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Schneider-backed SE Ventures launches €500-mn Fund-II
ECONOMY & POLICY

Schneider-backed SE Ventures launches �500-mn Fund-II

SE Ventures, a global venture capital fund backed by Schneider Electric, has announced its �500-million Fund-II to help climate and industrial technology start-ups. This builds upon a 2018 Fund-I to bring SE Ventures to �1 billion of committed capital.

“SE Ventures grows to one-billion euro, establishing itself as one of the largest venture capital platforms focused on electrification, digitisation and decarbonisation, building on a highly successful Fund-I track record,� a press release said. It added that Fund-II will begin deployment in January 2023.

“Through this Fund-II launch, we are reinforcing our commitment to a future where start-ups with bold solutions and companies with bold ambitions together have access to the resources, tools, and partners that they need,� said Nadège Petit, chief innovation officer of Schneider Electric.

Fund-I saw investments in over 40 start-ups and seven venture funds alongside partnership engagement with over 200 start-ups, the release added.

See also:
India in top five countries on Climate Change
Australian parliament passes Free Trade Agreement with India


SE Ventures, a global venture capital fund backed by Schneider Electric, has announced its �500-million Fund-II to help climate and industrial technology start-ups. This builds upon a 2018 Fund-I to bring SE Ventures to �1 billion of committed capital. “SE Ventures grows to one-billion euro, establishing itself as one of the largest venture capital platforms focused on electrification, digitisation and decarbonisation, building on a highly successful Fund-I track record,� a press release said. It added that Fund-II will begin deployment in January 2023. “Through this Fund-II launch, we are reinforcing our commitment to a future where start-ups with bold solutions and companies with bold ambitions together have access to the resources, tools, and partners that they need,� said Nadège Petit, chief innovation officer of Schneider Electric. Fund-I saw investments in over 40 start-ups and seven venture funds alongside partnership engagement with over 200 start-ups, the release added. See also: India in top five countries on Climate ChangeAustralian parliament passes Free Trade Agreement with India

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