CVC  ABB Technology Ventures

http://new.abb.com/about/technology/ventures





     Office Locations:

1455 Pennsylvania Avenue NW, Suite 1130
Washington, DC 20004
Phone: 202-638-1256
Fax: 202-737-1311

Get all office locations for this firm with a National Database subscription or Silicon Valley Database subscription.
 

Stages:

  • Expansion
  • Growth


 

Industries:

  • Communications & Networking
  • Information Technology
  • Software & Internet

  •  

    Description:

    Headquartered in Zurich, with offices in Silicon Valley and Washington, D.C., ABB Technology Ventures (ATV) invests in companies of strategic interest to ABB at all stages and in all parts of the world. ATV invests in high potential energy technology companies that improve performance while lowering environmental impact and which can benefit from ABB's technology development resources and global market access. ATV has made venture investments in numerous energy infrastructure and emerging cleantech sectors: smart grid, cyber security, wind power, ocean power, EV charging, and data center power supply and efficiency. Historically investments have ranged from $1-$20 million and most often ATV's investment is not the first institutional money. The group anticipates investing in 4-6 new companies per year with approximately half of those located in North America. The ABB group currently manages around 4,780 active patent families and about 19,890 active patent applications.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Andrew Tang Managing Director
    Girish Nadkarni Managing Director
    Grant Allen Vice President
    Kurt Kaltenegger Head of Technology

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      12/05/2017


      Kespry


      CA


      $33,000,000


      Series C


      08/02/2017


      Enbala Power Networks


      PA


      $17,500,000


      Series B


      05/03/2017


      Bonsai


      CA


      $7,600,000


      Series A Extension


     

    Portfolio companies include:


      Aquamarine Power
        web link


      Bonsai
        web link


      ECOtality
        web link


      Enbala Power Networks
        web link


      Grabit
        web link


      GreenVolts
        web link


      Industrial Defender
        web link


      Kespry
        web link


      Nupharo Park
        web link


      Pentalum
        web link


      Persimmon Technologies
        web link


      Power Assure
        web link


      ROMO Wind
        web link


      Scotrenewables Tidal Power
        web link


      TaKaDu
        web link


      Trilliant
        web link


      Validus DC Systems
        web link


      Vicarious
        web link


     

    Recent News: