SE Ventures, the Menlo Park, CA-based corporate venture capital firm of Schneider Electric, announced its €500M Fund II.
Fund II will begin deployment in January 2023, as an accelerant for category-defining companies in climate-tech, industrial AI, mobility, prop-tech and cybersecurity.
SE Ventures prioritizes agility in decision-making and commercial acceleration of its investments, while providing access to Schneider Electric’s global ecosystem of customers and partners.
Throughout Fund I, the firm has invested in over 40 startups and seven venture funds, alongside partnership engagement with over 200 startups.
SE Ventures is led by Amit Chaturvedy, Global Head and Managing Partner, along with General Partners, Grant Allen and Varun Jain – a senior team of seasoned professionals with collective investing experience of 40+ years across startups and corporate business development – and supported by a team of investment professionals and globally based Operating Partners who are focused on portfolio business development.