Ford Motor Company

Ford Motor Company is a prominent automobile manufacturer based in Dearborn, Michigan, founded by Henry Ford in 1903. The company produces a diverse range of vehicles, including cars, trucks, buses, and tractors, and sells them through dealerships for both retail and fleet customers, including government and rental agencies. In addition to manufacturing, Ford offers various automotive financing products through its subsidiary, Ford Motor Credit Company. These financial services include retail installment sale contracts, direct financing leases for new vehicles, and wholesale loans to dealerships for inventory purchases and facility improvements. Ford also provides insurance products, including coverage for vehicles in transit and extended service contracts. The company is committed to environmental sustainability and has initiated efforts in alternative fuel technologies, including electric and hydrogen-powered vehicles.

Birgit Behrendt

Vice President, Global Programs and Purchasing Operations

36 past transactions

Cavnue

Series A in 2022
Cavnue is focused on transforming road infrastructure to accommodate and enhance the use of connected and autonomous vehicles. Founded by Sidewalk Infrastructure Partners, the company aims to create systems that optimize roads specifically for these advanced vehicles. Cavnue's innovative technology integrates various systems to analyze and improve road conditions in real-time, allowing for the sharing of information and proactive guidance for both vehicles and drivers. The company's efforts include the development of a connected corridor in Michigan, positioning it in a region rich in automotive history and research. By advancing transportation infrastructure, Cavnue seeks to make roads safer, reduce congestion, and promote sustainable mobility solutions.

Redwood Materials

Corporate Round in 2021
Redwood Materials, Inc. is a Nevada-based company focused on advancing sustainable battery recycling technologies to create a circular supply chain for lithium-ion batteries. Founded by JB Straubel in 2017, Redwood specializes in the recycling and processing of end-of-life batteries and electronics to recover critical materials such as lithium, nickel, cobalt, copper, and various metals. The company currently receives approximately 10 GWh of used batteries annually and aims to scale its production of anode and cathode materials to 100 GWh by 2025, sufficient for manufacturing over one million electric vehicles each year. By providing environmentally sound solutions for recycling and refining, Redwood supports industries including electric vehicles, renewable energy storage, and consumer electronics, thereby contributing to a reduction in the environmental impact of battery production and usage.

Rivian

Private Equity Round in 2021
Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable and eco-friendly driving experience.

Electriphi

Acquisition in 2021
Electriphi, Inc. is a technology company that specializes in developing an online fleet and energy management platform aimed at facilitating the transition from conventional to electric vehicle fleets. Founded in 2018 and headquartered in San Francisco, California, with an additional office in San Jose, the company provides tools such as the Fleet Electrification Planning Tool, which assists fleet managers and planning teams in analyzing energy costs, infrastructure needs, and environmental impacts tailored to specific fleet characteristics. Electriphi's software is designed for various commercial vehicles, including electric transit buses, school buses, and delivery vehicles. Utilizing artificial intelligence and machine learning, the platform optimizes fleet operations and energy management, helping clients reduce operational costs and enhance infrastructure efficiency through managed charging strategies.

Solid Power

Series B in 2021
Solid Power Inc. specializes in the development of solid-state rechargeable batteries that are free from volatile or flammable liquid components. Founded in 2011 and based in Louisville, Colorado, the company focuses on creating batteries for various applications, including electric vehicles, portable electronics, aircraft, and satellites. Its solid-state batteries are designed to be energy-dense, safe, and reliable, offering significant improvements in performance, safety, and cost-effectiveness. Solid Power aims to license its battery cell designs and manufacturing expertise to leading battery manufacturers and automotive original equipment manufacturers, while also selling its proprietary sulfide-based solid electrolyte for use in all-solid-state battery cells.

Motorq

Series A in 2020
Motorq, LLC is a developer of a cloud-based interoperability software platform that facilitates access to connected vehicle data and analytics for enterprises such as fleets, insurance companies, and government agencies. Founded in 2016 and headquartered in the San Francisco Bay Area, the company aims to enhance operational efficiency and expand service offerings for its clients. Motorq's platform utilizes machine learning to integrate and analyze data from various connected car systems, providing actionable insights that help vehicle manufacturers and fleet management companies optimize customer experiences and improve product offerings. By enabling collaboration between original equipment manufacturers (OEMs) and device makers, Motorq supports enterprises in adapting to the evolving landscape of mobility.

