Shell Foundation
FoundationLondon · Pre-Seed–Growth · 57 people tracked
Find your way into Shell Foundation
498 people in our graph share verified history with the Shell Foundation team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Shell Foundation grounds its work in the needs of people earning less than a net living wage, focusing on three groups: smallholder farmers on under five acres, movers of people and goods aspiring to electric vehicles, and micro-enterprise owners. It de-risks new technologies and markets, drives innovation towards scale, and partners with proven industry leaders to scale commercial, income-generating clean energy solutions. The foundation embeds gender intentionality across its operations to increase access to products, resources and finance for women and entrepreneurs. It leverages its charitable status to find and scale clean energy technologies reaching millions of people in Africa and Asia.
Source: firm website, verified Aug 3, 2026.
Team · 57 people
from the firm's website & curatedWhat they invest in
from 31 of 72 portfolio companiesCleantech ×16Impact & Social Good ×15Energy ×13Climate Tech ×11Fintech ×11AgTech ×10AI & Machine Learning ×5Logistics & Supply Chain ×5
HQs:India×6Kenya×3South Africa×3Nigeria×2United States×2Switzerland×1
Who they back
founder profiles across 11 portfolio companiesFounding team size:solo founder×72 founders×33 founders×1
Investments · 72 tracked
founders shown can be your intro pathBy year:2026 · 22023 · 12021 · 12016 · 32015 · 12012 · 19 dated
Trane Technologies is a global manufacturer of heating, cooling, and thermal management systems for commercial, residential, and transport applications, with a focus on energy efficiency and emissions reduction.
Advanced ManufacturingCleantechClimate Tech
Simon IngersollDave Regnery(Chair and Chief Executive Officer)inD. S. Regnery(Chair and Chief Executive Officer)C. J. Kuehn(Executive Vice President and Chief Financial Officer)G. Guo(Senior Vice President and Chief Global Integrated Supply Chain Officer)M. J. Atalla(Senior Vice President and Chief Technology and Sustainability Officer)
InspiraFarms Cooling provides cold chain infrastructure and cooling technology solutions to African agribusinesses, farmers, and exporters to reduce food losses and improve access to higher-value markets.
Advanced ManufacturingAgTechCleantechClimate TechFoodTechLogistics & Supply Chain
Co-investorsKawiSafi VenturesPymwymicE3 Capital
AFEX facilitates capital flows for commodity traders, processors, and manufacturers through financial instruments including repos, asset-backed commercial paper, and trade finance notes.
AgTechB2B MarketplacesFintech
Co-investorsConsonance Investment Managers
AgroCenta connects rural smallholder farmers in Ghana to markets and provides access to finance, addressing exploitation by middlemen and enabling farmer progression along the agricultural value chain.
AgTechB2B MarketplacesFintechImpact & Social GoodAccra, GH
Francis A. Obirikorang(CTO & Co-Founder)inMichael K. Ocansey(Co-founder)in
Co-investorsGROOVE CAPITALTechstarsGreenTec Capital Partners
Ampersand builds electric motorcycles, battery packs, swap stations, and AmperOps fleet management software for motorcycle taxi (boda) drivers in Africa, operating a battery-swapping network for commercial e-motos.
CleantechEnergyMobility & Transportation
Co-investorsBeyond CapitalBeyond Capital VenturesBlue Haven InitiativeEcosystem Integrity FundFactor[e] VenturesAlphaMundi Group+2 more
BFA Global provides venture acceleration and impact investing support to technology startups building solutions for underserved customers and small businesses in emerging markets.
AI & Machine LearningClimate TechFintechFuture of WorkImpact & Social GoodSector Agnostic
Co-investorsFSD Africa Investments
Catalyst (now part of Totango) provides customer growth solutions for customer success and sales teams to drive revenue growth.
SaaS
Co-investorsAccelBlink ImpactGeneral CatalystSpeedinvest
The Catalyst Fund operates a Circle of Investors comprising 250+ emerging market-focused tech investors committed to backing founders building resilient solutions.
Impact & Social GoodSector Agnostic
Co-investorsFSD Africa InvestmentsBlink ImpactInternational Finance CorporationSpeedinvest
The Bill & Melinda Gates Foundation is a philanthropic organization that funds research, programs, and initiatives addressing global health, development, and education challenges, particularly affecting low-income populations in developing countries.
AgTechEdTechHealthtechImpact & Social GoodSeattle, US
Hamara Grid develops and operates solar mini-grids in rural areas of India, serving underserved communities with renewable energy access and productive use of energy services.
