Schneider Electric Ventures, the corporate venture fund of Schneider Electric, announced the opening of a new office in Beijing, China which will be led by Li Ming.
"Our strategy is to enlarge our geographical coverage of Innovation in the emerging high-tech Chinese market. With a local presence, we will be able to significantly enhance our penetration in the local venture capital and start-up ecosystem. This will allow us to increase our deal-flow in the area and identify earlier high-potential companies" comments Jean-Marc Bally, General Partner of the Fund.