The fund will provide portfolio companies with cash and access to BlackBerry’s customers as well as access of up to $100,000 in AWS credits.
BlackBerry, a US- and Canada-listed communications services provider, has set up a $50m corporate venturing fund.
The BlackBerry IVY Innovation Fund will target startups useful to data-driven automotive ecosystem providers.
Announced in December 2020 as part of a multi-year, global agreement with Amazon Web Services (AWS), BlackBerry IVY is the company’s intelligent vehicle data platform.
