ABB

ABB, headquartered in Zurich, Switzerland, is a global leader in power and automation technologies. With operations in over 100 countries, ABB offers a wide range of products, systems, solutions, and services for various industries, including electric, gas, and water utilities, as well as industrial and commercial customers. Its portfolio spans smart grids, robotics, renewable energy, marine vessels, and motors. ABB's business-led venture capital arm, ABB Ventures, invests in breakthrough technology companies aligned with ABB's strategic goals, focusing on sectors such as robotics, industrial IoT, AI/machine learning, energy transition, and electric mobility. Since its inception in 2009, ABB Ventures has deployed around $500 million into startups, with investments typically ranging from $1 to $20 million. Additionally, ABB Product Group Solar operates as a solar inverter business, and ABB Power Systems AB manufactures high-voltage direct current transmission equipment.

Craig McDonnell

Business Line Managing Director

Mads Moeller

Head of Ventures Electrification, Group VP

Mike Mustapha

President

C P Vyas

Vice President

Past deals in Industrial Automation

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 B.V., founded in 2016 and based in Utrecht, the Netherlands, specializes in intelligent energy management systems for small and medium-sized enterprises in the manufacturing sector. The company provides low-cost, non-intrusive wireless sensors that measure real-time energy consumption, enabling businesses to monitor energy flows and identify savings opportunities. By translating sustainability into practical actions, SensorFact simplifies the complex concepts of energy management and sustainability for its clients. Its integrated system not only collects and analyzes data but also offers clear reporting, empowering industries to reduce their energy waste and overall footprint while lowering energy costs.

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.

MOLG

Seed Round in 2024
MOLG is a company based in Virginia, USA, that specializes in developing digital and automation tools tailored for the manufacturing industry. Its primary focus is on a circular manufacturing platform that facilitates the autonomous assembly and disassembly of sustainable products. By leveraging artificial intelligence and robotics, MOLG aims to advance the concept of micro-factories, allowing businesses to enhance transparency and recover value in the circular economy. The company's innovative approach supports manufacturing processes that are both cost-effective and environmentally sustainable.

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.

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.

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.

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.

BrainBox AI

Venture Round in 2023
BrainBox AI Inc. is a Montreal-based company that designs and develops artificial intelligence-driven technology to optimize building heating, ventilation, and air conditioning (HVAC) systems. Founded in 2017, the company utilizes cloud-based computing and deep learning algorithms to create an autonomous solution that enables buildings to operate continuously with maximum energy efficiency. BrainBox AI’s platform automaps HVAC control points and analyzes data to generate predictive maintenance modules, providing building operators with valuable fault detection diagnostics. By optimizing existing HVAC systems, BrainBox AI helps clients significantly reduce energy consumption and carbon emissions, leading to cost savings and enhanced sustainability in building management.

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.

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.

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.

BrainBox AI

Series A in 2021
BrainBox AI Inc. is a Montreal-based company that designs and develops artificial intelligence-driven technology to optimize building heating, ventilation, and air conditioning (HVAC) systems. Founded in 2017, the company utilizes cloud-based computing and deep learning algorithms to create an autonomous solution that enables buildings to operate continuously with maximum energy efficiency. BrainBox AI’s platform automaps HVAC control points and analyzes data to generate predictive maintenance modules, providing building operators with valuable fault detection diagnostics. By optimizing existing HVAC systems, BrainBox AI helps clients significantly reduce energy consumption and carbon emissions, leading to cost savings and enhanced sustainability in building management.

ASTI Mobile Robotics

Acquisition in 2021
ASTI Mobile Robotics SA is a prominent provider of automated intralogistics solutions, specializing in the design, engineering, manufacturing, implementation, and maintenance of automated guided vehicles (AGVs). Established in 1982 and headquartered in Burgos, Spain, the company offers a diverse range of AGVs and traditional materials handling equipment, such as conveyors and handlers, to facilitate the movement of materials and products in factories and warehouses. In addition to its hardware offerings, ASTI Mobile Robotics provides automated storage systems, data storage solutions, and interfaces for enterprise software communication. The company also emphasizes support services, including financial services, engineering, simulations, custom interface development, reengineering, and maintenance. By serving industries such as automotive, food and beverage, pharmaceuticals, manufacturing, and aerospace, ASTI Mobile Robotics aims to enhance clients' competitiveness and operational efficiency.

