SE Ventures

SE Ventures (SEV) is a venture capital fund located in Menlo Park, California, established in close collaboration with Schneider Electric, a global leader in energy management and automation. With $565 million in assets under management, SEV invests in innovative entrepreneurs and companies that can leverage Schneider Electric's extensive expertise, research and development resources, and global client network. The fund focuses on sectors such as energy, mobility, cybersecurity, proptech, IoT, industrial automation, robotics, and software as a service (SaaS). SEV aims to support the development of sustainable and digital solutions for the future, acting as an advisor and strategic partner to pioneering companies. By fostering innovation, SEV contributes to the broader mission of creating a more efficient and sustainable world.

Yasser Ahmed

Gulf Vice President of Buildings

Xavier Biot

Vice President, Power Distribution and Digital Energy in Canada

Christophe Blassiau

Senior Vice President, Cybersecurity and Product Security, Global Chief Information Security Officer and CPSO

Robert Cain

SVP and Chief Information Officer for North America

Amit Chaturvedy

Managing Partner

Amit Chaturvedy

Managing Partner

Jon Hennessy

Senior Associate

Varun Jain

General Partner

Brad Jones

Principal

Maya Lusk

Senior Associate

Maren Schmidt

Vice President, Strategic Alliances, Global, Climate Advisory

Gregoire Viasnoff

VP Business Incubation

Arek Zarowski

Principal

Past deals in Electricity

EEVY

Pre Seed Round in 2022
EEVY makes it easy for businesses, offices, universities and individuals who own private EV chargers to share it to the public. Currently, there are only 60K public chargers available to more than 1M EV drivers in France alone. The demand to have more public chargers available is huge but the burden to install one is massive. Our goal is to make more than 900K private chargers available to the public to simplify the charging experience for EV drivers

WattBuy

Series A in 2021
WattBuy is an online marketplace that assists residents in saving on electricity costs by facilitating the selection of cheaper electricity providers. Founded in 2017, the platform empowers users to make informed decisions about their home electricity expenses by enabling them to browse and choose from a variety of plans available in their area. As several state governments have deregulated the electricity market, homeowners in 14 states can now access over 50 electricity providers and plans tailored to their needs. WattBuy utilizes a personalized recommendation engine to help clients set up electricity plans that align with their preferences and usage, ultimately allowing them to switch to more cost-effective options. The company is supported by the Department of Energy and Techstars Accelerator.

Uplight

Private Equity Round in 2021
Uplight is provider of end-to-end customer-centric technology solutions. Born from the merger of Tendril and Simple Energy, and the acquisitions of FirstFuel, EEme and EnergySavvy, Uplight is the provider of end-to-end customer-centric technology solutions dedicated solely to serving the energy ecosystem.

L&T Electrical & Automation

Acquisition in 2020
L&T’s Electrical & Automation business offers a wide range of products and systems for the distribution, regulation and control of electricity, along with metering products, and is an industry major in system integration. Sectors served include industry, utility, building, infrastructure and agriculture.

Natel Energy

Venture Round in 2020
Natel Energy, Inc. specializes in the design, construction, and sale of restoration hydro turbines (RHTs) that generate renewable electricity from low head water sources such as streams, irrigation canals, and existing low dams. These turbines can be retrofitted to enhance the performance of old units or installed in new developments, offering a cost-effective solution for hydropower compliance and output improvement. In addition to its turbine technology, Natel Energy provides digital services that utilize machine learning and remote sensing to optimize operational efficiency and minimize risks for hydropower owners and operators. The company also offers HydroForecast, which employs satellite imagery and advanced hydrologic modeling to deliver accurate forecasts. Founded in 2005 and headquartered in Alameda, California, Natel Energy aims to contribute to a sustainable and reliable renewable energy grid through its innovative hydropower solutions.

Luminous Power Technologies

Acquisition in 2011
Luminous Power Technologies specializes in manufacturing electric power products, focusing on solutions for telecom infrastructure and renewable energy systems, including solar, wind, and hybrid technologies. The company offers a diverse range of products such as inverter battery combos, home uninterruptible power supplies (UPS), inverters, batteries, and solar off-grid systems. These products are designed for both residential and commercial applications, ensuring reliable power supply and energy management. Luminous Power Technologies aims to meet the growing demand for sustainable energy solutions while enhancing electrical control and safety across various sectors.

Schneider Electric Conzerv India

Acquisition in 2009
Schneider Electric S.A.Schneider Electric Conzerv India Pvt. Ltd. designs, develops, and markets energy management solutions for industrial applications. The company offers meters for measuring volts, amps, frequency, and direct energy reading; meters that enable multitasking management of loads, feeders, and incomers; dual source energy, multifunction, digital, power, energy, and VAF meters; and energy billing systems. It also provides auditing and training services, which enable clients to conserve energy. In addition, the company offers energy management systems, power factor improvement panels, harmonic filters, LT power capacitors, and lighting energy savers, as well as demand controllers, which enable demand control and optimization.

Consumer Powerline

Series A in 2007
ConsumerPowerline’s products and services help their customers pay the least for energy, get the most for energy they buy, and earn the most for what they can reduce. They are unique in how they approach the market - they use deregulated market opportunities to first create new revenue for their customers. This new income and the accompanying new information helps their customers achieve a lot more, a lot sooner with them. The ConsumerPowerline team leverages their unique combination of skills and experience to uncover revenues and savings other firms overlook. ConsumerPowerline offers Strategic Energy Asset Management (SEAM) including comprehensive energy audits and analyses; identification, design, and project management of demand response opportunities; generator uploading, load switching and controls; efficiency consultations; and performance-based contracting. ConsumerPowerline also offers demand response management. They bring clients a means of financing improved energy management by first generating revenues through demand response – which requires no up-front investment and a limited time commitment. In the summer of 2005, ConsumerPowerline helped their New York City customers secure an estimated $6 million by selling their excess capacity back into the energy markets. ConsumerPowerline operates on a national basis with specific emphasis on the New York, New England, and California markets.

Ova G. Bargellini

Acquisition in 2006
Ova G. Bargellini S.P.A. produces electrical material. The company’s electrical material is used in various household and industrial applications, such as plugs, sockets, cable reels, adapters, multiple sockets, accessories, televisions, and telephony material.

Power Measurement

Acquisition in 2005
Power Measurement is a leading provider of enterprise energy management systems for energy suppliers and consumers worldwide. The company's ION(R) web-ready software and intelligent electronic devices comprise a complete real-time information and control network that supports billing for complex energy contracts and helps improve power quality, reduce energy costs and keep operations running enterprise-wide, 24 hours a day.

Clipsal

Acquisition in 2004
Clipsal Australia Pty Ltd. is a manufacturer and supplier of a wide range of electrical products and accessories. The company serves various markets, including residential, commercial, and industrial sectors, as well as data management and home control solutions. Its product offerings include electrician toolkits, switches, power points, lighting solutions, electric vehicle charging stations, and smoke alarms, catering to the needs of interior designers, architects, electricians, and residential builders. Through its comprehensive range of products, Clipsal aims to provide effective electrical solutions for diverse applications.

Nu-Lec Industries Pty Ltd

Acquisition in 2000
Nu-Lec Industries Pty Ltd is a manufacturer of switchgear and controls.

Schneider Electric USA

Acquisition in 1991
Schneider Electric USA, Inc. manufactures and markets industrial control and electrical distribution products and systems. The company offers automation, circuit protection, machine control, motor control, and power management products, as well as transformers.
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