TotalEnergies Ventures
Corporate venture and startup accelerator arm of TotalEnergies SE, operating the TotalEnergies On program at Station F in Paris to accelerate early- to growth-stage startups across the electricity and renewable energy value chain, with pathways to acquisition or commercial contract by the parent.
- Company typePublic
- Founded1924
- HeadquartersLa Défense, France
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What TotalEnergies Ventures does
TotalEnergies Ventures is the corporate venture capital and startup acceleration arm of TotalEnergies SE, a publicly listed French integrated energy major (Euronext Paris and NYSE: TTE). Its principal operating vehicle is TotalEnergies On, a structured 6-month startup accelerator launched in June 2022 and co-located at Station F in Paris, with HEC Paris providing entrepreneurial mentoring. The program sources early-to-growth-stage startups through open application calls held every six months, and selectively admits cohorts of approximately 10 startups per batch focused on the electricity value chain: renewable electricity production, energy storage, decentralized energy management, energy trading, consumer electricity sales, and electric mobility.
Selected startups receive privileged access to TotalEnergies SE's teams, subject-matter experts, physical infrastructure, and existing enterprise customer base for product experimentation and pilot deployment, with the explicit possibility of subsequent acquisition or commercial contract. Since launch the program has accelerated 57 startups across six batches (through Batch #6 in 2025), executed three acquisitions in December 2023 (Dsflow, Nash Renewables, and Predictive Layer), and signed commercial contracts with 10 or more additional portfolio companies. The venture function does not generate standalone product revenue; instead, it operates as a strategic innovation channel for TotalEnergies SE's multi-energy transition strategy, with portfolio outcomes flowing back to the parent as acquired capability or contracted supply.
The unit is funded from the corporate balance sheet of TotalEnergies SE and operates within a globally distributed energy group with operating geographies in Europe (France) and Asia Pacific (India, where a 2025 joint LPG supply tender with Chevron and Phillips 66 was won). Marketing and deal sourcing rely on tech-event visibility (VivaTech 2022-2024), Station F Demo Days, and recurring open-application calls. Leadership includes a Managing Director and CTO, a President, a General Manager, a Managing Director for Asia, and additional Managing Directors and principals covering business development.
TotalEnergies Ventures firmographics
Firmographics- Name
- TotalEnergies Ventures
- Legal name
- TotalEnergies SE
- Website
- https://ventures.totalenergies.com
- Company type
- Public
- Founded year
- 1924
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Corporate venture and startup accelerator arm of TotalEnergies SE, operating the TotalEnergies On program at Station F in Paris to accelerate early- to growth-stage startups across the electricity and renewable energy value chain, with pathways to acquisition or commercial contract by the parent.
- Ownership category
- akta.pro rank
TotalEnergies Ventures industry classification
Industry- Product category
- Corporate Venture Capital / Startup Acceleration
- akta.pro primary industry
- Corporate Accelerators & Startup Programs (FSANAHAD)
- akta.pro secondary industry
- Venture Studios / Company Builders (FSANAAAH)
Keywords
Where TotalEnergies Ventures is headquartered
LocationHeadquarters
- HQ city
- La Défense
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
TotalEnergies Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
TotalEnergies Ventures product offering
Product offeringCore offering
TotalEnergies Ventures operates TotalEnergies On, a six-month startup accelerator program launched in June 2022 at Station F in Paris that supports early- to growth-stage startups developing solutions across the electricity value chain, including renewable electricity production, energy storage, decentralized energy management, energy trading, consumer electricity sales, and electric mobility. Selected startups receive access to TotalEnergies' teams, experts, infrastructure, and customers for product experimentation, plus entrepreneurial mentoring from HEC Paris, with the potential to be acquired by or sign commercial contracts with TotalEnergies. As of December 2023, 57 startups had been accelerated across six batches, three had been acquired by TotalEnergies, and more than ten had signed commercial contracts.
Product overview
TotalEnergies On is a single, unified startup accelerator program dedicated to electricity and renewable energy businesses. Launched in June 2022, the program provides a structured 6-month acceleration track for startups developing solutions across the electricity value chain. TotalEnergies On integrates startups into the company's ecosystem, offering mentorship, infrastructure access, and potential acquisition pathways, with 3 startups from the program (Dsflow, Nash Renewables, and Predictive Layer) having been acquired as of December 2023.
Differentiator
Problem solved
Functional benefit
Brands
- TotalEnergies On: Startup accelerator program dedicated to electricity businesses, launched in 2022 at Station F in Paris. The program supports startups developing solutions across the electricity value chain including renewable energy production, energy storage, decentralized management, trading, consumer sales, and electric mobility.
Products and services
- TotalEnergies On TotalEnergies On is TotalEnergies Ventures' startup accelerator dedicated to electricity and renewable energy businesses. Selected startups join a six-month program at Station F in Paris with access to TotalEnergies' teams, experts, infrastructure, and customer base for product experimentation, plus entrepreneurial mentoring from HEC Paris. The program targets early- to growth-stage startups working on renewable electricity production, energy storage, decentralized energy management, energy trading, consumer electricity sales, and electric mobility, and can lead to commercial contracts or acquisition by TotalEnergies.
