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Porsche Ventures

Full company profile

uuid0000f6j

Namestring
Porsche Ventures
Legal namestring
Porsche Investments Management S.A.
Company typeenum
Private
Founded yearint
2016
Descriptiontext

Porsche Ventures is the corporate venture capital arm of Porsche AG, operating as a wholly-owned subsidiary under the Luxembourg-registered legal entity Porsche Investments Management S.A. Founded in 2016 and active in early-stage investing (Seed to Series B), the firm is led by Managing Director and Partner Ulrich Thiem and Partner Patrick Huke, with an eleven-person investment team distributed across offices in Luxembourg, Stuttgart, Berlin, Palo Alto, Los Angeles, and Tel Aviv. It invests globally in three defined verticals — Mobility, Industrial Technology, and Energy Transition — with a portfolio of 30+ companies spanning battery technology, semiconductors, cybersecurity, edge computing, automotive materials, fintech, and deep tech.

The firm's core offering is a hybrid of venture capital and corporate development: in addition to capital, portfolio companies gain facilitated access to Porsche AG and the broader Volkswagen Group's commercial, engineering, and supply-chain networks via the proprietary 'Porsche Advantage' platform. Realized exits include the Nozomi Networks acquisition, the RepairSmith acquisition by AutoNation, the Via IPO, and the Vaha exit, with active investments in companies such as 1Komma5°, Bcomp, Black Semiconductor, Cylib, Chemix, and ZEDEDA. In February 2024 the firm expanded into China through the CICC Porsche Fund joint venture with CICC Private Equity, which has already participated in the Angel and Angel+ rounds of Wujie Power, an embodied AI robotics company.

Porsche Ventures operates on standard corporate venture capital economics — management fees and carried interest on deployed capital, funded by Porsche AG — rather than external limited-partner fundraising. Revenue and AUM are not publicly disclosed; deal sourcing is conducted through a combination of inbound via the corporate website ([email protected]), a global network of founders and co-investors (including BMW i Ventures, Incharge Capital Partners, and CICC Private Equity), and on-the-ground presence at industry conferences in five regional hubs.

Short descriptiontext

Porsche Ventures is the corporate venture capital arm of Porsche AG, investing globally at Seed to Series B in Mobility, Industrial Technology, and Energy Transition startups, with portfolio companies gaining access to the Volkswagen Group's commercial and engineering networks.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersStuttgart, Germany
HQ citystring
Stuttgart
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices6 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
Venture Capital, Early-Stage Investing, Mobility Investments, Industrial Technology, Energy Transition
Industry3 codes
1Corporate Innovation & Technology Scouting Units (with investment mandate)
CodeFSANAHAIPrimaryYes
2Corporate Strategic Partnership & Ecosystem Investment Arms
CodeFSANAHAFPrimaryNo
3Sector-Focused Venture Capital (Vertical Specialists)
CodeFSANAAADPrimaryNo
NAICS code1 code
  • Other Financial Investment Activities5239
SIC code1 code
  • Investment Advice6282
Product category
Venture Capital
Social media profiles1 record
GTM motion4 records

Each record includes

Type, Description, Source

Revenue model2 records
1Venture capital fund returns
TypeSubscription Recurring
Description

As a venture capital firm active since 2016, Porsche Ventures invests in Seed to Series B rounds in industrial technology, energy transition, and mobility. Revenue is generated from investment exits (IPO, acquisition) and standard VC fund economics including management fees and carried interest from successful portfolio realizations.

porsche.ventures
2Realized exits and acquisitions
TypeTransaction Fee
Description

Portfolio exits include: Nozomi Networks (acquired), RepairSmith (acquired by AutoNation), Via (IPO), VAHA (exit), plus co-investments and joint ventures (CICC Porsche Fund). Returns crystallized through these liquidity events.

