Despite the challenging business environment, the Bosch Group is raising its venture-capital funding for the current business year: its subsidiary Robert Bosch Venture Capital (RBVC) is setting up a new fund for startups; the fund has a volume of 250 million euros (approximately $250 million).
As a provider of venture capital, Bosch supports startups around the world whose technologies have the potential to improve quality of life and conserve natural resources.
“Our investments in startups promote technological progress in business and society,” says Dr Stefan Hartung, chairman of the board of management of Robert Bosch. “And we ourselves also benefit from this collaboration, since solutions to ever more complex tasks can frequently be found faster, more efficiently, and better in partnership with others.” [Read more…] about Bosch makes $250 million available for startups
