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.

Energos

Pre Seed Round in 2020
Energos develops a unified platform and edge AI for managing EV charging infrastructure and microgrids. The company's platform enables seamless integration with various electric vehicle chargers, storage systems, PV systems, HVAC, and other technologies. This allows retailers such as fuel service stations, convenience stores, EV charging and battery swap stations, hydrogen and CNG stations, and utilities to establish and manage multiple energy choices for EV car owners.

Aurora

Series B in 2019
Aurora Innovation develops advanced software and hardware products for self-driving vehicles, aiming to transform the movement of people and goods. Founded in 2016 and headquartered in Palo Alto, California, the company operates additional offices in the Bay Area, Bozeman, Pittsburgh, and Dallas. Its primary offering, the Aurora Driver, is a scalable self-driving system capable of operating various vehicle types, including freight-hauling trucks and ride-hailing passenger vehicles. This technology supports Aurora's driver-as-a-service products, Aurora Horizon and Aurora Connect, catering to trucking and ride-hailing sectors. By integrating rigorous engineering with applied machine learning, Aurora Innovation seeks to create a comprehensive transportation ecosystem that connects automakers, logistics services, and mobility providers.

Ravin AI

Seed Round in 2019
Founded in London in 2018, Ravin AI specializes in developing software for fleet tracking and vehicle condition reporting. Its autonomous artificial intelligence platform uses everyday cameras to inspect vehicles, benefiting car rental services, sales companies, and insurance processors by enhancing trust, detecting more damage, and reducing inspection costs.

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.

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.

FixMyCar

Venture Round in 2018
FixMyCar is a UK based on-line car repair and servicing marketplace. Drivers nationwide benefit from receiving quotes from local garages and are able to compare on price and real customer feedback.

Openbay

Series A in 2018
Openbay is a marketplace and software provider for the automotive care industry. It operates an online platform that helps vehicle owners find, compare quotes for, book, and pay for automotive repair and maintenance services from a network of car dealerships, national chains, independent shops, and mobile mechanics. The company also offers SaaS software that enables providers to manage listings, respond to quotes, and process bookings. Founded in 2011 and based in Cambridge, Massachusetts, Openbay serves to create a transparent, convenient experience for customers and service providers.

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.

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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