Stellantis Ventures, the corporate venture fund of Stellantis N.V., has considered ten startup companies and one mobility venture fund as its first key investments. Three of the projects backed by Stellantis Ventures are launching this year, validating the fund’s mission to accelerate deployment of mobility technologies and support Stellantis’ Dare Forward 2030 strategic plan.
The details on the startups are the following:
6K, which enables sustainable manufacturing to ensure clean, low-carbon emission material production.
Beweelsociety is a developer of connected e-bikes and provider of a wide range of services from purchasing to cycling through one digital app, including financing, insurance, facilitation and care services (maintenance, anti-theft).
NetZero, a climate venture working in long-term carbon removal from the atmosphere by turning agriculture residues into biochar, a very stable form of carbon.
Nauto deployed artificial intelligence and computer vision technology combined with advanced risk data science to over 800 commercial fleets. Nauto’s safety system assesses both driver behavior risk and external road risk, warning and coaching drivers to reduce distracted driving and prevent collisions in real time while respecting driver privacy. The Nauto solution will be available this summer in the United States on Stellantis commercial fleet vehicles.
Trails Offroad offers a digital library of more than 3,000 detailed offroad trail guides throughout the United States and Canada that can be loaded in the Jeep Uconnect system. Each trail guide provides detailed information including route description, key waypoints, difficulty ratings, points of interest, videos and reviews. Beginning in summer 2023, select new Jeep vehicles will have access to over 200 trail guides, including the 62 Jeep Badge of Honor trails. The full catalog will be offered as a subscription service.
Viaduct, an artificial intelligence platform designed to improve vehicle analytics for quality and maintenance. The platform deploys its machine learning algorithms to identify anomalies in fault and sensor data, predict vehicle health and enhance preventative maintenance routines.
Geoflex, an operator of satellite positioning augmentation technology designed to augment accuracy, integrity, and continuity of operation of all global navigation satellite systems receivers.
Envisics offers dynamic holographic technologies and its application for augmented reality head-up displays (AR-HUDs) and automotive sensor systems.
Electra Vehicles, a provider of battery software solutions for electric mobility. Electra provides active and adaptive controls for battery management systems, predictive battery analytics and battery pack design software.
Lyten created Lyten 3D Graphene, a decarbonization materials platform tunable for a wide range of applications: lightweight composites for reduced vehicle weight, advanced sensors to improve driver experience, and a highly sustainable lithium-sulfur battery that uses zero nickel, cobalt or manganese.
Stellantis Ventures is not yet disclosing the name of the mobility venture fund investment.