
Shell Ventures
Carel van Bylandtlaan 30, The Hague, Zuid-Holland, 2596 HR, Netherlands
Overview
Shell Technology Ventures (STV) is the corporate strategic investor for Shell. Specifically, STV is helping Shell identify, adopt, and deploy new technologies faster, investing in ventures that look promising for delivering a meaningful commercial advantage. As a strategic partner, STV makes minority investments in select tech companies, joint ventures and externally managed venture capital funds.
- Total investments
- 103
- Lead investments
- 30
- Investments · 12mo
- 8
- Active investors
- 10
Sector focus
- Finance
- Industrial
- Oil and Gas
- Venture Capital
Investment portfolio
- Extellis
Participated · Seed · Jul 2026
Extellis designs and plans to operate satellites built to capture high-frequency synthetic aperture radar (SAR) imagery, with the company claiming each satellite can capture thousands of images per day using patented antenna technology developed at Duke University from DARPA-sponsored research. The platform is intended to provide consistent monitoring that works at night and through clouds, smoke and other conditions that limit optical imagery. Extellis targets infrastructure operators and industrial companies—such as pipeline, transportation and energy facility operators—that need frequent, wide-area visibility of distributed assets. The company is preparing a pathfinder mission to test technology and operating capabilities ahead of broader commercial service and is building the infrastructure required to serve industrial customers. Extellis recently expanded its seed financing with investment from Shell Ventures to support the pathfinder mission, team expansion and progress toward commercial operations. The company positions its offering as an alternative to helicopters, ground inspections and optical satellite imagery for more dependable, high-frequency monitoring.
- Daphne Technology
Participated · Equity · Apr 2026
Available reporting confirms Daphne Technology recently raised CHF 15 million from investor Taranis. Beyond the financing announcement, public details about the company’s products, services, operating metrics, or plans were not provided in the accessible report. The source article is behind a membership paywall, limiting disclosure of additional company information. No information on revenue, users, founding year, or location was included in the accessible portion of the report.
- Statiq
Participated · Equity · Feb 2026
Statiq offers a full-stack EV charging solution that combines proprietary hardware with a software platform that lets drivers access multiple charging operators through one interface. The company has established more than 10,000 charging points across 100+ Indian cities and partners with real estate developers, hospitality chains, automakers, and government agencies to deploy infrastructure. Beyond operating its own chargers, it integrates third-party networks to broaden coverage. To accelerate growth, Statiq is rolling out a franchise-owned, company-operated model and is prioritising the installation of additional DC fast chargers along highways and in tier-I and tier-II cities. The firm is also piloting deployments in the UAE and plans to export India-manufactured charging hardware. It is investing in uptime upgrades, hardware lifecycle management, and telematics to support scale. For the fiscal year ending March 2025, Statiq generated revenue of ₹79.3 crore but posted a net loss of ₹68.2 crore.
- LanzaJet
Led · Equity · Feb 2026
LanzaJet develops and licenses patented ethanol-based alcohol-to-jet (ATJ) technology to create sustainable aviation fuel and renewable diesel. Its flagship Freedom Pines Fuels plant in Soperton, Georgia is the world’s first fully integrated, commercial-scale ethanol-to-fuels facility and, in late 2025, produced ASTM on-spec jet fuel, marking the first commercial-scale SAF made from ethanol. The company’s technology offers a non-oil-based, scalable solution compatible with today’s aircraft, positioning it to accelerate decarbonization in aviation. LanzaJet is also advancing Project Speedbird, a major SAF biorefinery planned for Teesside in the United Kingdom, aided by a grant from the UK Department for Transport’s Advanced Fuels Fund. An innovative multi-year tolling structure at Freedom Pines secures waste-based ethanol feedstock and guarantees offtake for all production. Financially, the firm has attracted backing from strategic investors such as Airbus, All Nippon Airways, Breakthrough Energy, IAG, Shell, and Microsoft’s Climate Innovation Fund. The latest capital raise values the company at $650 million pre-money and supports further commercial deployments of its ATJ technology.
- WtEnergy
Participated · Equity · Feb 2026
Founded in 2017 in Barcelona, WtEnergy (Waste to Energy Advanced Solutions) has created a proprietary atmospheric gasification technology that transforms solid industrial waste and biomass into synthesis gas. Its modular 5–50 MW plants can be installed on-site at cement, paper, rendering, chemical and ceramic facilities, allowing customers to cut energy costs, lower CO₂ emissions and divert waste from landfills or incineration. The syngas produced can directly replace fossil fuels in thermal and power applications or be upgraded into hydrogen, methanol and sustainable aviation fuel. WtEnergy operates and develops the plants itself, positioning the company as both technology provider and project operator. The firm is now standardising its plant designs, broadening syngas applications and scaling across Europe. Previous industry traction includes a €4.4 million EU grant awarded in 2023 for a waste-to-fuel project with Cemex. While no revenue figures were disclosed, the company cites multiple projects already operating or in advanced development.