Corporate investor

Total Energy Ventures

Compiled from public sources

Total Energy Ventures was a Paris-headquartered venture capital entity. Founded in 2008 as the corporate venture capital arm of French energy major TotalEnergies SE (formerly Total S.A.), operating as a general partner and corporate strategic investor, the firm deployed balance-sheet capital into early and growth-stage technology ventures focused on clean energy, energy storage, smart grids, electric mobility, and carbon neutrality. In May 2023, TotalEnergies closed its corporate venture capital unit and sold its portfolio of approximately 20 startup holdings—including stakes in climate tech companies across Europe, North America, and Africa—to Paris-based venture capital firm Aster through a secondary transaction. Following the closure of the CVC unit, TotalEnergies shifted its startup engagement strategy toward early-stage acceleration via the "TotalEnergies On" programme, transferring much of its venture team to support electricity-focused startups.