SE Ventures announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology. Backed by Schneider Electric, the global leader in the digitalization of industrial automation and energy management, this move builds upon a 2018 Fund I to bring SE Ventures to €1 billion of committed capital. Fund II will begin deployment in January 2023, doubling down on SE Ventures’ track record of success as an accelerant for category-defining companies in climate-tech, industrial AI, mobility, prop-tech and cybersecurity.
Structured like a typical venture fund, SE Ventures prioritizes agility in decision-making and commercial acceleration of its investments, while providing unparalleled access to Schneider Electric’s global ecosystem of customers and partners. Throughout Fund I, SE Ventures has repeatedly proven the efficacy of its unique model, with investments in over 40 startups and seven venture funds alongside partnership engagement with over 200 startups.
SE Ventures has created a track record of successfully accelerating category-defining companies through a strong and experienced team of investors and operators, who have a deep network of founders, VCs and industry experts. SE Ventures is led by Amit Chaturvedy, Global Head and Managing Partner, along with General Partners, Grant Allen and Varun Jain – a senior team of seasoned professionals with collective investing experience of 40+ years across startups and corporate business development – and supported by a growing team of investment professionals and globally based Operating Partners who are focused on portfolio business development.
Across its entire portfolio, the SE Ventures team takes an outcome-oriented approach to progress, working in stride with each company to explore commercial relationships with Schneider Electric’s businesses, customers and partners while generating near-term value. SE Ventures is currently expanding its global team. In addition to its VC platform, SE Ventures also has an incubation practice led by Gregoire Viasnoff to fund innovative ideas and teams.