Shell Ventures
Profile, fund size and portfolio
Shell Ventures is the corporate venture arm of Shell plc (energy). It was founded in 1996 and is based in The Hague, Netherlands. It invests from Seed to Growth in low carbon solutions, emissions management, electrification.
- Commitment by parentS5
- USD 1.4bn
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Seed to Growth |
| Sectors | Low carbon solutions, Emissions management, Electrification, Operational excellence, Mobility, Digital |
| Geography | North America, Europe, Asia |
| Offices | Silicon Valley, United States, The Hague, Netherlands |
Sources: S2 Shell Ventures page; S1 Shell Ventures page (Wayback capture 28 Sep 2026 and its model.json; live page returns 403); S4 Shell Ventures: Meet the team (Wayback capture, team.model.json).
Data behind this graphic
The firm has not published a portfolio breakdown.
Sources: .
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | USD 1.4bn | Commitment by parent | Stated by the firm or its parent | S5 |
| Companies backed | 100+ | companies | Reported in the press | S5 |
| Companies on the firm's portfolio page | 30 | companies | Counted from the firm's own list | S3 |
Sources: S5 Global Venturing: Shell pumps USD 1.4bn into ventures (19 Jan 2022); S3 Shell Ventures: A selection of our portfolio (Wayback capture, portfolio.model.json).
Where it invests and who leads it
Geography
- Headquarters
- The Hague, Netherlands
- Offices
- Silicon Valley, United States
- The Hague, Netherlands
Investment regionsS2S1S4
- North America
- Europe
- Asia
LeadersS4
- Quennie CoManaging Director, Shell VenturesLinkedInFirm page
- Jill TullyPartner, Chief Investment OfficerLinkedInFirm page
- Jurgen HornmanPartner, Head of Ventures EuropeLinkedInFirm page
- Brian PanoffPartner, Head of Ventures AmericasLinkedInFirm page
- Sabine LooijenPartner, Chief Financial OfficerFind on LinkedInFirm page
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | Shell plc (LSE: SHEL; NYSE: SHEL) | Single source | S1 |
| Parent industry | Energy | Single source | S1 |
| Founded | 1996 | Single source | S1 |
| Headquarters | The Hague, Netherlands | Single source | S5 |
| Status | Active | Single source | S1 |
| Capital source | Parent company only | Single source | S1 |
| Headline size | USD 1.4bn (Commitment by parent) | Single source | S5 |
| Companies backed | 100+ | Single source | S5 |
| People on the team page | 33 | Single source | S4 |
| Stages | Seed, Series A, Growth | Single source | S2 |
For founders
Fund vehicles
Portfolio
The firm's portfolio page lists 30 companies: 30 active.S3
The firm also states 100+ companies backed. The page list and the stated total measure different things.S5
Every company on the Shell Ventures list
30 companies, as listed on the firm's own website.S3 Read the firm's list.
- AIDash
- Akselos
- Ammobia
- Bumper
- Cartken
- Chooose
- Cumulus
- Daphne Technology
- Detect Technologies
- ElectronX
- Enhanced Drilling
- Extellis
- Flair
- Haishangxian
- Ionomr
- Kraftblock
- Li Industries
- Mantel
- Mirico
- Neolix
- Nordsol
- Sense Labs
- Sunswap
- Supercritical
- Tsing Standard
- Value Maritime
- Verdagy
- Vycarb
- WtEnergy
- Zap Energy
History
Where sources disagree
- Leader title: Managing Director of Shell Ventures (Shell page, Sep 2026) (S1) vs Managing Partner from September 2024 (Global Venturing, 27 Aug 2024) (S6). Title wording differs between sources.S1S6
- Portfolio count: Selection of 30 companies on the portfolio page (Sep 2026) (S3) vs Active portfolio exceeding 90 (Global Venturing, Jan 2022) (S5) vs 158 recorded investments (FundingWatcher, 28 Sep 2026) (S9). Page is a selection, not a full list.S3S5S9
Official pages
Read the firm's own pages for current information.
Sources
- S1Shell Ventures page (Wayback capture 28 Sep 2026 and its model.json; live page returns 403)Firm
- S2Shell Ventures pageFirm
- S3Shell Ventures: A selection of our portfolio (Wayback capture, portfolio.model.json)Firm
- S4Shell Ventures: Meet the team (Wayback capture, team.model.json)Firm
- S5Global Venturing: Shell pumps USD 1.4bn into ventures (19 Jan 2022)Press
- S6Global Venturing: Van de Wouw bids Shell goodbye (27 Aug 2024)Press
- S7Alantra: Horizon Secondaries acquires Shell Ventures growth portfolio companies (2 Sep 2026)Press
- S9FundingWatcher corporate venture capital listThird-party report
- S10SEC EDGAR: Shell plc (CIK 1306965)Filing
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by Shell Ventures or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
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