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.
Top Stages
Past deals in Self-driving
WeRide
Series C in 2021
Guangzhou WeRide Technology Co., Ltd. specializes in developing autonomous driving technology for level 4 vehicles, including its own hardware solutions that ensure comprehensive sensor coverage. Founded in 2017 and headquartered in Guangzhou, China, WeRide has established research and development centers across several major cities in China, as well as in Silicon Valley. The company has received strategic investments from leading global automotive groups and holds the distinction of being the first startup to obtain driverless test permits in both China and the United States. In November 2019, WeRide launched its first publicly accessible Robotaxi service in Guangzhou, which covers an area of 144 square kilometers and has since integrated with Amap, a popular ride-hailing app in China. The service has completed over 147,000 trips for more than 60,000 passengers within its first year. WeRide's offerings include a range of autonomous vehicles, such as Robotaxis, Robobuses, and Robovans, and the company continues to focus on enhancing safety and efficiency in transportation.
WeRide
Series A in 2018
Guangzhou WeRide Technology Co., Ltd. specializes in developing autonomous driving technology for level 4 vehicles, including its own hardware solutions that ensure comprehensive sensor coverage. Founded in 2017 and headquartered in Guangzhou, China, WeRide has established research and development centers across several major cities in China, as well as in Silicon Valley. The company has received strategic investments from leading global automotive groups and holds the distinction of being the first startup to obtain driverless test permits in both China and the United States. In November 2019, WeRide launched its first publicly accessible Robotaxi service in Guangzhou, which covers an area of 144 square kilometers and has since integrated with Amap, a popular ride-hailing app in China. The service has completed over 147,000 trips for more than 60,000 passengers within its first year. WeRide's offerings include a range of autonomous vehicles, such as Robotaxis, Robobuses, and Robovans, and the company continues to focus on enhancing safety and efficiency in transportation.
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