ABB
Corporate VC · (Switzerland)
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About
ABB is a global technology leader specializing in electrification and automation, committed to enabling a more sustainable and resource-efficient future. With a workforce of approximately 110,000 employees worldwide, ABB has a rich history spanning over 140 years. The company was formed in 1988 through the merger of Sweden's Allmänna Svenska Elektriska Aktiebolaget (ASEA) and Switzerland's Brown, Boveri & Cie, combining their expertise in electrical equipment manufacturing. ABB's core activities include power generation, transmission and distribution, industrial automation, and robotics. The company invests around 4 to 5 percent of its annual revenues in research and development, collaborating with customers and partners to drive technological innovation. Sustainability is central to ABB's purpose, as it works with stakeholders to promote a low-carbon society, preserve resources, and support social progress toward a net-zero future. (
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