SNCF, Orange, PSA Peugeot Citroën and Total recently launched a €30m investment fund dedicated to sustainable mobility.
Ecomobilité Ventures will focus on investing in innovative young companies involved in the creation of new forms of sustainable mobility.
Ecomobilité Ventures will acquire minority interests in European start ups or development stage companies and will support them over the long term. . They will have to demonstrate their ability to be profitable on a stand-alone basis by leveraging a solid business model, as well as their potential to become leaders in their market segments.
Targeted segments include sustainable mobility products, services and technologies and mobility-related clean technologies.