SE Ventures

SE Ventures, established in 2017, is the corporate venture capital arm of Schneider Electric, headquartered in Menlo Park, California. As a $1B+ fund, SE Ventures invests in innovative startups operating in energy management, electric mobility, cybersecurity, artificial intelligence, and industry 4.0 sectors. The fund leverages Schneider Electric's deep domain expertise and global customer reach to accelerate the growth of category-defining companies in climate and industrial technology.

Yasser Ahmed

Gulf Vice President of Buildings

Xavier Biot

Vice President, Power Distribution and Digital Energy in Canada

Robert Cain

SVP and Chief Information Officer for North America

Amit Chaturvedy

Managing Partner

Julien Cristiani

General Partner

Varun Jain

General Partner

Brad Jones

Principal

Maya Lusk

Senior Associate

Adrian Thomas

Country President

Past deals in Industrial Automation

Nozomi Networks

Series E in 2024
Nozomi Networks Inc. is a cybersecurity company specializing in operational technology (OT) and Internet of Things (IoT) security solutions. Founded in 2013 and headquartered in San Francisco, California, the company develops a platform that offers real-time visibility into network communications and device behavior, enhancing awareness of OT and IoT networks. Its flagship product, Guardian, monitors these networks and is supported by services such as Asset Intelligence and Threat Intelligence, which provide continuous updates on device profiles and threat data. The Central Management Console facilitates unified visibility and management across various sites and devices. Nozomi Networks serves a diverse range of industries, including energy, manufacturing, transportation, and utilities, addressing the increasing cyber risks faced by operational networks. Through its solutions, the company aims to improve cybersecurity, operational reliability, and the integration of IT and OT systems for its customers.

Claroty

Venture Round in 2024
Claroty Ltd. is an industrial cybersecurity company based in New York, established in 2014. It specializes in operational technology (OT) security, providing a platform that helps organizations protect and optimize their OT, IoT, and IIoT assets. Claroty's services focus on discovering critical data within industrial networks, including industrial control systems and supervisory control and data acquisition (SCADA) systems. The company's platform integrates seamlessly with existing infrastructure to deliver comprehensive cybersecurity controls, including visibility, threat detection, risk and vulnerability management, and secure remote access. This approach enables organizations to enhance the safety and reliability of their assets and networks while minimizing downtime and improving operational efficiency.

UnitX

Venture Round in 2023
UnitX provides an inspection solution based on deep learning for automated manufacturing. The company specializes in deep learning, robotics, imaging systems, and precision engineering.

Clockworks Analytics

Series E in 2023
Clockworks Analytics specializes in automated diagnostics and building performance management software tailored for facility managers, engineers, and service providers. Its flagship platform, Clockworks, is utilized globally to enhance energy efficiency, facilitate proactive maintenance, and improve overall building operations. The software equips users with tools to identify and prioritize energy savings opportunities while providing access to building data and diagnostics in real-time. This capability supports the optimization of commissioning processes, LEED projects, and performance-based incentive programs, ultimately contributing to sustained energy savings and more comfortable environments within managed buildings.

Pico MES

Series A in 2023
Pico MES Inc. is a software development company based in San Francisco, California, specializing in manufacturing processes data collection and analytics tailored for factories in the United States. Founded in 2019, the company offers a manufacturing execution system that integrates with various factory tools, facilitating data capture and enhancing visibility across the supply chain. By transitioning numerous mid-sized factories from paper-based systems to digital solutions, Pico MES has significantly improved product quality in sectors such as battery manufacturing, automotive, and aerospace. Its software provides essential functionalities, including digital work instructions, process error-proofing, and analytics, empowering manufacturers to optimize productivity and continuously improve operations.

Aveva Group

Acquisition in 2022
AVEVA is an engineering IT software provider based in Cambridge, United Kingdom, with over 40 years of experience in transforming industries through innovative information technology solutions. Founded in 1967, the company specializes in developing software for various sectors, including oil and gas, marine, power, petrochemical, chemical, and pharmaceuticals. AVEVA offers a range of services, including engineering design and information management, aimed at enhancing collaboration among businesses, customers, suppliers, and partners. Its solutions empower organizations to improve operational efficiency and drive progress across multiple markets, including construction and fabrication, mining, and paper and pulp industries.

