ABB

ABB is a global leader in power and automation technologies, providing a comprehensive range of products, systems, solutions, and services aimed at enhancing industrial efficiency and reliability. The company's power division focuses on power transmission, distribution, and automation for various utilities and industries, while its automation segment caters to diverse sectors through measurement, control, protection, and process optimization solutions. ABB operates in approximately 100 countries and offers innovations in areas such as smart grids, robotics, renewable energy, and electric mobility. Additionally, ABB Ventures, the company's corporate venture capital arm, invests in breakthrough technology companies that align with ABB's focus on industrial electrification and automation. This strategic approach supports ABB's commitment to advancing technologies like industrial IoT, AI, and energy transition.

Craig McDonnell

Business Line Managing Director

Mads Moeller

Head of Ventures Electrification, Group VP

Mike Mustapha

President

Chao Wu

Vice President and Head of Group Investment and Portfolio

C P Vyas

Vice President

126 past transactions

To-U

Venture Round in 2025
To-U is a software platform focused on managing and monetizing electric vehicle (EV) charging infrastructure. It offers a user-friendly experience that allows EV drivers to reserve charging stations in advance, enhancing convenience and confidence in the charging process. The platform not only facilitates access to charging but also integrates additional services and amenities for users while they charge their vehicles. By increasing foot traffic to charging locations, To-U helps environmentally responsible businesses reduce customer acquisition costs while simultaneously improving customer satisfaction and loyalty. This innovative approach positions To-U as a leader in the EV charging management sector, promoting a seamless and efficient charging experience.

DG Matrix

Seed Round in 2025
DG Matrix innovative solutions unlock gigaton-scale emissions reductions by enabling electrification anywhere and everywhere with less material and a smaller footprint.

UptimeAI

Venture Round in 2025
UptimeAI specializes in predictive maintenance software that utilizes artificial intelligence to enhance manufacturing operations. By combining industry expertise with advanced AI algorithms, the company focuses on predicting and diagnosing potential failures in process industries. Its software identifies irregularities and early defects, allowing manufacturers to gain insights into the relationships between upstream and downstream operations. This approach enables companies to mitigate risks, eliminate unexpected issues, and improve overall efficiency in their manufacturing processes.

Sensorfact

Acquisition in 2025
Sensorfact offers smart energy savings in the manufacturing industry. The company is a smart advisor for the industry who translates sustainability to day-to-day language and specific actions. No complex sensor technology, no complex software and no complex business models. We make sustainability understandable and transparant.

Lumin

Acquisition in 2025
Lumin is the pioneer and market leader for responsive load control, adding exceptional value to residential microgrids by balancing the needs of energy storage and multiple power sources.

Edgecom Energy

Seed Round in 2025
Edgecom Energy operates an energy management platform that focuses on optimizing energy consumption for its clients. The platform provides various tools and portals that allow users to measure their energy usage, track energy waste, monitor bills, and access real-time consumption data. In addition, it features alarm systems and demand response capabilities. By utilizing these tools, businesses can effectively reduce their energy costs and emissions, leading to significant savings and more efficient energy use.

Gamesa Electric - Power Electronics Business

Acquisition in 2024
Gamesa Electric - Power Electronics Business focused on energy conversion.

SIB Schlemmer

Acquisition in 2024
SIB Schlemmer produces connection systems such as cable glands, accessories, couplings, and conduits. SIB designs, manufactures, and sells brass, stainless steel, and plastic goods and accessories for the electrical, railway, shipping, and mining industries, as well as ATEX-certified items for hazardous areas and a broad range of products for the building sector. SIB has a long history of working with partners who are well-established in their respective nations.

Pratexo

Venture Round in 2024
Pratexo specializes in intelligent edge computing and distributed cloud solutions tailored for Artificial Intelligence, the Internet of Things, and Industry 4.0 applications. The company has developed a platform that streamlines the design, provisioning, and management of edge nodes and micro-clouds necessary for hosting advanced applications. This platform allows for rapid configuration, simulation, monitoring, and optimization of architectures that support edge-enabled applications across distributed clouds or multiple micro-clouds. By facilitating a more efficient deployment process, Pratexo enables clients to effectively launch and manage complex applications in a dynamic and scalable environment.

Aurora Motors

Acquisition in 2024
Aurora Motors goal is simple: to manufacture high quality, premium electric motors, shaft mounts and to distribute them to the national and international market place. With large facility centers located in different parts of the country, it makes Aurora Motors conveniently located to service the entire North American market. With new program expansions being implemented daily, we are confident that our customer demand will be provided for and we will continue to improve all the products for better service. Aurora Motors team consistently meeting improvements and industry requirements that are being implemented by the market demand. Most importantly, we strive to provide a better personable relationship within the distribution channels. In an industry that is growing rapidly and is losing connections in working relationships, Aurora Motors wants to remain connected to our customers on a first-name basis. Providing the best overall service is merely listening, responding in an effective problem-solving way as well as providing the market with the most efficient, price competitive products. Our channels to the marketplace is driven by our customers' needs and we will continue to be responsive to those needs as we develop our products and procedures.

MOLG

Seed Round in 2024
MOLG develops and provides digital and automation tools to manage services and processes of businesses from the manufacturing industry. It is based in Virginia, USA.

Fodisch Group

Acquisition in 2024
Födisch Group provides innovative measuring and analytical solutions for the industrial and energy industries.

Eneryield

Seed Round in 2024
Eneryield specializes in developing a machine learning tool aimed at addressing power quality disruptions in electric power systems. This innovative tool offers intelligent energy analytics and control over electricity flow, effectively compressing large datasets into actionable insights. By classifying and pinpointing the root causes of power quality events, Eneryield equips clients with the information necessary to take corrective actions, thereby mitigating disturbances. The company's solutions help reduce energy losses, minimize wear and tear on components, and decrease production downtimes, ultimately enhancing operational efficiency for its users.

Siemens - Wiring Accessories Business

Acquisition in 2024
Siemens - Wiring Accessories Business manufactures electrical switches, sockets, and other related products.

