TotalEnergies Ventures
Profile, fund size and portfolio
TotalEnergies Ventures is the corporate venture arm of TotalEnergies SE (oil, gas and power). It was founded in 2008 and is based in Paris, France. It invests from Series A to Series B in low-carbon energy and carbon neutrality technologies. Status: closed.
- Fund sizeS1
- USD 400M
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Series A to Series B |
| Sectors | Low-carbon energy and carbon |
| Geography | Europe and the United States |
| Offices | Paris, France, San Francisco, United States |
Sources: S7 Carbon Recycling Network: Deep Branch EUR 8M Series A with Total Carbon Neutrality Ventures; S1 Global Venturing: TotalEnergies shutters $400m investment arm; S2 Aster: closes its first secondary operation (TotalEnergies Ventures portfolio).
Data behind this graphic
The firm has not published a portfolio breakdown.
Sources: .
Where it invests and who leads it
Geography
- Headquarters
- Paris, France
- Offices
- Paris, France
- San Francisco, United States
Investment regionsS7S1S2
- Europe and the United States
LeadersS1S2
- Girish NadkarniFormer unit president (left March 2022)Find on LinkedInFirm page
- Cindi ChoiFormer managing director (left February 2023)Find on LinkedInFirm page
- Severine LalandeFormer managing director (moved to another TotalEnergies role)Find on LinkedInFirm page
- Ademidun EdosomwanFormer managing director (left September 2022)Find on LinkedInFirm page
- Benoit SavattierPictured with TotalEnergies at the Aster signing (2023)Find on LinkedInFirm page
Profile in progress. This firm does not yet meet our publishing minimum: sources, launch year, hq city, offices, leaders, stages. It is not indexed by search engines until it does.
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | TotalEnergies SE | Single source | S1 |
| Parent industry | Oil, gas and power | Single source | S1 |
| Founded | 2008 | Single source | S5 |
| Headquarters | Paris, France | Reported by CompassList: Total Ventures profile (HQ Paris | S6 |
| Status | Closed | Single source | S1 |
| Capital source | Parent company only | Single source | S1 |
| Headline size | USD 400M (Fund size) | Single source | S1 |
| Companies backed | 20 | Reported by Aster: closes its first secondary operation (TotalEnergies Ventures portfolio) | S2 |
| Stages | Series A, Series B (inferred from announced rounds) | Estimate | S7 |
Notable outcomes
IPOs and acquisitions of portfolio companies. Price shown only where published.
History
- Fund rebranded Total Carbon Neutrality Ventures.S1
- Vice-president of acceleration and venturing says focus switches to the TotalEnergies On accelerator (per GCV).S1
- TotalEnergies sells most of its CVC portfolio to Aster; Aster raises a dedicated FPCI with North Sky Capital as investor. (PV Tech also reports the sale.)S2
Portfolio
The firm's portfolio page lists 3 companies: 3 active.S1
The firm also states 20 companies backed. The page list and the stated total measure different things.S2
Every company on the TotalEnergies Ventures list
3 companies, as listed on the firm's own website.S1 Read the firm's list.
- OnTruck
- Solidia
- Zola Electric
Official pages
Read the firm's own pages for current information.
Sources
- S1Global Venturing: TotalEnergies shutters $400m investment armPress
- S2Aster: closes its first secondary operation (TotalEnergies Ventures portfolio)Third-party report
- S3PV Tech: TotalEnergies sells most of its CVC assets to AsterPress
- S4TotalEnergies On acceleratorParent company
- S5TotalEnergies press release: Total Energy Ventures invests in Stem (2015; created 2008, Paris)Firm
- S6CompassList: Total Ventures profile (HQ Paris, offices in San Francisco)Third-party report
- S7Carbon Recycling Network: Deep Branch EUR 8M Series A with Total Carbon Neutrality VenturesPress
- S8Angaza: raises $13.5M Series B (Total Carbon Neutrality Ventures participating)Portfolio company
- S9Global Venturing: GCV Emerging Leaders 2022, Cindi ChoiPress
- S10TotalEnergies press release: Total dedicates its $400 million global venture fund to Carbon NeutralityFirm
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by TotalEnergies 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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