Synapticon

Venture Round in 2022
Synapticon GmbH is a German company that specializes in advanced components and engineering services for cyber-physical systems, particularly in the fields of service robotics and industrial automation. Founded in 2010 and based in Gruibingen, Synapticon develops embedded computing products that facilitate distributed real-time control and data acquisition, as well as mobile stream computing modules for compute-intensive applications. The company offers tools for configuring and programming its hardware systems, along with cloud services for maintenance and integration with custom web applications. By integrating traditionally discrete components like motors, drives, sensors, and gearboxes into cohesive units, Synapticon enhances motion control technology, allowing clients to create intelligent systems with certified safety functions. Its products are utilized across various sectors, including industrial automation, home automation, smart grids, and the Internet of Things, catering to OEMs and professional users.

Claroty

Series E in 2021
Claroty Ltd. is an industrial cybersecurity company based in New York, established in 2014. It specializes in operational technology (OT) security, providing a platform that helps organizations protect and optimize their OT, IoT, and IIoT assets. Claroty's services focus on discovering critical data within industrial networks, including industrial control systems and supervisory control and data acquisition (SCADA) systems. The company's platform integrates seamlessly with existing infrastructure to deliver comprehensive cybersecurity controls, including visibility, threat detection, risk and vulnerability management, and secure remote access. This approach enables organizations to enhance the safety and reliability of their assets and networks while minimizing downtime and improving operational efficiency.

Titan Advanced Energy Solutions

Series B in 2021
Titan Advanced Energy Solutions, Inc. is a developer of advanced battery management systems specifically for lithium-ion batteries. Founded in 2016 and based in Somerville, Massachusetts, the company utilizes patented ultrasound technology to enhance battery performance, achieving over 99% accuracy in state of health and state of charge assessments. This technology offers substantial benefits, including a minimum 20% increase in charge capacity and a 125% extension in battery life, while also providing real-time monitoring and balancing at the cell level. Titan's solutions cater to various industries, including electric vehicles, stationary energy storage, mobile devices, and battery manufacturing. Their ionView technology is competitively priced compared to traditional systems, delivering significant advantages to manufacturers, integrators, and end-users in the automotive and consumer markets, thereby contributing to the electrification and decarbonization efforts for a sustainable future.

Aquant

Series C in 2021
Aquant, Inc. is a technology company that specializes in service lifecycle optimization through its advanced platform, which utilizes machine learning to address equipment downtime and repeat service requests. Founded in 2016 and headquartered in New York, with an additional office in Tel Aviv, Aquant’s platform monitors equipment in real-time, aggregates signals, and predicts faults, thereby providing insights into the root causes of equipment failures. It also enhances operational efficiency by optimizing van stock, analyzing historical usage, and forecasting future demand. Aquant's solutions include automated insights, job prioritization, parts pickup optimization, and risk assessment, catering to industries such as life sciences, medical equipment, capital equipment, and food service. By transforming unstructured data into actionable insights, Aquant empowers companies to make informed, data-driven decisions that minimize unplanned downtime and improve service efficiency.

Claroty

Series D in 2021
Claroty Ltd. is an industrial cybersecurity company based in New York, established in 2014. It specializes in operational technology (OT) security, providing a platform that helps organizations protect and optimize their OT, IoT, and IIoT assets. Claroty's services focus on discovering critical data within industrial networks, including industrial control systems and supervisory control and data acquisition (SCADA) systems. The company's platform integrates seamlessly with existing infrastructure to deliver comprehensive cybersecurity controls, including visibility, threat detection, risk and vulnerability management, and secure remote access. This approach enables organizations to enhance the safety and reliability of their assets and networks while minimizing downtime and improving operational efficiency.

Clockworks Analytics

Series D in 2020
Clockworks Analytics specializes in automated diagnostics and building performance management software tailored for facility managers, engineers, and service providers. Its flagship platform, Clockworks, is utilized globally to enhance energy efficiency, facilitate proactive maintenance, and improve overall building operations. The software equips users with tools to identify and prioritize energy savings opportunities while providing access to building data and diagnostics in real-time. This capability supports the optimization of commissioning processes, LEED projects, and performance-based incentive programs, ultimately contributing to sustained energy savings and more comfortable environments within managed buildings.

