Venturing Manager

At ABB, we help industries outrun - leaner and cleaner. Here, progress is an expectation - for you, your team, and the world. As a global market leader, we'll give you what you need to make it happen. It won't always be easy, growing takes grit. But at ABB, you'll never run alone. Run what runs the world.

This Position reports to:

As an Investment Manager your main focus will be the execution of venture investments on behalf of ABB Electrification. You play a pivotal role in identifying, evaluating, and managing investments in startups that align with ABB's strategic priorities. You will contribute to building the next generation of electrification solutions while fostering strong collaboration within ABB and with external partners.

The work model for the role is: hybrid.

Location: This is a global position with preferred location - Zurich, Switzerland; Copenhagen, Denmark; New York and Boston USA; London England.

This role is contributing to the ABB ElectrificationVentures.

You will be mainly accountable for:

• Negotiate and execute venture investments in technology companies aligned with ABB Electrification's strategic priorities
• Evaluate investment proposals and collaborate with relevant businesses to explore interest and strategic fit.
• Lead and supervise fulldue diligenceof potential investments with special focus onfinancial valuationsand business plan evaluations for technology companies
• Oversee and coordinatelegal documentationand final closing of various rounds of Investments (including debt, equity, etc.).
• Strategic collaboration and communication. Align investment themes and priorities to group and division strategy

Qualifications for the role:

• You have a relevant work experience required with direct investments, i.e.,corporate venturing,financial venture/growth capital and Tech M&A. Knowledge of Electrification industry and related technology portfolio of the divisions is a plus.
• You hold a Bachelor's/Masters degree in Business/Finance, Engineering or Commercial Law from a leading institution with top results; MBA from top business schools is a plus.
• You have a network in theventure capitaleco system.
• You have a strong expertise infinancial modelling,valuationsand business plan analysis - including experience in analyzing growth business plans of start-ups.
• You have a sound knowledge of commercial terms, legal peculiarities, complex Business plans, and managing deals/projects.
• You demonstrated leadership and team skills in cross-functional and cross-cultural teams.
• You are at ease communicating in English

More about us

ABB ElectrificationVenturesis theventure capitalarm of ABB Electrification. We invest in 3-6 transformative technology companies per year that advance ABB's vision of a sustainable, electrified, and automated world. Part of the ABBVenturesinvestment framework, the team has supported ABB Electrification since 2021, with investments in 16 startups that drive innovation in this core business area. Overall, ABBVentureshas invested $450 million in 70 startups across electrification and automation sectors since 2010. For more information, visit www.abb.com/ventures.

US candidates only* While base salary is determined by things such as the successful applicant's qualifications and experience, this position is expected to pay between $ 159000 and $ 265000 annually and is eligible for a short-term incentive plan/annual bonus.

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