Solid Power

Series A in 2020
Solid Power Inc. specializes in the development of solid-state rechargeable batteries that are free from volatile or flammable liquid components. Founded in 2011 and based in Louisville, Colorado, the company focuses on creating batteries for various applications, including electric vehicles, portable electronics, aircraft, and satellites. Its solid-state batteries are designed to be energy-dense, safe, and reliable, offering significant improvements in performance, safety, and cost-effectiveness. Solid Power aims to license its battery cell designs and manufacturing expertise to leading battery manufacturers and automotive original equipment manufacturers, while also selling its proprietary sulfide-based solid electrolyte for use in all-solid-state battery cells.

Phantom AI

Series A in 2020
Phantom AI, Inc. specializes in developing advanced driver-assistance systems (ADAS) and artificial intelligence solutions for autonomous vehicles. Based in Burlingame, California, the company offers a suite of products, including PhantomVision, a deep learning-based computer vision solution that complies with Euro NCAP standards, enabling the detection of vehicles, pedestrians, cyclists, and traffic signals. Additionally, Phantom AI provides PhantomFusion, which integrates data from various sensors such as cameras, radar, and LiDAR to create a comprehensive environmental model. Their PhantomDrive solution focuses on ensuring safe vehicle movement by predicting the behavior of detected objects. By delivering a modular, software-based platform, Phantom AI allows original equipment manufacturers (OEMs) and Tier 1 suppliers to customize their integration of these technologies, aiming to reduce accidents, enhance driving experiences, and advance the development of self-driving technology.

Rivian

Private Equity Round in 2019
Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable and eco-friendly driving experience.

One Stop Wellness

Grant in 2019
One Stop Wellness is an on-demand health literacy platform aimed at promoting healthy habits among employees. By offering a comprehensive workplace wellness app, the company assists organizations in improving population health and reducing healthcare costs. The platform provides employees with tools to track chronic risk factors and receive personalized guidance for enhancing their overall wellbeing. It also features customized wellness programs, including simple mental and physical well-being activities, delivered through innovative technology. Additionally, One Stop Wellness offers actionable analytics that help organizations redefine employee engagement and performance through meaningful interactions and lifestyle-based interventions.

CelLink

Series B in 2019
CelLink Corporation is an innovative company focused on developing flexible conductive backplanes and circuits for power electronics, including applications in batteries, solar panels, light-emitting diodes, and wire harnessing. Founded in 2012 and based in Belmont, California, CelLink manufactures high-conductance, large-area flexible circuits designed to facilitate clean power transmission. Their products integrate essential components such as busing, fusing, and voltage and temperature monitoring into a single circuit, providing customers with efficient solutions for power and data transmission at competitive prices. By offering advanced technology in a growing market, CelLink aims to support the increasing demand for sustainable energy solutions.

Quantum Signal

Acquisition in 2019
Quantum Signal LLC is an engineering company based in Saline, Michigan, founded in 1999. It specializes in product design, consulting, research, and development services, with a strong emphasis on algorithmic techniques for intelligent sensing, data analysis, and visualization. The company is known for its work in mobile robotics and autonomous systems, serving various industries such as defense, automotive, consumer products, and manufacturing. Additionally, Quantum Signal provides modeling and simulation solutions, including interactive tools for engineering and training applications. As a subsidiary of Ford Motor Company since July 2019, the firm is dedicated to creating innovative technologies and solutions that address complex challenges across multiple sectors.

Rivian

Corporate Round in 2019
Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable and eco-friendly driving experience.

SAIPS

Corporate Round in 2018
SAIPS specializes in the design, development, and implementation of algorithmic engines focused on deep learning and reinforcement learning. The company offers five algorithmic suites that tackle advanced computer vision challenges, including detection, tracking, image enhancement, segmentation, and video intelligence. By delivering innovative and cost-effective solutions, SAIPS helps its clients overcome technological and business obstacles. Its diverse customer base spans various industries, including aerospace, medical, semiconductors, mobile, sports, gaming, and retail. The majority of SAIPS engineers come from elite military units and possess over ten years of experience in developing and managing complex algorithmic systems. The company's personnel have a strong track record of executing projects with high quality and efficiency.

