Automakers Rev Up Venture Capital Engine With 38 Investments in 2017
PYMNTS
JANUARY 19, 2018
As such, automakers are hitting the venture capital highway in droves. In the rideshare arena, InMotion , Jaguar Land Rover’s venture capital arm, invested $25 million in a $600 million funding round for Lyft in 2017. The automaker is also reportedly joining the Open Platform operated by Lyft for autonomous cars. Ridesharing.
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