ABB

ABB is a global leader in power and automation technologies, providing a comprehensive range of products, systems, solutions, and services. The company focuses on power transmission, distribution, and power-plant automation, catering to electric, gas, and water utilities, as well as industrial and commercial sectors. Its automation division serves various industries, offering measurement, control, protection, and process optimization applications. ABB operates in approximately 100 countries and is structured around five main divisions: Power Products, Power Systems, Discrete Automation and Motion, Low Voltage Products, and Process Automation. The company has made significant acquisitions, including Baldor Electric Company and a controlling interest in Validus DC Systems. ABB is also involved in digital solutions across industries, including smart grids, robotics, renewable energy, and wireless technologies for mission-critical applications. Furthermore, ABB Technology Ventures, the company's venture capital arm, invests in innovative energy technology companies, focusing on sectors such as smart grids and cleantech, to enhance sustainability and performance.

Malin Carlström

Investor

Past deals in Industrial Engineering

GE Industrial Solutions

Acquisition in 2017
A GE heritage business, Industrial Solutions' story starts 130 years ago with GE's founder, Thomas Edison. Today, Industrial Solutions' engineers and employees embody his entrepreneurial spirit to create innovative, end-to-end product and service solutions. They enable customers in more than 60 countries, across various industries, to overcome their electrical distribution and power challenges.

SVIA

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

Industrial Defender

Series B in 2012
Industrial Defender Inc. specializes in cybersecurity, compliance, and change management solutions for industrial control systems across various sectors, including electric utilities, chemical processing, transportation, water, and oil and gas. The company offers a comprehensive suite of products, such as the Automation Systems Manager, which encompasses asset management, security event management, configuration management, and compliance reporting. Additionally, it provides tools like the Network Intrusion Detection System for threat defense, Access Manager for authentication, and Compliance Manager for meeting regulatory requirements. Industrial Defender also delivers deployment, system monitoring, and backup services. With over 400 clients in 21 countries, the company is recognized as a leader in automation system management, helping organizations enhance operational reliability and reduce risks. Founded in 1996 and based in Foxborough, Massachusetts, Industrial Defender was previously known as Verano, Inc. before rebranding in 2007.