Bosch Ventures Invests $270M in North American Startups
Bosch Ventures has launched a new $270 million fund, its sixth, focused on investing in North American deep-tech startups. Despite current market uncertainties, the firm sees significant potential in the region.
Strong Deal Flow Drives North American Focus
Managing Director Ingo Ramesohl expressed optimism about the North American startup ecosystem. He highlighted the continued innovation and disruption as key drivers for investment.
“I see a lot of positive energy. People are not stopping to innovate and not stopping to disrupt. So for me, it’s really a great time for new investments.”
The firm, with offices globally, plans to invest between $5 million and $10 million in 20 to 25 companies.
Key Investment Areas
Bosch Ventures continues its focus on key sectors:
- Automotive Technology
- Climate Tech
- Cybersecurity
- Semiconductor Manufacturing
- Energy Efficiency
- Enterprise Software
Generative AI, particularly its application in manufacturing and other physical world industries, is also a high priority.
“We are not entirely focusing on gen AI,” Ramesohl said.
AI at the Core of Bosch
AI remains central to Bosch's strategy. All Bosch products are now developed or produced using AI, a milestone reached in 2023. The Bosch Center for Artificial Intelligence, established in 2017, underscores this commitment.
Ramesohl believes the most promising AI applications lie in operational improvements.
“Gen AI is changing a lot, and at the same time, it’s enabling a lot of new businesses, a lot of new innovations.”