porsche.ventures
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Porsche Ventures is the corporate venture capital arm of Porsche AG, making early-stage equity investments (Seed to Series B) in startups operating across three verticals: mobility, industrial technology, and energy transition. Portfolio companies receive capital combined with strategic access to the Porsche and Volkswagen Group ecosystem through the Porsche Advantage integration platform, plus a dedicated joint venture fund (CICC Porsche Fund) for China-related investments.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Porsche Ventures portfolio companies become relevant partners to Porsche and the VW Group after investment
+1 more record
Product overview1 text field

Porsche Ventures is a global early-stage venture capital firm (not a product company) active since 2016, specializing in industrial technology, energy transition, and mobility. The firm invests in Seed to Series B, leading rounds that align with its strengths and co-investing with top institutions. Its offering is structured around three named investment verticals: Mobility, Industrial Technology, and Energy Transition, each with a defined set of focus sub-themes. The CICC Porsche Fund — a joint venture with CICC Private Equity established in February 2024 — serves as Porsche's sole channel for early-stage Chinese startup investments. The bulk of the firm's named offerings are its portfolio companies (such as 1Komma5°, Actnano, Atomic Industries, Bcomp, Black Semiconductor, Bumper, Chemix, Cresta, Cylib, Nozomi Networks, ZEDEDA, South 8 Technologies, &Charge, Tomorrow, TriEye, and others), which span battery technology, AI, cybersecurity, edge computing, mobility, and sustainability. Notable exits include Nozomi Networks (Acquired), RepairSmith (Acquired by AutoNation), Vaha (Exit), and Via (IPO).

Product and service4 records
1Mobility Investment Vertical
CategoryVenture Capital - Mobility
Description

Early-stage equity investment (Seed to Series B) in startups developing mobility technologies and solutions, with strategic access to the Porsche and Volkswagen Group ecosystem via the Porsche Advantage platform.

2Industrial Technology Investment Vertical
CategoryVenture Capital - Industrial Technology
Description

Early-stage equity investment (Seed to Series B) in startups developing industrial technology innovations, with strategic support and ecosystem integration from Porsche AG.

3Energy Transition Investment Vertical
CategoryVenture Capital - Energy Transition
Description

Early-stage equity investment (Seed to Series B) in startups developing energy transition technologies, leveraging Porsche AG's strategic interest in sustainable energy and decarbonization.

4CICC Porsche Fund
CategoryVenture Capital - Joint Venture Fund
Description

Joint venture investment fund between Porsche Ventures and CICC (China International Capital Corporation) providing dedicated China-focused venture capital deployment for mobility and energy transition startups.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2024-02-01
Description

Joint venture partner in the CICC Porsche Fund, established February 2024. The fund serves as Porsche's sole channel for early-stage equity investments in Chinese startups focused on mobility and smart technology. The CICC Porsche Fund participated in consecutive Angel and Angel+ financing rounds for Wujie Power, an embodied AI robotics company, with the Angel+ round exceeding 200 million yuan.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Volvo Cars' corporate venture fund investing in automotive tech, electrification, and autonomy. Comparable as a European OEM CVC with strategic mobility and sustainability focus.

TypeDirect peer
Description

SAIC Motor's corporate venture arm investing in mobility, electrification, and smart tech. Comparable as a major global OEM CVC and particularly relevant given Porsche Ventures' China exposure via the CICC JV.

TypeDirect peer
Description

BMW's corporate venture capital arm investing in mobility, sustainability, and industrial tech. Most directly comparable to Porsche Ventures given parallel automotive-CVC mandate, similar stage focus, and active co-investment relationship (Bcomp).

TypeDirect peer
Description

Toyota's CVC arm investing in AI, autonomy, climate, and mobility startups at Seed through Series B. Closest peer in scale, stage focus, and OEM-backed mobility/industrial-tech thesis.

TypeDirect peer
Description

Bosch's corporate venture capital arm focused on industrial AI, automation, mobility, and deep tech. Strong overlap with Porsche Ventures' Industrial Technology vertical and similar integration-with-corporate-parent value proposition.

TypeDirect peer
Description

Hyundai Motor Group's corporate venture arm investing in mobility, urban innovation, and energy. Direct comparable as another OEM-backed CVC with mobility/industrial thesis.

