DENSO Invests Nearly $100 Million in Startups to Advance Mobility

DENSO is investing in startup companies working on key technologies that will play a major role in advancing  mobility services that are safe, secure and efficient.

116

DENSO has invested nearly $100 million over a four-year period in startup companies around the world as part of its long-term vision to provide software-based solutions focused on electrification, automated driving, connectivity and shared economy. From cyber security to semiconductors and sensors, DENSO is investing in startup companies working on key technologies that will play a major role in advancing mobility services that are safe, secure and efficient.

Recent investment areas for DENSO include:

Autonomous Drive: DENSO invested additional dollars into Ridecell’s Series B funding round for the development of shared mobility. Its partnership with ThinCI is enhancing deep learning capabilities required for autonomous vehicles.

Cybersecurity: DENSO led Dellfer’s initial funding round to help the company develop cybersecurity safeguards for connected and autonomous vehicles.

Electrification: An investment in FLOSFIA is focused on a  semiconductor device expected to reduce the energy loss, cost, size and weight of inverters used in electrified vehicles.

Sensing: Along with a handful of other strategic investors, DENSO  invested in Metawave Corporation to accelerate the development and improve performance of in-vehicle, “smart” radar sensors for autonomous cars.

Looking ahead, DENSO will continue to invest in startups and entrepreneurs who can help accelerate innovation in the automotive industry. In 2011,  DENSO took steps to strengthen and grow its core automotive business and identify and support non-auto technologies that could be used to advance mobility when it opened its Silicon Valley location. In 2014, DENSO  expanded that office to further support and promote startup companies and  advanced R&D activities in multiple areas of innovation. In 2016, DENSO  began opening satellite R&D offices all around the world to create advanced technologies and services.

LEAVE A REPLY