Bosch Makes €250 Million Available to Startups

Despite the challenging business environment, the Bosch Group is raising its venture-capital funding for the current business year. Its subsidiary Robert Bosch Venture Capital GmbH (RBVC) is setting up a new fund for startups with a volume of 250 million euros.

As a provider of venture capital, Bosch supports startups around the world whose technologies have the potential to improve quality of life and conserve natural resources. “Our investments in startups promote technological progress in business and society,“ says Stefan Hartung, chairman of the board of management of Bosch. “And we also benefit from this collaboration, since solutions to ever more complex tasks can frequently be found faster, more efficiently, and better in partnership with others.“

As an innovation leader, Bosch is at the forefront of efforts to bring about climate-neutral technology, sustainable mobility, and connectivity, which is why RBVC investments also focus on fields such as energy efficiency and powertrain electrification. Bosch recently announced that it will be investing billions in climate-neutral technology, including hydrogen technologies and the digital transformation of its business.