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…
This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.