Porsche increases investment in start-ups by €150M; innovative business models in the field of mobility
Green Car Congress
SEPTEMBER 26, 2018
—Lutz Meschke, Deputy Chairman and Member of the Executive Board for Finance and IT at Porsche AG. The total value of the financing round is US$80 million. Alongside direct investment deals, Porsche invests in selected venture capital funds, such as e.ventures in Europe and the USA as well as the Magma and Grove funds in Israel.
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