CleantechEnergyImpact & Social GoodIoTKolkata, IN
Vijay(Managing Director)Sudeshna(Operations Director)Tiakala Ao(Director)
BoardRebecca Symington(Director)
Havenhill Synergy Limited is a clean-tech utility company that generates electricity using solar energy for urban and rural areas across Africa, supporting the continent's infrastructure development.
CleantechClimate TechEnergy
Inficold designs and manufactures refrigeration and cold-chain systems that pair energy-efficient cooling with thermal energy storage and solar integration for temperature-sensitive products.
AgTechCleantechEnergy
Co-investorsRajasthan Venture Capital Fund
Intellecap is the advisory arm of the Aavishkaar Group, providing business consulting and investment banking services to support underserved markets across Asia and Africa.
AgTechClimate TechEnterprise SoftwareFintechImpact & Social GoodNot explicitly stated, IN
Vineet Chandra Rai(Founder and Vice Chairman Aavishkaar Group)in
ITC develops AI software that integrates with existing CCTV infrastructure to predict traffic patterns and optimize traffic flow for municipalities and traffic controllers.
AI & Machine LearningGovTechMobility & Transportation
AharonDvir
Co-investorsEarth Venture Capitalfresh.fund
Jaza is a utility company providing decentralized energy across Sub-Saharan Africa, combining hardware, software, and local talent into a distribution network.
CleantechEnergyImpact & Social Good
Sebastian Manchester(Founder)in
Co-investorsCeniarthEast Valley VenturesValhalla VenturesNew Brunswick Innovation Foundation
M-KOPA offers smartphones through a deposit-and-installment payment model that lets customers build a credit history and unlock digital loans, health cover, device protection, and data bundles.
ConsumerEnergyFintechImpact & Social GoodKilimani, Nairobi, KE
Jesse Moore(Executive Officer, Director)inNicholas Hughes(Executive Officer, Director)Chad Larson(Executive Officer, Director)
BoardArun Gore(Director)Oliver Karius(Director)Colin le Duc(Director)
Co-investorsAHL Venture PartnersAutodesk FoundationBlue Haven InitiativeBroadscaleGray Ghost VenturesLauder Partners+5 more
MAX is a mobility fintech platform that provides financial services, vehicle ownership solutions, and support services to informal transport operators across Africa.
B2B MarketplacesCleantechClimate TechFintechLogistics & Supply ChainMobility & TransportationLagos, NG
Co-investorsAlitheia CapitalBreakthrough Energy VenturesGoodwell InvestmentsOlive Tree CapitalWaarde CapitalNovastar Ventures
Mufin Green Finance provides green financing solutions for electric vehicles in India, positioning itself as a pioneer in climate-focused lending within the EV ecosystem.
CleantechClimate TechEnergyFintechImpact & Social Good
Nithio provides a risk analytics engine and AI models that assess household-level credit risk, structure financing, and monitor portfolio and impact performance for climate solutions.
AI & Machine LearningCleantechClimate TechEnergyFintechImpact & Social GoodWashington, US
Hela Cheikhrouhou(Executive Officer, Director)
BoardBobby J. Pittman(Director)inQueen Nworisara-Quinn(Director)
Co-investorsKupanda CapitalElevar EquityEmerson Collective InvestingFMO
OmniHub is a distribution management platform for product distributors in Africa that connects them with retailers through a unified ordering and visibility system.
AI & Machine LearningB2B MarketplacesE-commerceEnterprise SoftwareFintechLogistics & Supply ChainRetail TechSaaSJohannesburg, ZA
Deepankar Rustagi(Founder)in
Co-investorsGoodwell InvestmentsVentures PlatformAlitheia CapitalAruwa CapitalNorfund
Altech is a distributor of solar lamps in the Democratic Republic of Congo that provides off-grid energy access to households and institutions.
AgTechAI & Machine LearningCleantechClimate TechEnergyImpact & Social GoodDemocratic Republic of Congo, CH
Christopher Aidun(Founder)in
Co-investorsFSD Africa Investments
responsAbility is an impact investment firm that sources, structures, and manages investments in emerging markets across three themes: financial inclusion for micro and small enterprises, climate finance for net-zero pathways, and sustainable food systems.
Climate TechFintechImpact & Social Good
Co-investorsAHL Venture Partners
Sav Circuit manufactures solar-powered cold chain equipment for smallholder farmers in Africa, offering hybrid milk chillers and related cooling products to help preserve perishable goods and improve agricultural value chains.
