Alliance Ventures

Alliance Ventures is the corporate venture capital arm of the Renault-Nissan-Mitsubishi Alliance, established in 2018 and based in Amsterdam. The organization focuses on investing in innovative technologies and business models within the automotive sector, including new mobility solutions, autonomous driving, connected services, electric vehicles, energy, and Enterprise 2.0. With a commitment to invest up to $1 billion in its initial five years, Alliance Ventures aims to foster open innovation and support the development of next-generation systems in the automotive industry. The firm leverages the extensive expertise and global presence of the Alliance to make strategic investments throughout all stages of startup development and to nurture emerging automotive entrepreneurs. Its activities align with the goals of the Alliance's midterm plan, which seeks to enhance collaboration and significantly increase annual synergies among Renault, Nissan, and Mitsubishi Motors.

Lei Qi

Investment Principal

21 past transactions

Kvist Solutions

Seed Round in 2025
Kvist Solutions AS is a software development company based in Oslo, Norway, that focuses on simplifying the BREEAM certification process for buildings. The company offers a digital documentation platform that provides a comprehensive overview of projects, allowing users to track progress and status throughout the certification journey. By facilitating effective environmental management, Kvist Solutions enables individuals and businesses to contribute to sustainability efforts. The platform also allows auditors to assess documentation readiness and set deadlines, ensuring a more organized and efficient certification process. Kvist Solutions is committed to empowering users to make informed, sustainable choices, reflecting its dedication to environmental responsibility. The company operates with a team of 15 employees within the internet industry.

Bits Technology

Seed Round in 2023
Bits Technology develops automation software aimed at simplifying and democratizing financial technology services. The company's platform orchestrates and automates the management of infrastructure providers for fintech companies, utilizing a low-code experience. By connecting various data sources and streamlining workflows, Bits Technology enables clients to efficiently launch new products across multiple markets. This approach allows clients to create dynamic onboarding workflows, ultimately helping them focus on achieving meaningful customer outcomes.

1X

Series A in 2023
1X designs and develops humanoid robots to operate in the physical world. Its robots enable security, retail, logistics, and healthcare companies to deploy safe, capable, and affordable robots to work alongside their employees.

The Mobility House

Series C in 2022
The Mobility House AG, founded in 2009 and based in Zurich, Switzerland, specializes in electric vehicle charging systems and energy management solutions. The company aims to promote e-mobility by providing safe, sustainable, and affordable charging infrastructure, enabling both businesses and individuals to transition from fossil fuel dependency. As one of Europe’s leading providers in the electric mobility sector, The Mobility House focuses on developing charging solutions and managing battery storage for energy systems. Their offerings facilitate the integration of vehicle batteries into the power grid, catering to clients in the automotive and energy industries, as well as individual electric vehicle users. By emphasizing quality products, competitive pricing, and excellent customer service, The Mobility House strives to meet the evolving needs of its customers and partners in the growing market for electric mobility.

Bits Technology

Pre Seed Round in 2022
Bits Technology develops automation software aimed at simplifying and democratizing financial technology services. The company's platform orchestrates and automates the management of infrastructure providers for fintech companies, utilizing a low-code experience. By connecting various data sources and streamlining workflows, Bits Technology enables clients to efficiently launch new products across multiple markets. This approach allows clients to create dynamic onboarding workflows, ultimately helping them focus on achieving meaningful customer outcomes.

WeRide

Series C in 2021
WeRide is a leading, commercial-stage global company that develops Level 4 autonomous driving technologies. WeRide aims to develop safe and reliable driverless solutions to make mobility and transportation safer, more affordable and accessible. WeRide is conducting autonomous driving R&D, tests and operations in over 25 cities around the world. As the pioneer leader in autonomous technologies and services, WeRide has stepped up to the commercial stage in operations. WeRide offers an all-rounded product mix of Robotaxi, Robobus, Robovan, Robosweeper and ADAS, providing smart services in online ride-hailing, on-demand transport, urban logistics, sanitation services and acting as a solution provider. Established in 2017, WeRide is headquartered in Guangzhou, China, and has expanded its R&D and operation centers to Beijing, Shanghai, Shenzhen, Zhengzhou, Nanjing, Wuhan, and Anqing, as well as San Francisco in the US. WeRide has formed strategic partnerships with leading global OEMs and Tier 1 supplier including Renault-Nissan-Mitsubishi Alliance, Yutong Group, GAC Group, Bosch, etc.