Ndustrial

Series B in 2024
Ndustrial specializes in providing analytical engines and an industrial optimization platform tailored for mid-tier manufacturers and energy companies. Their solutions focus on enhancing production control, improving energy efficiency, and minimizing waste, which enables organizations to optimize operations and reduce costs. The company employs a proprietary industrial operating system that integrates legacy data and facilitates the deployment of new Industrial IoT assets. Additionally, Ndustrial offers real-time cloud-based applications designed for factories and industrial facilities, utilizing predictive control algorithms to support efficient resource management across various sectors.

GridBeyond

Series C in 2024
GridBeyond Limited specializes in smart grid optimization solutions that utilize artificial intelligence to support a transition to a zero-carbon future. The company's platform integrates on-site hardware, cloud-based software, and a hybrid battery and demand network, enabling the automation and control of energy demand through machine learning technology. GridBeyond serves a diverse range of sectors, including industrial, manufacturing, and logistics, by connecting distributed energy resources with electricity markets. This approach allows customers to access utility-scale renewable generation and battery storage, thus maximizing efficiency and enhancing grid performance. Founded in 2007 and headquartered in Watford, United Kingdom, GridBeyond also has offices in Dublin, Cork, and Houston.

Automated Architecture

Seed Round in 2024
Automated Architecture provides the technological infrastructure for a distributed robotic micro-factory network producing sustainable timber housing.

Meshmind

Acquisition in 2024
Meshmind is a company that offers software development and engineering services, focusing on diverse projects in machine learning, computer vision, and industrial Internet of Things (IoT) solutions. The firm specializes in safe robot control and machine learning applications for robotic tasks, as well as advanced object manipulation techniques. By providing these services, Meshmind enables businesses to effectively integrate robots into their work environments, facilitating collaboration between robotic systems and human employees.

Sevensense Robotics

Acquisition in 2024
Sevensense Robotics AG specializes in developing integrated software and hardware solutions that enable robots to navigate autonomously in dynamic environments shared with humans, both indoors and outdoors. Founded in 2018 and based in Zurich, Switzerland, the company offers a suite of products, including the Alphasense Core, a multi-camera sensor that collects high-quality data crucial for robotic navigation. This data is utilized by Alphasense Position to determine the robot's precise location, while Alphasense Autonomy leverages this information to guide the robot safely to its destination and avoid obstacles. Sevensense Robotics aims to enhance the operational capabilities of mobile robots in fast-changing and crowded settings.

Sevensense Robotics

Acquisition in 2024
Sevensense Robotics AG specializes in developing integrated software and hardware solutions that enable robots to navigate autonomously in dynamic environments shared with humans, both indoors and outdoors. Founded in 2018 and based in Zurich, Switzerland, the company offers a suite of products, including the Alphasense Core, a multi-camera sensor that collects high-quality data crucial for robotic navigation. This data is utilized by Alphasense Position to determine the robot's precise location, while Alphasense Autonomy leverages this information to guide the robot safely to its destination and avoid obstacles. Sevensense Robotics aims to enhance the operational capabilities of mobile robots in fast-changing and crowded settings.

Real Tech

Acquisition in 2024
Real Tech specializes in manufacturing advanced real time water quality monitoring and management solutions.

Pratexo

Venture Round in 2023
Pratexo specializes in intelligent edge computing and distributed cloud solutions tailored for Artificial Intelligence, the Internet of Things, and Industry 4.0 applications. The company has developed a platform that streamlines the design, provisioning, and management of edge nodes and micro-clouds necessary for hosting advanced applications. This platform allows for rapid configuration, simulation, monitoring, and optimization of architectures that support edge-enabled applications across distributed clouds or multiple micro-clouds. By facilitating a more efficient deployment process, Pratexo enables clients to effectively launch and manage complex applications in a dynamic and scalable environment.

Morrow Batteries

Venture Round in 2023
Morrow’s ambition is to develop and manufacture the world’s most cost-effective and sustainable battery cells. The company’s vision is to enable and accelerate the green energy transition through the production of sustainable batteries.

Eve

Acquisition in 2023
Eve Systems is a manufacturer of smart home products that prioritize user privacy and comfort. Established in 1999 and headquartered in Munich, Germany, the company designs elegant hardware and seamless software that integrate flawlessly with Apple HomeKit. Eve's product lineup includes sensors, plugs, switches, and sprinkler controllers, all of which connect to smartphones via an application, allowing for the creation of lifestyle accessories that process and store data locally on users' devices. With a focus on enhancing everyday experiences while ensuring that personal information remains secure, Eve Systems has built a reputation for developing premium products that enrich the Apple ecosystem, previously known for its brands EyeTV and Elgato.

BrainBox AI

Venture Round in 2023
BrainBox AI Inc. is a Montreal-based company founded in 2017 that specializes in developing artificial intelligence solutions for building energy management. The company focuses on optimizing heating, ventilation, and air conditioning (HVAC) systems through its autonomous technology, which employs cloud-based computing and deep learning algorithms. By analyzing data generated from building operations, BrainBox AI provides predictive maintenance modules and fault detection diagnostics, helping building operators enhance energy efficiency and reduce operational costs. The technology allows buildings to operate autonomously, contributing to significant energy savings and lower carbon emissions.

PAYUCA

Series A in 2023
PAYUCA is a developer of a parking management application designed to facilitate contactless access and payment for off-street parking spaces. The platform enables drivers to locate available parking, reserve spots, and access garages using Bluetooth technology. Additionally, it provides a payment solution for parking tickets. PAYUCA also allows space owners to rent out their unused areas for public parking, helping motorists quickly find and reserve empty spaces. In collaboration with Wien Energie, PAYUCA has installed an e-charging station in Vienna, which users can access via their app, offering a short free trial for testing the service.

Viking Analytics

Series A in 2023
Viking Analytics AB, based in Gothenburg, Sweden, develops advanced software solutions tailored for the manufacturing, chemical, and process industries. Established in 2012, the company specializes in its MultiViz analytics software, which assists industrial firms in preparing, analyzing, and organizing sensor data and condition monitoring information. This tool enables users to visualize data effectively, detect patterns, and monitor machine performance with greater reliability. Since 2018, Viking Analytics has focused on enhancing the capabilities of maintenance firms, original equipment manufacturers, and system integrators by identifying machines that require attention and providing insights into the reasons for their condition. By utilizing feedback from experts, the software continuously improves its performance, reducing false alarms and eliminating the need for companies to maintain their own artificial intelligence teams. Overall, Viking Analytics contributes to process optimization and minimizes unplanned maintenance interruptions through advanced anomaly detection and predictive analytics.

