LG Technology Ventures
LG Technology Ventures, established in 2018, serves as the venture capital investment arm of the LG Group, based in Santa Clara, California. The firm focuses on seed-stage and early-stage investments across various sectors, including information technology, artificial intelligence, automotive, manufacturing, life sciences, energy, next-generation displays, 5G, and advanced materials. Comprising a team of seasoned investors, entrepreneurs, and industry experts, LG Technology Ventures aims to create value for its portfolio companies by facilitating strategic partnerships with other LG Companies. With assets exceeding $400 million, the firm actively seeks opportunities to support innovative companies that align with its investment strategy.
Aurora Labs
Series B in 2020
Aurora Labs Ltd is a software development company based in Tel Aviv-Yafo, Israel, with additional offices in Munich, Skopje, Boston, and Detroit. Founded in 2016, the company specializes in machine learning, artificial intelligence, and blockchain technologies to address the complexities of automotive software development. Aurora Labs provides AI-based vehicle software intelligence that spans the entire lifecycle of a vehicle, including software development, testing, integration, quality control, and over-the-air updates. Its solutions help automotive manufacturers manage software costs and resources more efficiently while ensuring compliance with industry standards such as ISO-26262/ASIL-D and ASPICE-L2. With approximately 100 patents granted and a commitment to innovation, Aurora Labs has positioned itself as a key player in the evolution of software-defined vehicles, with its products being adopted globally in upcoming car models.
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