Founded in 2009, ATV has since invested into 29 startup companies and six venture capital funds. Next to traditional VC support, ATV offers its partners access to a deep R&D bench, domain expertise, global customer and channel access, market knowledge and more than four decades experience producing some of the most precise, rugged and functional hardware on the planet as well as being at the forefront in digitally connected and enabled industrial equipment and systems. From the outset of working with potential investments, ATV acts as a bridge between the startup and the key ABB players partnering with ATV.
"As the VC arm of ABB, the company that invented the electrical industrial robot, their expertise and knowledge of the market makes them an excellent partner and advisor." – Carl Vause, CEO of Soft Robotics Inc
Amexci is a Joint Venture between several global industrial enterprises. Its vision is to accelerate the adoption of additive manufacturing and leveraging the full potential of metal 3D printing for the industry partners.
Location: Karlskoga, Sweden
Co-investors: Atlas Copco, Saab, Scania
Atom Power is an early stage start-up developing advanced circuit breakers and connected ‘smart panels’. The Atom Switch is the world’s first truly solid-state breaker for the commercial and industrial building markets. Leveraging novel silicon carbide (SiC) technology, Atom’s breakers are intelligent, self-aware, dynamic and lightning-fast (extremely fast tripping, they can open a circuit up to 700nS of a 60-Hz cycle).
Location: Charlotte, NC
Co-investors: Eaton Corporation
Automata Technologies is an early stage start-up, developing what is essentially a disposable robot with a six degree-of-freedom (DOF) arm that, besides its motors, is constructed nearly entirely of plastic materials. It also has a lifespan of around 4,000 hours. Automata Technologies is attempting to enter the space that exists within the industrial market for low-cost collaborative robot arms for the SME and consumer markets, by providing affordable and easy to use robots and software, offering a robot-as-a-service.
Location: London, UK
Co-investors: Local Globe
Cambridge Medical Robotics is developing the next-generation universal robotic system for minimal access surgery. Their vision is to make minimal access (or keyhole) surgery universally accessible and affordable by significantly expanding the range of procedures that can be performed robotically. CMR successfully completed preliminary cadaveric trials in May 2016, which will inform further cadaveric, animal and first-in-human trials.
Location: Cambridge, UK
Co-investors: LGT Global Invest, Cambridge Innovation Capital
Element Analytics is an industrial analytics software company that makes data work for people, proactively surfacing insight where it's needed most. The Element Platform rapidly transforms data into actionable insight, helping industrial organizations make the best-informed decisions for greater efficiency, sustainability, and profit.
Location: San Francisco, CA, US
Co-investors: Kleiner Perkins, Aster Capital, GE Ventures, Honeywell Ventures, Mitsui
Enbala Power Networks is focused on making the world’s power grids greener and more reliable, efficient and predictable by harnessing the power of distributed energy. Enbala’s real-time energy-balancing platform is transforming energy system operations through its revolutionary, highly flexible approach for creating controllable and dispatchable energy resources. It unobtrusively captures and aggregates available customer loads, energy storage and renewable energy sources to form a network of continuously controlled energy resources. The platform dynamically optimizes and dispatches these resources to respond to the real-time needs of the power system – all without impacting customer operations.
Location: Denver, CO, US and Vancouver, Canada
Co-investors: GE Ventures, National Grid, Obvious Ventures, Chrysalix, EnerTech, Zoma Capital
Enervalis has built a software platform that supports the optimised matching of energy supply and demand by way of intelligent forecasts and controlling a wide array of devices that consume, generate and store energy. This makes the solution into a fundamental building block for a future cost-efficient, smart and green energy network.
Location: Houthalen, Belgium
Co-investors: LRM Investment Fund, Nuhma
GrabIt is poised to revolutionize the multi-billion dollar material handling market with its patented electroadhesion technology. Electroadhesion is a disruptive technology that enables completely new solutions in both manufacturing and warehouse automation. GrabIt’s products offer a flexible, energy-saving technology that enables the handling of delicate and difficult to grasp parts and eliminates custom, part-specific and costly alternatives.
Location:Santa Clara, CA, USA
Co-investors: Formation 8, other strategic investors
Graphmatech is a Swedish materials technology startup company that invents, develops and sells novel Graphene-based nanocomposites materials and services.
Location: Uppsala, Sweden
Co-investors: Walerud Ventures
Kespry provides a platform for drone data capture and analytics which uses AI and Machine Learning to deliver new insights and accelerate operations in industries such as aggregates, mining, construction, and insurance.
