ECOMOTION BOOKLET 2020 - Breaking Through Mobility Innovation

GOLD PARTNERS

Renault-Nissan-Mitsubishi form the world’s largest automotive alliance. It is the longest-lasting andmost productive cross-cultural partnership in the auto industry. Israel is a key innovation hub for the Alliance, which operates an Innovation Lab in Tel Aviv and has invested in several Israeli start-ups. TheAlliance Innovation Lab Tel Aviv aims toadvance the state-of-the-artmobility,with amain focus on vision sensors, cybersecurity, and data&AI. Through collaborations with promising Israeli startups, itsmission is to identify and test Israeli technologies that could be implemented in future cars and services offered by the Alliance member companies. The Lab collaborates with the local innovation ecosystem through joint prototyping efforts. To date it has ledmore than 20 collaborative projects with Israeli start-ups. The Lab is building on its advanced-engineering team located in Israel to serve as a bridge between the Renault-Nissan-Mitsubishi technical teams around the globe and the Israeli Automotive start-ups. The Lab also operates a unique 1600 m2 facility located in Park Atidim TLV, which provides startups space and real Alliance vehicles to run Proof of Concepts. Since February 2018, the Lab has also operated under the new Technological Labs program of the Israeli Innovation Authority. The program enables the Lab to offer advantageous funding to start-ups for joint activities. On the investment side, Alliance Ventures, a strategic corporate venture capital fund launched in 2018, targets technology and business model innovation in New Mobility, Autonomous Driving, Connected Services, EV & Energy and Enterprise 2.0. The fund pursues strategic investments at all maturity stages, focusing mainly on Series A and B, plus follow-on investments to support the start-up’s growth. The fund operates globally, including in Israel and has invested in the Israeli Maniv Mobility Fundaswell directly in two Israeli start-ups, UpstreamSecurity andOtonomo.

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