ABB Technology Ventures

Profile

ABB Technology Ventures (ATV) is the venture capital arm of ABB, a leader in power and automation technologies. Established in 2009 and headquartered in Zurich, Switzerland, ATV focuses on investing in breakthrough technology companies that can benefit from their extensive industry experience. The team is composed of seasoned professionals with a strong track record in technology innovation and commercialization, giving them a distinctive edge in selecting and nurturing cutting-edge technology ventures.

ATV primarily invests in the sectors of industrial automation, robotics, electrification, and digital solutions, which align closely with ABB's overarching strategic goals. They typically target investments at the Series A through late-stage levels globally, with a focus on transformative industrial technologies. Their commitment is reflected in their overall AUM, although specific fund details are not publicly specified.

The portfolio of ABB Technology Ventures includes notable companies such as Enbala - electric grid optimization, Evolv Technology - advanced imaging, and Persimmon Technologies - 3D motors and robotics, demonstrating their strategic emphasis on pioneering industrial and technological solutions.