Stellantis Ventures invests in tech, sustainability startups

BE desk

Stellantis’ challenge capital capitaltreasury mentioned Thursday it’s making an investment in 10 era and sustainability startups

Stellantis Ventures could also be making an investment in a mobility challenge capitaltreasury that it has no longer named.

The automaker introduced the challenge 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 precise quantities of every funding have no longer been disclosed.

3 of the tasks supported will forming this future. They’re:

1. Nauto makes use of synthetic intelligence-equipped dashboard cameras to expect high-risk actions corresponding to insane or drowsy using. The machine offer predictive accident signals and driving force habits signals. Nauto’s protection machine might be to be had this summer time on Stellantis’ industrial fleets.

2. Trails Offroad produces off-road path guides that may be loaded into Jeep’s Uconnect infotainment machine. There are 3,000 guides in Trails Offroad’s virtual library. Make a choice untouched Jeep automobiles may have get entry to to about 200 guides starting this summer time. The left-overs might be introduced as a subscription provider.

3. Beweelsociety is an e-bike and e-biking tool developer. The corporate has designed an utility that consolidates cycling-related services and products from buying to insurance coverage and upkeep services and products. The corporate’s first e-bikes might be to be had to buy in Europe within the fourth quarter.

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