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Audi Electronics Venture GmbH (AEV) is a wholly-owned subsidiary of AUDI AG, dedicated to integrating advanced technologies into Audi vehicles. The company specializes in technology scouting and the implementation of innovative electronic systems, particularly in areas like in-car audio, visual technology, and broader automotive electronics. AEV's core capability lies in identifying and translating emerging technologies into tangible applications that enhance vehicle functionality and the driving experience.
Established in 2001, AEV was founded in response to the growing strategic importance of sophisticated electronic systems within automotive development. As an internal venture, its inception reflected AUDI AG's foresight in securing a dedicated entity to navigate and leverage rapid advancements in electronics, ensuring future vehicle platforms remained at the technological forefront. This foresight aimed to proactively address the increasing complexity and demands of in-car digital ecosystems.
The primary beneficiary of AEV's endeavors is the Audi brand and its vehicle owners, who ultimately experience the integrated innovations. The company's long-term vision is to continuously drive the technological evolution of Audi's product lineup by fostering partnerships and integrating cutting-edge solutions from the startup ecosystem, effectively acting as an innovation conduit for its parent company.
Audi Electronics Venture has 2 tracked investments across 1 company. The latest tracked deal is $47.0M Series C in Cubic Telecom in August 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 24, 2017 | Cubic Telecom | $47.0M Series C | — | Fergal Mcaleavey, Qualcomm, Carlos Affonso |
| May 6, 2015 | Cubic Telecom | $20.4M Other Equity | — | ACT Venture Capital, Enterprise Ireland, Qualcomm, Sierra Wireless, TPS Investment |