ABB is a global leader in power and automation technologies, providing a comprehensive range of products, systems, solutions, and services aimed at enhancing industrial efficiency and reliability. The company's power division focuses on power transmission, distribution, and automation for various utilities and industries, while its automation segment caters to diverse sectors through measurement, control, protection, and process optimization solutions. ABB operates in approximately 100 countries and offers innovations in areas such as smart grids, robotics, renewable energy, and electric mobility. Additionally, ABB Ventures, the company's corporate venture capital arm, invests in breakthrough technology companies that align with ABB's focus on industrial electrification and automation. This strategic approach supports ABB's commitment to advancing technologies like industrial IoT, AI, and energy transition.
Vice President and Head of Group Investment and Portfolio
C P Vyas
Vice President
Past deals in Smart Cities
SensorFact
Acquisition in 2025
Sensorfact offers smart energy savings in the manufacturing industry. The company is a smart advisor for the industry who translates sustainability to day-to-day language and specific actions. No complex sensor technology, no complex software and no complex business models. We make sustainability understandable and transparant.
Lumin
Acquisition in 2025
Lumin is the pioneer and market leader for responsive load control, adding exceptional value to residential microgrids by balancing the needs of energy storage and multiple power sources.
GridBeyond
Series C in 2024
GridBeyond Limited specializes in smart grid optimization solutions that utilize artificial intelligence to support a transition to a zero-carbon future. The company's platform integrates on-site hardware, cloud-based software, and a hybrid battery and demand network, enabling the automation and control of energy demand through machine learning technology. GridBeyond serves a diverse range of sectors, including industrial, manufacturing, and logistics, by connecting distributed energy resources with electricity markets. This approach allows customers to access utility-scale renewable generation and battery storage, thus maximizing efficiency and enhancing grid performance. Founded in 2007 and headquartered in Watford, United Kingdom, GridBeyond also has offices in Dublin, Cork, and Houston.
PAYUCA
Series A in 2023
PAYUCA is a developer of a parking management application designed to facilitate contactless access and payment for off-street parking spaces. The platform enables drivers to locate available parking, reserve spots, and access garages using Bluetooth technology. Additionally, it provides a payment solution for parking tickets. PAYUCA also allows space owners to rent out their unused areas for public parking, helping motorists quickly find and reserve empty spaces. In collaboration with Wien Energie, PAYUCA has installed an e-charging station in Vienna, which users can access via their app, offering a short free trial for testing the service.
Tallarna
Venture Round in 2022
Tallarna is a climate technology company focused on enhancing energy efficiency within the built environment. The company specializes in large-scale decarbonization, providing solutions that include building energy modeling, machine learning, and energy retrofits. Tallarna's platform facilitates access to efficient funding mechanisms, allowing clients to undertake projects without upfront capital expenditure and benefiting from off-balance sheet treatment. Their services aim to deliver guaranteed savings on energy bills while supporting the transition to net-zero emissions. Through its combination of climate tech innovations and financial solutions, Tallarna empowers clients to achieve sustainable and environmentally friendly outcomes.
ChargeLab
Series A in 2022
ChargeLab Inc. is a Toronto-based company that specializes in developing and manufacturing electronic vehicle charging stations and a management platform for electric vehicle charging. Founded in 2015, ChargeLab offers a hardware-agnostic software solution that optimizes and operates various EV charging equipment, making them smarter and easier to use. The company's platform connects, monetizes, and controls charging stations, providing affordable turnkey services that include hardware, software, and installation. ChargeLab serves a diverse clientele, including government entities, multi-national real estate investment trusts, parking operators, and property managers, enabling them to deploy and manage extensive networks of charging stations efficiently.
Vion Technology
Series B in 2017
Vion Technology is a Chinese artificial intelligence firm that specializes in machine vision and develops advanced AI products and solutions tailored for various sectors, including smart cities and business intelligence. The company creates cutting-edge image recognition algorithms and high-performance AI hardware platforms. Its notable products include a smart camera designed for monitoring traffic violations, an intelligent video analysis terminal capable of face and age recognition, and a compact smart camera for counting people. Vion Technology’s solutions enable traffic authorities to automatically identify violations, recognize license plate numbers, and generate tickets by analyzing footage from surveillance cameras, thereby enhancing operational efficiency in smart transportation and urban management.
Tropos Networks
Acquisition in 2012
Tropos Networks is a supplier of systems used to build metro-scale Wi-Fi networks. Tropos' products enable network operators, service providers and government departments to provide ubiquitous, metro-scale, broadband, wireless data coverage for users in any locale. Tropos' solution creates a truly wireless network, free from the requirement of per node wired connectivity associated with Wi-Fi hot spot deployments using access points. Tropos' products enable larger coverage areas, decreased installation costs and decreased operational costs.
Trilliant
Venture Round in 2010
Trilliant is a prominent provider of intelligent network solutions that facilitate the transition to a Smart Grid. Established in 1985, the company specializes in advanced metering infrastructure (AMI), demand response, and grid management solutions, combining hardware, software, and services to create a comprehensive smart grid ecosystem. Trilliant's offerings include installation, program management, and meter revenue cycle services, tailored to meet the diverse needs of utility companies. The company provides a wide range of flexible options, from meter and network infrastructures to full or hybrid outsourcing models. Its smart grid communications platform supports various applications, such as power outage reporting, time-of-use billing, and power quality monitoring, enabling utility operators to optimize asset management and grid performance. Trilliant serves over 100 utility customers, including major names like Duke Energy and Hydro Quebec, and operates as a privately owned entity.
Trilliant
Series B in 2010
Trilliant is a prominent provider of intelligent network solutions that facilitate the transition to a Smart Grid. Established in 1985, the company specializes in advanced metering infrastructure (AMI), demand response, and grid management solutions, combining hardware, software, and services to create a comprehensive smart grid ecosystem. Trilliant's offerings include installation, program management, and meter revenue cycle services, tailored to meet the diverse needs of utility companies. The company provides a wide range of flexible options, from meter and network infrastructures to full or hybrid outsourcing models. Its smart grid communications platform supports various applications, such as power outage reporting, time-of-use billing, and power quality monitoring, enabling utility operators to optimize asset management and grid performance. Trilliant serves over 100 utility customers, including major names like Duke Energy and Hydro Quebec, and operates as a privately owned entity.
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