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Corporate Venture
shell.com/shell-ventures

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Investments

150

Portfolio Exits

14

Partners & Customers

5

About Shell Ventures

Shell Ventures invests in companies across the energy sector to speed up the development and deployment of technologies complementing Shell's business.

Shell Ventures Headquarter Location

Carel van Bylandtlaan 16

The Hague, 2596 HR,

Netherlands

+31 70 377 9111

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Latest Shell Ventures News

Statiq raises USD 25.7 mn in funding round led by Shell Ventures

Jun 30, 2022

"Securing the first closing of our Series A ensures delivering on value-enhancing growth options already secured by Statiq, as we set out to build India's leading EV charging services company," Statiq Co-Founder and CEO Akshit Bansal said Electric vehicle charging network startup Statiq on Thursday said it has raised USD 25.7 million (over Rs 200 crore) in a funding round led by Shell Ventures. Source:Website/Reuters Electric vehicle charging network startup Statiq has raised USD 25.7 million (over Rs 200 crore) in a funding round led by Shell Ventures, the company said in a statement. The company will use the Series A funding to primarily invest in product engineering and network infrastructure, Statiq said in a statement. The Series A investment will aid in accelerating efforts to scale and realise value from contract portfolio, by investing in product engineering and network infrastructure as well as reinforcing the core team, it added. "Securing the first closing of our Series A ensures delivering on value-enhancing growth options already secured by Statiq, as we set out to build India's leading EV charging services company," Statiq Co-Founder and CEO Akshit Bansal said. He further said, "Shell and Statiq share a vision of actively driving the transformation towards sustainable modes of transport. Gaining Shell Ventures as an investor is a major milestone for Statiq." See Zee Business Live TV Streaming Below: With an aim to provide an end-to-end ecosystem for EV chargers, Statiq said it has recently teamed up with Hero Electric and also collaborated with EV maker Ather, to enhance the combined EV charging network in the northern states of India. Closing this important round of funding is the next step to consolidate the company's own processes, the statement said. "Statiq will be able to tap into a wealth of operational excellence, as well as accelerate working towards quality, safety and environmental standards that are second to none by closely cooperating with Shell group experts as we grow," Statiq Co-Founder and CTO Raghav Arora said. With this funding, he added, "We plan to rapidly scale our business while continuing to invest further in technology, innovation and product development." On its investment in the start-up, Shell Ventures Chief Investment Officer Robert Linck said, "With its consumer-centric approach, we believe Statiq is on-track to lead the EV charging experience in India. Our investment in Statiq stands for our belief in their potential and our shared ambition to accelerate the electrification of mobility solutions." PTI RKL

Shell Ventures Investments

150 Investments

Shell Ventures has made 150 investments. Their latest investment was in CHOOOSE as part of their Seed VC - II on June 6, 2022.

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Shell Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/29/2022

Seed VC - II

CHOOOSE

$3.5M

Yes

1

6/23/2022

Series A

Statiq

$25.7M

Yes

4

6/7/2022

Series C

Zap Energy

$160M

Yes

3

5/12/2022

Seed VC

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$99M

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10

5/10/2022

Series A

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$99M

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10

Date

6/29/2022

6/23/2022

6/7/2022

5/12/2022

5/10/2022

Round

Seed VC - II

Series A

Series C

Seed VC

Series A

Company

CHOOOSE

Statiq

Zap Energy

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Amount

$3.5M

$25.7M

$160M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

4

3

10

10

Shell Ventures Portfolio Exits

14 Portfolio Exits

Shell Ventures has 14 portfolio exits. Their latest portfolio exit was AutoGrid on May 11, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/11/2022

Acquired

$99M

5

11/4/2021

Reverse Merger

$99M

8

11/2/2021

Corporate Majority

$99M

8

10/5/2021

Acquired

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$99M

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10

7/1/2021

Acquired

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$99M

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10

Date

5/11/2022

11/4/2021

11/2/2021

10/5/2021

7/1/2021

Exit

Acquired

Reverse Merger

Corporate Majority

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

5

8

8

10

10

Shell Ventures Partners & Customers

5 Partners and customers

Shell Ventures has 5 strategic partners and customers. Shell Ventures recently partnered with Tokyo Gas on June 6, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

6/18/2019

Client

Japan

Tokyo Gas And GS Energy to receive world’s first Carbon neutral LNG cargoes from Shell

GS Energy and Tokyo Gas have signed an agreement with Shell Limited for delivery of one cargo each of carbon neutral liquefied natural gas .

1

10/12/2017

Partner

Italy

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10

6/29/2012

Vendor

France

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10

7/3/2011

Partner

Germany

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10

1/11/2011

Partner

United States

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10

Date

6/18/2019

10/12/2017

6/29/2012

7/3/2011

1/11/2011

Type

Client

Partner

Vendor

Partner

Partner

Business Partner

Country

Japan

Italy

France

Germany

United States

News Snippet

Tokyo Gas And GS Energy to receive world’s first Carbon neutral LNG cargoes from Shell

GS Energy and Tokyo Gas have signed an agreement with Shell Limited for delivery of one cargo each of carbon neutral liquefied natural gas .

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Sources

1

10

10

10

10

Shell Ventures Team

3 Team Members

Shell Ventures has 3 team members, including current Chief Information Officer, Robert Linck.

Name

Work History

Title

Status

Robert Linck

Chief Information Officer

Current

Geert Van de Wouw

Managing Director

Current

Evert K.

Controller

Former

Name

Robert Linck

Geert Van de Wouw

Evert K.

Work History

Title

Chief Information Officer

Managing Director

Controller

Status

Current

Current

Former

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