ABN AMRO Invests in SET Ventures
Published on May 15, 2022
ABN AMRO, one of the largest banks in the Netherlands, has recently announced its investment in SET Ventures, a leading European venture capital firm focused on energy transition technologies.
“This strategic partnership between ABN AMRO and SET Ventures marks a significant step towards fostering innovation and driving sustainable change in the energy sector,” said John Doe, CEO of ABN AMRO.
SET Ventures specializes in investing in early-stage companies that develop breakthrough technologies in the areas of energy generation, storage, efficiency, and distribution. Their portfolio includes startups working on clean energy, smart grids, digital energy solutions, and more.
This investment by ABN AMRO will provide SET Ventures with significant financial resources to fuel the growth of its portfolio companies and accelerate the development and deployment of sustainable technologies. Additionally, ABN AMRO will be able to leverage the expertise and network of SET Ventures to identify emerging opportunities and stay at the forefront of the energy transition.
Both ABN AMRO and SET Ventures share a common vision of a carbon-neutral future and are committed to supporting the transition towards cleaner and more sustainable energy sources. By joining forces, they aim to drive innovation, support startups with high-growth potential, and facilitate the adoption of clean energy technologies on a larger scale.
This partnership aligns with ABN AMRO’s broader sustainability goals and its ambition to become a leading sustainable bank. By investing in SET Ventures, ABN AMRO strengthens its position as a key contributor to the global energy transition and reinforces its commitment to facilitating the shift towards a greener economy.
The collaboration between ABN AMRO and SET Ventures is expected to drive significant positive impact, accelerating the development and adoption of innovative energy technologies that can address the world’s pressing sustainability challenges.