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TotalEnergies Ventures

Europe, Ile-de-France, France, La Défense

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does TotalEnergies Ventures frequently co-invest with?

Acumen
North America, New York, United States, New York
Co-Investments: 3
Prelude Ventures
North America, California, United States, San Francisco
Co-Investments: 5
Tao Capital Partners
North America, California, United States, San Francisco
Co-Investments: 3
Temasek Holdings
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
Inven Capital
Europe, Hlavni mesto Praha, Czech Republic, Prague
Co-Investments: 4
Cathay Innovation
North America, California, United States, San Francisco
Co-Investments: 4
Constellation Technology Ventures
North America, Maryland, United States, Baltimore
Co-Investments: 3
Idinvest Partners
Europe, Ile-de-France, France, Paris
Co-Investments: 7
E.ON
Europe, Nordrhein-Westfalen, Germany, Essen
Co-Investments: 3
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 8

Which angels does TotalEnergies Ventures often collaborate with?

WC
North America, New York, United States, Manhattan
Shared Deals: 1
BG
North America, Washington, United States, Seattle
Shared Deals: 3
HS
Europe, Ile-de-France, France, Paris
Shared Deals: 1
LR
North America, California, United States, Palo Alto
Shared Deals: 1
JO
North America, New York, United States, New York
Shared Deals: 1
JS
North America, California, United States, San Francisco
Shared Deals: 1
PA
North America, Washington, United States, Seattle
Shared Deals: 1
KD
North America, California, United States, San Francisco
Shared Deals: 1
AD
North America, California, United States, San Francisco
Shared Deals: 1
BJ
North America, Florida, United States, Jacksonville
Shared Deals: 2

What are some of recent deals done by TotalEnergies Ventures?

Ampersand

Kicukiro, Kigali, Rwanda

Ampersand is the e-mobility energy provider for millions of motorbike taxis.

AutomotiveElectric VehicleEmerging MarketsEnergyTransportation
Series UnknownDec 21, 2023
Amount Raised: $12,000,000
45-8 ENERGY

Metz, Lorraine, France

45-8 ENERGY is exploring eco-friendly helium for uses in many industries.

MiningPrecious Metals
SeedNov 9, 2022
Amount Raised: $4,909,490
Autogrid

Redwood City, California, United States

AutoGrid Systems organizes energy data and employs big data analytics to generate real-time predictions that create actionable data.

AnalyticsArtificial Intelligence (AI)Cloud ComputingElectric VehicleEnergyEnergy StorageInternet of ThingsRenewable Energy
Series DOct 14, 2021
Amount Raised: $85,000,000
Zola Electric

Amsterdam, Noord-Holland, The Netherlands

Zola Electric provides customers with in-depth reporting on system statuses, and performance and analysis of power consumption behavior.

Electrical DistributionEnergyRenewable Energy
Private EquitySep 23, 2021
Amount Raised: $45,000,000
LevelTen Energy

Seattle, Washington, United States

LevelTen Energy is an energy company that provides renewable transaction infrastructure for buying or selling renewable energy and assets.

AnalyticsEnergyMarketplaceRenewable Energy
Series CAug 25, 2021
Amount Raised: $35,000,000
Onto

Warwick, Warwickshire, United Kingdom

Onto is an electric vehicle subscription startup that provides an all-inclusive, hassle-free solution for driving an electric car.

AutomotiveElectric VehicleGreenTechSoftwareSubscription ServiceTransportation
Series BJul 27, 2021
Amount Raised: $175,000,000
Freyr Energy

Hyderabad, Andhra Pradesh, India

Freyr Energy is a company that provides full service solar provider based in Hyderabad, India.

EnergyEnvironmental ConsultingRenewable EnergySolar
Series UnknownApr 22, 2021
Amount Raised: $2,397,064
Ampersand

Kicukiro, Kigali, Rwanda

Ampersand is the e-mobility energy provider for millions of motorbike taxis.

AutomotiveElectric VehicleEmerging MarketsEnergyTransportation
Series UnknownApr 8, 2021
Amount Raised: $3,500,000
Deep Branch Biotechnology

Nottingham, Nottingham, United Kingdom

Deep Branch uses clean and renewable carbon and energy sources to create ingredients for a more sustainable food system.

Animal FeedBiotechnologyRecycling
Series AMar 16, 2021
Amount Raised: $8,000,000
Angaza

San Francisco, California, United States

Angaza provides a technology that enables businesses to provide affordable life-changing products to people in emerging markets.

EnergyFinancial ServicesSocial EntrepreneurshipSolar
Series BOct 27, 2020
Amount Raised: $13,500,000