Stellantis’ enterprise capital fund stated Thursday it’s investing in 10 know-how and sustainability startups
Stellantis Ventures can be investing in a mobility enterprise fund that it has not named.
The automaker launched the enterprise capital arm in March 2022 as a part of Stellantis’ Dare Ahead 2030 plan. The unit has $326.5 million to distribute to startups. The particular quantities of every funding haven’t been disclosed.
Three of the tasks supported will launch this 12 months. They’re:
1. Nauto makes use of synthetic intelligence-equipped dashboard cameras to foretell high-risk actions comparable to distracted or drowsy driving. The system provides predictive collision alerts and driver habits alerts. Nauto’s security system might be obtainable this summer time on Stellantis’ industrial fleets.
2. Trails Offroad produces off-road path guides that may be loaded into Jeep’s Uconnect infotainment system. There are 3,000 guides in Trails Offroad’s digital library. Choose new Jeep automobiles could have entry to about 200 guides starting this summer time. The rest might be supplied as a subscription service.
3. Beweelsociety is an e-bike and e-biking software program developer. The corporate has designed an utility that consolidates cycling-related providers from buying to insurance coverage and upkeep providers. The corporate’s first e-bikes might be obtainable to buy in Europe within the fourth quarter.