Bosch Business Innovations aims to launch 20 startups by 2030, focusing on health, software-defined manufacturing and carbon capture.
Bosch is stepping up its efforts to create startups from within, committing €200m over the next five years to build a portfolio of deep tech ventures beyond its core business lines.
The initiative, led by its venture-building arm Bosch Business Innovations, aims to launch 20 startups by 2030, focusing initially on remote health monitoring, software-defined manufacturing and carbon capture technologies.
The move reflects a broader shift among large corporations towards venture building—creating companies from scratch rather than simply investing in external startups—as a way to exert greater control over innovation and capture long-term value. The approach has gained traction as traditional corporate venture capital models face questions over their strategic impact.
Our 2025 report surveyed 100+ corporate venture building units globally to build a picture of current common practice and benchmarks.
Bosch’s model combines its industrial capabilities with external entrepreneurial talent. Startups are formed at pre-seed stage, with outside founders brought in early to build and run the businesses, while gaining access to Bosch’s research, patents and global supply chains.
“We want to systematically turn ideas into scalable businesses,” said Axel Deniz, chief executive of Bosch Business Innovations (pictured above), adding that the goal is to pair the group’s technical depth with the speed of startup execution.
The initial sectors play to Bosch’s strengths. In healthcare, the group plans to leverage its sensor technology and hospital partnerships to develop remote monitoring tools. In manufacturing, it is targeting software-led platforms for industrial production. And in carbon capture, it is seeking to commercialise existing intellectual property to address industrial decarbonisation.
Bosch is also working with venture studios and external investors to source founders and co-funding, underlining the increasingly collaborative nature of venture building ecosystems.
As corporations look for more direct routes into emerging technologies, the question is whether building startups in-house can deliver faster—and more durable—results than backing them from the sidelines.
