Castrol InnoVentures

PartsTech Inc. is a Cambridge, Massachusetts-based company that has developed a web-based platform for searching and ordering auto parts. Founded in 2012, the platform enables mechanics to easily locate, evaluate, and order parts from over 26,000 local distribution locations, including major retailers. It offers comprehensive product descriptions, images, and schematics directly from manufacturers, streamlining the ordering process in an industry traditionally reliant on phone orders. PartsTech operates one of the largest databases of automotive parts and fitment information, sourced from more than 1,900 manufacturers. Additionally, the platform provides API integrations for enterprise shop management systems, enhancing the operational efficiency of repair shops and part distributors through improved e-commerce capabilities and data accuracy.

Zubie is a connected vehicle services company that offers a platform designed to deliver essential vehicle health, location, and safety information to both consumers and businesses. By utilizing a plug-in device known as the Zubie Key, users can easily access and monitor their vehicle data through mobile applications available for iOS and Android. The service provides insights into fuel efficiency, location tracking, and driving behavior, which helps businesses enhance vehicle maintenance, prevent accidents, and optimize fleet operations. Zubie's subscription model includes the Zubie Key, mobile apps, and an online web portal, catering to the needs of both individual consumers and commercial fleets.

Peloton Technology Inc., founded in 2011 and based in Menlo Park, California, develops advanced active safety systems aimed at enhancing the efficiency of trucking fleets. The company employs radar and Dedicated Short-Range Communications (DSRC) to establish vehicle-to-vehicle links between pairs of trucks. This technology allows for the coordination of acceleration and braking while keeping drivers fully engaged and in control of steering. By forming platoons, Peloton's system significantly reduces aerodynamic drag, resulting in fuel savings of over 7% during on-road testing for both the leading and trailing trucks. In addition to improving fuel efficiency, Peloton's solutions help mitigate collision-related expenses, addressing critical issues faced by the trucking industry.

CarVue Ltd. is a company that develops and provides a cloud-based application designed for workshops, garages, and mechanics around the world. Founded in 2014 and based in Newbury, United Kingdom, CarVue's automotive business management platform is accessible via various web-enabled devices, including computers, tablets, and smartphones. The application includes modules for managing contacts, vehicles, workshops, finances, and inventory, allowing users to personalize purchase orders, create job cards, generate invoices, and access instant financial reporting. CarVue aims to streamline operations for automotive businesses by offering tools for effective management and auditing of customer and supplier interactions.

Zubie is a connected vehicle services company that offers a platform designed to deliver essential vehicle health, location, and safety information to both consumers and businesses. By utilizing a plug-in device known as the Zubie Key, users can easily access and monitor their vehicle data through mobile applications available for iOS and Android. The service provides insights into fuel efficiency, location tracking, and driving behavior, which helps businesses enhance vehicle maintenance, prevent accidents, and optimize fleet operations. Zubie's subscription model includes the Zubie Key, mobile apps, and an online web portal, catering to the needs of both individual consumers and commercial fleets.

Zubie is a connected vehicle services company that offers a platform designed to deliver essential vehicle health, location, and safety information to both consumers and businesses. By utilizing a plug-in device known as the Zubie Key, users can easily access and monitor their vehicle data through mobile applications available for iOS and Android. The service provides insights into fuel efficiency, location tracking, and driving behavior, which helps businesses enhance vehicle maintenance, prevent accidents, and optimize fleet operations. Zubie's subscription model includes the Zubie Key, mobile apps, and an online web portal, catering to the needs of both individual consumers and commercial fleets.

RepairPal Inc. is an online platform that provides consumers with essential information for auto repair and maintenance. Founded in 2007 and based in San Francisco, the company offers a comprehensive database that includes repair cost estimates, articles, and resources related to vehicle ownership. RepairPal helps users find trusted auto repair shops through its "RepairPal Certified" program, which ensures that participating facilities meet rigorous standards for trained mechanics, quality parts, fair pricing, and customer satisfaction. With a network of over 3,800 certified repair shops across the United States, RepairPal partners with organizations such as CarMax, USAA, and Verizon to extend its services to a broader audience, enabling consumers to make informed decisions about their vehicle repairs.

Behind GreenSteam is a team of dedicated, highly educated engineers and scientists who have spent years of research to combine common-sense principles with advanced engineering to create a practical, simple-to-use energy saving system making it possible to reduce fuel consumption by 4-5% on average. GreenSteam:tm: is part of Decision3 – a company researching and implementing quantitative decision support solutions. The company was founded by three M.Sc. candidates from the Technical University of Denmark in 2006 and is today based in the Faroe Islands in the North Atlantic as well as in Copenhagen, Denmark.