Alliance Ventures is a strategic venture capital fund established in 2018 by the Renault-Nissan-Mitsubishi Alliance, the world’s largest automotive alliance. The fund, co-located in Amsterdam, Silicon Valley, Paris, Yokohama, Beijing, and Tel Aviv, aims to invest up to $1 billion over its first five years. Its core mission is to drive open innovation in the automotive industry by targeting technology and business model advancements in new mobility, autonomous driving, connected services, electric vehicles (EV) & energy, and enterprise 2.0.
Key figures affiliated with Alliance Ventures include Jean-Dominique Senard, Chairman of the Alliance Board, Luca de Meo, CEO of Renault Group, Makoto Uchida, President and CEO of Nissan Motor Corporation, and Takao Kato, President and CEO of Mitsubishi Motors. The fund has made significant strides in fostering innovation within the automotive sector by leveraging the expertise and resources of its parent companies. Its impact is evident in the accelerated development and adoption of cutting-edge technologies and business models that are shaping the future of mobility.