L&T Electrical & Automation

Acquisition in 2020
L&T’s Electrical & Automation business offers a wide range of products and systems for the distribution, regulation and control of electricity, along with metering products, and is an industry major in system integration. Sectors served include industry, utility, building, infrastructure and agriculture.

Element

Series B in 2020
Element Analytics, Inc. is a developer of industrial analytics software that transforms raw data into actionable insights for organizations. The company offers two main products: Element AssetHub and Element Unify. Element AssetHub integrates operational historian data with existing industrial systems, effectively managing the complexity and volume of real-time industrial data. Element Unify aligns information technology and operational technology by contextualizing industrial IoT data. The platform enables data and operations teams to automate data preparation, allowing for proactive decision-making and insights. Element Analytics' solutions focus on data standardization, contextualization, and assurance of data trust, as well as providing descriptive, diagnostic, and predictive analytics. The company, which was incorporated in 2014 and rebranded from Servature, Inc. in 2015, is based in San Francisco, California.

Retrolux

Grant in 2019
Retrolux is a developer of a cloud-based and mobile software platform that focuses on upgrading energy systems in commercial buildings. Their Smart Energy scaleOS software enhances contractor productivity, streamlines product purchases through a digital marketplace, and automates project discovery using a proprietary machine learning recommendation engine. By transforming the traditional sales channel for commercial building energy upgrades, Retrolux provides integrated sales and installation tools that enable contractors, project owners, and suppliers to efficiently identify, design, and execute cost-effective energy retrofit projects. The company generates revenue through license fees from project developers and transaction fees from suppliers.

Titan Advanced Energy Solutions

Series A in 2019
Titan Advanced Energy Solutions, Inc. is a developer of advanced battery management systems specifically for lithium-ion batteries. Founded in 2016 and based in Somerville, Massachusetts, the company utilizes patented ultrasound technology to enhance battery performance, achieving over 99% accuracy in state of health and state of charge assessments. This technology offers substantial benefits, including a minimum 20% increase in charge capacity and a 125% extension in battery life, while also providing real-time monitoring and balancing at the cell level. Titan's solutions cater to various industries, including electric vehicles, stationary energy storage, mobile devices, and battery manufacturing. Their ionView technology is competitively priced compared to traditional systems, delivering significant advantages to manufacturers, integrators, and end-users in the automotive and consumer markets, thereby contributing to the electrification and decarbonization efforts for a sustainable future.

OSIsoft

Acquisition in 2019
OSIsoft, LLC specializes in providing real-time data infrastructure solutions through its flagship product, the PI System. This enterprise infrastructure enables the connection of sensor-based data, operations, and personnel to facilitate actionable insights across various industries, including manufacturing, energy, utilities, life sciences, and critical facilities. The PI System allows organizations to analyze, collect, and visualize operational data, thereby improving processes, compliance, and asset health while identifying new market opportunities. Additionally, OSIsoft offers the PI Integrator, which integrates sensor-based data with advanced analytics and visualization tools. Founded in 1980 and headquartered in San Leandro, California, OSIsoft serves a global customer base with installations in over 100 countries and has established strategic partnerships with prominent companies such as Microsoft and SAP. OSIsoft, LLC operates as a subsidiary of Estudillo Holdings Corp.

Synapticon

Venture Round in 2019
Synapticon GmbH is a German company that specializes in advanced components and engineering services for cyber-physical systems, particularly in the fields of service robotics and industrial automation. Founded in 2010 and based in Gruibingen, Synapticon develops embedded computing products that facilitate distributed real-time control and data acquisition, as well as mobile stream computing modules for compute-intensive applications. The company offers tools for configuring and programming its hardware systems, along with cloud services for maintenance and integration with custom web applications. By integrating traditionally discrete components like motors, drives, sensors, and gearboxes into cohesive units, Synapticon enhances motion control technology, allowing clients to create intelligent systems with certified safety functions. Its products are utilized across various sectors, including industrial automation, home automation, smart grids, and the Internet of Things, catering to OEMs and professional users.

nxtControl

Acquisition in 2017
nxtControl GmbH specializes in the development of automation software and hardware, focusing on improving the control and visualization of industrial processes. The company utilizes the IEC 61499 standard to engineer distributed systems and offers a suite of products, including nxtControl Studio for integrated engineering of control and human-machine interfaces (HMI), nxtHMI runtime for visualization, and a library of pre-built objects and applications. Additionally, nxtControl provides a range of services, such as education and training, consulting for building and process automation, project support, and customized development. Their solutions cater to various sectors, including building automation for production facilities, offices, retail stores, and schools, as well as industrial processes in food and beverage, automotive, and logistics. Founded in 2007 and based in Baden, Austria, nxtControl operates as a subsidiary of Schneider Electric S.E.