Otonomo

Series C in 2020
Otonomo is a provider of vehicle data, operating a platform that connects original equipment manufacturers (OEMs), fleets, and various service providers within a robust data ecosystem. The Otonomo Vehicle Data Platform securely ingests over 4 billion data points daily from more than 40 million vehicles, enriching and reshaping this data to facilitate the development of new services that enhance the automotive experience. The platform emphasizes privacy and neutrality, ensuring compliance with regulations such as GDPR and CCPA. It functions as a neutral intermediary, offering secure access to a wide range of data attributes that provide insights into driver behavior, vehicle health, and traffic conditions. Otonomo's solutions support diverse use cases, including emergency services, mapping, electric vehicle management, subscription services, parking, predictive maintenance, insurance, media, and smart city initiatives. The company operates primarily in the APAC and U.S. markets, generating significant revenue from the EMEA region.

Upstream

Series B in 2019
Upstream Security is a provider of a cloud-based data management platform specifically designed for connected vehicles, focusing on automotive cybersecurity and data-driven applications. The platform transforms distributed vehicle data into centralized, structured, and contextualized data lakes, enabling customers to create connected vehicle applications. Upstream offers industry-leading cyber threat protection through its AutoThreat® Intelligence, the first dedicated automotive cybersecurity threat intelligence solution, which integrates seamlessly into customer environments and vehicle security operations centers. By leveraging big data and machine learning, the platform delivers real-time visibility on security, privacy, and fraud alerts, helping to safeguard the technologies and applications of connected and autonomous vehicles. Upstream serves a range of prominent automotive OEMs and suppliers, ensuring the protection of millions of vehicles worldwide.

Superside

Seed Round in 2019
Superside is an on-demand freelancer agency that provides a range of creative services to businesses, enabling them to streamline their design processes. Formerly known as Konsus Inc., the company rebranded in September 2019 and has been operational since 2015, with headquarters in Palo Alto, California and an additional office in Oslo. Superside specializes in areas such as graphic design, web design, branding, motion graphics, and video production. The platform allows clients to easily submit tasks via email, chat, or a Slack bot, and assigns pre-qualified freelancers to handle these requests efficiently. With a client base of over 3,000 businesses, including major corporations like Cisco, Airbus, and Walmart, Superside aims to make design hassle-free for marketing and creative teams while delivering high-quality results at scale.

The Mobility House

Venture Round in 2019
The Mobility House AG, founded in 2009 and based in Zurich, Switzerland, specializes in electric vehicle charging systems and energy management solutions. The company aims to promote e-mobility by providing safe, sustainable, and affordable charging infrastructure, enabling both businesses and individuals to transition from fossil fuel dependency. As one of Europe’s leading providers in the electric mobility sector, The Mobility House focuses on developing charging solutions and managing battery storage for energy systems. Their offerings facilitate the integration of vehicle batteries into the power grid, catering to clients in the automotive and energy industries, as well as individual electric vehicle users. By emphasizing quality products, competitive pricing, and excellent customer service, The Mobility House strives to meet the evolving needs of its customers and partners in the growing market for electric mobility.

enjoyelec Tech

Series A in 2019
Enjoyelec Tech Ltd., formerly known as PowerShare, is a technology company based in Suzhou, China, focused on the clean energy sector. Established in 2015, the company specializes in developing digital solutions and services for energy storage asset operations, leveraging advanced battery AI and energy AI technologies. Enjoyelec offers a range of products including Virtual Power Plants, Home Energy Management Systems, and integrated solutions for photovoltaic systems, energy storage, and electric vehicle charging. The company's cloud-based platform facilitates connections among electric vehicle drivers, charge point operators, and power suppliers, enabling efficient power management, location of charging points, and payment processing. With a commitment to innovation, Enjoyelec utilizes over 100 proprietary AI algorithms to enhance power trading, energy dispatching, and smart charging, thereby empowering clients such as automobile manufacturers, charging operators, and local governments to optimize their energy resources and contribute to a sustainable energy future.

Tekion

Series B in 2019
Tekion Corp. is a technology company based in San Ramon, California, that specializes in developing cloud-based applications tailored for the automotive retail industry. Founded in 2016, Tekion offers the Automotive Retail Cloud, a comprehensive platform that connects various aspects of automotive dealerships and streamlines the entire vehicle sales process online. The platform serves not only retailers but also manufacturers and technology partners, providing solutions that leverage advanced technologies such as big data, machine learning, and artificial intelligence. By integrating digital sales management, customer engagement, compliance management, and data insights, Tekion enables automotive dealers to enhance their operational efficiency, improve customer experiences, and ultimately drive revenue growth. The company aims to transform an industry that has remained largely unchanged for decades, offering a more connected and efficient automotive retail ecosystem.

Transit

Series B in 2018
Transit is a mobile app intended to help its users navigate their cities. Transit simplifies local travel in 125 cities worldwide. Upon launch, the bright, intuitive interface shows all nearby transportation options and departures. Users can plan trips, set reminders, and get notifications about disruptions. Plus, Transit also integrates other sustainable transport modes -- bike sharing, car sharing and Uber -- so users can determine the best way to get from A to B. With millions of active users in the US and Canada, Transit has emerged as the leading urban transit app in North America. The company is based in Montreal, Quebec.

