Head of Ventures
As an Investment Manager/Principal, you will play a pivotal role in identifying, evaluating, and managing investments in startups that align with ABB’s strategic priorities. You will contribute to building the next generation of electrification solutions while fostering strong collaboration within ABB and with external partners. This is a global position with preferred location: Europe or/and North America In this role you will be responsible for: Investment evaluation and execution • Evaluate investment proposals and collaborate with relevant businesses to explore interest and strategic fit. • Lead and supervise full due diligence of potential investments with special focus on financial valuations and business plan evaluations for technology companies • Oversee and coordinate legal documentation and final closing of various rounds of Investments (including debt, equity, etc.). Strategic collaboration and communication. • Align investment themes and priorities to group and division strategy • Coordinate and secure a frequent dialogue with the businesses. Portfolio management • Participate on boards of portfolio companies and guide their growth – including facilitating efficient collaboration with relevant divisions. • Ensure the appropriate handling of the valuation of investments over time and quarterly reporting of portfolio companies. • Secure and manage documentation of the portfolio companies External networking • Source deal flow via different channels, e.g. attending events and through VC network
We value people from different backgrounds. Apply today for your next career step within ABB and visit www.abb.com to learn about the impact of our solutions across the globe. #MyABBStory ABB Electrification Ventures is the venture capital arm of ABB Electrification. We invest in 3-6 transformative technology companies per year that advance ABB’s vision of a sustainable, electrified, and automated world. Part of the ABB Ventures investment framework, the team has supported ABB Electrification since 2021, with investments in 16 startups that drive innovation in this core business area. Overall, ABB Ventures has invested $450 million in 70 startups across electrification and automation sectors since 2010. For more information, visit www.abb.com/ventures.