Zaphiro

Series A in 2022
Zaphiro is a company that specializes in developing real-time monitoring and automation systems aimed at improving the efficiency and profitability of electrical grid operations. Founded in April 2017 as a spin-off of the Swiss Federal Institute of Technology in Lausanne, it was established by researchers Paolo Romano, Marco Pignati, and Lorenzo Zanni. The company’s technology provides a comprehensive view of energy flows within the grid and enhances fault detection capabilities. By utilizing distributed sensing and a central grid controller, Zaphiro enables clients to safely incorporate renewable energy sources and electric vehicles into their systems. Its solutions facilitate quick responses to electrical faults, thereby reducing the impact of power outages.

Tallarna

Venture Round in 2022
Tallarna is a climate technology company focused on enhancing energy efficiency within the built environment. The company specializes in large-scale decarbonization, providing solutions that include building energy modeling, machine learning, and energy retrofits. Tallarna's platform facilitates access to efficient funding mechanisms, allowing clients to undertake projects without upfront capital expenditure and benefiting from off-balance sheet treatment. Their services aim to deliver guaranteed savings on energy bills while supporting the transition to net-zero emissions. Through its combination of climate tech innovations and financial solutions, Tallarna empowers clients to achieve sustainable and environmentally friendly outcomes.

Scalable Robotics

Venture Round in 2022
Scalable Robotics specializes in developing innovative human-robot interaction techniques that empower users to intuitively guide robots in performing various tasks without the need for coding or complex programming. Founded with the vision that industrial robots should be accessible to businesses of all sizes, the company addresses the challenges posed by labor shortages and the risks associated with programming robots for hazardous jobs. Its point-and-click system enables users to demonstrate their processes directly to the robot, resulting in the automatic generation of robust programming. This approach simplifies the implementation of robots in complex applications like welding, painting, and deburring, making automation more feasible and user-friendly for a wide range of industries.

Samotics

Corporate Round in 2022
Samotics is a Dutch technology company that specializes in an AI-powered condition monitoring platform aimed at enhancing the availability of industrial electric motors and rotating equipment. By utilizing data from sensors and operational systems, Samotics' solution offers predictive insights that help companies identify and address potential equipment failures before they occur. This proactive approach enables organizations to reduce unplanned downtime, lower operational costs, and minimize energy waste. The company serves a diverse range of global industrial clients, including notable names such as Anglian Water, ArcelorMittal, and Nobian, helping them optimize their operations and improve the efficiency of their critical equipment.

Mavenoid

Series B in 2022
Mavenoid AB specializes in developing AI-driven troubleshooting software aimed at hardware and consumer electronics companies. Founded in 2016 and headquartered in Stockholm, Sweden, the company offers a range of tools designed to automate technical support and customer onboarding for various products, including printers, ovens, electric scooters, and industrial equipment. Its platform includes MavenKB, an enterprise knowledgebase; Falcon, a diagnosis engine that identifies root causes; and Druid, an intelligent query engine for building question and answering systems. Mavenoid also provides a troubleshooting system that facilitates human-driven problem solving and a knowledge manager for tracking diagnostic data. By leveraging machine learning and a chatbot-style interface, Mavenoid aims to reduce support costs and resolution times by automating repetitive customer support tasks. The company serves sectors such as transportation, military, and industrial applications.

Key DH Technologies

Venture Round in 2022
Key DH Technologies focuses on developing innovative solutions in the deuterium and hydrogen sectors to serve global markets. The company specializes in producing deuterium oxide for specialized applications and offers water electrolysis systems designed for large-scale green hydrogen production. Through its advanced products and services, Key DH Technologies aims to provide high-value deuterium-containing materials while supporting environmental protection efforts. The company is committed to creating a healthier and more connected world by leveraging intellectual property-driven research and services.

Siemens - Low Voltage NEMA Motor Business

Acquisition in 2022
Siemens - Low Voltage NEMA Motor Business consisted of a line of horizontal and vertical induction motors serving industries such as food and beverage, oil and gas, mining and aggregate, and water and wastewater.

Morrow Batteries

Venture Round in 2022
Morrow’s ambition is to develop and manufacture the world’s most cost-effective and sustainable battery cells. The company’s vision is to enable and accelerate the green energy transition through the production of sustainable batteries.

ChargeLab

Series A in 2022
ChargeLab Inc. is a Toronto-based company that specializes in developing and manufacturing electronic vehicle charging stations and a management platform for electric vehicle charging. Founded in 2015, ChargeLab offers a hardware-agnostic software solution that optimizes and operates various EV charging equipment, making them smarter and easier to use. The company's platform connects, monetizes, and controls charging stations, providing affordable turnkey services that include hardware, software, and installation. ChargeLab serves a diverse clientele, including government entities, multi-national real estate investment trusts, parking operators, and property managers, enabling them to deploy and manage extensive networks of charging stations efficiently.

Cassia Networks

Series C in 2022
Cassia Networks is a wireless telecommunications company specializing in Bluetooth technology aimed at enhancing connectivity within Internet of Things (IoT) applications. Founded in 2014 by Felix Zhao, the company develops innovative solutions to address the challenges of IoT connectivity and management. Its product line includes the Cassia Hub Bluetooth router, which is recognized as the world's first Bluetooth router capable of remotely controlling up to 22 Bluetooth devices over long distances. Other offerings include a Bluetooth smart plug, multi-color LED lights, personal safety sensors, and Bluetooth speakers. With offices in Silicon Valley and Beijing, Cassia Networks strives to simplify IoT integration by allowing users to manage multiple Bluetooth devices from anywhere, overcoming the traditional limitations of short-range controls.

Automata

Series B in 2022
Automata is an automation company focused on transforming the life sciences sector through the use of robotic technology. By providing simple and affordable robotic devices, Automata enables laboratories and other organizations to enhance their capabilities in innovation, diagnosis, and discovery. The company’s robots are designed to be easily reconfigurable, allowing users to adapt them for various tasks. This accessibility empowers professionals in laboratories, classrooms, and production environments to integrate robotic automation seamlessly into their processes, facilitating quicker results and improved efficiency.

