Stellantis Ventures Makes 11 Investments in Sustainable Mobility

Stellantis Ventures, the corporate venture fund of Stellantis NV, has invested in 10 startup companies and one mobility venture fund so far.

Stellantis launched Stellantis Ventures in March 2022 as a key component of the automaker’s “Dare Forward 2030” strategic plan. Dare Forward 2030 sets out a series of important targets, led by deep emission cuts to slash CO2 in half by 2030 and achieve carbon net zero by 2038 with single-digit-percentage compensation of the remaining emissions.

Three of the projects backed by Stellantis Ventures are launching this year, “validating the fund’s mission to accelerate deployment of innovative, customer-centric mobility technologies and support Stellantis’ Dare Forward 2030 efforts in leading the change to a more sustainable mobility and better in-vehicle experience for all customers,” according to Stellantis.  

“Transforming Stellantis into a mobility tech company means we need to have the mindset of a startup, focused on our customers and working with a dash of impatience,” said Ned Curic, Stellantis chief technology officer. “We are using the strength of Stellantis Ventures to connect with companies that are developing cutting-edge technology that we believe can transform the in-cabin experience and improve the mobility sector, for our customers and for society as a whole.”

Investments support the Dare Forward 2030 strategy and are aligned to the three core pillars: Care, Tech and Value.

  • 6K enables advanced sustainable manufacturing to ensure clean, low-carbon-emission material production.
  • Beweelsociety, a startup with roots inside Stellantis, is a developer of connected e-bikes and provider of a wide range of services from purchasing to cycling through one unique digital app, including financing, insurance, facilitation and care services (maintenance, anti-theft).
  • NetZero is a climate venture specializing in long-term carbon removal from the atmosphere by turning agriculture residues into biochar, a very stable form of carbon.
  • Nauto is deploying artificial intelligence and computer-vision technology combined with advanced risk-data science to more than 800 commercial fleets to help save money and lives through safer driving.
  • Trails Offroad, staffed by off-road experts and enthusiasts, 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.
  • Viaduct is an artificial-intelligence platform, designed to improve vehicle analytics for quality and maintenance.
  • Geoflex is a worldwide operator of satellite positioning augmentation technology designed to augment accuracy, integrity and continuity of operation of all global navigation satellite systems receivers, whatever the brand is.
  • Envisics is a globally renowned pioneer of dynamic holographic technologies and its application for augmented-reality head-up displays (AR-HUDs) and automotive sensor systems.
  • Electra Vehicles is a leading provider of battery software solutions for electric mobility.
  • Lyten created Lyten 3D Graphene, a unique decarbonization materials platform tunable for a wide range of advanced applications.

Stellantis Ventures will be present at MOVE 2023 on June 21-22 as an exhibitor in booth No. 36 and a main speaker, delivering the opening keynote on June 22 and joining a panel discussion on “The start-up ecosystem and the unicorn journey.”

Stellantis Ventures is not disclosing the name of the mobility venture fund investment.