TypeDirect peer
Description

Mercedes-Benz's corporate venture and innovation unit investing in mobility, AI, and industrial tech. Comparable as a luxury-OEM CVC with strategic investment mandate.

TypeDirect peer
Description

Stellantis's corporate venture arm investing across mobility, sustainability, and industrial tech. Comparable as another major OEM CVC with global scope and similar stage focus.

TypeDirect peer
Description

Jaguar Land Rover's venture arm investing in mobility, transport, and enterprise tech. Comparable as another luxury-OEM CVC with similar stage and thesis overlap.

TypeOthers
Description

Porsche SE-affiliated venture and growth investor with shared ecosystem ties (co-led ACCURE Battery Intelligence Series B with Porsche Ventures). Related as a sibling Porsche-family investor rather than a direct CVC competitor.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers13 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment71 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Porsche Ventures

Venture Capitalporsche.ventures

Porsche Ventures is the corporate venture capital arm of Porsche AG, investing globally at Seed to Series B in Mobility, Industrial Technology, and Energy Transition startups, with portfolio companies gaining access to the Volkswagen Group's commercial and engineering networks.

What Porsche Ventures does

Porsche Ventures is the corporate venture capital arm of Porsche AG, operating as a wholly-owned subsidiary under the Luxembourg-registered legal entity Porsche Investments Management S.A. Founded in 2016 and active in early-stage investing (Seed to Series B), the firm is led by Managing Director and Partner Ulrich Thiem and Partner Patrick Huke, with an eleven-person investment team distributed across offices in Luxembourg, Stuttgart, Berlin, Palo Alto, Los Angeles, and Tel Aviv. It invests globally in three defined verticals — Mobility, Industrial Technology, and Energy Transition — with a portfolio of 30+ companies spanning battery technology, semiconductors, cybersecurity, edge computing, automotive materials, fintech, and deep tech.

The firm's core offering is a hybrid of venture capital and corporate development: in addition to capital, portfolio companies gain facilitated access to Porsche AG and the broader Volkswagen Group's commercial, engineering, and supply-chain networks via the proprietary 'Porsche Advantage' platform. Realized exits include the Nozomi Networks acquisition, the RepairSmith acquisition by AutoNation, the Via IPO, and the Vaha exit, with active investments in companies such as 1Komma5°, Bcomp, Black Semiconductor, Cylib, Chemix, and ZEDEDA. In February 2024 the firm expanded into China through the CICC Porsche Fund joint venture with CICC Private Equity, which has already participated in the Angel and Angel+ rounds of Wujie Power, an embodied AI robotics company.

Porsche Ventures operates on standard corporate venture capital economics — management fees and carried interest on deployed capital, funded by Porsche AG — rather than external limited-partner fundraising. Revenue and AUM are not publicly disclosed; deal sourcing is conducted through a combination of inbound via the corporate website ([email protected]), a global network of founders and co-investors (including BMW i Ventures, Incharge Capital Partners, and CICC Private Equity), and on-the-ground presence at industry conferences in five regional hubs.

Porsche Ventures firmographics

Firmographics
Name
Porsche Ventures
Legal name
Porsche Investments Management S.A.
Website
https://porsche.ventures
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
11–50 employees
Short description
Porsche Ventures is the corporate venture capital arm of Porsche AG, investing globally at Seed to Series B in Mobility, Industrial Technology, and Energy Transition startups, with portfolio companies gaining access to the Volkswagen Group's commercial and engineering networks.
Ownership category
akta.pro rank

Porsche Ventures industry classification

Industry
Product category
Venture Capital
NAICS
Other Financial Investment Activities (5239)
SIC
Investment Advice (6282)
akta.pro primary industry
Corporate Innovation & Technology Scouting Units (with investment mandate) (FSANAHAI)
akta.pro secondary industries
Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF), Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

  • Venture Capital
  • Early-Stage Investing
  • Mobility Investments
  • Industrial Technology
  • Energy Transition

