Kurt Kaltenegger
Vice President at ABB
Kurt Kaltenegger
Vice President at ABB
Bad Zurzach, Aargau
Overview
Work Experience
Group Vice President / Head of ABB Technology Ventures
2019 - Current
Key achievements • Strong impact to R&D Roadmaps and Business Strategies through foresight studies and Technology Sector investigations • Expected MOIC multiple on invested capital > 3x (based on FMV fair market value of startup portfolio) • Tripled number of investments and money invested in 2022 compared with average of current years • Unicorn status: NorthVolt (SE), CMR Surgical (UK), Hailo (IL) • Remarkable and pioneering investments: Automata (UK), BrainBox (CA), Stellapps (IN), Vion Vision (CN), Key DH Technologies (CA), Natron (US), UU Green (CN), YKC (CN), Enervalis (BE), Vicarious (US) • Currently (Q1 20023) Board Director: Automata (UK), PointGrab (IL), Key DH Technologies (CA), Scalable Robotics (US) • Past Board Director Seats: Graphmatech (SE), Scotrenewables (Orbital) (UK) • Board Observer seats (past / current): MineSense, TaKaDu, Vion Vision, Stellapps, Pentalum, Aquamarine Power, Enervalis, • (past / present): KIC InnoEnergy VC Community, jury member WEF Technology Pioneers, jury member Webit Founders Games, etc. • Current (Q1 2023): • Investment Committee: VI Partner Venture Incubator • Investor Advisory Board: NorthVolt • LPAC Limited Partner Advisory Committee: China Environment Fund (Tsing Capital) • Advisory Committee: Alchemist Climate Ventures Carbon Removal Fund • LP (as representative of ATV) in different Venture Funds: Emerald Technology Ventures (CH), Grove (IL), GRC SinoGreen (CN), (in total responsible for 10 institutional VC Funds, ATV as LP) • Member of PWC VC/CVC round table discussions
Member Board of Directors
2023
Robotics - easy Programming for Welding Applications
Member Board of Directors
2022
Hydrogen electrolyzer and Deuterium generation
Member Board of Directors
2017
Optical sensing solutions for commercial building occupant analytics (including presence, location, and people counting).
Member Board of Directors
2016
Robotics, Lab Automation, automated testing
Member Board of Directors
2020 - 2022
Graphene-based advanced materials and composites. Early stage with high potential markets around hydrogen, metals and additive manufacturing.
Member Board of Directors
2012 - 2019
Tidal turbine
Group Vice President / Head of Technology ABB Technology Ventures
2010 - 2019
Dr. Kurt Kaltenegger Group Vice President, CTO of ABB Technology Ventures and member of ABB Technology Core Team. The Corporate Venture Capital ABB Technology Ventures, is focused on investments in proximity to ABBs business, Power Products and Systems and Industrial Automation Technologies. ATV: http://www.abb.com/ventures As ABB Technology Ventures CTO I am the main technology advisor and driver of equity and fund investments made by ABB Technology Ventures (ATV) and responsible for evaluating and supporting all investments from a technology perspective. I am key advisor on technology trends, emerging technology opportunities (incl. technology threats) to the Businesses, Corporate Research Center (CRC) and Technology Core Team (TCT) as member of the TCT. ABB Technology Ventures reports to ABBs’ CEO, CFO, CTO and other EC members. In this position I am responsible to scout for interesting Technology developments in proximity to ABBs Business, to prepare strategic decision base for future growth opportunities via early initiated activities in the identified sectors. Further I am responsible to identify attractive investment targets (start-ups) and to educate ABBs Technology Managers on spearheading Technologies cross whole ABB spectrum. The role is close to an Innovation Officer. The yearly budget for investments is in range of $100M. In this position I have high priority access to ABBs global engineering and Research pool of 7000 scientists. Success is measured mainly in the strategic dimension, in the impact our team is able to make on ABBs future long term growth opportunities via emerging disruptive Technologies.
Director Research Center ABB China and CTO ABB China
2007 - 2010
ABB Director Research Center in China and CTO China Group Vice President In this position I was responsible for the Power Systems and Power Products Research and Development in the field of Energy efficiency, transfer capacity enhancement, grid security, Distributed Generation, rural electrification, bulk power transmission (HVDC), Insulation coordination under harsh environment, material development for HV applications, Fault current limiter development; as well as Operations Development (efficiency and quality improvement in production process) and for Robotic development in Shanghai (industry robots). Main focus in this responsibility was to develop new solutions and concepts, Technologies in the field of future Power Transmission and Distribution, Technology Transfer process optimization, Knowledge transfer (explicit/tacit), visibility of ABB R&D in China, the training of engineers, development of engineers towards innovators, coordination of ABBs R&D activities in China, University Projects, dialogue with local Academia and customers and IP protection.
Business Unit Technology Manager
1999 - 2006
ABB Global BA/BU Technology Management Medium Voltage Products Group Vice President In this position I was responsible for Innovations in the field of Power Distribution products, Technology Leadership in global competition, the Return of Investment on new Technologies, relative business generated through new products and time to market with this innovations. I was responsible for the quality of worldwide MV Equipment development and BU R&D process, all the MV Technology Centers (14 locations worldwide, around 500 engineers) and their Output as well as the Knowledge and Resource Management across MV Technology Centers.
Education
na
1991 - 2007
PhD in Physics
1985 - 1990