Investments
14Portfolio Exits
18Funds
1Partners & Customers
10About ABB
ABB (SWX: ABBN) is a global supplier of electrical equipment and automation products. It offers a range of products such as power converters and inverters, motors and generators, low voltage products and systems, and more. It serves industries such as automotive, oil and gas, food and beverage, and more. The company was founded in 1988 and is based in Zurich, Switzerland.
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Expert Collections containing ABB
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find ABB in 3 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
4,316 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Robotics
2,342 items
This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.
Advanced Manufacturing
4,336 items
Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability
Research containing ABB
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned ABB in 10 CB Insights research briefs, most recently on Aug 23, 2023.
Latest ABB News
Sep 18, 2023
Strategic Development On 21 June 2021, ABB launched OmniVance FlexArc Compact, which is a new and compact welding application cell with greater flexibility, ease-of-use, and better integration for helping businesses address labor shortages in welding. The small size of equipment enable manufactures optimize space while allowing up to four robots to be added without altering structure of cell, thereby increasing flexibility. On 22 June 2022, FANUC America, which is a global leader in Computer Numerical Controls (CNCs), robotics, and ROBOMACHINEs, launched three new variants to its line of SCARA robot models including SR-3 iA/U ceiling mount,SR-6iA/C and SR-3iA/C variants. The new model variants are expected to enhance FANUC’s ability to meet the needs of automation of assembly, pick and place, packaging and inspection processes. Direct Order Can Be Placed Through This Link [Exclusive Copy] @ https://www.emergenresearch.com/select-license/1214 Some Key Highlights From the Report The SCARA robots segment accounted for moderate revenue share in 2021 due to growing need to reduce human efforts and errors in production process. SCARA robots are extensively used for pick-and-place or assembly processes requiring great speed and precision. In comparison, SCARA robot can operate quicker and fulfill optional cleanroom criteria. SCARA robot is suited for applications with a smaller field of action and limited floor space owing to compact design, making it easy to re-allocate in temporary or remote locations. Moreover, provision of mixed-model assembly and customized products, as well as better downstream demand coordination is another factor driving growth of this segment. The material handling segment accounted for largest revenue share in 2021 owing to surge in demand for industrial robots from various industries such as food & beverages, electrical & electronics, automotive, and pharmaceutical, among others. Handling and transportation of dangerous chemical for humans is highly increasing demand for industrial robots. Both robotic material handling as well as machine tending systems provide reliable delivery of productivity gains in various applications, which is increasing demand for industrial robotics. The electrical & electronics segment accounted for a significant revenue share in 2021. High demand for handling complicated consumer electronics, necessitate higher precision during assembly, which is one of the key factors driving revenue growth of this segment. Industrial robots are ideal for large and small electronics companies, which recognize that automation is the key to being globally competitive. It is essential for the electronics industry to have a robot with a soft and accurate arm to handle small and fragile parts. Industrial robots, such as SCARA robots, can achieve this low inertia and excellent precision while producing at high speeds. The Europe market registered a steady growth rate over the forecast period. Growing automotive industry in increasing need for smart factory solutions, which utilizes industrial robots throughout assembly lines and is one the key factors driving revenue growth of the market in region. High demand for upgrading of industrial operation, high-value investments for development of industrial robots, and increasing penetration of 5G in industrial manufacturing as well as IIoT is contributing to growth of the market in Europe. Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/industrial-robotics-market Emergen Research has segmented the global industrial robotics market based on type, application, end-user industry, and region: Type Outlook (Revenue, USD Billion; 2019-2030) SCARA robots Material handling Electrical & electronics North America Curated Reports You Shouldn't Miss: Dive In Now! Micro Displays Market Size, Share, Trends, By Product (Near-to-Eye (NTE) Devices, Head-up Display (HUD), Projectors), By Technology (LCD, OLED, LCoS, DLP), By Resolution, By Brightness, By Industry (Automotive, Consumer), and By Region Forecast to 2028 Organic Electronics Market , By Material (Semiconductor Materials, Conductive Materials, and Others), By Application (Organic Display, Organic Photovoltaic, and Others), By End-Use, and By Region Forecast to 2032 Wi-Fi 6 Devices Market By Component (Controller/Switch, Gateways/Routers, Access Points), By Usage Type (Public, Private), By Application (Education, Healthcare, Retail, Automotive & Transportation, Government, Sports & Leisure, Hospitality), and By Region Forecast to 2028 Gaming Mouse Market By Product Type (MMO Mouse, MOBA Mouse, FPS Mouse, RTS Mouse, All-Purpose Mouse), By Distribution Channel (Online, Retail Stores), By End-Use (Personal, Internet Cafe), and By Region Forecast to 2028 Smart Dust Market , By Components(Sensors, Active Optical Transmission, Passive Optical Transmission, Optical Receiver, Analog I/O, Signal Processing, Control Circuitry, Power Source, Robots), By Application(Remote Monitoring, Industrial Automation, Urban Infrastructure, Inventory Management, Medical Diagnostics, Travel Safety, Space Exploration), By End-use, and By Region Forecast to 2028 Printed Circuit Board (PCB) Design Software Market By Type (Schematic Capture, PCB Layout), By Deployment (On-Premise, On-Cloud), By End-Use (Education & Research, Industrial Automation & Control, Healthcare, Aerospace & Defense, and Others), and by Region Forecast to 2028 E Skin Market Size, Share, Trends, By Product (Electronic skinsuit and Electronic patches), By Component (Stretchable circuits, Photovoltaics system, and Others), By Sensor Type, By Application, and By Region Forecast to 2030 About Emergen Research Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. Contact Us:
ABB Investments
14 Investments
ABB has made 14 investments. Their latest investment was in Brainbox AI as part of their Series A - III on April 4, 2023.
