When was TotalEnergies founded?

TotalEnergies was founded in 1924.

Where is TotalEnergies' headquarters located?

TotalEnergies' headquarters is located in Paris (France).

How big is TotalEnergies' investment team?

TotalEnergies has a team of 197, including 37 partners.

How many companies has TotalEnergies invested in?

TotalEnergies has invested in 32 companies, including Stem & ADNOC.

Which companies has TotalEnergies invested in lately?

ADNOC & Ampersand Energy are the latest investments by TotalEnergies.

How many exits has TotalEnergies been involved in?

TotalEnergies' portfolio has seen 5 IPOs and 2 acquisitions.

How many unicorns are there in TotalEnergies' portfolio?

There are 2 unicorns in TotalEnergies' portfolio.

TotalEnergies - 2026 Investor Profile, Portfolio, Team & Investment Trends

1. Stem

Provider of AI and cloud-driven energy solutions. It offers a cloud-based energy solution and system that leverages real-time data, predictive analytics, energy storage, and value-added services to optimize energy use and stabilize the grid. Additionally, it offers a coordinated fleet of power monitor sub-meters, power storage devices, and monitors that give real-time visibility of grid and demand response.

Key facts about Stem

Founded Year: 2009
Location: Millbrae (United States)
Annual Revenue: $100M - $500M as on Dec 31, 2025
Stage: Public
Total Funding till date: $229M
Employee Count: 439 as on Sep 30, 2026
Investors: Mithril, BNP Paribas and 23 Others
Latest Funding Round: Series D, Jul 24, 2018, $*****
Highlight: Public

2. ADNOC

In 2022, the company recorded annual revenues of $2.67B and a net profit of $0.8B.

Key facts about ADNOC

Founded Year: 1971
Location: Abu Dhabi (United Arab Emirates)
Stage: Public
Employee Count: 51,952 as on Sep 30, 2026
Investors: GIC, Shell and 14 Others
Latest Funding Round: Post IPO, Aug 29, 2025, $*****
Highlight: Public

3. Sunfire

Manufacturer of industrial alkaline and solid oxide hydrogen electrolysis systems. These technologies facilitate the production of hydrogen for industrial applications. The systems utilize electrochemical processes to split water into hydrogen and oxygen. The equipment is designed for integration into large-scale industrial infrastructure to support decarbonization efforts.

Key facts about Sunfire

Founded Year: 2010
Location: Dresden (Germany)
Annual Revenue: €10M - €50M as on Dec 31, 2024
Valuation: $*****
Stage: Series E
Total Funding till date: $487M
Employee Count: 504 as on Sep 30, 2026
Investors: GIC, Commerzbank and 37 Others
Latest Funding Round: Conventional Debt, Jan 07, 2025, $*****
Highlight: Editors' Pick

4. ACC

Manufacturer of lithium-ion battery cells and modules for electric four-wheelers. The company offers involved in the research and development of batteries. They provide batteries with features that include recyclability, low carbon emission, and more.

Key facts about ACC

Founded Year: 2020
Location: Bruges (France)
Annual Revenue: €1B+ as on Dec 31, 2022
Stage: Series D
Total Funding till date: $1.2B
Employee Count: 1,659 as on Aug 31, 2026
Investors: Bundesministerium fur Wirtschaft und Klimaschutz, BNP Paribas and 8 Others
Latest Funding Round: Grant (prize money), May 16, 2024, $*****
Highlight: Editors' Pick

5. Adani Green Energy

Producer of renewable energy sources. The company develops, builds, owns, operates and maintains utility-scale grid-connected solar and wind farm projects. It develops wind and solar plant solution to reduce this variability. The electricity generated is supplied to central and state government entities and government-backed corporations. In 2021, the company recorded annual revenues of $0.42B and a net profit of $0.01B.

Key facts about Adani Green Energy

Founded Year: 2015
Location: Ahmedabad (India)
Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
Stage: Public
Employee Count: 1,247 as on Mar 31, 2025
Investors: IHC and TotalEnergies
Latest Funding Round: Post IPO, Jan 25, 2024, $*****
Highlight: Public

View the full list of portfolio companies

TotalEnergies has invested in 52 companies over the last 14 years, with an average of 2 new investments annually in the last 10 years. Its most recent first time investment was in ADNOC and most recent follow-on round was in Sunfire.

Here are TotalEnergies' Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	0	0
2024	2	0	2
2023	3	0	3
2022	6	0	6
2021	5	0	5
2020	0	0	0
2019	3	1	4
2018	2	0	2
2017	1	0	1

View all investments by TotalEnergies

TotalEnergies has made 5 investments in Series A stage with an average round size of $9.06M, 4 investments in Seed stage with an average round size of $1.8M and 4 investments in Series D stage with an average round size of $201M.

