Renault Nissan Mitsubishi SV Alliance Lab

From Open Energy Information

Renault Nissan Mitsubishi SV Alliance Lab Alliance Ventures is a strategic venture capital fund of up to $1 billion over the next five years, operated by Renault-Nissan-Mitsubishi, the world’s leading automotive alliance.

The fund, launched in 2018, with a $200 million initial investment is co-located in Amsterdam, Silicon-Valley, Paris, Yokohama, Beijing and Tel Aviv from where it targets technology and business model innovation in New Mobility, Autonomous Driving, Connected Services, EV & Energy and Enterprise 2.0.

Alliance Ventures is the main interface with the Alliance and its member companies for start-ups, incubators, accelerators, investors and the venture capital eco-system. By drawing on expertise and business opportunities from across the world’s leading automotive alliance, we pursue strategic investments at all maturity stages in startups developing disruptive technologies or businesses, focusing mainly on Series A and B, plus follow-on investments to support the start-up’s growth.