Hella Ventures

Hella Ventures is the corporate venture capital arm of Hella that began operation in 2015, with its headquarters in San Francisco in California. It seeks to invest in the early-stage companies operating in the automated driving, lighting technologies, digitization, electrification, and software sectors.

Martin Rudigier

Managing Partner

16 past transactions

Actnano

Series B in 2021
Actnano is a nanotechnology company that specializes in automotive, consumer electronics, and smart coating solutions that make products water-resistant. The company enables the protection of a variety of materials from water damage and harsh environmental conditions. Its technology provides a broad spectrum of transparent nano guard coatings that can be applied to electronic devices in a way that makes them water-resistant to IPx7 levels, enabling clients to keep their electronics and gadgets protected and last long in an economical way. actnano was founded in 2012 and is headquartered in Cambridge, Massachusetts.

ZaiNar

Series A in 2021
ZaiNar is a technology that can track the real-time location of anything. The company's platform uses radio signals including cellphones, IoT sensors, and chipless RFID tags for positioning that is far more scalable, cost-effective and accurate than existing alternatives, enabling enterprises to track locations with over 200 meters range and sub-meter accuracy.

AEye

Post in 2021
AEye’s unique software-defined lidar solution enables advanced driver-assistance, vehicle autonomy, smart infrastructure and logistics applications that save lives and propel the future of transportation and mobility. AEye’s 4Sight™ Intelligent Sensing Platform, with its adaptive sensor-based operating system, focuses on what matters most: delivering faster, more accurate, and reliable information. AEye’s 4Sight™ products, built on this platform, are ideal for dynamic applications which require precise measurement imaging to ensure safety and performance. AEye has a global presence through its offices in Germany, Korea, and the United States.

Ridecell

Venture Round in 2021
Ridecell Inc. is the way in the digital transformation of fleet businesses and operations. Our Fleet IoT (Internet of Things) Automation solutions modernize and monetize fleets by combining data insights with digital vehicle control to turn today’s manual processes into automated workflows. The result is unmatched levels of efficiency and control for shared services, motorpools, rental, and logistic fleets. Today Ridecell powers some of the most successful fleet businesses in cities across Europe and North America, including Ferrovial, Groupe Renault, Gig Car Share from AAA, and Toyota Sweden. Ridecell is headquartered in San Francisco with offices in Madrid, Paris, Berlin, and Pune India.

Oculii

Series B in 2021
Oculii is creating a next-generation AI software platform for radars that’s exponentially higher resolution, longer range, more accurate, and less expensive than conventional solutions – increasing safety and reliability. The promise of autonomous vehicles depends on high-performance, all-weather, low-cost and scalable perception technology, and Oculii is bringing it to the world. Oculii's AI software amplifies the resolution of any radar platform, enabling high performance perception for the next generation of autonomous systems. Traditional phased array radars have been used for decades and follow a strict size for performance tradeoff - the larger the sensor aperture, the higher the angular resolution. Oculii’s Virtual Aperture Imaging radar technology fundamentally breaks this tradeoff - enabling its sensors to trade increased compute/processing for angular resolution enhancement with the same physical aperture. Leveraging this technique enables Oculii sensors to extract unprecedented accuracy, range, and 4D positioning information from commodity off the shelf low-cost radar elements, bringing high resolution radar imaging to the next frontier. Oculii is backed by some of the top investors and corporations from Silicon Valley, and is working with the leaders in Self Driving Vehicles, Robotics, and Drones - helping them deliver on an autonomous future with an advanced, robust, affordable perception platform.

AMP

Seed Round in 2021
AMP operates as an energy management solutions provider for e-mobility. Its technology underpins offerings from e-mobility pioneers and those on the verge of disrupting the market.

Drishti

Series B in 2020
Drishti provides AI-powered video analytics technology that gives visibility and insights for manual assembly line improvement, Its training function uses AI, video and best practices reinforcement to train new employees, cross-train existing employees and identify what it considers “brilliant outliers”: creative line associates who excel in certain roles or develop new ways to improve standardized work.

Apex.AI

Venture Round in 2019
Apex.AI specializes in developing operating systems for autonomous vehicles. Its software products are based on open-source software such as ROS or Eclipse iceoryx.

Light Field Lab

Series A in 2019
Light Field Lab is a breakthrough technology startup that builds an innovative holographic ecosystem. It re-creates what optical physics calls a real image for off-screen projected objects by generating a massive number of viewing angles that correctly change with the point of view and location just like in the real world. They enable entirely new business opportunities across consumer and enterprise markets. The company was founded in 2017 by Jon Karafin, Brendan Bevensee, and Ed Ibe, with the single mission to enable a holographic future by building upon the founders’ collective expertise of light field technology innovation. Based in San Jose, CA, Light Field Lab is backed by top-tier venture firms including Khosla Ventures.

