Meet our team
Helping our companies succeed and creating strategic value for ABB is at the core of our daily work. We achieve this with a passionate and dedicated team that spans across the globe and offers a deep expertise in various industries.
Core investment team
Managing Director, Head of Ventures, ABB Technology Ventures
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Grant Allen leads ABB Technology Ventures (ATV), ABB’s venture capital arm. Based out of ABB’s Silicon Valley headquarters, he leads ABB’s direct and fund investment activities globally and serves on ABB’s Technology Leadership Team, reporting to the Group CTO.
A VC for over a decade, he has personally led investments in Bonsai (acq. by Microsoft), Industrial Defender (acq. by Lockheed Martin), Validus (acq. by ABB), Persimmon Technologies (acq. by Sumitomo), Atom Power, Element Analytics, Kespry, Soft Robotics, TaKaDu, Trilliant and Vicarious. Areas of interest include robotics, AI, vision/sensing, advanced manufacturing, industrial IoT and cybersecurity.
Prior to ABB, Grant was with Core Capital Partners, a $400M venture fund focused on enterprise software; Microsoft in their Mobile & Embedded Devices division; Jingle Networks (acq. by Marchex for $63M); a strategy consulting firm where he developed complex econometric models; and several start-ups. He is also an active angel investor and a founding member of NextGen Venture Partners in Washington, DC (acq. by Brown Advisory).
Listed on Global Corporate Venturing’s Powerlist 100, and a member of the World Economic Forum’s Technology Pioneer Committee, Allen has been an invited speaker at the ARPA-E Energy Innovation Summit (Washington, DC), GCV Symposium (London), Global Capital Summit (San Francisco), Katapult Future Fest (Oslo), St. Gallen Symposium (St. Gallen, CH), SLUSH (Helsinki), Sting Day (Stockholm), TechCrunch Sessions (Boston), and at MIT, Stanford and Wharton. Allen holds degrees from Duke University’s Pratt School of Engineering and The Wharton School of the University of Pennsylvania. He has also completed executive education at IMD Business School in Lausanne, Switzerland.
Location: San Jose, California, USA
Head of Technology, ABB Technology Ventures
Europe, Israel & China Investments, ABB Technology Ventures
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Kurt holds two graduate degrees in solid state physics, a MSc from Karl-Franzens University Graz and a PhD from Montanistic University Leoben, and is the holder of more than 30 patents and was awarded for different technical publications.
Prior to joining ATV, he spent three years as ABB CTO China and as Director of the ABB Corporate Research Center in China. He was involved in future technology R&D, specifically material testing, fault current limitation, bulk power transmission (HVDC), UHV, distributed generation and robotics. From 2000 till 2007 he was Global ABB Technology Manager for Medium Voltage products development, with responsibility for 14 Development Centers worldwide. For the nine years prior, he was amongst others responsible for high voltage circuit breaker R&D at ABB Switzerland and Head of the Power Test Lab in Switzerland. He invented a new self-blast circuit breaker technology enabling SF6 Technology for ratings of 160 kA and higher, a world first.
Kurt is leading investments in Europe, Israel and China and was involved in about 20 investments so far. Kurt was/is Member of the Board in different portfolio companies such as Orbital Marine Power, Automata, Enervalis, TaKaDu, and PointGrab. Further, he is Advisory Committee member of Tsing Capital and was Committee member of KIC InnoEnergy and Investment Committee member at VI Partners.
He is a frequent speaker at conferences worldwide and has been recognized as Global Corporate Venturing GCV Rising Star 2017 as well as made it on the list of “Most Influential Investors 2019” from Venture360. Kurt was regular member of CIGRE Study Committee for Distributed Generation and was on the advisory board of Souzhou University. Kurt serves as thought leader with long term technology visions for ABB R&D.
Location: Zurich, Switzerland
SVP, Asia Investments, ABB Technology Ventures
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Arvind Vasu started his career in 1992 as a management trainee at ABB in Sweden. He became a manager for ABB’s IT Infrastructure services and was responsible for building the company’s Email, Engineering and ERP Infrastructures. He later joined the Process Automation division at ABB in Sweden and was responsible for Sales & Marketing support to India & China.
During his tenure at ABB, he has held various positions in Sales, Marketing and Management. In 1999, Arvind was part of a Sales & Marketing team based in Malaysia that promoted Automation products and Launched ‘Industrial IT’ in Asia. In 2001, he relocated to Beijing, China and developed the sales of Automation Control Systems & Products through Channel Partners. In 2003, he worked as Sales manager in China for Process Automation with Chemical, Oil & Gas customers.
In 2004, Arvind moved to India to start-up ABB’s Robotics Business Division. He was located in Bangalore, and built the business up from scratch to exceed revenues of 20 MUSD with over 100 employees in 2009.
Arvind left ABB in 2010 and worked with his second start-up at a Finnish Welding products company. He established a subsidiary company in Chennai, India where he worked as Managing Director to build a business catering to the Indian market.
In 2014, Arvind started his own Business Consulting practice in India and helped European small & medium sized companies gain entry to the Indian market. He has supported a variety of Start-ups and established companies dealing in automation, machinery, and IoT. Arvind also worked with several Indian business houses offering them sales training and other business services.
Arvind holds a Bachelor’s degree in Engineering from India and an MSc in Computer Science & Engineering from Chalmers University in Sweden. He has also completed an executive education at IMD Business School in Lausanne, Switzerland.
Location: Chennai, India
Investment Director, SynerLeap
SVP, Northern Europe Investments, ABB Technology Ventures
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Malin Carlström is Senior Vice President at ABB Technology Ventures (ATV) and is based in Stockholm, Sweden. Malin covers Northen Europe and scouts for investment opportunities in companies that are relevant to all of ABB’s industry segments. Before joining ABB in December 2017, Malin has spent thirteen consecutive years as an investor in the Nordic Venture Capital market. Her segments of focus have ranged from hardware and cleantech to fintech, legaltech and edtech, including companies such as Tail-F solutions (multi-vendor network service orchestration solutions; acquired by Cisco for MUSD 175 in 2014) , Mobile Payment Solutions (mobile payment technology; acquired by Nordic Capital in 2014), Fishbrain (world leading market community) and Soundrap (online audio recording studio; acquired by Spotify in 2017). Additionally, Malin is an active advisor and board member of a handful startups in the Stockholm region.
Malin holds degrees from Chalmers University of Technology (MSc Mechanical Engineering – Energy Technology) and University of Kent (Master of Business Administration) and has completed executive education in Corporate Finance at Stockholm School of Economics.
Location: Stockholm, Sweden