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Schneider Electric has made investments in Israeli startups through its investment arm, SE Ventures. The company has been actively engaging with the Israeli innovation ecosystem and has conducted pilot projects and commercial collaborations with dozens of Israeli companies in the past year. 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The visit included meetings with Israeli startups and participation in a startup event. Schneider Electric previously invested $10 million in Grover Ventures, a venture capital firm specializing in Industry 4.0, machine learning, and AI technologies. The company is actively involved in the local startup ecosystem.","partners":null,"customers":null,"investors":"Grover Ventures","confidence":8,"key_topics":["Innovation","Construction Tech","Industry 4.0","Startups","Incubation"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"5Y8GKN60pHuZnOjwJos4cQKU96Y41SlOWthwImwRAeTd9j1UtsTtAw","news_summary":"שניידר אלקטריק מפגינה נוכחות בשטח - בישראל -","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"095552b5-62c9-4c62-9214-a60584fe00f7","date":"Nov 30, 2020","link":"https://www.prnewswire.com/il/news-releases/global-open-innovation-company-sosa-joins-forces-with-schneider-electric-to-establish-an-industry-4-0-incubation-program-for-outstanding-startups-301181749.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"innovation program","company":"Schneider Electric","layoffs":null,"summary":"Schneider Electric is establishing an innovation program in Israel in collaboration with SOSA. 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The collaboration will be managed from Schneider Electrics headquarters in Tel Aviv.","partners":"SOSA","customers":null,"investors":null,"confidence":9,"key_topics":["Innovation program","Startups","Industry 4.0","Energy management","Collaboration"],"date_of_event":"2020-11-30","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"0Tx42UJ74MZlBN2sGygUlLSw4eHko7r106LVxOZkjj6P808xND7t2J","news_summary":"Global open innovation company SOSA joins forces with Schneider Electric to establish an Industry 4.0 incubation program for outstanding startups","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"49398c2b-4d07-4615-a040-8ebab62c562d","date":"Oct 8, 2020","link":"https://www.globes.co.il/news/article.aspx?_atscid=7_134353_204082920_1605921_0_Txtetaxjxdshwhus8sp&did=1001344958","source":"www.globes.co.il","visible":1,"analysis":{"tags":"Innovation, Investment, Partnerships","company":"Schneider Electric","layoffs":"None","summary":"Schneider Electric, a global company specializing in energy management and automation, has announced the launch of an innovation program in Israel in collaboration with the SOSA innovation platform. The program will last for three months during which the companies selected for the program will receive a grant of $25,000, business and technological guidance, training, and assistance in locating potential investors. This new initiative follows several significant steps taken by the company in Israel since 2018, including an investment of about $25 million in 12 startups.","partners":"SOSA","customers":"None","investors":"Schneider Electric","confidence":9,"key_topics":"Innovation Center, Startups, Industry 4.0, Investment, Partnership","date_of_event":"Not specified","valuation_amount":"55 billion euros","impact_on_company":"growth-positive","investment_amount":"$25,000 grant for selected startups","structured_issues":"Investment, Partners","acquisition_amount":"None","structuredIssuesShow":"#Investment, Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"JUx9e41FRSRALBBpREeTQ6NZucQsSMtyJJolpfGo0zO7rGavlTPRGe","news_summary":"שניידר אלקטריק תקים מרכז חדשנות לסטארט-אפים בישראל","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"e88a2a5a-49e8-4b11-8840-0af8099770c0","date":"Jul 20, 2020","link":"https://www.pc.co.il/kehila/319551/","source":"www.pc.co.il","visible":1,"analysis":{"tags":"office renovation","company":"Schneider Electric","layoffs":null,"summary":"Schneider Electrics Israeli branch has completed the renovation of its headquarters during the lockdown period. The new office space features multimedia displays, showcasing the companys latest technologies, as well as live demonstrations of its energy management solutions. The office is designed with a green color scheme, reflecting Schneider Electrics official color. The CEO of Schneider Electric Israel expressed confidence in the Israeli market and the companys growth prospects. The new office will provide the necessary infrastructure for the companys expanding activities, allowing them to host more customers and present their solutions directly.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["office renovation","technology","energy management","growth","customer presentation"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"6vSo7qA7HSiLT8m0gzTyfhaiRtW1KSfutTHn209LPhmdfWYdqTDzrY","news_summary":"שניידר אלקטריק - משרדים חדשים עם הרבה אנרגיה -","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"177624e4-11ec-4703-967c-1fcd232362fe","date":"Feb 23, 2020","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3795836,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"investment","company":"Schneider Electric","layoffs":null,"summary":"Schneider Electric has invested $10 million in Grove Ventures Capitals second fund, which focuses on early-stage Israeli deep tech companies. The fund, called Grove II, aims to lead innovation in sectors such as industry 4.0, digital health, and smart transportation. Grove Ventures Capital has already made two investments from the fund, with more to be announced. Schneider Electrics investment and partnership with Grove Ventures Capital is intended to establish a strong presence in the Israeli innovation ecosystem. Grove Ventures Capitals current commitments now total $230 million.","partners":"Grove Ventures Capital","customers":null,"investors":"Schneider Electric","confidence":9,"key_topics":["Schneider Electric","Grove Ventures Capital","fund","Israeli deep tech companies","partnership"],"date_of_event":"23.02.20","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$10 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"SfWBORg4srjIyo1LsPtXsXyYiTsd4QJ1w0e1dPHWkY2rBV0t8yjoql","news_summary":"Schneider Electric Backs Venture Capital Firm Grove","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"22b1cd58-8588-45b5-8fe6-4cec22e70c8a","date":"Jun 21, 2018","link":"https://en.globes.co.il/en/article-schneider-electric-to-invest-in-12-israeli-startups-1001242485","source":"en.globes.co.il","visible":1,"analysis":{"tags":["investment","partners"],"company":"Schneider Electric","layoffs":null,"summary":"Schneider Electric, an energy and automation giant, plans to invest in 12 startups in Israel at the seed and feasibility stages. 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