Shell

Shell accounts for 9 tracked companies with verified cap-table data, 9 of which disclose round sizes totalling $1.5B. The median disclosed raise is $98M, and the largest is Mainspring Energy at $800M, ahead of Sense ($175M) and H2 MOBILITY ($122M).

The names that recur most often on these co-invested cap tables are Shell (9 companies), Khosla Ventures (2 companies), DCVC (2 companies), General Catalyst (1 company), Gates Frontier Fund (1 company), Lightrock (1 company). By latest disclosed round, the market skews Series C (2), Series A (2), Series F (1), Growth (1).

• Companies tracked: 9
• Disclosed funding total: $1.5B across 9 companies
• Median disclosed raise: $98M
• Largest raise: Mainspring Energy — $800M
• Stage mix: Series C 2 · Series A 2 · Series F 1 · Growth 1
• Most recent dated round: 2026-02-19

Best funded Shell companies

1. Mainspring Energy — $800M (latest: Series F)
2. Sense — $175M (latest: Series C)
3. H2 MOBILITY — $122M
4. Cleantech Solar — $103M (latest: Growth)
5. Verdagy — $98M
6. Opus 12 — $82M (latest: Series A)
7. Powergen Renewable Energy — $50M (latest: Series C)
8. LanzaJet — $47M (latest: Series B)
9. RepAir — $32M (latest: Series A)

Shell — related firms and companies (52)

• Mainspring Energy
• Sense
• H2 MOBILITY
• Cleantech Solar
• Verdagy
• Opus 12
• Powergen Renewable Energy
• LanzaJet
• RepAir
• Shell portfolio companies 2026
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