Desktop Metal

Series D in 2018
Desktop Metal, Inc. is a manufacturer of additive manufacturing solutions, specializing in 3D printing technologies for metal and carbon fiber. Founded in 2015 and headquartered in Burlington, Massachusetts, the company offers a range of products, including the Production System for industrial manufacturing, the Shop System for machine and job shops, the Studio System designed for office use, and the Fiber desktop 3D printer. Desktop Metal serves a variety of industries such as automotive, aerospace, healthcare, consumer products, heavy industry, machine design, and research and development. Its innovative systems, materials, and software facilitate on-demand digital mass production, providing the speed, cost-efficiency, and part quality necessary for modern manufacturing. The company markets its solutions across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, with a significant portion of its revenue generated from the Americas.

Zoomcar

Series C in 2018
Zoomcar is a leading peer-to-peer car-sharing marketplace based in Bengaluru, India, specializing in self-drive rentals and vehicle subscriptions. Founded in 2013, the company operates a technology-driven platform that features over 20,000 vehicles across India, Southeast Asia, and Egypt. By empowering host entrepreneurs to share their cars, Zoomcar allows them to earn passive income while providing guests with a diverse and affordable selection of vehicles. The company's primary revenue comes from short-term self-drive rentals, with India being its largest market. Zoomcar employs over 300 people and operates in 50 cities, including locations in Indonesia, Vietnam, and Egypt. Uri Levine, a notable entrepreneur known for his work with mobility companies, serves as the Chairman of the Board.

MCity

Venture Round in 2017
Mcity is an autonomous vehicle research center located on the University of Michigan campus in Ann Arbor, Michigan. It serves as a unique urban test facility that facilitates collaboration among industry, government, and academia to enhance transportation safety, sustainability, and accessibility. Mcity combines early-stage research with real-world testing and on-road vehicle deployments to validate and advance new technologies in the mobility sector. The center is staffed by renowned researchers and aims to contribute to the development of safer and more efficient transportation systems for the benefit of society.

AutoFi

Series A in 2017
AutoFi, Inc. operates an online auto finance platform that simplifies the process of applying for and securing auto loans. Founded in 2015 and based in San Francisco, California, AutoFi provides a seamless user experience for consumers looking to purchase and finance vehicles entirely online. The platform connects car buyers with authorized dealerships and a network of lenders, allowing for an automated application and approval process. Key features include the ability to select financing and lease terms, estimate trade-in values, choose rebates, and schedule appointments—all designed to enhance the car buying experience. By offering instant, customizable financing decisions, AutoFi enables customers to complete their vehicle purchases in a straightforward and efficient manner.

Breeze

Acquisition in 2017
Breeze Labs, Inc. is an online platform that allows users to earn income through on-demand car services. Founded in 2013 and based in San Francisco, the company initially focused on providing fleet management technology to modernize car ownership, making it more flexible and accessible. Although Breeze launched its services in 2014 and expanded its operations to several major cities, including Los Angeles, Seattle, Chicago, Washington, and Boston, it suspended operations as of July 2016 and is no longer accepting new customers for its leasing platform.

Argo AI

Funding Round in 2017
Argo AI, LLC is an artificial intelligence company focused on developing robotics and solutions for self-driving vehicles. Founded in 2016 and headquartered in Pittsburgh, Pennsylvania, with additional engineering centers in Detroit, Cranbury, New Jersey, Los Angeles, Palo Alto, and Munich, Germany, Argo AI aims to enhance safety and accessibility on roadways. The company employs over 1,800 people across the U.S. and Europe, working on the Argo Autonomy Platform, which supports autonomous ridesharing and goods delivery. Argo AI's technology encompasses software, hardware, mapping, and cloud infrastructure, enabling self-driving vehicles to operate efficiently. The firm also offers Ground Truth, a platform that provides insights into the development of autonomous driving technology. As a subsidiary of Ford Motor Company, Argo AI is dedicated to creating mobility solutions that benefit communities worldwide.

Velodyne Lidar

Corporate Round in 2016
Velodyne Lidar is a leading global provider of lidar technology, recognized as the first public pure-play lidar company. Under the leadership of CEO Anand Gopalan, the company focuses on enhancing safety, efficiency, and sustainability in mobility and smart city applications through its innovative lidar solutions. Velodyne offers a comprehensive range of hardware and software products designed to meet the diverse needs of various industries, including autonomous vehicles, advanced driver-assistance systems, robotics, and security. Their technology plays a crucial role in advancing autonomous systems, enabling applications such as autonomous tractors for logistics, and robots for hazardous tasks like rescue missions and construction support. Velodyne's mission is to foster universally accessible mobility solutions that contribute to safer and smarter communities.

