Ground transport-focused VC fund Autotech Ventures has added the car safety equipment maker to its corporate backers as it moves toward a $150m close.

Car safety equipment manufacturer Autoliv has provided $15m in capital for Autotech Ventures, a US-based venture capital fund focusing on digital ground transport technology.

Autotech invests in startups developing emerging technologies associated with mobility services and connected, autonomous and energy-efficient vehicles. A December 2016 regulatory filing indicated that the fund had then raised $49.8m on its way to a $150m target for its close.

Clean vehicle technology producer BorgWarner invested $10m in the fund in April this year, and…