As managing director of Schlumberger Ventures, the corporate venture capital (CVC) arm of the energy sector technology leader Schlumberger, it is Arindam Bhattacharya’s role to identify and invest in energy transition opportunities for the parent company, and support partnership development between portfolio companies and the relevant Schlumberger businesses.
Prior to joining the CVC unit in August 2020, he had spent more than 25 years at Schlumberger in various senior leadership roles, including corporate vice-president (VP) of strategy, marketing and technology, global business line president and region president. In his earlier roles in Schlumberger, Bhattacharya has led businesses in Asia and Latin America.
Schlumberger Ventures partners and invests in early-stage technology developers in strategic areas including, among others, new energy sectors such as clean hydrogen production, sustainable lithium production, energy storage, carbon capture, utilization and sequestration, geothermal power generation and geoenergy for built environments; decarbonization sectors such as emissions management solutions; and advanced digital solutions for the energy industry. The unit manages a portfolio of 26 strategic investments.
Recent investments have included lead investor roles in the $105m series C round for Gradiant, a developer of cleantech water projects, as well as the $130m series A round for large-scale battery specialist EnerVenue.
Bhattacharya holds a master of science in petroleum engineering and project management from Heriot-Watt University in Edinburgh, Scotland and a bachelor’s degree in electrical engineering from Indian Institute of Technology, Kanpur.
