Fund profile
Porsche Ventures
Luxembourg, Luxembourg
Not leading
About
Porsche Ventures is the global corporate venture capital arm of Porsche AG, the Stuttgart-based German luxury sports car manufacturer. Established in 2016, the unit has grown into a systematic startup ecosystem with employees across five international hubs: Luxembourg (legal domicile), Berlin, Palo Alto, Tel Aviv, and Shanghai. The firm is led by Managing Director Ulrich Thiem under the strategic oversight of Lutz Meschke, Deputy Chairman of Porsche AG's Executive Board for Finance and IT. Porsche Ventures operates under a strategy organized around four investment fields: Car and Mobility, Intelligent Enterprise, Sustainability, and Beyond — the last encompassing AI, blockchain, VR/AR, and Web3. The firm maintains an annual investment framework of approximately EUR 150 million and has earmarked up to EUR 250 million for new investments and follow-on tickets. Cumulatively, Porsche has invested approximately EUR 300 million into 52 current portfolio companies, with 72 total disclosed investments, 4 unicorns, 2 IPOs, and 5 acquisitions. Notable portfolio companies include Rimac Automobili (in which Porsche holds a 22% stake via the Bugatti Rimac joint venture), Cresta, Nozomi Networks, TriEye, Anagog, Urgent.ly, WayRay, VAHA, Via, and ZEDEDA (participating in its $72 million Series C). Porsche Ventures functions as both a financial investor and a strategic accelerator: portfolio companies gain access to Porsche's global customer base, engineering expertise, manufacturing know-how, and retail distribution network. The firm's five-hub model ensures deal sourcing proximity to the world's most active technology ecosystems, while its industry focus on mobility and intelligent enterprise keeps the portfolio closely aligned with Porsche AG's own long-term innovation roadmap.
Details
Highlights
$6M
Historical average check
October 2024
Last investment date
72
Investments
Transportation & Mobility
AI & Deep Tech
CleanTech & Sustainability
Hardware. Robotics & IoT
Fintech & Financial services
Web 3.0
SaaS
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Website
porsche.venturesSocial
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