The corporate has resurrected the Schneider Electric Ventures unit it folded into Aster in 2010 and will invest up to $565m through the vehicle.

France-based energy management and automation technology producer Schneider Electric launched a dedicated corporate venturing unit yesterday that will invest between €300m and €500m ($340m to $565m) in startups. Schneider Electric Ventures will target energy efficiency and sustainability, in areas such as energy use and industrial management, and will deploy the capital in direct investments in…

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