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Autoliv Enhances its Innovation Method With Investment at Specialized Fund Autotech Ventures
Autoliv’s investment at Autotech Ventures, a finance focused broadly on the automotive business complements Autoliv’s own invention plan, especially in the fields of busy defense and autonomous driving.
For more about Autotech Ventures, Visit www.autotechvc.com
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STOCKHOLM, June 30, 2017 /PRNewswire/ — Autoliv, Inc. (NYSE:
Autoliv’s Electonics department has exploded fast and now represents more than 20% of the corporation’s annual revenues. It was just around fifteen years ago which Autoliv manufactured its first entry from the automotive electronics market. Since that time, Autoliv has exploded to develop into pioneer in certain sections of the automotive electronics market, particularly with respect to busy security products and technologies for autonomous driving along with passive security electronics.
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SOURCE Autoliv
This accomplishment has been assembled as a result of both organic growth and acquisitions. With the pace of invention accelerating, such a investment at a technical finance will be just one way to stay in the forefront of emerging developments and opportunities to capitalize on external inventions.
Released at Fri, 30 Jun 2017 07:16:00 +0000
ALV and SSE: ALIVsdb), the global leader in automotive security systems, today declared it will earn a $ 1-5 thousand investment at Autotech Venturesand also the digital ground transport venture capital finance.
Autotech Ventures is a technical digital ground transport venture capital finance, especially targeted on applications and services. In addition to the possible financial returns it offers top-notch corporate investors such as Autoliv with access to a broad agreement flow, co-investment legal rights to the fund’s start-ups and supplies separate comment on start-ups as well as a higher decision making speed.
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“The automotive industry is at a period of unprecedented change. The mixture of increased focus on autonomous driving, environmental concerns and shared mobility leads to new opportunities for market leaders including Autoliv. Meanwhile, the Autotech Ventures finance presents us a means to examine that a high variety of advanced startup businesses, especially in the regions of autonomous and automation driving which can be central to your strategy”, said Jan Carlson, Chairman, President and CEO of all Autoliv.