SAIPS

Acquisition in 2016
SAIPS specializes in the design, development, and implementation of algorithmic engines focused on deep learning and reinforcement learning. The company offers five algorithmic suites that tackle advanced computer vision challenges, including detection, tracking, image enhancement, segmentation, and video intelligence. By delivering innovative and cost-effective solutions, SAIPS helps its clients overcome technological and business obstacles. Its diverse customer base spans various industries, including aerospace, medical, semiconductors, mobile, sports, gaming, and retail. The majority of SAIPS engineers come from elite military units and possess over ten years of experience in developing and managing complex algorithmic systems. The company's personnel have a strong track record of executing projects with high quality and efficiency.

Civil Maps

Seed Round in 2016
Civil Maps is a geospatial technology company based in Berkeley, California, specializing in artificial intelligence-based mapping solutions. The company offers a sensor-agnostic platform that enables high-accuracy, low-cost 3D HD mapping and localization, catering to various industries including transportation, telecommunications, and energy. Civil Maps' technology is utilized by automotive original equipment manufacturers (OEMs), mapping companies, and mobility providers to enhance their autonomous driving capabilities. By integrating their localization technology with diverse sensor configurations, Civil Maps allows vehicles to develop a comprehensive understanding of their environment through its proprietary Fingerprint Basemap Technology. This innovative approach significantly reduces the costs and energy requirements for large-scale deployment of autonomous vehicles and delivery systems while ensuring safe and efficient navigation on all road types.

Pivotal

Series C in 2016
Pivotal Labs, founded in 1989, is a software company specializing in agile development and digital transformation technology. With over two decades of experience, it has established itself as a leader in building reliable and scalable software for both innovative industry leaders and emerging companies across various sectors. Pivotal Labs collaborates with technical teams of varying expertise to launch hundreds of web and mobile products and develop complex enterprise infrastructures. The company has partnered with notable organizations such as Twitter, Salesforce.com, and Best Buy, among others. Pivotal Labs is also the creator of Pivotal Tracker, a widely-used project management tool for developers. With offices in major cities including San Francisco, New York, and London, Pivotal continues to influence the software development practices of some of the world's most admired brands.

Livio Radio

Acquisition in 2013
Livio Radio, operating under Myine Electronics, LLC, specializes in designing and manufacturing electronic audio products. Founded in 2008 and based in Ferndale, Michigan, the company offers a range of Bluetooth Internet radio car kits compatible with iPhones and Android devices, as well as car audio players tailored for both personal and commercial use. In addition to its hardware offerings, Livio Radio provides the Livio Connect API, a middleware framework that facilitates the connection and interaction between hardware and various mobile applications. Its products are distributed through retailers, resellers, and online platforms, ensuring accessibility for a wide audience.

iBiquity Digital

Private Equity Round in 2009
iBiquity Digital is a company that develops and licenses HD Radio technology for both AM and FM audio and data broadcasting, operating within the United States and internationally. Founded in 1991 and headquartered in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey, and Pontiac, Michigan, iBiquity's technology enables digital radio signals to coexist on the same frequencies as traditional analog broadcasts. This innovation allows for enhanced audio quality and additional data services for listeners. The company also offers products such as the Gigaware Navigation Control HD Radio Receiver accessory and a dedicated HD Radio application for iPhone and iPod touch users, facilitating access to HD Radio FM broadcasts.

Automobile Craiova

Acquisition in 2008
An automobile manufacturer located in Craiova, Romania.

Zebra Imaging

Series C in 2006
Zebra Imaging, founded in 1996 by graduates of the Massachusetts Institute of Technology's Media Laboratory, specializes in digital holographic technology aimed at enhancing three-dimensional visual communications. The company is dedicated to creating innovative holographic products that facilitate improved communication, engaging entertainment, and effective decision-making. Zebra Imaging offers a range of services, including on-demand holographic prints, digital models, and displays, providing advanced 3D visualization and collaboration solutions for customers, employees, and investors. With a commitment to developing cutting-edge technologies, the company has established itself as a leader in the field of holography.