InCharge Energy

Acquisition in 2022
InCharge Energy, Inc. is a California-based energy solutions company focused on accelerating the electrification of the transportation industry. Founded in 2018, the company offers consulting services and turnkey commercial electric vehicle (EV) infrastructure solutions tailored to the needs of private and public commercial fleets, electric vehicle original equipment manufacturers, ride-share operators, municipalities, and both commercial and residential facility owners. InCharge Energy provides comprehensive, scalable e-fleet solutions, including financing options to reduce project costs and maximize available credits and incentives, ultimately helping clients save time and money while implementing tailored electric vehicle charging systems.

Sevensense Robotics

Series A in 2021
Sevensense Robotics AG specializes in developing integrated software and hardware solutions that enable robots to navigate autonomously in dynamic environments shared with humans, both indoors and outdoors. Founded in 2018 and based in Zurich, Switzerland, the company offers a suite of products, including the Alphasense Core, a multi-camera sensor that collects high-quality data crucial for robotic navigation. This data is utilized by Alphasense Position to determine the robot's precise location, while Alphasense Autonomy leverages this information to guide the robot safely to its destination and avoid obstacles. Sevensense Robotics aims to enhance the operational capabilities of mobile robots in fast-changing and crowded settings.

BrainBox AI

Series A in 2021
BrainBox AI Inc. is a Montreal-based company founded in 2017 that specializes in developing artificial intelligence solutions for building energy management. The company focuses on optimizing heating, ventilation, and air conditioning (HVAC) systems through its autonomous technology, which employs cloud-based computing and deep learning algorithms. By analyzing data generated from building operations, BrainBox AI provides predictive maintenance modules and fault detection diagnostics, helping building operators enhance energy efficiency and reduce operational costs. The technology allows buildings to operate autonomously, contributing to significant energy savings and lower carbon emissions.

To-U

Funding Round in 2021
To-U is a software platform focused on managing and monetizing electric vehicle (EV) charging infrastructure. It offers a user-friendly experience that allows EV drivers to reserve charging stations in advance, enhancing convenience and confidence in the charging process. The platform not only facilitates access to charging but also integrates additional services and amenities for users while they charge their vehicles. By increasing foot traffic to charging locations, To-U helps environmentally responsible businesses reduce customer acquisition costs while simultaneously improving customer satisfaction and loyalty. This innovative approach positions To-U as a leader in the EV charging management sector, promoting a seamless and efficient charging experience.

Stellapps

Series C in 2021
Stellapps designs dairy management software applications that leverage the power of technology to improve dairy supply chain parameters. The company's applications leverage the Internet of Things (IoT), big data, cloud, mobility and data analytics to improve agri-supply chain parameters, including milk production, milk procurement, cold chain animal insurance and farmer payments, enabling dairy farms, dairy farmers and cooperatives to maximize profits while minimizing effort.

ASTI Mobile Robotics

Acquisition in 2021
ASTI Mobile Robotics, transforming the future together, designs, engineers, manufactures, implements and maintains automated intralogistics solutions. ASTI Mobile Robotics specialises in automated guided vehicles (AGVs) used to move materials and products from place to place in factories and warehouses. It offers the widest range of AGVs on the market and is an expert in industrial connectivity and processes. ASTI Mobile Robotics forms part of ASTI Technologies Group, leading forward, a holding comprising the mobile robotics firm, ASTI Technologies Distribution, ASTI Consulting Services and Fundación ASTI. ASTI Technologies Group also holds stakes in other technology firms.

Oxipital AI

Series B in 2021
Oxipital AI specializes in visual AI solutions that enhance efficiency and sustainability in manufacturing. The platform addresses operational challenges by enabling real-time insights, improving product quality, and increasing throughput. By simplifying implementation, Oxipital AI empowers manufacturers to leverage their data effectively and optimize production workflows. Oxpital AI was previously known as Soft Robotics.

Graphmatech

Venture Round in 2021
Graphmatech AB, founded in 2017 and based in Västerås, Sweden, specializes in the invention, development, and sale of innovative graphene-based nanocomposite materials. The company offers a range of products, including aros graphene thermal grease, aros graphene polymer 3D filament, aros graphene conductive ink, and aros graphene coated polymer powder. Graphmatech's materials leverage the exceptional electrical and thermal properties of graphene, providing high conductivity, lightweight characteristics, and enhanced durability. These attributes enable industries to create advanced products, contributing to the green transition by promoting the efficient use of materials. The company’s focus includes applications in the hydrogen economy and improved 3D printing technologies, offering solutions that utilize less material while achieving superior performance compared to traditional alternatives.

Codian Robotics

Acquisition in 2020
Codian Robotics develops Pick & Place robots for industrial applications. They are a flexible and customer-oriented partner for machine builders and robot integrators. By using their expertise, their customers can fully focus on building and selling their applications. The Codian Robotics robots are ideal to deploy at rapid toploading processes. Their robots are built without any operating system and work on all common machine control systems. This makes real-time information available and saves a lot of time and money.

Enervalis

Series A in 2020
Enervalis specializes in developing software that offers sustainable energy solutions tailored for electric vehicles, buildings, and microgrids. The company's energy management platform efficiently monitors diverse energy sources and user behaviors, leveraging weather forecasts, user inputs, and advanced analytics to anticipate future energy demand and supply. By optimizing energy consumption towards locally produced green energy, such as solar, wind, and other renewable sources, Enervalis enables users to manage their energy assets from a centralized dashboard. This comprehensive approach allows electricity producers, storage providers, and consumers to effectively monitor and control their energy usage, ultimately reducing energy costs and promoting energy efficiency.

Natron Energy

Series D in 2020
Natron Energy, Inc. is an energy storage company based in Santa Clara, California, founded in 2012. The company specializes in developing sodium-ion battery technologies, utilizing Prussian Blue electrode materials to create safe and sustainable energy storage solutions. Natron's batteries are designed for various industrial applications, including uninterruptible power supply systems, lift trucks, renewable energy smoothing, and smart grids. These batteries offer advantages such as high power density, efficient recharging, and extended cycle life, and can be produced economically using commodity materials on existing manufacturing lines. Natron Energy operates a software-defined power platform to enhance the integration of its battery solutions across critical backup power systems and other applications.

