Frequently Asked Questions
How did SixLab start?
SixLab, a Studio X product, was created by Shell to foster new ways of working and promote innovation in energy. As a game changing
pre-seed to seed accelerator, we aim to transform the energy industry by bringing together world-class startups and innovators with Shell’s
talent, expertise, and resources.
What is SixLab?
Powered by Shell, SixLab is a six-month accelerator for energy innovation that provides access to world-class mentorship, resources, and
facilities to help shape the future of energy.
What type of startups are you looking for?
We’re looking for pre-seed or seed startups with a beta product or service in energy innovation and energy transition categories. These
categories include but are not limited to:
Green Energy Solutions
Digital Transformation, AI & ML
Step-Change Operational Efficiency
How do I get involved?
We are accepting applications from entrepreneurs and pre-seed to seed startups for the 2022 cohort until April 15, 2022.
What is the application process?
It's a four-step application process: Apply on 6lab.io and allow 3-5 business days for us to review your application. If you meet our criteria,
we will contact you to schedule an interview. If the interview is a success (for both sides), our review committee will make a final decision.
If accepted and an investment deal is reached, you will be invited to be part of our next accelerator cohort.
Does SixLab offer a standard deal package?
The deal structure for every startup in our accelerator is unique, depending on the current stage and circumstances of the startup. We
deliberately designed our program without a "standard" deal to partner with startups and make sure all our investment deals are
appropriately sized and beneficial for both parties.
What is the typical amount of SixLab investment?
Our typical investment ranges from $50k to $250k for a 5-10% equity. That being said, we have completed deals outside of those ranges (i.e.
deals of <5% equity and deals of more than $250k in investment).
Will SixLab invest in startups under current fundraising round terms?
Yes. We have invested in current funding rounds at the established round terms.
What is the size of the SixLab cohort?
We look for 4-6 startups to be a part of a cohort. The SixLab program content is customized and tailored to the needs of each startup, which
is why we keep the cohorts relatively small.
Will the SixLab accelerator program consider companies outside the US?
Yes! Studio X is a global innovation studio, and our SixLab Program is a global accelerator. We absolutely consider startups outside the US.
Can I still apply if I don’t have information/data for some of the application fields?
Yes. We recognize that early stage startups will be at various stages along the journey to commercialization. Fill out as many questions as
possible and put N/A in the blank or 0 if you can’t answer. We can then discuss details during the next stage of the application process.
Want to get involved with Sixlab?
*Subject to the Terms and Conditions of the participation agreement.