Venture firm Autotech Ventures has received $10m in capital from clean automotive technology provider BorgWarner, which aims to begin making its own VC investments.

Clean vehicle technology producer BorgWarner has provided $10m for US-based venture capital firm Autotech Ventures as part of an overall strategic investment plan.

Autotech supplies VC funding to startups developing software, services or electronics technology for use in connected, autonomous and energy-efficient vehicles and mobility services.

BorgWarner decided to put up the capital in order to access innovative autonomy and electrification technologies. It also plans to independently invest in “a handful” of startups, in addition to being a supplier, buyer…