Where Porsche Ventures is headquartered

Location

Headquarters

HQ city
Stuttgart
HQ country
Germany
HQ region
Europe

Offices6 records

Markets served

Porsche Ventures business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

  1. Venture capital fund returns: As a venture capital firm active since 2016, Porsche Ventures invests in Seed to Series B rounds in industrial technology, energy transition, and mobility. Revenue is generated from investment exits (IPO, acquisition) and standard VC fund economics including management fees and carried interest from successful portfolio realizations.
  2. Realized exits and acquisitions: Portfolio exits include: Nozomi Networks (acquired), RepairSmith (acquired by AutoNation), Via (IPO), VAHA (exit), plus co-investments and joint ventures (CICC Porsche Fund). Returns crystallized through these liquidity events.

Go-to-market motion4 records

Distribution channels3 records

Marketing channels5 records

Porsche Ventures product offering

Product offering

Core offering

Porsche Ventures is the corporate venture capital arm of Porsche AG, making early-stage equity investments (Seed to Series B) in startups operating across three verticals: mobility, industrial technology, and energy transition. Portfolio companies receive capital combined with strategic access to the Porsche and Volkswagen Group ecosystem through the Porsche Advantage integration platform, plus a dedicated joint venture fund (CICC Porsche Fund) for China-related investments.

Product overview

Porsche Ventures is a global early-stage venture capital firm (not a product company) active since 2016, specializing in industrial technology, energy transition, and mobility. The firm invests in Seed to Series B, leading rounds that align with its strengths and co-investing with top institutions. Its offering is structured around three named investment verticals: Mobility, Industrial Technology, and Energy Transition, each with a defined set of focus sub-themes. The CICC Porsche Fund — a joint venture with CICC Private Equity established in February 2024 — serves as Porsche's sole channel for early-stage Chinese startup investments. The bulk of the firm's named offerings are its portfolio companies (such as 1Komma5°, Actnano, Atomic Industries, Bcomp, Black Semiconductor, Bumper, Chemix, Cresta, Cylib, Nozomi Networks, ZEDEDA, South 8 Technologies, &Charge, Tomorrow, TriEye, and others), which span battery technology, AI, cybersecurity, edge computing, mobility, and sustainability. Notable exits include Nozomi Networks (Acquired), RepairSmith (Acquired by AutoNation), Vaha (Exit), and Via (IPO).

Differentiator

Problem solved

Functional benefit

Products and services

  • Mobility Investment Vertical Early-stage equity investment (Seed to Series B) in startups developing mobility technologies and solutions, with strategic access to the Porsche and Volkswagen Group ecosystem via the Porsche Advantage platform.
  • Industrial Technology Investment Vertical Early-stage equity investment (Seed to Series B) in startups developing industrial technology innovations, with strategic support and ecosystem integration from Porsche AG.
  • Energy Transition Investment Vertical Early-stage equity investment (Seed to Series B) in startups developing energy transition technologies, leveraging Porsche AG's strategic interest in sustainable energy and decarbonization.
  • CICC Porsche Fund Joint venture investment fund between Porsche Ventures and CICC (China International Capital Corporation) providing dedicated China-focused venture capital deployment for mobility and energy transition startups.

Quantifiable outcome

  • Porsche Ventures portfolio companies become relevant partners to Porsche and the VW Group after investment
  • +1 more outcomes

Companies that use Porsche Ventures

Customer profile

Named customers13 records

Segments4 records

Ideal customer profiles2 records

Porsche Ventures technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Porsche Ventures partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • CICC Private EquityflagshipStrategic or Co-development Partner · 1 February 2024Joint venture partner in the CICC Porsche Fund, established February 2024. The fund serves as Porsche's sole channel for early-stage equity investments in Chinese startups focused on mobility and smart technology. The CICC Porsche Fund participated in consecutive Angel and Angel+ financing rounds for Wujie Power, an embodied AI robotics company, with the Angel+ round exceeding 200 million yuan.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Porsche Ventures competitors and assessment