Location: Menlo Park, CA, US
Co-investors: G2VP, Lightspeed Ventures, Shell Technology Ventures, Cisco Investments
MineSense, recently named to the Global Cleantech 100, is a pioneer in industrial IoT for large-scale mines. The Company’s fast, scalable, and robust mineral sensing platform provides precise, accurate, real-time grade control and ore routing decisions at the point of extraction for maximum resource conversion and metal recovery, reducing the CO2 emissions and the consumption of wear materials, energy, water and reagents during the whole mining process.
Location: Vancouver, BC, Canada
Co-investors: Prelude Ventures, Chrysalix Venture Capital, Caterpillar Ventures
Northvolt is a Swedish battery manufacturer startup with ambitions to build Europe’s largest and most cutting-edge lithium-ion battery factory with a minimal carbon footprint and highest recycling standards. The factory, located in Skellefteå in the north of Sweden, will include active material preparation, cell assembly, recycling and auxiliaries.
Location: Stockholm, Sweden
Co-investors: Scania, Skelleftea Kraft, Vargas, Vattenfall
PointGrab is an Israeli company, headquartered in Tel Aviv with an US subsidiary. PointGrab’s flagship CogniPoint™ solution, is an edge-analytics sensor for the home and building automation markets. Based on deep-learning technology, the CogniPoint sensor provides users with real-time critical and actionable data about occupants’ activity in a building to save energy, use space efficiently and increase the safety and security of all building occupants. PointGrab is winner of the Home and Building Automation Innovation and Excellence Award by Corporate LiveWire.
Location: Tel Aviv, IL
Co-investors: EcoMachines, Flex, Saar Wilf
ROMO Wind is a product led technology and service company generating its business by improving the performance and increasing the production of wind farms. ROMO focuses in particular on optimizing power generation by technically adjusting wind turbine rotors. There is limited availability in the market of accurate wind measurement technology on wind turbines for assessing, correcting and controlling turbine performance. ROMO Wind owns a unique and patented wind measurement technology capable of highly accurately measuring the speed and direction of the wind that hits the wind turbine. The company has signed contracts with large utility wind farm owners jointly owning approximately 18 GW of wind farm installed capacity – the equivalent of more than four times the entire installed wind power capacity of Denmark.
Location: Zug, Switzerland
Co-investors: Yellow&Blue Investment Management, b-to-v Partners
Orbital Marine Power (previously Scotrenewables Tidal Power) is the developer of an innovative floating tidal energy conversion system that provides a step-change reduction in the cost of marine energy. The concept has undergone intensive testing at increasing scales in both laboratory and open ocean environments since its inception in 2002.
Location: Orkney, UK
Co-investors: Total New Energies, Fred. Olsen
Founded in 2013 out of the Whitesides Research Group at Harvard University, Soft Robotics is enabling a new level of robotic adaptability with its proprietary gripper technology. A single end-of-arm tool can now handle an unprecedented range of objects without the need for tool changes or software modifications between cycles. Soft Robotics has demonstrated the ability to grasp fresh produce, electronic components, consumer goods, and clothing, among other objects, all with a single device. This disruptive capability addresses unmet needs in existing markets and unlocks new markets for cost-effective automated solutions.
Location: Cambridge, MA
Co-investors: Material Impact Fund (North Bridge Ventures), Haiyin Capital, Taylor Foods
Stellapps is India’s first end-to-end dairy supply chain solutions company, in use by over 750,000 farmers daily. Founded in 2011, the Bangalore-based startup is building automated tools leveraging the Internet of Things (IoT) and advanced analytics to improve milk production and quality for the country's dairy farms, collection centers and processors.
Location: Bangalore, India
Co-investors: IndusAge Partners, Qualcomm Ventures, Bill & Melinda Gates Foundation
TaKaDu is a leading provider of Integrated Water Network Management, enabling water utilities to improve efficiency and make smarter decisions. Using advanced statistical and mathematical algorithms, TaKaDu harnesses utility data, translating it into actionable insights and transforming the way water networks operate.
Location: Yehud, Israel
Co-investors: Emerald Technology Ventures, Gemini Israel Funds, Giza Venture Capital, 3M New Ventures
Trilliant offers the energy industry’s only enterprise-wide Smart Communications Platform for connecting the internet of things (IoT) through a secure, standards-based, multi-technology, open spectrum solution. With three decades’ experience and the most field-proven and globally compliant solution, Trilliant maximizes smart grid and smart city investments and makes operations future-ready.