ABB Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/28/2023 | Series A - III | Brainbox AI | $20M | No | 6 | |
3/8/2023 | Corporate Minority | Direct Energy Partners | Yes | 1 | ||
1/10/2023 | Series A | Viking Analytics | $3.28M | Yes | ABB, Finindus, Industrifonden, and Undisclosed Investors | 10 |
11/22/2022 | Corporate Minority | |||||
10/5/2022 | Corporate Minority |
Date | 4/28/2023 | 3/8/2023 | 1/10/2023 | 11/22/2022 | 10/5/2022 |
|---|---|---|---|---|---|
Round | Series A - III | Corporate Minority | Series A | Corporate Minority | Corporate Minority |
Company | Brainbox AI | Direct Energy Partners | Viking Analytics | ||
Amount | $20M | $3.28M | |||
New? | No | Yes | Yes | ||
Co-Investors | ABB, Finindus, Industrifonden, and Undisclosed Investors | ||||
Sources | 6 | 1 | 10 |
ABB Portfolio Exits
18 Portfolio Exits
ABB has 18 portfolio exits. Their latest portfolio exit was ABB - EMS Retail Division Business on July 11, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
7/11/2023 | Divestiture | ABB - EMS Retail Division Business | 3 | ||
5/2/2023 | Divestiture | ABB - Technical Engineering Consultancy Business | 1 | ||
1/20/2023 | Divestiture | 1 | |||
Date | 7/11/2023 | 5/2/2023 | 1/20/2023 | ||
|---|---|---|---|---|---|
Exit | Divestiture | Divestiture | Divestiture | ||
Companies | ABB - EMS Retail Division Business | ABB - Technical Engineering Consultancy Business | |||
Valuation | |||||
Acquirer | |||||
Sources | 3 | 1 | 1 |
ABB Acquisitions
37 Acquisitions
ABB acquired 37 companies. Their latest acquisition was Eve Systems on June 12, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
6/12/2023 | Other | Acquired | 7 | |||
10/18/2022 | Acquired | 2 | ||||
9/19/2022 | Acquired | 3 | ||||
8/11/2022 | ||||||
8/11/2022 |
Date | 6/12/2023 | 10/18/2022 | 9/19/2022 | 8/11/2022 | 8/11/2022 |
|---|---|---|---|---|---|
Investment Stage | Other | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | Acquired | Acquired | ||
Sources | 7 | 2 | 3 |
ABB Fund History
1 Fund History
ABB has 1 fund, including ABB Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
ABB Fund II | 1 |
Closing Date | |
|---|---|
Fund | ABB Fund II |
Fund Type | |
Status | |
Amount | |
Sources | 1 |
ABB Partners & Customers
10 Partners and customers
ABB has 10 strategic partners and customers. ABB recently partnered with Tata Steel on September 9, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
9/6/2023 | Partner | India | Tata Steel Ltd expects to increase capacity to 40 million tons by 2030 hence this collaboration with technology partner ABB is a key enabler to achieve that growth in a sustainable manner . | 5 | |
9/5/2023 | Vendor, and Client | Netherlands, and Australia | ABB supports innovative bioplastics project as main electrical contractor for Avantium and Worley `` Based on the positive experience gained on this project , Worley and ABB are extending the relationship to cooperate more closely on other greenfield projects , '' said Rob Doove , Business Development Manager at ABB . | 2 | |
9/5/2023 | Client | Netherlands | ABB Supports Innovative Bioplastics Project as Main Electrical Contractor for Avantium and Worley `` Based on the positive experience gained on this project , Worley and ABB are extending the relationship to cooperate more closely on other greenfield projects , '' said Rob Doove , business development manager at ABB . | 1 | |
8/21/2023 | Client | ||||
8/17/2023 | Client |
Date | 9/6/2023 | 9/5/2023 | 9/5/2023 | 8/21/2023 | 8/17/2023 |
|---|---|---|---|---|---|
Type | Partner | Vendor, and Client | Client | Client | Client |
Business Partner | |||||
Country | India | Netherlands, and Australia | Netherlands | ||
News Snippet | Tata Steel Ltd expects to increase capacity to 40 million tons by 2030 hence this collaboration with technology partner ABB is a key enabler to achieve that growth in a sustainable manner . | ABB supports innovative bioplastics project as main electrical contractor for Avantium and Worley `` Based on the positive experience gained on this project , Worley and ABB are extending the relationship to cooperate more closely on other greenfield projects , '' said Rob Doove , Business Development Manager at ABB . | ABB Supports Innovative Bioplastics Project as Main Electrical Contractor for Avantium and Worley `` Based on the positive experience gained on this project , Worley and ABB are extending the relationship to cooperate more closely on other greenfield projects , '' said Rob Doove , business development manager at ABB . | ||
Sources | 5 | 2 | 1 |
ABB Team
119 Team Members
ABB has 119 team members, including current Chief Executive Officer, President, Björn Rosengren.
Name | Work History | Title | Status |
|---|---|---|---|
Björn Rosengren | Sandvik, Wartsila, and Atlas Copco | Chief Executive Officer, President | Current |
Name | Björn Rosengren | ||||
|---|---|---|---|---|---|
Work History | Sandvik, Wartsila, and Atlas Copco | ||||
Title | Chief Executive Officer, President | ||||
Status | Current |
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