AgTechCircular EconomyCleantechImpact & Social GoodLogistics & Supply Chain
SIMA is an impact investment fund manager that creates and manages funds bringing together institutional, impact, and development finance investors to back double-bottom-line businesses in renewable energy, affordable housing, and financial inclusion.
EnergyFintechImpact & Social Good
Asad Mahmood(CEO)in
Sistema.bio manufactures prefabricated, modular tubular biodigesters that convert animal dung into biogas for small and medium-sized farms.
AgTechCleantechClimate TechEnergyMexico City
Alexander Eaton(Executive Officer, Director, Promoter)inCamilo Pagés(Founder)in
BoardThibault Couturier(Director)Liesbet Mijlemans(Director)inMarcus Watson(Director)inJoyce Cacho(Director)
Co-investorsDila CapitalFactor[e] VenturesNovastar Ventures
SunCulture provides off-grid solar-powered irrigation pump systems that give smallholder farmers access to water, irrigation, lighting, and mobile charging, sold with a pay-as-you-grow installment option.
AgTechCleantechEnergyNairobi, KE
Co-investorsE3 CapitalEquatorPrivate Infrastructure Development Group
Twigly is a food delivery service that offers a regularly changing menu of dishes, currently serving customers in Gurgaon, India.
ConsumerE-commerceFoodTechGurgaon, IN
Co-investorsHyderabad AngelsTracxn labs
Zypp Electric is an India-based EV rental platform that rents electric scooters and loaders to gig-economy delivery workers, providing IoT-enabled vehicles, battery-swapping infrastructure, and 24/7 support.
CleantechLogistics & Supply ChainMobility & Transportation
Akash Gupta(Founder)in
Co-investorsChakra Growth FundDholakia VenturesLVX VenturesRiso CapitalSprint VcSupermorpheus+6 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
500 GlobalAccionAdvikAlso IncAmpersand SolarBIX CapitalBritish International InvestmentCatalyst Fund ResilienceCavexCookifiDavisandshirtliffDFCDouble Feather PartnersEast Africa FoodsFactore VenturesFmoForeign Commonwealth Development OfficeGizGood MachineJali FinanceJunior Achievement India Services JaisKeep It CoolKofaMeshMirova SunFunder IncNayo Tropical Technology LtdNdarama WorksOdyssey Energy SolutionsOroro Collections And Distribution Management LtdPash Advisory LlpRabo AgrifinanceRevfinS4S Science For Society Techno Private LtdSmall Industries Development Bank Of India SidbiSterling BankTauro WealthThe Co Operative Bank Of Kenya LtdTriplejump Energy Entrepreneur Growth FundUpaya Social VenturesVillgro Innovations Foundation
Exits · 2
1 IPOs · 1 acquisitionsTrane TechnologiesNYSE: TTCatalystacq. by Totango
Portfolio news
latest coverage across their companies
Intellecap · indianstartupnews.com · Sep 11, 2026

Max · alleywatch.com · Sep 10, 2026
Trane Technologies · marketbeat.com · Sep 10, 2026
Nithio · get-invest.eu · Sep 9, 2026
Catalyst Fund · research.unc.edu · Sep 3, 2026

Mufin Green Finance Limited · scanx.trade · Aug 14, 2026
Gates Foundation · timesofindia.indiatimes.com · Aug 13, 2026

Catalyst · coinpedia.org · Aug 10, 2026
Frequently asked questions
- How many investments has Shell Foundation made?
- Shell Foundation has 72 tracked investments, 2 of which have exited, including 2 dated in the last 24 months.
- What stage does Shell Foundation invest at?
- Shell Foundation invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
- What sectors does Shell Foundation focus on?
- Shell Foundation focuses on AgTech, Cleantech, Climate Tech, Energy, Fintech, Impact & Social Good, Mobility & Transportation.
- Where is Shell Foundation located?
- Shell Foundation is headquartered in London, GB.
- Who does Shell Foundation co-invest with?
- Shell Foundation most often shares deals with AHL Venture Partners, Autodesk Foundation, Ceniarth, among 37 tracked co-investors.
Media · Podcasts & interviews
featuring the teamClimate Investing Track Keynote by Jonathan Berman, Chief Executive Officer, Shell Foundation
Impact Investors Council (IIC) · Jonathan Berman
Images
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