Excelfore Corporation

Series B in 2018
Driving the Internet of Things (IoT) revolution for Automotive Applications Excelfore has deployed its Cloud Platform with Top-tier Automotive Suppliers for various applications: 1) Software Updates for Life Cycle Management 2) Vehicle Management and Data Analytics on vast data collected through our customers' Telematics deployments Strong IP Portfolio: -- M2M Network: US Patent 8761101 -- Communication Compression: US Patent 8949466 -- Distraction avoidance framework for Apps on Headunits and Smartphones: US Patent 8914012 -- System and Method for Monitoring Liquid Level in Container/Reservoirs, Patent Pending (July 2015)

BreezoMeter

Series B in 2018
BreezoMeter is the provider of street-level and real-time air quality information; their suite of easy-to-integrate APIs includes air pollution, pollen, and active fire data. Product and healthcare brands, such as Siemens, Tata Motors, and allergy pharmaceutical provider ALK, choose to integrate BreezoMeter thanks to their unmatched level of real-time accuracy. BreezoMeter is the only AQ provider with a published accuracy validation process. BreezoMeter's exceptional team of multi-disciplinary scientists and engineers has managed to achieve this unparalleled accuracy thanks to a unique multi-data layer approach to air quality based on information from governmental sensors, satellites, weather, traffic, and more. The company then deploys hundreds of air quality calculations at once, using sophisticated modeling and AI, in order to calculate air quality up to a resolution of 0.003 miles (5 meters/16 feet) in 90+ countries on an hourly basis.

CarForce

Seed Round in 2018
Customer Problem: There are 162 million used vehicles on the road today equipped with complex maintenance systems but without embedded telematics or diagnostic connectivity. Consumers driving these vehicles may see a check engine light go on in their car, but they are dependent and distrustful of the mechanic. Dealers are in the dark, having zero awareness or information about the issue. Resultantly, dealers are leaving money on the table from missed service revenue and OEM customer loyalty incentives. Solution: CarForce has developed a complete end to end solution that leverages after market telematics to provide real time updates on the health of consumer vehicles. Service centers now have the ability to see service opportunities in real time enabling them to serve their customers by having first right of refusal, order parts more quickly, and offer their customers an on-demand concierge experience. Management: CarForce was founded by Jessika Lora, the former Head of Automotive Partnerships and GM of eBay’s Vehicles C2C business. While at eBay Motors, the world’s #1 automotive marketplace, she managed strategy and operations for a $7.3 billion dollar business and led the turn around of eBay’s $1.6 billion dollar consumer-to-consumer vehicle sector with double-digit growth. She developed her results driven track record as a management consultant for Deloitte Consulting and is a Stanford BS and MS graduate with 10+ years of automotive and e-commerce experience.

Ario

Seed Round in 2018
Ario is building intelligent lighting products to help people lead healthier lives. It's flagship product, the Ario lamp, programs itself to adjust light direction, color, and intensity throughout the day to support your body's natural hormone production and circadian rhythm. Ario is driven by a mission is to help people improve their health through smart lighting. The company was founded in 2015 and is headquartered in Seattle, Washington.

CarForce

Seed Round in 2017
Customer Problem: There are 162 million used vehicles on the road today equipped with complex maintenance systems but without embedded telematics or diagnostic connectivity. Consumers driving these vehicles may see a check engine light go on in their car, but they are dependent and distrustful of the mechanic. Dealers are in the dark, having zero awareness or information about the issue. Resultantly, dealers are leaving money on the table from missed service revenue and OEM customer loyalty incentives. Solution: CarForce has developed a complete end to end solution that leverages after market telematics to provide real time updates on the health of consumer vehicles. Service centers now have the ability to see service opportunities in real time enabling them to serve their customers by having first right of refusal, order parts more quickly, and offer their customers an on-demand concierge experience. Management: CarForce was founded by Jessika Lora, the former Head of Automotive Partnerships and GM of eBay’s Vehicles C2C business. While at eBay Motors, the world’s #1 automotive marketplace, she managed strategy and operations for a $7.3 billion dollar business and led the turn around of eBay’s $1.6 billion dollar consumer-to-consumer vehicle sector with double-digit growth. She developed her results driven track record as a management consultant for Deloitte Consulting and is a Stanford BS and MS graduate with 10+ years of automotive and e-commerce experience.

brighter AI

Convertible Note in 2017
At brighter AI, we are on the mission to protect every identity in public. Our leading anonymization solutions for video data are based on state-of-the-art artificial intelligence. We were named “Europe’s Hottest AI Startup” by Nvidia and won "The Spark - The German Digital Award" by Handelsblatt & McKinsey. Established in 2017 within the automotive industry, we are today serving companies in various sectors and are supported by outstanding investors.

Halion Displays

Convertible Note in 2017
Halion Displays building the display technology that Low power, daylight-visible displays enabling the next generation of devices. The next global standard in display technologies. Just like print — if print could play video. Their technology is based on the idea of ink on paper. It uses advanced cyan, magenta and yellow materials, just like the inks your printer uses, only our inks can switch rapidly between colours, offering unparalleled refresh rate.
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