Oxipital AI

Series B in 2021
Soft Robotics Inc., founded in 2012 and based in Bedford, Massachusetts, specializes in designing, manufacturing, and marketing robotic grippers and control systems. These advanced tools enable the manipulation of items with varying sizes, shapes, and weights, making them suitable for diverse applications in packaging, supply chain, and industrial settings. The company's innovative soft robotic technology, protected by over 40 patents, addresses the challenges of automation by offering high adaptability and reducing system complexity and costs. Their grippers are capable of handling a wide range of objects—from food products to consumer goods—without the need for tool or software changes between tasks. This versatility allows for efficient operations in industries such as food and beverage, medical devices, and e-commerce. Soft Robotics' systems are designed to integrate seamlessly with existing industrial robots and vision systems, providing solutions that enhance productivity and optimize efficiency in high SKU processing and packaging environments. The company aims to unlock the future of automation with its cutting-edge technology that combines speed, precision, and adaptability.

Codian Robotics

Acquisition in 2020
Codian Robotics specializes in the development and manufacturing of delta robots designed for various industrial applications, including agriculture, electronics, packaging, and pharmaceuticals. The company provides flexible, low-maintenance robots that feature open mechanics, allowing them to integrate seamlessly with any machine control platform. This adaptability enables the robots to perform tasks with high speed and precision, significantly reducing downtime and operational costs. By offering tailored solutions, Codian Robotics allows its customers, including machine builders and robot integrators, to concentrate on their core business of developing and selling applications, while benefiting from advanced automation technology that enhances efficiency and cost-effectiveness.

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.

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.

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.

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.

Element

Series A in 2018
Element Analytics, Inc. is a developer of industrial analytics software that transforms raw data into actionable insights for organizations. The company offers two main products: Element AssetHub and Element Unify. Element AssetHub integrates operational historian data with existing industrial systems, effectively managing the complexity and volume of real-time industrial data. Element Unify aligns information technology and operational technology by contextualizing industrial IoT data. The platform enables data and operations teams to automate data preparation, allowing for proactive decision-making and insights. Element Analytics' solutions focus on data standardization, contextualization, and assurance of data trust, as well as providing descriptive, diagnostic, and predictive analytics. The company, which was incorporated in 2014 and rebranded from Servature, Inc. in 2015, is based in San Francisco, California.

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.

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.

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.

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
Soft Robotics Inc., founded in 2012 and based in Bedford, Massachusetts, specializes in designing, manufacturing, and marketing robotic grippers and control systems. These advanced tools enable the manipulation of items with varying sizes, shapes, and weights, making them suitable for diverse applications in packaging, supply chain, and industrial settings. The company's innovative soft robotic technology, protected by over 40 patents, addresses the challenges of automation by offering high adaptability and reducing system complexity and costs. Their grippers are capable of handling a wide range of objects—from food products to consumer goods—without the need for tool or software changes between tasks. This versatility allows for efficient operations in industries such as food and beverage, medical devices, and e-commerce. Soft Robotics' systems are designed to integrate seamlessly with existing industrial robots and vision systems, providing solutions that enhance productivity and optimize efficiency in high SKU processing and packaging environments. The company aims to unlock the future of automation with its cutting-edge technology that combines speed, precision, and adaptability.

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. specializes in providing automation products and technical services tailored for the oil and gas industry. The company develops and sells a range of solutions, including flow computers and software platforms designed for automating oil and gas measurement systems. Their key offerings include Flow-X flow computers, eXLerate for automating custody transfer metering stations and calibration facilities, Flow-Xpert for essential custody transfer calculations, and eXLent, a web-based platform for managing flow computers and measurement data. Spirit IT's solutions support various applications, including well-pad automation, transportation, and custody transfer, enabling end users and system integrators to efficiently create and manage metering solutions.

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.

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.

Powercorp

Acquisition in 2011
Powercorp specializes in automation and intelligent control solutions aimed at optimizing renewable energy generation in isolated grids. The company focuses on integrating renewable energy sources, such as wind and solar, into diesel-powered grids to enhance power quality and stability while reducing emissions and dependence on fossil fuels. Its technologies manage the balance between energy generation and consumption, enabling utility-grade power quality. Additionally, Powercorp provides systems that dynamically store and release energy to address frequency and voltage fluctuations, ensuring the stability of small or remote grids. Through its innovative applications, Powercorp contributes to more sustainable energy management in isolated environments.

Vectek Electronics

Acquisition in 2008
Vectek Electronics engages in designing, manufacturing, and marketing industrial power control equipment.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.