Back to all jobs

Manager

Remote
Full-Time
Posted on 
December 6, 2024
👉  Don't forget to mention Startup & VC in your application!

At ABB, we are dedicated to addressing global challenges. Our core values: care, courage, curiosity, and collaboration - combined with a focus on diversity, inclusion, and equal opportunities - are key drivers in our aim to empower everyone to create sustainable solutions. That's our story. Make it your story. Write the next chapter of your ABB story.

This position reports to

Head of Ventures

Your role and responsibilities

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

Qualifications for the role

  • Relevant work experience required with direct investments, i.e., corporate venturing, financial venture/growth capital and Tech M&A.
  • Knowledge of Electrification industry and related technology portfolio of the divisions is a plus. 
  • Bachelor’s/Master´s degree in Business or Engineering from a leading institution with top results; MBA is a plus. 
  • Network in the venture capital eco system
  • Strong expertise in financial modelling, valuations and business plan analysis – including experience in analyzing growth business plans of start-ups.
  • Must have sound knowledge of commercial terms, legal peculiarities, complex Business plans, and managing deals/projects.
  • Demonstrated leadership and team skills in cross-functional and cross-cultural teams. 
  • Creative, energetic, self-motivated, flexible team player with an ability to work independently and solid analytical and problem-solving skills.
  • Availability for travel.

More about us

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.

👉 Don't forget to mention Startup & VC in your application!
Right into your inbox
New VC jobs - every week!
Thank you for subscribing! You will get a OPT-IN email in the next minute, that you have to confirm to get our mails!
Oops! Something went wrong while submitting the form.
By signing up you agree to our Terms & Conditions
Used by students from 👇  and many more