About ABB
ABB is a company based in Zurich (Switzerland). It operates as a Professional Services, and Reseller / Distribution. ABB has completed 44 acquisitions, including APS Technology Group, ASTI Mobile Robotics and AbroTech. ABB offers products and services including Industrial Automation Solutions and Power Generation Systems. ABB operates in a competitive market with competitors including Sagemcom, Ubiik, SmartSynch, Semitech Semiconductor and Firecomms, among others.
- Headquarter Zurich, Switzerland
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Sectors
Industrial Goods & ManufacturingEnergy & Utilities
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Phone
*********
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Website
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- Legal Name Abb Group
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.27 M (USD), Grant
Sep 22, 2011
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
APS Technology Group
& 43 more
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Products & Services of ABB
ABB offers a comprehensive portfolio of products and services, including Industrial Automation Solutions and Power Generation Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Solutions for industrial automation are provided by ABB.
Systems for power generation are offered by ABB.
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Software Development Team
225 people
Sales and Marketing
112 people
Product Management Team
92 people
Leadership Team
71 people
Human Resources and Administration
64 people
Finance and Accounting
35 people
Project Team
31 people
Senior Team
26 people
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Funding Insights of ABB
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $1.3M
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First Round
First Round
(30 Aug 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2011 | Amount | Grant - ABB | Valuation |
investors |
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| Aug, 2011 | Amount | Grant - ABB | Valuation |
investors |
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| Aug, 2010 | Amount | Grant - ABB | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ABB
ABB has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OSTI.GOV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ABB
ABB has strategically engaged in corporate development activities, having acquired 44 companies. Notable acquisitions include APS Technology Group, ASTI Mobile Robotics and AbroTech. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Commercial EV fleet charging solutions are provided for businesses.
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2018 | ||||
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EV charging management software and energy solutions are provided.
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2018 | ||||
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Facility services are delivered by SEAM Group to industrial clients.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ABB
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abb Comparisons
Competitors of ABB
ABB operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sagemcom, Ubiik, SmartSynch, Semitech Semiconductor and Firecomms, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of IoT gateways and smart energy meters
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Electricity monitoring systems for smart cities are provided.
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IP-enabled devices are supplied for smart grid communications.
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| domain | founded_year | HQ Location |
System-on-Chip solutions for smart grid power line communication are provided.
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Optical networking equipment for smart grids is supplied.
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| domain | founded_year | HQ Location |
Operates smart meter network for energy data and infrastructure services in Britain.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Abb
Frequently Asked Questions about ABB
Where is ABB located?
ABB is headquartered in Zurich, Switzerland.
What does ABB do?
ABB Group is involved in providing industrial automation and power generation solutions. Operations are focused on supporting industries such as marine, ports, oil and gas, and infrastructure. Innovative technologies and systems are developed to enhance efficiency and sustainability. Services are extended across various sectors globally, ensuring tailored solutions for diverse industrial needs.
Who are the top competitors of ABB?
ABB's top competitors include Sagemcom, Ubiik and Semitech Semiconductor.
What products or services does ABB offer?
ABB offers Industrial Automation Solutions and Power Generation Systems.
How many acquisitions has ABB made?
ABB has made 44 acquisitions, including APS Technology Group, ASTI Mobile Robotics, and AbroTech.
Who are ABB's investors?
ABB has 1 investor. Key investors include OSTI.GOV.
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