Atom Power

Series B in 2020
Atom Power, Inc. is a manufacturer based in Charlotte, North Carolina, specializing in advanced electrical management solutions for the commercial power industry. Founded in 2014, the company develops a suite of intelligent products including Atom Switch, a circuit breaker, Atom Panel, a distribution panel, and Atom OS, a software platform that allows for the precise control and customization of electrical flow within buildings. These products are designed to enhance safety by managing electrical currents and improving the overall performance of electrical systems in commercial and industrial settings. Additionally, Atom Power is involved in the development of integrated electric vehicle charging solutions, which centralize charging and control to optimize performance and safety, contributing to reduced operational costs for clients.

FreeWire

Series B in 2020
FreeWire Technologies, Inc. specializes in mobile electric vehicle (EV) chargers and battery-integrated charging solutions. Founded in 2014 and based in San Leandro, California, the company produces various models, including the Mobi Charger series, which caters to different charging needs with options for manual operation and semi-autonomous functionality. FreeWire's flagship product, the Boost Charger, connects to existing low-voltage utility services and provides high-power charging without requiring significant grid upgrades. This innovative technology allows for ultrafast EV charging, making it suitable for diverse applications, including commercial customers, fleets, and retail locations. FreeWire has established partnerships with major companies and is actively deploying its solutions across the U.S. and internationally, including a collaboration with bp pulse in the UK. By offering clean and efficient power alternatives, FreeWire aims to support the transition away from fossil fuels and enhance the EV charging infrastructure.

Cylon Controls

Acquisition in 2020
Cylon is an electronic manufacturing platform that provides smart energy solutions for businesses. It includes Cylon Controls UnitronUC32, best in class HVAC control, flexible lighting control and extensibility to include ancillary building services. This is combined with real-time information on building conditions and powerful energy management delivered by Cylon Active Energy. Cylon was founded in 1985.

Hailo

Series B in 2020
Hailo Technologies Ltd. specializes in developing advanced AI processors that facilitate deep learning applications on edge devices. Founded in 2017 and based in Tel Aviv, Israel, the company has created products such as the Hailo-8 and Hail SDK, which allow devices to perform complex tasks like object detection, image enhancement, and real-time content creation while minimizing power consumption and cost. Hailo's processors are designed to integrate seamlessly into a wide range of smart devices, including those used in automotive, security, personal computing, and industrial automation sectors. By rethinking traditional computer architecture, Hailo enables edge devices to process data locally, enhancing their capabilities and operational efficiency.

InCharge Energy

Series A in 2020
InCharge Energy, Inc. is a California-based energy solutions company focused on accelerating the electrification of the transportation industry. Founded in 2018, the company offers consulting services and turnkey commercial electric vehicle (EV) infrastructure solutions tailored to the needs of private and public commercial fleets, electric vehicle original equipment manufacturers, ride-share operators, municipalities, and both commercial and residential facility owners. InCharge Energy provides comprehensive, scalable e-fleet solutions, including financing options to reduce project costs and maximize available credits and incentives, ultimately helping clients save time and money while implementing tailored electric vehicle charging systems.

MTEK

Venture Round in 2020
MTEK Industry AB, founded in 2002 and based in Alfta, Sweden, specializes in developing and deploying software and solutions for real-time intelligent and collaborative production within the small parts assembly sector. The company offers the MTEK MBrain Software Suite, which digitizes and virtualizes production flows across factory lines by correlating production and machine data. MTEK's no-code digital production systems are designed for discrete manufacturers worldwide, providing modular, scalable, and rapidly deployable solutions. These systems enhance operational flexibility and control while delivering superior time to value and total cost of ownership for clients.

Numocity

Seed Round in 2020
Numocity is a company that operates at the intersection of the automobile, energy, and digital technology sectors, focusing on electric mobility solutions. It provides a cloud-based middleware platform designed to deliver "Energy as a Service," supporting both fixed electric vehicle (EV) chargers and battery-swappable solutions. The platform facilitates oil marketing companies, power utility firms, fleets, and automotive original equipment manufacturers (OEMs) in building, operating, and monetizing electric mobility services. Additionally, Numocity's software suite enhances the user experience by enabling easy discovery of charging stations, comparison of charging rates, and asset tracking for EV owners, thereby promoting accessible electric charging facilities throughout urban environments.

IMSystems

Convertible Note in 2019
IMSystems focuses on advancing gearbox technology with its innovative Archimedes Drive, which eliminates traditional gear teeth to overcome the traction drive paradox. This patented technology utilizes Flexroller mechanics, allowing for high torque delivery in a compact design, achieving ratios up to 10,000:1. The Archimedes Drive combines the reliability of planetary drives with the precision of friction transmission, enabling industrial robots to achieve consistent and reliable torque transfer without compromising asset durability. By offering a lighter, stronger, and more efficient alternative to conventional speed reducer technologies, IMSystems aims to revolutionize the robotics industry, enhancing production speeds and operational precision.

ChargeDot

Acquisition in 2019
Chargedot is a Chinese e-mobility solution provider. The company supplies AC and DC charging stations, as well as the necessary software platform to a range of customers that includes EV manufacturers.

Kespry

Series D in 2019
Kespry Inc. specializes in providing drone-based aerial intelligence solutions designed for industrial applications. The company's flagship product, the Kespry Drone System, is an automated unmanned aerial vehicle that autonomously collects and uploads aerial data to the Kespry Cloud, an intelligence platform that simplifies reporting and translates data into actionable insights. This integrated solution enables industries such as mining, construction, insurance, and pulp and paper to efficiently measure stockpiles, survey sites, and inspect assets, thereby enhancing operational accuracy and decision-making processes. Founded in 2013 and headquartered in Menlo Park, California, Kespry serves a diverse clientele across North America, Europe, and Australia, including notable companies like John Deere and Fluor.

Automata

Series A in 2019
Automata is an automation company focused on transforming the life sciences sector through the use of robotic technology. By providing simple and affordable robotic devices, Automata enables laboratories and other organizations to enhance their capabilities in innovation, diagnosis, and discovery. The company’s robots are designed to be easily reconfigurable, allowing users to adapt them for various tasks. This accessibility empowers professionals in laboratories, classrooms, and production environments to integrate robotic automation seamlessly into their processes, facilitating quicker results and improved efficiency.

