The oil and gas company's investment unit, Shell Technology Ventures, funded eight companies and made three investments in funds or accelerators over the course of the year.
Shell Technology Ventures (STV), the corporate venturing unit belonging to petroleum company Royal Dutch Shell, made 11 investments over the course of 2014, it revealed on Friday.
Four of those investments were in oil and gas companies, STV providing a $4m convertible note to Magseis and contributing to a $3m series A round raised by motor monitoring technology developer Veros Systems, as well as rounds raised by maritime pipe technology producer Airborne Oil and Gas and shale gas exploration company…
