TotalEnergies

TotalEnergies Ventures serves as the corporate venture capital arm of TotalEnergies, a global multi-energy company. Established to support the company's strategic transformation towards a more sustainable energy future, TotalEnergies Ventures focuses on identifying and investing in innovative startups that are developing groundbreaking solutions across various facets of the energy transition. Their mission aligns directly with TotalEnergies' ambition to achieve carbon neutrality by 2050, playing a crucial role in fostering the technologies and business models necessary for this shift.

The investment focus of TotalEnergies Ventures is broad yet strategically targeted, encompassing areas critical to the future of energy. This includes renewable energies, advanced energy storage solutions, sustainable mobility, bio-plastics, recycling technologies, and digital innovations applied to the energy sector. They typically engage with companies in their early stages, from Seed rounds through Series B, seeking to provide not just capital but also strategic guidance, technical expertise, and access to TotalEnergies' extensive global industrial network. This collaborative approach aims to accelerate the growth of their portfolio companies and facilitate their market entry or expansion.

Since its inception in 2008, TotalEnergies Ventures has demonstrated a consistent commitment to fostering innovation, having invested in over 50 startups worldwide. The fund manages a significant capital allocation, with the TotalEnergies Carbon Neutrality Ventures fund, for instance, having a dedicated envelope of $400 million. Their initial investment tickets typically range from a few hundred thousand dollars, often starting around $250,000, up to several million dollars, reaching approximately $5 million for initial checks. This flexibility allows them to support a diverse range of companies, from nascent ideas to more developed solutions, all contributing to the global energy transition.