• Since its founding, SE Ventures has invested €500 million in 40+ corporations, together with 6 Unicorns

SILICON VALLEY, Calif., Nov. 9, 2022 /PRNewswire/ — SE Ventures, a premier early-stage Venture Fund, is celebrating its fifth anniversary this 12 months. Since its founding, SE Ventures has dedicated near €500 million in early-stage corporations with a deal with digitization, electrification and sustainability. Across its 40 direct investments and seven funds, SE Ventures has created a best-in-class enterprise portfolio that additionally included early bets in unicorns like industrial cyber-physical programs safety startup, Claroty, and IoT and AI-driven machine studying firm, Augury.

“At Schneider Electric, we believe a more electric and digital world is key to addressing the climate crisis – and that innovation is how we move from realization to the reality of a net-zero world,” stated Nadège Petit, Chief Innovation Officer of Schneider Electric. “We created SE Ventures to be that innovative engine, driving technology breakthroughs and value creation for businesses and customers, and bringing to market new solutions, services and businesses that will accelerate and enable a more sustainable future. We are so proud of SE Ventures’ success these first five years – and yet, in many ways, this is just the beginning. Our commitment to innovation is stronger than ever.”

Schneider Electric launched SE Ventures in 2017 as a brand new breed of VC platform, with a broad mandate to spend money on rising areas – resembling local weather applied sciences, robotics, AI, provide chain resiliency and cybersecurity – and disruptive startups which can be reshaping the way forward for sustainability and power effectivity. As a contemporary and agile VC fund, SE Ventures operates with autonomy in funding decision-making, whereas creating business acceleration alternatives for its portfolio by unparalleled entry to Schneider Electric’s ecosystem of enterprise leaders, clients and companions. Recent investments embody AiDash, Claroty, Enable and WattBuy.

“The SE Ventures team has been an integral part of WattBuy’s success, going above and beyond to be true thought and action partners,” stated Naman Trivedi, CEO of WattBuy. “Not only have they provided us with countless introductions to Schneider’s family of companies as potential customers, but their status as one of the most active and well-respected climate tech investors in the world has brought other amazing investors to the table. Without a doubt, our work with SE Ventures has significantly enhanced WattBuy’s success, strategy, and trajectory.”

“SE Ventures is a forward-leaning platform that’s redefining how corporate-backed VC funds should be operationalized for lasting impact in the market,” stated Yaniv Vardi, Chief Executive Officer of Claroty. “We envision a future where cyber and physical worlds safely connect to sustain our lives, and having the support of SE Ventures and being part of Schneider Electric’s ecosystem has empowered Claroty to make this vision a reality. We are proud to be part of this dynamic team, and excited for what’s ahead.”

SE Ventures Continues to Build Leadership Team

SE Ventures has created a observe document of efficiently investing in and accelerating category-defining corporations by a robust and skilled crew of traders and operators, who’ve a deep community of founders, VCs and trade consultants. SE Ventures is led by Amit Chaturvedy, Global Head and Managing Partner, together with General Partners, Grant Allen and Varun Jain – a senior crew of seasoned professionals with collective investing expertise of over 40 years throughout startups and company enterprise improvement – and supported by its globally primarily based Operating Partners.

Across its complete portfolio, the SE Ventures crew takes a metrics-driven method to progress, working in stride with every firm to discover business relationships with Schneider Electric’s companies, clients and companions whereas producing near-term worth. SE Ventures is at the moment trying to broaden its crew of Investment Partners and Operating Partners. In addition to its VC platform, SE Ventures additionally has an Incubation apply led by Gregoire Viasnoff to fund revolutionary concepts and groups.

“At SE Ventures, we believe that innovation is key to unlocking solutions to the world’s most pressing challenges, and there’s never been a more important time for innovation to take root than now,” stated Chaturvedy. “Global energy demand is at a tipping point, climate change is visible all around us, infrastructure is outdated, and companies and customers are demanding greater stability and resiliency. Look no further than our portfolio to see how SE Ventures is tackling these unprecedented times and setting a high standard for engaging with the startup ecosystem.”

About Schneider Electric  

Schneider’s objective is to empower all to profit from our power and assets, bridging progress and sustainability for all. We name this Life Is On. 

Our mission is to be your digital companion for Sustainability and Efficiency. 

We drive digital transformation by integrating world-leading course of and power applied sciences, end-point to cloud connecting merchandise, controls, software program and providers, throughout your complete lifecycle, enabling built-in firm administration, for properties, buildings, information facilities, infrastructure and industries. 

We are essentially the most native of worldwide corporations. We are advocates of open requirements and partnership ecosystems which can be captivated with our shared Meaningful Purpose, Inclusive and Empowered values.  

About SE Ventures

SE Ventures is a world enterprise capital fund backed by Schneider Electric. SE Ventures backs massive concepts and daring entrepreneurs who can profit from Schneider’s deep area experience and international buyer attain. SE Ventures has been appearing as a strategic business accelerant for category-defining corporations resembling Augury, Claroty, Aquant, AutoGrid, Poka, Scandit, Volta and different startups spanning power, mobility, prop-tech, cybersecurity and industrial automation

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SOURCE Schneider Electric