Gaule: Give a brief description of the purpose of your fund.
Schmidt: We are a strategic investor and our purpose is to provide Robert Bosch access to innovative start-ups. The technologies we are looking for should be in the vicinity or at the forefront of Robert Bosch’s product roadmaps or open new business areas.
Although our reason for existence is strategic, Bosch expects us to achieve risk-adequate venture capital returns. Robert Bosch Venture Capital was formed in December 2007…