Mads Møller, group VP and head of ventures for ABB Electrification, is one of the 100 leading corporate venturing professionals in our 2025 Powerlist.


Electrification and automation group ABB has been in the corporate venture capital game for more than 15 years, but five years ago the company restructured its CVC operations, dividing them into three distinct segments, with Mads Møller running the most active unit, Electrification Ventures.
The first year of this restructuring focused on preparing the new platform for substantial investment. That resulted in 11 VC deals in 2024, as well as a significant exit when autonomous building technology BrainBox AI was acquired by Trane Technologies in January this year.
Møller joined ABB from industrial conglomerate Danfoss, where he headed technology investments and acquisitions. With a background in both business development and traditional VC, he understands the financials of the startup world, as well as the corporate perspective.
“Where I excel is in actually bridging the gap between [business development and traditional VC], making them collaborate and create value together”
“Where I excel is in actually bridging the gap between these two worlds, making them collaborate and create value together,” he says. “To make startups and corporates speak the same language and also try to make it transparent what type of value both parties can bring to the table and why it makes a lot of sense to collaborate and make an investment.”
ABB now oversees an active portfolio of 45 startups across its Electrification, Motion and Robotics, and Discrete Automation Ventures units and its legacy corporate investments, including edge AI processor producer Hailo and robotic surgery technology developer CMR Surgical.
One of the biggest things Møller has learned in his time at ABB is the level of value that can be created through close collaboration between a corporate and a startup. The B2B areas where ABB invests are parts of the market where a strong corporate partner is essential to scaling, and both financial VCs and startups are increasingly recognising that.
“I see a lot of interest from startups and financial investors in bringing corporate investors on board, inviting them to participate in rounds and really appreciating the value a good corporate investor can bring to a syndicate and to a company,” he says. “Especially in the area where we are investing – energy transition, cleantech and climate change-related technologies.”

The Global Corporate Venturing Powerlist represents the 100 individuals spearheading the future of the corporate venturing industry.
These individuals excel in terms of their venturing approach and structure, number and quality of portfolio companies and in their contributions to the corporate venturing profession.