The car producer will invest in everything from autonomous driving to non-fungible tokens through the newly launched Stellantis Ventures.

Netherlands-headquartered automotive manufacturer Stellantis has launched a €300m ($331m) corporate venture capital vehicle to invest in technology that could be applied to the automotive and mobility sectors.

Stellantis Ventures will invest in early and later-stage companies specialising in a wide range of technologies related to automotive technology.

Target areas for the fund include autonomous driving, electronics, sustainability, energy, connectivity and advanced materials, software or manufacturing as well as financial technology, sales tools, the supply chain, virtual reality and even non-fungible tokens.

Stellantis said the fund will operate as a strategic investor in a way that allows for new technologies to be integrated into the company within compressed timeframes – in months as opposed to years.

The corporate had co-led a $200m series D round for electric vehicle battery developer Factorial Energy with fellow carmaker Mercedes-Benz in January this year. It also became a limited partner in private equity firm…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.