ABB
800 Hymus Boulevard, Saint-Laurent, QC, H4S 0B5, Canada
Overview
ABB is engaged in power and automation technologies. The company provides a range of products, systems, solutions, and services. Its power businesses focus on power transmission, distribution, and power-plant automation and serve electric, gas and water utilities, as well as industrial and commercial customers. Its automation businesses serve a range of industries with measurement, control, protection, and process optimization applications. It operates in approximately 100 countries across four regions: Europe, the Americas, Asia, and the Middle East and Africa (MEA). During the year ended December 31, 2011, the business consisted of five divisions: Power Products, Power Systems, Discrete Automation and Motion, Low Voltage Products and Process Automation. On January 26, 2011, the company acquired Baldor Electric Company (Baldor). In May 2011, it purchased a controlling interest in United States-based Validus DC Systems.
- Total investments
- 20
- Lead investments
- 6
- Investments · 12mo
- 4
- Active investors
- 10
Sector focus
- Automotive
- Electrical Distribution
- Energy
- Energy Management
- Industrial Automation
- Robotics
Investment portfolio
- Gridcog
Led · Series A · Jul 2026
Gridcog builds energy modelling and simulation software used by businesses to plan and optimise decentralised clean energy projects. Its platform is already deployed by several global enterprises, including Shell, Greenvolt, Perth Airport, AGL and Ausnet Services. The company is Australian-founded and operates offices across the UK, Europe and Australia. Gridcog plans to use the $12.5 million Series A to deepen its technology platform and expand its commercial, customer and product teams. The company positions its software as significantly faster and more transparent than traditional spreadsheet-based modelling, aiming to support more bankable and accelerated energy transition projects.
- Oktogrid
Participated · Equity · Jul 2026
Founded in Copenhagen in 2019, Oktogrid builds a patented magnetic-adhesion sensor and an AI-driven software platform to monitor transformer condition, predict faults, recommend maintenance, optimise capacity and estimate remaining life. Its sensor installs in under 15 minutes and collects acoustic and operational signatures fed into the company’s analytics platform. The company reports more than 45 customers, including 12 utilities added in the last 24 months, deployments across three continents, monitoring of over 1 GW of critical infrastructure and over 5 million hours of transformer data in production. Oktogrid says its technology has detected 26 early faults, freed more than 8,600 hours of technical work, unlocked 198 MVA of additional capacity and extended monitored asset life by an average of 15 years. With the new €4 million round, Oktogrid intends to scale internationally, expand its fleet-management product capabilities and enter low-voltage distribution grid markets to broaden its addressable market.
- GridBeyond
Participated · Equity · Mar 2026
GridBeyond develops hardware and software to coordinate distributed energy resources—solar, wind, batteries, hydropower—and flexible industrial and commercial loads to operate as virtual power plants. The company manages approximately 1 gigawatt of generation and storage and several gigawatts of demand-side flexibility, including a 200-megawatt battery installation in California. GridBeyond’s controllers and software are deployed across sites in Australia, Ireland, Japan, the UK, and the United States. Its platform enables rapid response and market participation, allowing batteries and flexible loads to perform grid balancing and power arbitrage. The company is using the newly raised €12 million equity to expand its portfolio of managed assets and deployments.
- DG Matrix
Participated · Series A · Feb 2026
DG Matrix’s core product, the Interport, is a solid-state transformer that acts like a power router, combining and distributing electricity from sources such as solar, batteries and the grid. Each Interport can handle up to 2.4 MW, replacing multiple legacy transformers and uninterruptible power supplies while shrinking space requirements from two large skids to a single four-by-four-foot unit. The device boosts overall conversion efficiency to 95-98% compared with 82-90% for traditional setups and reduces component count by as much as 85%, which the company says should increase reliability. Initial customer units are rolling out in June, and 90% of the sales pipeline targets data centers, with the remainder focused on fleet EV charging. DG Matrix is also developing a rack-level “sidecar” product and envisions deploying Interports in micro- and mini-grids for remote communities to alleviate energy poverty. Future expansion plans include broader building-power applications and larger grid-edge projects. The company’s financial footing was strengthened by a recent $60 million Series A round, its first disclosed institutional raise.
- Automated Architecture
Participated · Equity · Jun 2025
AUAR combines compact robotic Micro‑Factories with proprietary MasterBuilder software to automate design-to-manufacture for timber homes. Builders rent Micro‑Factories that locally produce full timber structures in about 12 hours, cutting on‑site labour by up to 75% and lowering costs by 30–40%. The platform automates planning, fabrication, and project workflows to increase speed, control, and capacity across the construction value chain. In the past year AUAR worked on over 300 homes and delivered multiple projects in Belgium while developing a research facility called “ConstrucThor.” The company plans to scale its team and partner ecosystem and launch operations across Benelux, DACH, and the Nordics. By 2030 AUAR aims to have customers produce over 100,000 carbon‑negative homes in more than 10 geographies. AUAR develops an automated construction platform that combines Robotic Micro‑Factories with AUAR MasterBuilder, a design-to-manufacturing software suite. The product aims to increase efficiency, predictability and oversight while reducing financial risk and environmental costs for the construction value chain, homebuilders, developers and manufacturers. Led by CEO Mollie Claypool, the company focuses on manufacturing mid-rise timber housing. AUAR plans to scale up its building system and micro-factory platform to produce buildings up to six storeys. The company received a £341K Smart Grant from Innovate UK to support that effort. A 14-month project beginning January 2025 will develop a mid-rise prototype for testing, performance evaluation and regulatory compliance. Automated Architecture is a London‑based tech company (founded in 2019) developing a distributed micro‑factory network for sustainable timber housing. It licenses low‑CapEx robotic micro‑factories and an integrated tech stack to existing home builders, enabling local ecosystems of communities, contractors, architects and developers to produce low‑energy homes at scale. The company’s model aims to deliver high‑quality, sustainable timber homes at costs comparable to normal homes by increasing margins and productivity through robots and AI. Management says the solution lowers end‑user costs while helping construction companies meet sustainability targets. The company will use the new funding to grow its partner license network by ten more partners and to expand operations in the US. No operating metrics (revenue/users) were disclosed in the article.
Team
Kevin Starr
Service lead for digital transformation and business development for Process Industries
LinkedInColby Graves
MidCon Territory Manager
LinkedInBabu Kuttala
Chief Data & Analytics Officer
LinkedInHeymen Jansen
Group Vice President, Head of Advanced Process Analytics Quality & Supply Chain
LinkedIn