Quantifiable outcome
- 3 startups acquired and 10+ commercial contracts signed by December 2023
Companies that use TotalEnergies Ventures
Customer profileNamed customers4 records
Segments1 record
Ideal customer profiles1 record
TotalEnergies Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TotalEnergies Ventures partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- India State RefinersminorTotalEnergies was awarded a contract to supply US LPG to India's state refiners through a joint tender with Chevron and Phillips 66. The contract aims to increase US LPG imports to approximately 10% of India's total consumption.
- Station FcoreStation F, the world's largest startup campus in Paris, serves as the physical home for TotalEnergies On. The partnership provides participating startups access to the broader Station F ecosystem, facilities, and networking opportunities with other startups and mentors.
- HEC PariscoreHEC provides entrepreneurial mentoring to TotalEnergies On participants. The collaboration gives startups access to HEC faculty expertise, business development resources, and the prestigious business school's alumni network.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
TotalEnergies Ventures competitors and assessment
Company assessmentDirect peers
- Chevron Technology Ventures: Chevron's CVC arm investing in and accelerating energy and climate-tech startups. Direct comparable as a major oil & gas major running a corporate venture/accelerator program for emerging energy technologies.
- Shell Ventures: Shell's corporate venture capital arm investing in low-carbon and innovative energy startups. Comparable in being a supermajor-backed CVC targeting the same transition-adjacent startup ecosystem as TotalEnergies On.
- bp ventures: bp's CVC arm investing in early-to-growth stage startups across energy, mobility, and digital. Direct peer in mandate and structure to TotalEnergies Ventures.
- Eni Next: Eni's corporate venture arm focused on the energy transition, decarbonization, and circular economy. Comparable as a European integrated oil major's CVC targeting climate-tech.
- Equinor Ventures: Equinor's CVC arm investing in renewable energy, low-carbon, and digital startups. Direct comparable in mission and structure for a major integrated energy company.
- EDF Pulse: EDF's startup accelerator and incubator program targeting electricity and energy transition startups. Especially close peer as a French utility running a multi-cohort accelerator at Station F and other hubs.
- Engie Ventures: Engie's CVC and innovation arm backing startups in renewables, energy management, and decarbonization. Closely comparable to TotalEnergies Ventures in mission, geography, and parent-company structure.
- Aramco Ventures: Saudi Aramco's corporate venture arm investing in energy, sustainability, and industrial technologies. Direct comparable as a global oil-major CVC with large-scale deployment capacity.
- Repsol Energy Ventures: Repsol's corporate venture vehicle investing in decarbonization, mobility, and renewable energy startups. Comparable European integrated energy major CVC structure.
- Iberdrola Startups / PERSEO: Iberdrola's CVC arm (PERSEO) investing in startups in renewables, smart grids, storage, and electrification. Direct comparable as a utility-major CVC operating in overlapping electricity value-chain themes.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
TotalEnergies Ventures social profiles
Digital presenceTotalEnergies Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
TotalEnergies Ventures leadership team
Management profileNumber of profiles
Profiles10 records
TotalEnergies Ventures subsidiaries and ownership
Company hierarchySubsidiaries4 records
TotalEnergies Ventures funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TotalEnergies Ventures M&A and investment
M&A and investmentM&A
Investments93 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TotalEnergies Ventures
What does TotalEnergies Ventures do?
TotalEnergies Ventures operates TotalEnergies On, a six-month startup accelerator program launched in June 2022 at Station F in Paris that supports early- to growth-stage startups developing solutions across the electricity value chain, including renewable electricity production, energy storage, decentralized energy management, energy trading, consumer electricity sales, and electric mobility. Selected startups receive access to TotalEnergies' teams, experts, infrastructure, and customers for product experimentation, plus entrepreneurial mentoring from HEC Paris, with the potential to be acquired by or sign commercial contracts with TotalEnergies. As of December 2023, 57 startups had been accelerated across six batches, three had been acquired by TotalEnergies, and more than ten had signed commercial contracts.
Is TotalEnergies Ventures a public or private company?
TotalEnergies Ventures is a public company. It is classified as public and is currently operating.
When was TotalEnergies Ventures founded?
TotalEnergies Ventures was founded in 1924. It employs 5,001 to 10,000 people.
Where is TotalEnergies Ventures based?
TotalEnergies Ventures is headquartered in La Défense, France, in the Europe region.
Who are TotalEnergies Ventures's main competitors?
Direct peers on record are Chevron Technology Ventures, Shell Ventures, bp ventures, Eni Next, Equinor Ventures, EDF Pulse, Engie Ventures, Aramco Ventures, Repsol Energy Ventures and Iberdrola Startups / PERSEO.
Does TotalEnergies Ventures have an API?
No public API is recorded for TotalEnergies Ventures.
What industry is TotalEnergies Ventures in?
TotalEnergies Ventures's product category is Corporate Venture Capital / Startup Acceleration. Its primary akta.pro industry code is FSANAHAD, Corporate Accelerators & Startup Programs, with a secondary code of FSANAAAH, Venture Studios / Company Builders.