Graphmatech

Seed Round in 2018
Graphmatech AB, founded in 2017 and based in Västerås, Sweden, specializes in the invention, development, and sale of innovative graphene-based nanocomposite materials. The company offers a range of products, including aros graphene thermal grease, aros graphene polymer 3D filament, aros graphene conductive ink, and aros graphene coated polymer powder. Graphmatech's materials leverage the exceptional electrical and thermal properties of graphene, providing high conductivity, lightweight characteristics, and enhanced durability. These attributes enable industries to create advanced products, contributing to the green transition by promoting the efficient use of materials. The company’s focus includes applications in the hydrogen economy and improved 3D printing technologies, offering solutions that utilize less material while achieving superior performance compared to traditional alternatives.

MineSense

Series D in 2018
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, that specializes in sensor-based mineral processing solutions for ore pre-concentration. The company utilizes high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to assess and report ore grade in real time. MineSense offers a range of products including BeltSense, ShovelSense, and SortOre, which facilitate the monitoring and sorting of ores based on their mineral content. Additionally, it provides evaluation tools such as ConductOre and PreCalculatOre to help mines analyze economic benefits and optimize ore processing. Beyond product offerings, MineSense also delivers laboratory and professional services focused on mineral evaluation and economic case studies. Founded in 2007, the company has expanded its operations to include offices in South America, Australia, and Africa, aiming to enhance productivity and recovery in the mining industry.

Stellapps

Series B in 2018
Stellapps designs dairy management software applications that leverage the power of technology to improve dairy supply chain parameters. The company's applications leverage the Internet of Things (IoT), big data, cloud, mobility and data analytics to improve agri-supply chain parameters, including milk production, milk procurement, cold chain animal insurance and farmer payments, enabling dairy farms, dairy farmers and cooperatives to maximize profits while minimizing effort.

Element

Series A in 2018
Element, a leading software provider in IT/OT data management, enables industrial organizations to unite their IT and operations data to produce analytical insights that drive cleaner, safer, healthier, and more profitable operations. Element Unify transforms siloed IT/OT data into contextualized, graph-based models to support diverse analytical workloads and data governance. Element’s customers represent over $250 billion in revenue, $230 billion in fixed assets and 450,000 employees. To learn more about Element, please visit elementanalytics.com and follow the company on Twitter and LinkedIn.

Vion Technology

Series B in 2017
Vion Technology is a Chinese artificial intelligence firm that specializes in machine vision and develops advanced AI products and solutions tailored for various sectors, including smart cities and business intelligence. The company creates cutting-edge image recognition algorithms and high-performance AI hardware platforms. Its notable products include a smart camera designed for monitoring traffic violations, an intelligent video analysis terminal capable of face and age recognition, and a compact smart camera for counting people. Vion Technology’s solutions enable traffic authorities to automatically identify violations, recognize license plate numbers, and generate tickets by analyzing footage from surveillance cameras, thereby enhancing operational efficiency in smart transportation and urban management.

Kespry

Series C in 2017
Kespry Inc. specializes in providing drone-based aerial intelligence solutions designed for industrial applications. The company's flagship product, the Kespry Drone System, is an automated unmanned aerial vehicle that autonomously collects and uploads aerial data to the Kespry Cloud, an intelligence platform that simplifies reporting and translates data into actionable insights. This integrated solution enables industries such as mining, construction, insurance, and pulp and paper to efficiently measure stockpiles, survey sites, and inspect assets, thereby enhancing operational accuracy and decision-making processes. Founded in 2013 and headquartered in Menlo Park, California, Kespry serves a diverse clientele across North America, Europe, and Australia, including notable companies like John Deere and Fluor.

Atom Power

Series A in 2017
Atom Power, Inc. is a manufacturer based in Charlotte, North Carolina, specializing in advanced electrical management solutions for the commercial power industry. Founded in 2014, the company develops a suite of intelligent products including Atom Switch, a circuit breaker, Atom Panel, a distribution panel, and Atom OS, a software platform that allows for the precise control and customization of electrical flow within buildings. These products are designed to enhance safety by managing electrical currents and improving the overall performance of electrical systems in commercial and industrial settings. Additionally, Atom Power is involved in the development of integrated electric vehicle charging solutions, which centralize charging and control to optimize performance and safety, contributing to reduced operational costs for clients.

Everactive

Venture Round in 2017
Everactive, Inc., also known as Everactive Insights, Inc., specializes in the development of wireless sensing devices and technologies tailored for Industrial Internet of Things (IoT) applications. The company produces ultra-low-power chips that enable battery-less wireless sensors, facilitating data generation and analytics for various industrial operations. Its innovations include PsiKick integrated circuits, which support programmable processing, power management, and RF communication. Everactive's solutions encompass steam trap monitoring, flare system monitoring, and machine health monitoring, allowing for continuous analysis of industrial assets. Founded in 2012 and headquartered in Santa Clara, California, Everactive also has locations in Charlottesville, Virginia, and Ann Arbor, Michigan. The company’s technology is based on energy harvesting, enabling low-cost and long-lived instrumentation that supports sustainable and scalable IoT applications.

CMR Surgical

Series A in 2017
CMR Surgical Limited, based in Cambridge, United Kingdom, specializes in the design and manufacture of medical devices tailored for minimal access surgery. The company is recognized for its Versius surgical robotic system, which enhances laparoscopic surgical procedures by making them more accessible and affordable. Founded in 2014 and originally named Cambridge Medical Robotics, CMR Surgical aims to expand the capabilities of robotic surgery, allowing a broader range of procedures to be performed. The system provides surgeons with 3D high-definition imagery and real-time feedback, significantly improving the surgical experience and outcomes for patients.

Generac Grid Services

Series B in 2017
Generac Grid Services focuses on providing advanced software solutions for the energy industry, aimed at optimizing energy distribution and enhancing grid stability. The company's technology enables the management of distributed energy resources, including flexible loads, energy storage, and renewable energy sources. By utilizing a real-time energy-balancing platform, Generac Grid Services creates controllable and dispatchable energy resources that can respond to the immediate needs of the power system. Their services include energy distribution optimization, electric vehicle load management, and frequency regulation, allowing energy retailers and utilities to navigate the complexities of modern energy markets and improve their operational efficiency.

KEYMILE - Business

Acquisition in 2017
KEYMILE provide professional support when it comes to mission-critical networks. And it offer a wide portfolio to assist our customers actively in migrating from traditional technology to IP.

