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Shell Ventures

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2021

Investing in a hydrogen engine developer ZeroAvia

March 31, 2021 ZeroAvia reported raising $24.3 million. Taking into account these investments, the total amount of funds received by the developer of hydrogen engines with Russian roots from investors has reached $74 million since its inception. The most in the ZeroAvia funding round, which was announced at the end of March 2021, was provided to the startup by Horizons Ventures. Ecosystem Integrity Fund, Summa Equity, hell Ventures, SYSTEMIQ and Breakthrough Eneregy Ventures (co-founder of this fund is a key investor) also took part in the deal. In addition, British Airways joined the number of investors in the ZeroAvia . More details here.

Investing in the developer of the blockchain system for creating the renewable energy marketplace LO3 Energy

In mid-March 2021, the developer of smart power systems based blockchain on electricity trading LO3 Energy announced the attraction of $11 million in investments as part of the Series B round. The round was led by Shell Ventures. More. here