Company assessment

Direct peers

  • Volvo Cars Tech Fund: Volvo Cars' corporate venture fund investing in automotive tech, electrification, and autonomy. Comparable as a European OEM CVC with strategic mobility and sustainability focus.
  • SAIC Capital: SAIC Motor's corporate venture arm investing in mobility, electrification, and smart tech. Comparable as a major global OEM CVC and particularly relevant given Porsche Ventures' China exposure via the CICC JV.
  • BMW i Ventures: BMW's corporate venture capital arm investing in mobility, sustainability, and industrial tech. Most directly comparable to Porsche Ventures given parallel automotive-CVC mandate, similar stage focus, and active co-investment relationship (Bcomp).
  • Toyota Ventures: Toyota's CVC arm investing in AI, autonomy, climate, and mobility startups at Seed through Series B. Closest peer in scale, stage focus, and OEM-backed mobility/industrial-tech thesis.
  • Bosch Ventures: Bosch's corporate venture capital arm focused on industrial AI, automation, mobility, and deep tech. Strong overlap with Porsche Ventures' Industrial Technology vertical and similar integration-with-corporate-parent value proposition.
  • Hyundai Cradle: Hyundai Motor Group's corporate venture arm investing in mobility, urban innovation, and energy. Direct comparable as another OEM-backed CVC with mobility/industrial thesis.
  • Mercedes-Benz Innovation (LAB1886): Mercedes-Benz's corporate venture and innovation unit investing in mobility, AI, and industrial tech. Comparable as a luxury-OEM CVC with strategic investment mandate.
  • Stellantis Ventures: Stellantis's corporate venture arm investing across mobility, sustainability, and industrial tech. Comparable as another major OEM CVC with global scope and similar stage focus.
  • InMotion Ventures (Jaguar Land Rover): Jaguar Land Rover's venture arm investing in mobility, transport, and enterprise tech. Comparable as another luxury-OEM CVC with similar stage and thesis overlap.

Others

  • DTCP (Deutsche Telekom Capital Partners): Porsche SE-affiliated venture and growth investor with shared ecosystem ties (co-led ACCURE Battery Intelligence Series B with Porsche Ventures). Related as a sibling Porsche-family investor rather than a direct CVC competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Porsche Ventures social profiles

Digital presence

Porsche Ventures compliance and trust

Trust signal

Compliance1 record

Porsche Ventures financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Porsche Ventures leadership team

Management profile

Number of profiles

Profiles12 records

Porsche Ventures subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Porsche Ventures funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Porsche Ventures M&A and investment

M&A and investment

M&A

Investments71 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Porsche Ventures

What does Porsche Ventures do?

Porsche Ventures is the corporate venture capital arm of Porsche AG, making early-stage equity investments (Seed to Series B) in startups operating across three verticals: mobility, industrial technology, and energy transition. Portfolio companies receive capital combined with strategic access to the Porsche and Volkswagen Group ecosystem through the Porsche Advantage integration platform, plus a dedicated joint venture fund (CICC Porsche Fund) for China-related investments.

Is Porsche Ventures a public or private company?

Porsche Ventures is a private company. It is classified as corporate owned and is currently operating.

When was Porsche Ventures founded?

Porsche Ventures was founded in 2016. It employs 11 to 50 people.

Where is Porsche Ventures based?

Porsche Ventures is headquartered in Stuttgart, Germany, in the Europe region.

How does Porsche Ventures make money?

Two revenue lines are on record. Venture capital fund returns are the primary driver. The others are realized exits and acquisitions.

Who are Porsche Ventures's main competitors?

Direct peers on record are Volvo Cars Tech Fund, SAIC Capital, BMW i Ventures, Toyota Ventures, Bosch Ventures, Hyundai Cradle, Mercedes-Benz Innovation (LAB1886), Stellantis Ventures and InMotion Ventures (Jaguar Land Rover). DTCP (Deutsche Telekom Capital Partners) is listed as an others.

Does Porsche Ventures have an API?

No public API is recorded for Porsche Ventures.

