ABB Technology Ventures

ABB Technology Ventures (ATV) serves as the strategic venture capital arm of ABB, a global technology leader in electrification and automation. Established in 2009, ATV plays a crucial role in fostering innovation by investing in early to growth-stage companies whose technologies align with ABB's core businesses and future strategic priorities. Based out of Zürich, Switzerland, with a significant presence in Silicon Valley and Boston, ATV leverages its global reach to identify and support disruptive startups worldwide. Its mandate extends beyond mere financial returns, focusing on creating strategic value for ABB through technology adoption, market expansion, and collaborative development.

ATV primarily targets companies operating in critical industrial technology sectors. Their investment focus areas include industrial artificial intelligence (AI), robotics, industrial internet of things (IoT), cybersecurity, and distributed energy solutions. They typically engage with companies at the seed, Series A, and Series B stages, seeking out ventures that can enhance ABB's product portfolio, improve operational efficiencies, or open new market opportunities. The team comprises experienced venture capitalists and industry experts who provide not only capital but also strategic guidance and mentorship to their portfolio companies.

The value proposition for startups partnering with ATV is substantial. Beyond capital, portfolio companies gain unparalleled access to ABB's extensive global customer base, vast research and development capabilities, and deep industry expertise. This strategic partnership model aims to accelerate the commercialization of new technologies and facilitate their integration into industrial applications. ATV's approach emphasizes long-term collaboration, helping startups scale their solutions and achieve market leadership within their respective niches.

Since its inception, ABB Technology Ventures has demonstrated a robust commitment to industrial innovation, having invested over $200 million across more than 50 companies globally. Their typical initial investments range from $1 million to $5 million, reflecting their focus on providing meaningful early-stage capital while reserving larger allocations for follow-on rounds as portfolio companies mature. This strategic investment approach underscores ABB's dedication to staying at the forefront of industrial technology advancements and shaping the future of automation and electrification.