# Shell Ventures: portfolio, investments and team > Shell Ventures is a corporate vc based in Netherlands. 14 investments on record, 1 in the last 12 months, latest Nov 2025. Source: https://millionrounds.com/fund/shell-ventures (Millionrounds; every figure on the page links to its filing or article) Netherlands · [Investor](https://millionrounds.com/investors) # Shell Ventures Last cheque observed Nov 2025; 14 cheques on record. Email Corporate VC Deploying now Seed Series A Aviation Chemicals Circular Economy) Follow Shell Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fshell-ventures) Deploying now **50%** of best year **1** **cheques in 12 months**, 14 on record Since the last cheque **355** days **00** hrs **00** min **00** sec Median round **$18M** Rounds led **0 of 14** Sole investor **2 rounds** Mostly in **United States, 64%** Pitch Shell Ventures ## Shell Ventures highlights - 01 1 cheques in the last 12 months - 02 Mostly Series A and Series B: 67% of its rounds - 03 Sole investor in 2 rounds, median $39M ## What they do > No text available. From their own website - **Type:** Corporate VC (from a list, unverified) - **Cheque size:** From $2.0M as they say - **Stages:** Seed Series A - **Sectors:** Aviation Chemicals Circular Economy) - **Based in:** Rijswijk, Netherlands - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **14 appearances** - **2025** 1 round - **Nov** **[ElectronX](https://millionrounds.com/company/electronx)** Series A · US · Ventureburn **$30M** With 12 others - **2024** 2 rounds - **Nov** **[Alt Mobility](https://millionrounds.com/company/alt-mobility)** Series A · IN · Firms' own news pages **$10M** With 4 others - **Apr** **[AiDash](https://millionrounds.com/company/aidash)** Series C · US · Firms' own news pages **$59M** With 10 others - **2019** 6 rounds - **Aug** **[Punjab Renewable Energy](https://millionrounds.com/company/punjab-renewable-energy)** Series B · IN · YourStory **$7.7M** Sole investor - **Jul** **[SteamaCo](https://millionrounds.com/company/steamaco)** GB · EU-Startups **$5.0M** With 1 other - **Jun** **[Sense Photonics](https://millionrounds.com/company/sense-photonics)** Series A · US · TechCrunch **$26M** With 4 others - **May** **Ravin.ai** Seed · IL · TechCrunch **$4.0M** With 2 others - **May** **[Innowatts](https://millionrounds.com/company/innowatts)** Series B · US · FinSMEs **$18M** With 4 others - **Feb** **[Aurora](https://millionrounds.com/company/aurora)** Series B · US · FinSMEs **$530M** With 7 others - **2018** 3 rounds - **Oct** **[Sense](https://millionrounds.com/company/sense)** Series B · US · FinSMEs **$18M** With 4 others - **Jul** **[Salamander Solutions](https://millionrounds.com/company/salamander-solutions)** Series A · US · FinSMEs **$7.0M** With 2 others - **May** **[sonnen](https://millionrounds.com/company/sonnen)** DE · FinSMEs **$70M** Sole investor - **2017** 1 round - **Dec** **[Maana](https://millionrounds.com/company/maana)** Series C · US · FinSMEs **$28M** With 7 others - **2010** 1 round - **Jun** **[Virent Energy Systems](https://millionrounds.com/company/virent-energy-systems)** Series C · US · earth2tech.com **$46M** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **31** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **5+** funds on file numbered funds in its name ## The cheque Seed Series A Median round joined **$18M** the round, not its cheque Alone, median **$39M** Led 0 of 14 rounds **0%** - **Said size:** From $2.0M - **Sole investor:** 2 rounds - **Last cheque:** Nov 2025 Rounds by stage said on their site - Series A said *4* - Series B *4* - Series C *3* - Seed said *1* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) 2 **Pitching Shell Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Shell Ventures. A count of rooms they were both in, not a relationship either has claimed. [**Energy Impact Partners** VC firm **2** rounds together](https://millionrounds.com/fund/energy-impact-partners) ## Recently backed The latest companies Shell Ventures put money into. [**ElectronX** $30M · Nov 2025](https://millionrounds.com/company/electronx)[**AiDash** $59M · Apr 2024](https://millionrounds.com/company/aidash)[**SteamaCo** $5.0M · Jul 2019](https://millionrounds.com/company/steamaco)[**Sense Photonics** $26M · Jun 2019](https://millionrounds.com/company/sense-photonics)[**Innowatts** $18M · May 2019](https://millionrounds.com/company/innowatts)[**Aurora** $530M · Feb 2019](https://millionrounds.com/company/aurora) ## On podcasts 1 episode naming Shell Ventures in the title. - [Inevitable](https://millionrounds.com/podcasts/inevitable) 7 Nov 2022 · 49 min Vikas Gupta and Geert van de Wouw, Shell Ventures Mentions [Shell Ventures](https://millionrounds.com/fund/shell-ventures)[Vikas Gupta](https://millionrounds.com/fund/vikas-gupta) Apple PodcastsShow page ## Quick answers about Shell Ventures ### What does Shell Ventures invest in? Shell Ventures invests most often at Series A and Series B (67% of the rounds on record), in sectors such as Aviation, Chemicals and Circular Economy). ### How active is Shell Ventures? 14 investments on record, 1 of them in the last 12 months. The most recent was in Nov 2025. ### What has Shell Ventures invested in recently? Its most recent investments on record: ElectronX (Series A, Nov 2025), Alt Mobility (Series A, Nov 2024) and AiDash (Series C, Apr 2024). ### How big are Shell Ventures's cheques? The median round it joins is $18M. ### Does Shell Ventures lead rounds? Rarely, if at all: none of its 14 investments on record names it as the lead. ### Where does Shell Ventures invest? Most of the companies it backs are in the United States (64%), India (14%) and the United Kingdom (7%). ### Is Shell Ventures investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does Shell Ventures invest alongside? Most often Energy Impact Partners (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=shell-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=shell-ventures)