Stellantis Launches a $300 Million Euro Venture Capital Fund That Will Invest in Innovative Automotive Technology Startups

Automaker Stellantis has launched a venture capital fund called Stellantis Ventures that will help support innovative startups working on advanced mobility solutions for the auto industry, such as autonomous driving, software, advanced materials, vehicle connectivity and related technology. Stellantis Ventures will initially invest €300 million (US$331 million) in early and late-stage startup companies.