Total Energy Ventures, Innovation Scout and Catalyst

At the forefront of innovation. In a fast-moving, open, effervescent world of innovation, we strive, through Total Energy Ventures (TEV), to capture the best opportunities to drive our growth while providing solutions to future energy challenges, whether they involve alternative energies, energy efficiency, greenhouse gas emission reduction, energy storage and networks or new energy services. Total Energy Ventures acquires minority interests in innovative energy start-ups, supporting them financially, putting them in touch with investors, pointing them to marketing channels and bringing them into R&D partnerships.

The art of nurturing start-ups. A top-tier European and the leading French corporate venture capitalist, Total Energy Ventures shepherds the industrial and business development of start-ups. The aim is to respect their personalities and ecosystems, embrace open innovation and, at the same time, propagate and spur innovation inside Total. In 2014, Total Energy Ventures grew its portfolio by 50% — making eight new investments and boosting its existing stakes in three businesses, bringing the total number to 21 between 2008 and 2014. That includes NanoH2O, now divested since the company achieved liftoff in early 2014.

"Total energy Ventures offers OpenField invaluable access to front-line experience and its R&D experts, to improve our products and disseminate our technologies. The team excels in facilitating partnerships that can speed up our development."

Eric Donzier, Founder & CEO, OpenField Technology

40% of TEV's transactions result in an R&D or business deployment.