ABB Ventures
Profile, fund size and portfolio
ABB Ventures is the corporate venture arm of ABB Ltd (electrification and automation). It was founded in 2009 and is based in Zurich, Switzerland. It invests from Series A to Series B in industrial electrification, automation and robotics, industrial IoT.
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Series A to Series B |
| Sectors | Industrial electrification, Automation and robotics, Industrial IoT, AI and machine learning, Energy transition, Cybersecurity |
| Geography | Europe and North America |
| Offices | Zurich, Switzerland |
Sources: S1 ABB Ventures home; S6 Global Venturing: Powerlist 2026, Mads Moller, ABB Electrification Ventures.
Data behind this graphic
| Item | Companies | Share |
|---|---|---|
| Active | 45 | 71.4% |
| Exited | 18 | 28.6% |
Status as the firm tags it
Sources: S4 ABB Ventures portfolio CMS JSON (investments.model.json).
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | USD 500M | Cumulative invested | Stated by the firm or its parent | S1 |
| Companies backed | 50 | companies | Stated by the firm | S1 |
| Companies on the firm's portfolio page | 63 | companies | Counted from the firm's own list | S4 |
Sources: S1 ABB Ventures home; S4 ABB Ventures portfolio CMS JSON (investments.model.json).
Where it invests and who leads it
Geography
- Headquarters
- Zurich, Switzerland
- Offices
- Zurich, Switzerland
Investment regionsS1S6
- Europe and North America
LeadersS2
- Mads MøllerVP, Head of Ventures (ABB Electrification Ventures)LinkedInFirm page
- Cal StockInvestment Principal (ABB Electrification Ventures)Find on LinkedInFirm page
- Alexander KollogeInvestment Manager (ABB Electrification Ventures)Find on LinkedInFirm page
- Fatima Ben LarbiOpen Innovation Specialist (ABB Electrification Ventures)Find on LinkedInFirm page
- Manuel ElterInvestment Analyst (ABB Electrification Ventures)Find on LinkedInFirm page
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | ABB Ltd | Single source | S1 |
| Parent industry | Electrification and automation | Single source | S1 |
| Founded | 2009 | Single source | S1 |
| Headquarters | Zurich, Switzerland | Reported by Wikipedia: ABB Group (headquartered in Zurich) | S11 |
| Status | Active | Single source | S1 |
| Capital source | Parent company only | Single source | S1 |
| Headline size | USD 500M (Cumulative invested) | Single source | S1 |
| Companies backed | 50 | Single source | S1 |
| People on the team page | 8 | Single source | S2 |
| Stages | Series A, Series B | Single source | S1 |
Notable outcomes
IPOs and acquisitions of portfolio companies. Price shown only where published.
| Company | Type | Year | Acquirer or exchange | Price | Source |
|---|---|---|---|---|---|
| WindESCo | Acquisition | S3 | |||
| Bonsai | Acquisition | S3 | |||
| Enbala | Acquisition | S3 | |||
| Enervalis | Acquisition | S3 | |||
| InCharge | Acquisition | S3 | |||
| Industrial Defender | Acquisition | S3 | |||
| NuMoCity | Acquisition | S3 | |||
| Orbital Marine Power | Acquisition | S3 | |||
| Persimmon Technologies Corp. | Acquisition | S3 | |||
| Romo Wind | Acquisition | S3 | |||
| Spear Power | Acquisition | S3 | |||
| Trilliant | Acquisition | S3 | |||
| Validus DC Systems | Acquisition | S3 | |||
| Vicarious | Acquisition | S3 | |||
| Element Analytics | Acquisition | S3 |
Portfolio
The firm's portfolio page lists 63 companies: 18 exited, 45 active.S4
The firm also states 50 companies backed. The page list and the stated total measure different things.S1
| Tag | Companies | Share |
|---|---|---|
| Exited | 18 | 28.6% |
| Active | 45 | 71.4% |
Every company on the ABB Ventures list
63 companies, as listed on the firm's own website: 45 active, 18 exited.S4 Read the firm's list.
Active 45
- AFC Energy
- Amexci
- Automata Technologies
- Cassia Networks
- ChargeLab
- CMR Surgical
- DG Matrix
- Direct Energy Partners
- Edgecom Energy
- Eneryield
- Enline
- Everactive
- FreeWire
- Graphmatech
- Gridbeyond
- Gridcog
- Hailo
- HESStec
- IMSystems
- Key DH Technologies
- LevelTen Energy
- Mavenoid
- MineSense
- Molg
- Morrow Batteries
- MTEK
- Natron Energy
- Ndustrial
- Northvolt
- OctaiPipe
- OKTO GRID
- PointGrab
- Pratexo
- Samotics
- Scalable Robotics
- Sevensense
- Soft Robotics
- Stellapps
- TaKaDu
- Uptime AI
- UU Green
- Viking Analytics
- Vion Technologies
- YKC
- Zaphiro
Exited 18
- Atom Power
- Bonsai
- BrainBox AI
- Element Analytics
- Enbala
- Enervalis
- InCharge
- Industrial Defender
- Lumin
- NuMoCity
- Orbital Marine Power
- Persimmon Technologies Corp.
- Romo Wind
- Spear Power
- Trilliant
- Validus DC Systems
- Vicarious
- WindESCo
For founders
| Item | What the firm says | Source |
|---|---|---|
| Stages | Series A, Series B | S1 |
| Check size, Series A | USD 2M to USD 10M | S1 |
| Check size, Series B | USD 2M to USD 10M | S1 |
| Leads rounds | Sometimes. "ABB Electrification Ventures has led Gridcog's US$10 million Series A" | S8 |
| Beyond capital | Access to customers, domain expertise and ABB's global infrastructure and ecosystem; Site: acts as a bridge between the startup and key ABB players; access to R&D bench, channel access and market knowledge | S6 |
Recent rounds
| Date | Company | Round | Amount | Led by the firm | Source |
|---|---|---|---|---|---|
| 2026-07-14 | Gridcog | Series A | USD 10M | S8 |
History
Where sources disagree
- Launch year: 2009 (home and portfolio pages) (S1) vs 2010 (Gridcog release: 'Since its formation in 2010'; snapshot 'since 2010') (S7). Firm sources differ by one year.S1S7
- Companies backed: 50 active portfolio companies, 82 investments since 2010 (home page) (S1) vs 48 cards on the portfolio page across 5 tabs (parsed from CMS JSON; Exit-marked cards included) (S4) vs Electrification unit only: 18 companies since 2021 (site) vs 16 startups (Gridcog release) vs 15 entities managed (GCV) (S5). Group-wide and unit-level counts on different dates and bases.S1S4S5
Official pages
Read the firm's own pages for current information.
Sources
- S1ABB Ventures homeFirm
- S2ABB Ventures teamFirm
- S3ABB Ventures investment portfolioFirm
- S4ABB Ventures portfolio CMS JSON (investments.model.json)Firm
- S5ABB Electrification Ventures pageFirm
- S6Global Venturing: Powerlist 2026, Mads Moller, ABB Electrification VenturesPress
- S7PR Newswire: ABB invests in GridcogParent company
- S8Gridcog: US$10m Series A led by ABBPortfolio company
- S9VERBUND X Ventures invests in GridcogThird-party report
- S10Mads Moller LinkedIn (search result headline, VP ABB Electrification)Third-party report
- S11Wikipedia: ABB Group (headquartered in Zurich)Third-party report
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by ABB Ventures or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
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