Stellantis Ventures invests in AI firm that plans to reduce road risk

Stellantis has formed Stellantis Ventures, a corporate venture fund to support its Dare Forward 2030 mobility goals.

Ten startup companies and one mobility venture fund have been considered so far as its first key investments.

Nauto, a provider of AI-based vehicle safety technology for commercial fleets and the automotive sector, has been selected as one of the company’s first 10 key investment startups.

Its safety system assesses both driver behavior risk and external road risk, warning and coaching drivers to reduce distracted driving and prevent collisions in real time while respecting driver privacy. 

The other companies to receive investment from Stellantis Ventures specialise in areas including 3D printing, e-scooters, battery software solutions, augmented reality displays and GPS.

Three of the projects backed by Stellantis Ventures are launching this year, validating the fund’s mission to accelerate deployment of customer-centric mobility technologies and support Stellantis’ Dare Forward 2030 efforts in leading the change to a more sustainable mobility and better in-vehicle experience for all customers.

“Transforming Stellantis into a mobility tech company means we need to have the mindset of a startup, focused on our customers and working with a dash of impatience,” said Ned Curic, Stellantis chief technology officer.

“We are using the strength of Stellantis Ventures to connect with companies that are developing cutting-edge technology that we believe can transform the in-cabin experience and improve the mobility sector, for our customers and for society as a whole.”