Location: Raleigh, NC, US
Co-investors: GE Ventures, Investor Growth Capital, VantagePoint, MissionPoint, Zouk
Vicarious is a breakthrough artificial intelligence (AI) company building a unified algorithmic architecture to achieve human-level intelligence in vision, language, and motor control. Currently, the company is focused on visual perception problems such as recognition, segmentation, and scene parsing. Using inductive biases drawn from neuroscience, the Vicarious technology requires orders of magnitude less training data than traditional machine learning techniques.
Location: San Francisco, CA
Co-investors: Formation 8, Founders Fund, Khosla Ventures, Data Collective, Initialized Capital, Felicis Ventures and other investors including Elon Musk, Mark Zuckerberg, Marc Benioff, Sam Altman and Peter Thiel
Vion Technologies (BVT) (文安智能) specializes in Intelligent Video Analysis (IVA) technology. The company has developed products in various industries including Intelligent Transportation Systems (ITS), public safety, and people counting systems.
Location: Beijing, China
Co-investors: Samsung, Tsing Capital, Waterwood Group
Bonsai offers an AI platform that empowers enterprises to build and deploy intelligent systems. By completely automating the management of complex machine learning libraries and algorithms, Bonsai enables enterprises to program AI models that improve system control and enhance real-time decision support. Businesses use these models today to increase automation and improve operational efficiency of industrial systems including robotics, manufacturing, supply chain, logistics, energy and utilities. To learn more follow Bonsai on Twitter @BonsaiAI.
Location: Berkeley, CA, US
Co-investors: NEA, Microsoft, Siemens, Samsung
INDUSTRIAL DEFENDER Leading supplier of cybersecurity, compliance and change management solutions for industrial control systems. Lockheed Martin acquired Industrial Defender in April, 2014. Learn more here.
Location: Foxborough, MA
Co-investors: Deep River Ventures
Persimmon Technologies is a leading provider of vacuum robotics and Hybrid-Field 3D printed motor technology for the semiconductor, solar, LED, and flat panel display equipment markets. Headquartered outside of Boston, Massachusetts, Persimmon’s management team has over 60 years of experience in the development, manufacture and distribution of advanced robotics and automation systems worldwide. Persimmon is also the exclusive reseller for Nidec Sankyo atmospheric robots in the United States.
Location: Wakefield, MA, US
Co-investors: Intel Capital, 3M New Ventures, Applied Ventures, Nidec Sankyo
VALIDUS DC SYSTEMS Fully integrated direct current (DC) power solutions for critical infrastructure. Focused on enterprise grade power and cooling solutions for data centers and telecommunication facilities, Validus delivered efficiency gains of up to 30% with fewer components, smaller hardware footprints and heightened reliability. ABB acquired Validus in 2012. Learn more here.
Location: Brookfield, CT
Co-investors: Oak Hill Ventures, DSA Encore
"ABB has long embraced open innovation and our fund investments are an important pillar to support our efforts in partnering with startups by giving us access to the funds opportunities and tapping into the team’s expertise." – Grant Allen, Head of Ventures, ATV
|Origin Fund: Prelude Ventures|
|Location: San Francisco, CA, US|
|Invested Vehicle: Congruent Ventures I ($92M)|
|Representative investments: Sense Photonics, AMP Robotics, PolySpectra, Omnidian|
|Origin Fund: Kleiner Perkins Green Growth Fund|
|Location: Menlo Park, CA, US|
|Invested Vehicle: G2VP I ($300M)|
|Representative investments: Scoop Technologies, Shift, Kespry|
|Origin Fund: NextEra/ FPL Strategic Fund|
|Location: Juno Beach, FL, US|
|Invested Vehicle: Power & Technology Fund I ($250M)|
|Representative investments: AutoGrid, Cylance, Entic Controls, Greensmith, Aquion Energy, Sentient Energy|
|Origin Fund: Tsing Capital|
|Location: Beijing, China|
|Invested Vehicle: China Environment Fund IV ($272M)|
|Representative Investments: iView Limited, Polyera, Horizon, Vion Tech, EHang|
|Origin Fund: Emerald Technology Ventures|
|Location: Zurich, Switzerland / Toronto, Canada|
|Invested Vehicle: Emerald Cleantech Fund III (€100M)|
|Representative investments: TaKaDu, Librestream, SecurityMatters, AlphaICs|
|Origin Fund: VI Partners|
|Location: Zug, Switzerland|
|Invested Vehicle: Venture Incubator Evergreen Fund (CHF101M)|
|Representative investments: SilentSoft, Gamaya, Avalon Photonics, Hybris Software|