
TotalEnergies Ventures
Description
TotalEnergies Ventures is the corporate venture capital arm of TotalEnergies, a global multi-energy company. Established in 2008, its primary mission is to identify, fund, and support innovative startups that contribute to the development of a low-carbon energy future. This strategic initiative underscores TotalEnergies' commitment to diversifying its portfolio and accelerating its transition towards sustainable energy solutions, leveraging external innovation to complement its internal research and development efforts.
The firm's investment focus is squarely on climate technology and the broader energy transition. TotalEnergies Ventures actively seeks out companies developing solutions across a wide spectrum of areas, including renewable energy generation, advanced energy storage, digital energy management, sustainable mobility, bio-energies, and technologies supporting the circular economy. By targeting these critical sectors, TEV aims to foster breakthroughs that can significantly impact global decarbonization efforts and enhance energy efficiency across various industries.
TotalEnergies Ventures typically invests in early-stage companies, ranging from Seed to Series B rounds, though it can also participate in later funding stages. Its initial investment tickets generally range from $500,000 up to $5,000,000, reflecting its commitment to providing meaningful capital to promising ventures. Beyond financial backing, TEV offers its portfolio companies invaluable strategic guidance, access to TotalEnergies' extensive industrial expertise, and opportunities for commercial partnerships. This deep integration with its parent company provides startups with a unique platform for growth, market validation, and potential global scaling.
With a reported fund size of approximately $400 million, TotalEnergies Ventures has built a robust and diverse portfolio. As of early 2023, the firm had invested in over 50 startups globally, demonstrating its active and impactful presence in the climate tech venture landscape. Its approach combines financial investment with strategic collaboration, positioning TotalEnergies Ventures as a key player in driving innovation for a more sustainable energy future.
Investor Profile
TotalEnergies Ventures has backed more than 89 startups, with 0 new investments in the last 12 months alone. The firm has led 10 rounds, about 11% of its total and boasts 18 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series B, Series C rounds (top funding stages).
- Majority of deals are located in United States, France, Germany.
- Strong thematic focus on Energy, Renewable Energy, Manufacturing.
- Typical check size: $500K – $5M.
Stage Focus
- Series Unknown (21%)
- Series B (19%)
- Series C (18%)
- Series D (12%)
- Series A (8%)
- Series E (4%)
- Seed (4%)
- Post Ipo Equity (4%)
- Private Equity (2%)
- Convertible Note (1%)
Country Focus
- United States (54%)
- France (12%)
- Germany (6%)
- United Kingdom (6%)
- The Netherlands (4%)
- Spain (3%)
- Rwanda (2%)
- Norway (2%)
- Kenya (2%)
- India (1%)
Industry Focus
- Energy
- Renewable Energy
- Manufacturing
- Cleantech
- Software
- Transportation
- Solar
- Biotechnology
- Energy Storage
- Automotive
Frequently Asked Questions
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