WeRide

Series A in 2018
WeRide is a leading, commercial-stage global company that develops Level 4 autonomous driving technologies. WeRide aims to develop safe and reliable driverless solutions to make mobility and transportation safer, more affordable and accessible. WeRide is conducting autonomous driving R&D, tests and operations in over 25 cities around the world. As the pioneer leader in autonomous technologies and services, WeRide has stepped up to the commercial stage in operations. WeRide offers an all-rounded product mix of Robotaxi, Robobus, Robovan, Robosweeper and ADAS, providing smart services in online ride-hailing, on-demand transport, urban logistics, sanitation services and acting as a solution provider. Established in 2017, WeRide is headquartered in Guangzhou, China, and has expanded its R&D and operation centers to Beijing, Shanghai, Shenzhen, Zhengzhou, Nanjing, Wuhan, and Anqing, as well as San Francisco in the US. WeRide has formed strategic partnerships with leading global OEMs and Tier 1 supplier including Renault-Nissan-Mitsubishi Alliance, Yutong Group, GAC Group, Bosch, etc.

Coord

Series A in 2018
Coord is a New York City-based company that offers a comprehensive curb management platform aimed at transforming urban streets, beginning with the curb. The platform provides cities with the technology to digitally manage and price curb space at scale, promoting more efficient, safe, and equitable street use. It assists municipalities in finding available vehicles from both docked and dockless systems, along with relevant pricing and geometric data for tollways. Coord has established partnerships with several cities, including Seattle, Boston, and Nashville, and has received recognition from notable organizations such as CNBC and Fast Company. The company is backed by prominent investors, including Alphabet's Sidewalk Labs and Urban.us.

Shift

Series D in 2018
Shift is an online marketplace specializing in the buying and selling of used cars. The company functions as a personal concierge service by detailing vehicles, listing them on various platforms, managing test drives, and identifying potential buyers. Shift charges a service fee that covers registration, car preparation, and applicable sales tax. To facilitate informed purchasing decisions, Shift provides customers with a comprehensive 150-point concierge report, which includes specifications, high-resolution images, vehicle history, and performance results. This approach aims to streamline the used car transaction process for both buyers and sellers.

Shift

Series C in 2018
Shift is an online marketplace specializing in the buying and selling of used cars. The company functions as a personal concierge service by detailing vehicles, listing them on various platforms, managing test drives, and identifying potential buyers. Shift charges a service fee that covers registration, car preparation, and applicable sales tax. To facilitate informed purchasing decisions, Shift provides customers with a comprehensive 150-point concierge report, which includes specifications, high-resolution images, vehicle history, and performance results. This approach aims to streamline the used car transaction process for both buyers and sellers.

Kalray

Venture Round in 2018
Kalray S.A. is a French company that specializes in low-power and time-critical processor solutions, focusing on high-performance, data-centric computing markets. The company is known for its patented manycore array processors, particularly the MPPA processor family, which enables real-time processing and server acceleration. Kalray's product offerings include a range of data center solutions such as the Kalray Target Controller for optimized NVMe storage, TurboBoost for secure communications, and various software development kits that facilitate programming with standard languages. Additionally, the company provides PCIe acceleration boards for applications in storage, networking, and cryptography. Kalray serves diverse industries including autonomous vehicles, aerospace, artificial intelligence, and data networking. Founded in 2008 as a spin-off from the French CEA research lab, Kalray is headquartered in Montbonnot Saint Martin, France.

Novelda

Funding Round in 2016
Novelda is a privately held semiconductor company based in Norway that focuses on research and development of nanoscale wireless low-power ultra wideband (UWB) technology. The company specializes in high-resolution impulse radar sensors designed to detect human presence by monitoring minute movements, such as breathing and heartbeat. These sensors have various indoor applications, including consumer electronic devices and smart building systems. By integrating this advanced technology, Novelda aims to enhance user experience, improve safety, and promote energy efficiency in diverse settings.

Cavium

Series C in 2003
Cavium Networks is a developer of semiconductor processors focused on networking, communications, and storage solutions. The company designs, develops, and markets high-performance semiconductor products that facilitate intelligent and secure networking, allowing customers to create application-aware and content-aware equipment. These products are capable of securely processing voice, video, and data traffic at high speeds. Cavium sells its offerings directly and through contract manufacturing organizations and distributors, serving clients in various sectors, including networking, wireless, storage, and electronic equipment, primarily in the United States, Japan, Taiwan, and China. The company has established collaborations with firms like Aricent Inc. to enhance LTE eNodeB solutions and has agreements with Atheros Communications Inc. and Design of Systems on Silicon S.A. to improve HD video transmission and distribution technologies for flat panel displays.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.