What industry is Porsche Ventures in?

Porsche Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAHAI, Corporate Innovation & Technology Scouting Units (with investment mandate), with a secondary code of FSANAHAF, Corporate Strategic Partnership & Ecosystem Investment Arms. Its NAICS code is 5239 and its SIC code is 6282.

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The funding will enable &Charge to expand into a comprehensive control layer for day-to-day operations, connecting field intelligence, usage data and a distributed service partner network into a single operational system.Startbase&Charge secures 5 million euros for better charging infrastructure in EuropeFrankfurt-based startup &Charge closed a Series A round of 5 million euros led by Warsaw Equity Group. The funds will develop its operating platform for charging infrastructure, managing over 50,000 charging points for operators like Ionity and Electra. The company aims to improve reliability and reduce downtime.VestbeeWarsaw Equity Group invests in &Charge €5M Series A to boost EV charging reliability across EuropeWarsaw Equity Group led a €5 million Series A round for &Charge, a software firm managing EV charging stations. The funding will scale its operational layer across Europe, targeting infrastructure gaps in Poland and Romania. &Charge services over 50,000 charging points for operators like Ionity and Electra.GasgooSeeds | CICC Porsche Fund backs Wujie Power for two consecutive rounds, positioning in embodied AI sectorThe CICC Porsche Fund participated in consecutive Angel and Angel+ financing rounds for Wujie Power, an embodied AI robotics company, with the Angel+ round exceeding 200 million yuan. With a third funding round nearing completion, Wujie Power's total fundraising has reached 800 million yuan, attracting investors including Sequoia China, Linear Capital, Hillhouse Ventures, and Shenzhen Capital Group. The CICC Porsche Fund was established in February 2024 as a joint venture between Porsche Ventures and CICC Private Equity, serving as Porsche's sole channel for early-stage equity investments in Chinese startups focused on mobility and smart technology.TechCrunchGroup14 lands $463M from SK, Porsche, and others to make silicon anodes for EVsGroup14 closed a $463 million funding round led by SK, with participation from ATL, Lightrock, Microsoft, Porsche, and OMERS. The startup manufactures silicon anode materials that can boost energy density by up to 50% and cut fast-charging times below 10 minutes. It also acquired full ownership of a joint venture with SK in South Korea.eeNews EuropeBlack Semi raises €250 million for graphene pilot wafer fabBlack Semiconductor GmbH secured €254.4 million in funding, comprising government support and equity investment from investors including Porsche Ventures, to establish a pilot wafer fab in Aachen, Germany. The company plans to use the capital for R&D and hiring, aiming to begin high-volume production of graphene-based chips by 2031.BatteriesnewsPorsche Ventures invests in Li-ion battery company South 8 TechnologiesPorsche Ventures has invested in South 8 Technologies, a lithium-ion battery innovator known for its electrolyte solutions that enhance EV and energy storage performance in extreme environments. This investment joins existing backers including LG Technology Ventures and Lockheed Martin Ventures as the company targets the growing global demand for advanced battery technology.KeysavvyKeySavvy raises $2M from Porsche Ventures and Founders' Co-op.KeySavvy announced a $2 million seed funding round led by Porsche Ventures and Founders' Co-op to accelerate product development and partnerships. The company utilizes payment and identity verification technology to eliminate fraud in private vehicle transactions, which account for 47% of used car sales in the US. This financial milestone coincides with ongoing integrations with peer-to-peer marketplaces like Find My Electric.EgirisimPorsche, elektrikli araçlar için çeşitli bataryalar geliştiren Customcells’e yatırım yaptıCustomcells, which develops high-performance lithium-ion batteries for electric vehicles, raised $63 million in a Series A funding round led by World Fund, with participation from Porsche, Abacon Capital, and Vsquared Ventures. The company aims to create a new premium segment in the international battery market and expand its position in electrification within the aerospace sector and new markets like the USA. Customcells is focused on providing customized battery solutions and recycling expired batteries while positioning itself as a significant independent player in the global battery cell industry.