TLDR:
Startups are scaling up with Shell Ventures for access to deployment opportunities, funding, and connections within Shell’s ecosystem. This partnership helps startups in the energy tech sector to grow and innovate.
Summary:
Shell Ventures is investing in startups focused on sustainability and decarbonisation. The fund not only provides funding but also connections to technical experts, suppliers, and customers within Shell. This support helps startups find deployment opportunities and scale their technologies.
One key aspect of Shell Ventures’ approach is investing early in companies to provide proof points and credibility for their technologies. This early investment can be critical for startups serving large industries.
Collaboration between regulators, private capital, and corporate capital is seen as essential for bridging the funding gap and helping climate tech startups succeed. Shell Ventures also co-invests with other corporate investors and venture capital funds to support growth and innovation in the energy sector.
Overall, startups are scaling up with Shell Ventures for funding, deployment support, and connections within Shell’s ecosystem to accelerate innovation in the energy sector.