Alliance Ventures is the strategic venture capital fund of Renault-Nissan-Mitsubishi.
Alliance Ventures is the strategic venture capital fund of Renault-Nissan-Mitsubishi, the world’s largest automotive alliance. The fund, launched in 2018 and co-located in Amsterdam, Silicon-Valley, Paris, Yokohama, Beijing and Tel Aviv, plans to invest up to $1 billion in its first five years to support open innovation. Alliance Ventures targets technology and business model innovation in new mobility, autonomous driving, connected services, EV & energy and enterprise 2.0. By drawing on expertise and business opportunities from across the world’s largest automotive alliance, the fund makes strategic investments at all start-up stages and incubates new automotive entrepreneurs at the cutting edge of next-generation systems for the automotive industry. Alliance Ventures is aligned with the objectives of “Alliance 2022”, the Renault-Nissan-Mitsubishi’s midterm plan which aims to strengthen cooperation and double the annualized synergies generated by Renault, Nissan and Mitsubishi Motors to more than €10 billion.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Nov 4, 2022
The Mobility House
|
Series C | €51.11M | Electric Vehicle | — |
May 13, 2021
WeRide
|
Series C | $310M | Artificial Intelligence | — |
Oct 21, 2019
Upstream Security
|
Series B | $30M | Autonomous Vehicles | Yes |
Jun 27, 2019
The Mobility House
|
Series Unknown | — | Electric Vehicle | Yes |
May 18, 2018
Shift
|
Series C | — | Automotive | — |