Shell Technology Ventures Fund 1

Shell Technology Ventures Fund 1 B.V. is an investment fund focused on accelerating the development and deployment of new technologies across the energy sector. Its primary focus is on the upstream oil and gas sector, but also selectively invests in the downstream, renewable energy and by-product recycling technologies.

Typical areas of investment include: exploration techniques, sub surface evaluation, well construction and automation, automated production operations, novel processing facilities and infrastructure, CO₂ and sulphur disposal, fluid management, solar and wave technologies.

The Fund also takes stakes in oil and gas fields to enable the introduction of value adding novel technologies.

Kenda Capital B.V. is the independently owned manager of the Fund. Major investors in the Fund are Royal Dutch Shell, Coller Capital and the Abu Dhabi Investment Authority. Kenda Capital and the Fund maintain a unique technology relationship with Shell.