Clockworks Analytics

Series C in 2016
Clockworks Analytics specializes in automated diagnostics and building performance management software tailored for facility managers, engineers, and service providers. Its flagship platform, Clockworks, is utilized globally to enhance energy efficiency, facilitate proactive maintenance, and improve overall building operations. The software equips users with tools to identify and prioritize energy savings opportunities while providing access to building data and diagnostics in real-time. This capability supports the optimization of commissioning processes, LEED projects, and performance-based incentive programs, ultimately contributing to sustained energy savings and more comfortable environments within managed buildings.

InStep Software

Acquisition in 2014
InStep Software is a leading provider of real-time performance management and predictive analytics software solutions for the utility, oil and gas, water management and manufacturing industries. InStep's software products extend the investment in modern control, monitoring and smart devices by collecting, archiving, displaying, analyzing and reporting the information provided by these systems. Many of the world’s most successful companies use InStep’s software products to actively manage and analyze the rapidly growing amount of real-time operational, asset health and regulatory related information.

7-Technologies

Acquisition in 2011
7-Technologies A/S, a software company, develops and sells software for the operation of industrial plants and utilities.

Luminous Power Technologies

Acquisition in 2011
Luminous Power Technologies (P) Limited is a manufacturer specializing in electric power products aimed at serving various industries, including telecommunications and renewable energy systems such as solar, wind, and hybrid solutions. The company offers a diverse range of products, including inverter battery combinations, home uninterruptible power supplies (UPS), inverters, batteries, and related accessories. These products are designed for both residential and commercial applications, providing reliable energy solutions to meet the growing demand for efficient power management and generation. Through its innovative offerings, Luminous Power Technologies plays a significant role in enhancing energy safety and control in modern infrastructures.

SCADAgroup

Acquisition in 2010
SCADAgroup Pty Ltd is a leading provider of supervisory control and data acquisition (SCADA) products and systems integration services, primarily serving the water utilities and oil and gas sectors. The company operates globally with a workforce exceeding 500 employees and generates annual revenues surpassing $140 million. SCADAgroup's offerings include automation and control systems, building management solutions, critical power and cooling services, electrical distribution, and energy automation. Additionally, the company provides technical support services and installation systems, positioning itself as a key player in the telemetry and process control industry.

Schneider Electric Conzerv India

Acquisition in 2009
Schneider Electric S.A.Schneider Electric Conzerv India Pvt. Ltd. designs, develops, and markets energy management solutions for industrial applications. The company offers meters for measuring volts, amps, frequency, and direct energy reading; meters that enable multitasking management of loads, feeders, and incomers; dual source energy, multifunction, digital, power, energy, and VAF meters; and energy billing systems. It also provides auditing and training services, which enable clients to conserve energy. In addition, the company offers energy management systems, power factor improvement panels, harmonic filters, LT power capacitors, and lighting energy savers, as well as demand controllers, which enable demand control and optimization.

Pelco

Acquisition in 2007
Pelco, a subsidiary of Motorola Solutions, is a leading designer and manufacturer of video surveillance and security system products. Founded in 1957 and headquartered in Fresno, California, the company specializes in a wide range of offerings, including IP cameras, video management software, and various accessories such as enclosures, lighting products, and video encoders/decoders. Pelco's solutions cater to multiple sectors, including airports, seaports, casinos, and critical infrastructure, as well as education, healthcare, and retail industries. The company emphasizes the importance of information in decision-making and is dedicated to providing high-quality products and exceptional customer support, ensuring that clients have the necessary tools to enhance their security operations.

