Maniv Mobility has closed a $100m second vehicle backed by a dozen corporates such as Shell, Valeo, BMW, Aptiv, Hyundai, Deutsche Bahn and Lear Corporation.
Israel-based venture capital fund Maniv Mobility yesterday closed a $100m fund with a total of 12 corporate limited partners including Alliance Ventures, the venture capital fund formed by automotive group Renault-Nissan-Mitsubishi.
Auto parts manufacturers Aptiv and Valeo, carmakers Hyundai Motor and BMW, through its investment unit BMW i Ventures, oil and gas company Shell’s corporate venturing division Shell Ventures and consumer electronics producer LG Electronics have also backed the fund.
Deutsche Bahn Digital Ventures, the investment subsidiary of rail and…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
