Shell Reviews Selected Startup Investments in Portfolio

Shell has initiated a review of certain startup investments within its Shell Ventures portfolio. The company intends to maintain a majority of its holdings.

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The energy major Shell plc, headquartered in the United Kingdom, has reportedly placed certain investments within its Shell Ventures portfolio under review. Sources familiar with the matter indicated that while the company is evaluating its holdings, it is expected to retain a majority of its current venture investments.

A Shell logo is displayed at the European Business Aviation Convention & Exhibition in Geneva, Switzerland, in May 2022. REUTERS/Denis Balibouse
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