Bonsai

Series A in 2017
Bonsai offers an AI platform that empowers enterprises to build and deploy intelligent systems. By completely automating the management of complex machine learning libraries and algorithms, Bonsai enables enterprises to program AI models that improve system control and enhance real-time decision support. Businesses use these models today to increase automation and improve operational efficiency of industrial systems including robotics, manufacturing, supply chain, logistics, energy and utilities. Based in Berkeley, CA, Bonsai is backed by leading investors including NEA, Microsoft Ventures, ABB, Samsung NEXT and Siemens.

Enervalis

Venture Round in 2017
Enervalis specializes in developing software that offers sustainable energy solutions tailored for electric vehicles, buildings, and microgrids. The company's energy management platform efficiently monitors diverse energy sources and user behaviors, leveraging weather forecasts, user inputs, and advanced analytics to anticipate future energy demand and supply. By optimizing energy consumption towards locally produced green energy, such as solar, wind, and other renewable sources, Enervalis enables users to manage their energy assets from a centralized dashboard. This comprehensive approach allows electricity producers, storage providers, and consumers to effectively monitor and control their energy usage, ultimately reducing energy costs and promoting energy efficiency.

B&R Industrial Automation

Acquisition in 2017
The pioneering spirit of company founders Erwin Bernecker and Josef Rainer – and their vision of contributing something exceptional to the automation industry – sparked a fire that continues to shape their company to this day. Keen foresight and entrepreneurial courage helped B&R rise quickly into the ranks of top global players in industrial automation. An intuitive sense of market dynamics and emerging trends has established us as a pioneer, leading the way with the most innovative technology on the market. Looking forward, they aim to further strengthen their position globally and continue their impressive record of sustained growth.

Generac Grid Services

Series B in 2017
Generac Grid Services focuses on providing advanced software solutions for the energy industry, aimed at optimizing energy distribution and enhancing grid stability. The company's technology enables the management of distributed energy resources, including flexible loads, energy storage, and renewable energy sources. By utilizing a real-time energy-balancing platform, Generac Grid Services creates controllable and dispatchable energy resources that can respond to the immediate needs of the power system. Their services include energy distribution optimization, electric vehicle load management, and frequency regulation, allowing energy retailers and utilities to navigate the complexities of modern energy markets and improve their operational efficiency.

NUB3D, S.L.

Acquisition in 2017
NUB3D develops, produces and distributes optical measuring systems based on white light technology.

Atom Power

Series A in 2017
Atom Power, Inc. is a manufacturer based in Charlotte, North Carolina, specializing in advanced electrical management solutions for the commercial power industry. Founded in 2014, the company develops a suite of intelligent products including Atom Switch, a circuit breaker, Atom Panel, a distribution panel, and Atom OS, a software platform that allows for the precise control and customization of electrical flow within buildings. These products are designed to enhance safety by managing electrical currents and improving the overall performance of electrical systems in commercial and industrial settings. Additionally, Atom Power is involved in the development of integrated electric vehicle charging solutions, which centralize charging and control to optimize performance and safety, contributing to reduced operational costs for clients.

PointGrab

Series B in 2016
PointGrab Ltd. develops machine learning technology installed in optical IoT sensors for commercial Real Estate. The sensors enables Companies to better manage their real estate, increase efficiency and cut Real Estate costs, while keeping Employees' privacy and welfare. PointGrab is considered marker leader in providing occupancy and smart building features in commercial Real Estate.

CMR Surgical

Series A in 2016
CMR Surgical Limited, based in Cambridge, United Kingdom, specializes in the design and manufacture of medical devices tailored for minimal access surgery. The company is recognized for its Versius surgical robotic system, which enhances laparoscopic surgical procedures by making them more accessible and affordable. Founded in 2014 and originally named Cambridge Medical Robotics, CMR Surgical aims to expand the capabilities of robotic surgery, allowing a broader range of procedures to be performed. The system provides surgeons with 3D high-definition imagery and real-time feedback, significantly improving the surgical experience and outcomes for patients.

SVIA

Acquisition in 2016
SVIA’s mission is to help manufacturing industries to produce more efficient by deliver superior standardized automation solutions.

Automata

Seed Round in 2016
Automata is an automation company focused on transforming the life sciences sector through the use of robotic technology. By providing simple and affordable robotic devices, Automata enables laboratories and other organizations to enhance their capabilities in innovation, diagnosis, and discovery. The company’s robots are designed to be easily reconfigurable, allowing users to adapt them for various tasks. This accessibility empowers professionals in laboratories, classrooms, and production environments to integrate robotic automation seamlessly into their processes, facilitating quicker results and improved efficiency.

Oxipital AI

Series A in 2015
Oxipital AI specializes in visual AI solutions that enhance efficiency and sustainability in manufacturing. The platform addresses operational challenges by enabling real-time insights, improving product quality, and increasing throughput. By simplifying implementation, Oxipital AI empowers manufacturers to leverage their data effectively and optimize production workflows. Oxpital AI was previously known as Soft Robotics.

PointGrab

Series A in 2015
PointGrab Ltd. develops machine learning technology installed in optical IoT sensors for commercial Real Estate. The sensors enables Companies to better manage their real estate, increase efficiency and cut Real Estate costs, while keeping Employees' privacy and welfare. PointGrab is considered marker leader in providing occupancy and smart building features in commercial Real Estate.

Gomtec

Acquisition in 2015
Gomtec specializes in the manufacture and marketing of mechatronic systems and robots. The company focuses on integrating mechanical, electrical, telecommunications, control, and computer engineering to develop advanced mechatronic solutions. By combining these diverse fields of engineering, Gomtec aims to deliver innovative products that meet the evolving needs of various industries.

Spirit IT

Acquisition in 2014
Spirit IT b.v. provides automation products and technical services that enable end users and system integrating partners to create metering solutions for the oil and gas industry. The company’s products include Flow-X flow computers; eXLerate, a software platform used for the automation of oil and gas measurement systems, such as custody transfer metering stations, calibration facilities, crude gathering stations, FPSO's, and tank depots; Flow-Xpert, which provides typical calculations used in custody transfer measurement; and eXLent, a Web-based software platform for the management of flow computers and measurement data.