Merten GmbH & Co. KG

Acquisition in 2006
Merten GmbH & Co. KG specializes in technology system solutions for intelligent buildings, focusing on low voltage systems for the residential and commercial markets. The company designs, manufactures, and markets a wide range of wiring devices aimed at medium and high-end segments. Its product offerings include switches, movement and smoke detectors, as well as control systems for lighting, security, HVAC, and various building applications. Through its comprehensive solutions, Merten enables clients to enhance building functionality and efficiency, contributing to the development of smart living environments.

Citect Corp

Acquisition in 2006
Citect Corporation Limited provides automation software solutions and services. Its automation and control software solutions include supervisory control and data acquisition (SCADA) software, an industrial control system that monitors and controls an industrial, infrastructure, or facility-based process by collecting information and providing an interface to control specific equipment; CitectHMI, a human machine interface software for OEMs; CitectSCADA Scheduler to automatically control equipment in plant or facility based on calendar events; Vijeo Citect, an operating and monitoring software; and PowerLogic SCADA, an energy management software.

BEI Technologies

Acquisition in 2005
BEI Technologies, Inc. manufactures electronic sensors and motion control products used for factory and office automation, medical and scientific equipment, military, aviation and space systems, and transportation equipment including automobiles, trucks, and off-road equipment.

Kavlico

Acquisition in 2004
Kavlico Corp. specializes in the design and manufacture of advanced electronic measuring sensor systems that provide solutions for pressure, position, force, level, and other specialty measurements. The company develops, assembles, calibrates, and distributes a wide range of products, including pressure sensors, position sensors, transducers, pressure switches, and fluid level transmitters. These innovative sensing solutions are utilized across various sectors, including transportation, industrial, food and beverage, medical, and aerospace. Kavlico's sensors play a critical role in daily operations worldwide, enabling clients to create customized products that meet specific customer requirements.

Clipsal

Acquisition in 2004
Clipsal Australia Pty Ltd. is a manufacturer and supplier of electrical products and accessories, catering to a diverse range of markets including residential, commercial, and industrial sectors. The company specializes in providing solutions that encompass switches, power points, lighting, electrician toolkits, smoke alarms, and electric vehicle charging stations. Clipsal serves various professionals such as interior designers, architects, electricians, and residential builders, ensuring that their products meet the needs of modern energy management and home control systems. With a focus on quality and innovation, Clipsal exports its offerings, supporting both local and international markets.

Digital Electronics Corp

Acquisition in 2003
Digital Electronics Corporation engages in the development and manufacture of operator interface units and control equipment for the industrial automation industry.

MGE UPS Systems

Acquisition in 2003
MGE UPS Systems is a leading global manufacturer of electric inverters and power supply systems, serving over 100 countries. The company specializes in designing and producing products that protect computers and other electronic equipment, including inverters, rectifiers, power management software, active harmonic conditioners, and surge suppressors. MGE's offerings are primarily targeted at the IT and telecom industries, where reliable power protection is essential for optimal performance and equipment longevity. Through its innovative solutions, MGE has established itself as a prominent player in the market, known for its commitment to quality and reliability.

Crouzet Automation

Acquisition in 2000
Crouzet Automation specializes in the manufacturing of electromechanical and electronic components tailored for various industries, including aerospace, transportation, energy, building, and machinery. The company offers a diverse range of products such as switches, sensors, electromechanical actuators, electrical protection equipment, cockpit controls, and automation controllers. Crouzet Automation is recognized for its commitment to simplifying programming and providing adaptable automation solutions that meet specialized and demanding requirements. Its products are designed to comply with stringent quality and environmental standards, making them suitable for integration in applications like waste and water treatment, access control, renewable energy, building equipment, industrial machinery, and transportation. Through its technical expertise, Crouzet Automation enables clients to access both standard and fully customized products, effectively addressing future industrial challenges.

SE Ventures

Acquisition in 1991
SE Ventures, established in 2017, is the corporate venture capital arm of Schneider Electric, headquartered in Menlo Park, California. As a $1B+ fund, SE Ventures invests in innovative startups operating in energy management, electric mobility, cybersecurity, artificial intelligence, and industry 4.0 sectors. The fund leverages Schneider Electric's deep domain expertise and global customer reach to accelerate the growth of category-defining companies in climate and industrial technology.

Télémécanique

Acquisition in 1988
Télémécanique is one of the big historical manufacturers of industrial automata.
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