Telcontar

Series B in 2005
Telcontar is a worldwide provider of total location-based solutions for in-vehicle, Internet and wireless platforms. Using the Telcontar premier spatial software platform, our patented automated user notification technology and carefully chosen industry partners, Telcontar can help its customers provide complete, real-time, highly scalable solutions for navigation, mobile safety, security and convenience. Our customers include Yahoo!, Rand McNally, ATX technologies, Criticom International, Satronics and Hutchison 3G.

eRoom Technology

Private Equity Round in 2000
eRoom Technology provides internet-based software applications and services that enable organizations to collaborate with their enterprises of employees, customers, suppliers, and other partners. The company’s software is used for a variety of projects, including designing and developing products, bringing new products to the market, establishing and coordinating activities across the supply chain, coordinating sales and support efforts, and managing consulting engagements from proposals through completion. eRoom Technology was founded in 1996 and is headquartered at Cambridge, Massachusetts, United States.

Plumtree Software

Venture Round in 2000
Plumtree Software specializes in the development and marketing of software solutions designed for deploying web applications. The company's flagship product, the Enterprise Web Suite, integrates various technologies, including portal, content management, collaboration, integration, and search functionalities. Central to its offerings is the Corporate Portal, which serves as a framework for applications, facilitating the creation of virtual community workspaces and ensuring a unified web environment. Additionally, Plumtree provides a Collaboration Server that allows users to work together online, managing tasks, projects, and document sharing. The Content Server handles the publication and administration of web content, while the Search Server enables comprehensive indexing and searching of all accessible materials. The Studio Server offers tools for portal managers to create application components without coding, and the Web Services Integration technologies connect the portal to enterprise systems. Plumtree Software also delivers deployment and support services, consulting, and training, distributing its products through a direct sales force and various partners globally. Founded in 1996, the company is based in San Francisco, California, and operates as a subsidiary of Oracle Corp.

AvantGo

Venture Round in 2000
AvantGo, Inc. specializes in software and services that facilitate the access of Internet-based content and corporate applications on mobile devices, including personal digital assistants and Internet-enabled phones. The company offers the AvantGo M-Business Server and mobile application products, allowing clients to provide employees, customers, suppliers, and business partners with seamless access to critical business information. Additionally, AvantGo's Mobile Internet service enables individuals to interact with online content and applications, creating new avenues for businesses to engage with their customers. The company also offers mobile-formatted online content channels, along with an offline browser and desktop synchronization client, enhancing the overall user experience. In recognition of its contributions to mobile technology, AvantGo was selected by Microsoft to join the Microsoft Mobility Partner Advisory Council in 2002.

carClub

Venture Round in 2000
At carclub.com, Their mission is to provide automotive consumers with the best car owning experience they will ever have. We're committed to building their business based on what customers want and how they like to be treated. Whether by web or by phone, they aim to offer comprehensive selection, unprecedented savings, and state of the art service.

Volvo Car

Acquisition in 1999
Volvo Car Group, known for its premium automobiles, has a rich history dating back to 1927 when it produced its first car in Gothenburg. Today, it operates globally, selling vehicles in approximately 100 countries, with significant markets in the United States, Sweden, China, Germany, and the United Kingdom. Owned by Zhejiang Geely Holding of China since 2010, Volvo manufactures a diverse range of vehicles, including sedans, SUVs, estates, and convertibles, all characterized by their Scandinavian design and focus on human-centric functionality. The company's brand strategy, "Designed Around You," emphasizes customer needs and sustainable mobility solutions, such as plug-in hybrids and electric vehicles. Volvo Car is dedicated to innovation, continually developing technologies that enhance safety and simplify the driving experience while contributing to a more sustainable society. With headquarters in Mahwah, New Jersey, Volvo Car remains committed to delivering high-quality automobiles that embody craftsmanship and advanced engineering.

Jaguar Land Rover

Acquisition in 1989
Jaguar Cars is a brand of Jaguar Land Rover, a British multinational car manufacturer headquartered in Whitley, Coventry, England. Its website, Jaguar.com, directs users to pages tailored to country-specific markets and model-specific websites. The website features information about various car models, including Jaguar Range, XE Models, XF Models, XJ Models, F-TYPE, Models, F-PACE, R-Performance, and Concept Cars. It also enables them to book a test drive. Download brochures, find offers, calculate taxes, and more.

Lincoln Motor

Acquisition in 1922
The Lincoln Motor Company, a division of Ford Motor Company, is a luxury vehicle manufacturer based in Dearborn, Michigan. Established in 1917 by Henry M. Leland, Lincoln specializes in producing high-end vehicles, particularly luxury SUVs and plug-in hybrid electric vehicles. The brand is known for its commitment to craftsmanship, innovative technology, and a focus on providing a premium driving experience.
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