Persimmon Technologies

Series B in 2014
Persimmon Technologies Corporation, based in Wakefield, Massachusetts, develops, manufactures, and distributes advanced atmospheric and vacuum robotics, along with automation systems, primarily for the semiconductor, data storage, LED, OLED, solar, and flat panel display equipment markets. Founded in 2010, the company serves as a sales representative for Nidec Sankyo Corporation's atmospheric robotic products in the United States. With a focus on innovation, Persimmon Technologies offers vacuum robotics that provide distinct advantages through superior mechanical design, control technology, and advanced software. As of March 2017, it operates as a subsidiary of Sumitomo Heavy Industries, Ltd.

Grabit Inc.

Series A in 2013
Grabit, Inc. specializes in electroadhesion-based gripping solutions for robotics and material handling applications. Founded in 2013 and headquartered in Sunnyvale, California, the company offers innovative products designed to enhance efficiency in various industries, including manufacturing, footwear, automotive, aerospace, and logistics. Notable products include Stackit, an auto-layering robot that utilizes electroadhesive grippers for stacking materials; Meterit, a gravity-fed conveyor system equipped with an electroadhesive film for intelligent load management; and Conveyit, which employs an electroadhesive belt to securely hold items for sorting and delayering. Grabit serves a diverse clientele, including several Fortune 500 companies, and aims to improve productivity while minimizing power consumption through its advanced technology. In December 2019, Grabit filed for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

ELBI Elektrik

Acquisition in 2013
ELBI Elektrik designs and manufactures electrical wiring accessory products for the Turkish market, and exports to Eastern Europe with its own local sales organization.

Newron System

Acquisition in 2013
Newron System develops and distributes software solutions for building automation. The company specializes in creating network management tools, SCADA interfaces, gateways, and software for testing and tuning automation systems. These products are marketed through high-end distributors and installers, enabling efficient integration and management of automation technologies in various settings.

DynaMotive

Acquisition in 2013
DynaMotive Ltd. specializes in the design, commissioning, and upgrading of drive systems, controls, and motors for various sectors, including industrial and marine applications. The company offers a range of engineering services that encompass full turnkey project management solutions, system upgrades, and ongoing managed service and support maintenance options. DynaMotive aims to be the preferred supplier for its clients by providing bespoke solutions tailored to their specific needs. This approach allows clients to benefit from a single-source provider for their essential plant and business operations, ensuring reliability and efficiency in their systems.

Los Gatos Research

Acquisition in 2013
Los Gatos Research specializes in the development of laser-based instruments that utilize cavity enhanced laser absorption spectroscopy for real-time, non-destructive analyses of gases and liquids. The company's product offerings include tools for industrial process monitoring and control, air quality assessment, greenhouse gas measurements, and gas analysis, including trace gas isotopic measurements. These instruments allow clients to achieve precise and accurate measurements, facilitating improved monitoring and management of various environmental and industrial processes.

Romo Wind

Venture Round in 2013
Romo Wind is a technology-led product and service company. Their focus is on extracting the full value of wind turbines. The key technology underpinning our offering is the unique and patented iSpin technology based on the spinner anemometer technology invented by DTU Wind Energy in Denmark. Their goal is to make the iSpin technology a standard technology for the wind industry. Romo Wind is an independent company even though they are backed by industry heavyweight investors such as Vattenfall and ABB. The Swiss venture fund b-to-v and a Swiss family office complete the shareholder base together with the founders. Romo Wind is headquartered in Switzerland and has operations in Denmark, Germany and Spain.

Power-One

Acquisition in 2013
Power-One designs and manufactures energy-efficient power conversion and power management solutions, including inverters for alternative/renewable energy (solar and wind) and products for routers, data storage and servers, wireless communications, optical networking, semiconductor test equipment, industrial markets and custom applications. Power-One, with headquarters in Camarillo, California, has global sales offices, manufacturing, and R&D operations in Asia, Europe, and the Americas. Power-One is a public company listed on NASDAQ under the ticker symbol PWER.

Orbital Marine Power

Venture Round in 2013
Orbital Marine Power Limited specializes in the development and commercialization of floating tidal stream and run-of-river hydrokinetic turbines. The company focuses on reducing the costs associated with installation, maintenance, and decommissioning to make tidal energy more economically viable. Its product lineup includes the SR250, a 250 kW prototype, the Orbital O2, a 2 MW commercial turbine, and the SR2000, designed for fast tidal current areas. Founded in 2002 and based in Kirkwall, United Kingdom, Orbital Marine Power was formerly known as Scotrenewables Tidal Power Ltd. The company has established itself as a leading developer of tidal turbine technology, with extensive testing of various scale models to optimize energy capture from tidal currents, thereby contributing to the global transition away from fossil fuels and promoting lower-cost clean energy solutions.

APS Technology Group

Acquisition in 2013
APS Technology Group is a global supplier of vision-based automation solutions designed to identify containers, trucks, rail equipment, and other transport assets for ports and intermodal container facilities. Headquartered in San Diego, California, the company manufactures and distributes automated process systems that enhance operational efficiency for container terminals, port authorities, and shipping lines. APS's automated gate systems expedite the flow and inspection of trucks, drivers, and equipment at terminal entry and exit points, effectively streamlining manual processes in gate, vessel, rail, and yard operations.
Gresin Grupo Estudios Industriales specializes in refurbishment solutions for mechanical presses.

Industrial Defender

Series B in 2012
Industrial Defender Inc. specializes in cybersecurity, compliance, and change management solutions tailored for operational technology in industries such as electric utilities, chemical processing, transportation, water, and oil and gas. The company provides a range of products, including the Automation Systems Manager, which offers asset management, security event management, configuration management, and compliance reporting. Additional offerings include a Network Intrusion Detection System, Access Manager for critical cyber asset protection, and Compliance Manager to help clients meet auditing requirements. The firm also provides deployment, system monitoring, and managed services to enhance security and operational resilience. Founded in 1996 and based in Foxborough, Massachusetts, Industrial Defender focuses on equipping organizations with the visibility and situational awareness needed to manage cybersecurity risks effectively. The company has established a strategic partnership with Schneider Electric to further enhance its capabilities in safeguarding industrial control systems.

RGM - Rail vehicle power business

Acquisition in 2012
RGM - Rail vehicle power business
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