Home / Silicon Valley / BorgWarner Invests $10 Million in a Silicon Valley Venture Fund

BorgWarner Invests $10 Million in a Silicon Valley Venture Fund

BorgWarner Inc., the automotive powertrain supplier, is investing $10 million in a Silicon Valley venture-capital fund to get a better read on advances in vehicle-propulsion technology.

The supplier on Monday said it would put money into Autotech Ventures, a Palo Alto, Calif., venture-capital firm that revealed in late 2015 it was trying to raise $150 million to invest in emerging technologies.

The Auburn Hills, Mich.,…


Source link

About admin

Check Also

AltSchool is a new kind of school created by Silicon Valley

Melia Robinson A new kind of school crafted by the minds and wallets of Silicon …