Toyoda Gosei – a Toyota Group company manufacturing rubber and plastic automotive components – is setting up a corporate venture capital department, specifically to invest in start-ups and accelerate innovations. Effective from January 2019 with a three-billion yen budget through till December 2020, this is said to enable it to act flexibly and quickly to commercialize Read More..
Infiniti is hosting an innovation initiative in Hong Kong to connect local start-ups with corporate partners. This extends the Infiniti Lab programme launched in 2015, which “has helped drive cultural transformation and open innovation within Infiniti” as well as in the start-up community, the company says. The Infiniti Lab programme has so far worked with Read More..
Konnect, the new Volkswagen Group Campus in Tel Aviv, Israel, has been opened to provide a co-working space for local tech start-ups and to support collaborations. Themes for the work to take place there include connectivity, smart navigation, sensors, simulators, cybersecurity, e-mobility and big data, with a view to pushing forward development of mobility services, Read More..
Faurecia has made an investment in Silicon Valley start-up PowerSphyr, a provider of wireless charging solutions that can be applied to many types of electronic devices as well as sensors and actuators. These will augment Faurecia’s Cockpit of the Future suite of technologies. PowerSphyr’s solutions use magnetic inductive (Qi) and magnetic resonant wireless power delivery Read More..