Here are TotalEnergies' investments by stage:

Stage of entry	No. of Investments
Series A	5
Seed	4
Series D	4
Post IPO	3
Series B	3
Others	6

Note: We have considered here, only first round of investments

View all investments by TotalEnergies

TotalEnergies has a diverse portfolio, with companies operating in the Energy, Sustainability Tech, Energy Tech, Environment Tech and Environment. Notably, it has invested in 17 Enterprise (B2B) companies, 15 Tech companies, 8 Consumer (B2C) companies and at least 5 companies focusing on Software.

Here are TotalEnergies' investments by sector:

Sector	No. of Investments
Energy	10
Sustainability Tech	10
Energy Tech	8
Environment Tech	8
Environment	5
Others	23

Note: We have considered here, only first round of investments

View all investments by TotalEnergies

TotalEnergies has made most investments in United States (4), followed by France where it has made 3 investments.

Here are TotalEnergies' investments by geography:

Country	No. of Investments
United States	4
France	3
Germany	3
India	2
United Kingdom	2
Others	10

Note: We have considered here, only first round of investments

View all investments by TotalEnergies

TotalEnergies has not made any investment in 2026 so far.

Here are the most recent investments by TotalEnergies:

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Date	Company	Location	Round Details	Round Amount	Co-Investors
Jul 10, 2024	ADNOC	United Arab Emirates	Post IPO	2198	BP Ventures [+2]
Jan 04, 2024	Ampersand Energy	Rwanda	Series A	4668	Acumen [+5]
Nov 29, 2023	Xlinks	United Kingdom	Series C	8181	-
Jul 24, 2023	Ronesans Enerji	Turkey	Seed	5631	-
May 24, 2023	Ductor	Finland	Series C	8017	-

See more recent investments made by TotalEnergies

TotalEnergies has 2 unicorns in its portfolio - Sunfire and G7 Connect. The most recent unicorn in their portfolio is Sunfire. It became a unicorn in 2022, 8 years after TotalEnergies first invested in it.

Here is a list of unicorns in TotalEnergies' portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
66	Sunfire	Manufacturer of industrial alkaline and solid oxide hydrogen electrolysis systems	2010	Energy Tech [+2]	Dresden	Series E	fckvapm
53	G7 Connect	Provider of SaaS & IoT-enabled logistics cargo tracking solutions	2006	Consumer [+2]	Beijing	Series D	pjpqorr

View more details about unicorns in TotalEnergies' portfolio

5 of TotalEnergies' portfolio companies have become public. Stem got listed on the New York Stock Exchange (NYSE), in Oct 2020 at marketcap of $2.31M and Adani Gas got listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE) at marketcap of $8.8B.

Here are TotalEnergies' portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Stem	Oct 09, 2020	Jan 08, 2015	Series B	7000
Adani Gas	Nov 09, 2018	Oct 2019	Post IPO	3760
Adani Green Energy	Jun 18, 2018	-	-	6341
ADNOC	Dec 13, 2017	Jul 10, 2024	Post IPO	8915
Clean Energy Fuels	May 25, 2007	May 22, 2018	Post IPO	3457

View more details about public companies in TotalEnergies' portfolio

2 companies from TotalEnergies' portfolio have been acquired. The most recent acquisition was 45-8 ENERGY in Apr 2026 by Adterra for $*****.

Here are TotalEnergies' portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
45-8 ENERGY	Apr 10, 2026	Nov 09, 2021	Series A	1171
ez-Wheel	Sep 26, 2023	Oct 10, 2012	Series A	1692

View all acquired companies in TotalEnergies' portfolio

TotalEnergies has a team of 197 members including 37 Partners and 14 Principals located in France, United States and 13 more locations. TotalEnergies' team does not sit on the board of any company as of now.

Here is a list of top team members in TotalEnergies:

Name	Designation	Location	Board Memberships	Contact Details
Patrick Pouyanné	Partner	France	-	2 Emails
Francois Basier	Partner	Paris	-	-
Sathishkumar NA	Partner	Chennai	-	-
Riemke LasonderOverdiep	Partner	The Hague	-	-
Olivier Bellion	Partner	Sao Paulo	-	-
Francois Good	Partner	Washington	-	-
Laurent Becerra	Partner	Paris	-	-
Thomas Mareel	Partner	Paris	-	-
Thomas Behrends	Partner	Leuna	-	-
Namita Shah	Partner	-	-	-
Philippe Montagnier	Partner	Paris	-	-

View team details of TotalEnergies

Over the past 14 years, 177 investors have co-invested in TotalEnergies's portfolio companies. This includes funds and angels.

Invested before TotalEnergies: Europa, General Electric and 68 others have invested in rounds before TotalEnergies. There are 3 companies where Europa has invested before TotalEnergies and 2 companies where General Electric has invested before TotalEnergies.
Top Co-investors of TotalEnergies: 49 investors entered a company along with TotalEnergies. These include investors like Air Liquide (3 companies).
Invested after TotalEnergies: A total of 58 investors have invested in TotalEnergies's portfolio after their investments. Top Investors include BNP Paribas (2 companies) and Europa (2 companies).