Bridgestone Europe and Iris Capital have unveiled a corporate venture partnership to investigate and invest in new mobility services, Industry 4.0 and digital transformation technologies across Europe, the Middle-East and Africa.
“Over the last few years, Bridgestone has invested heavily in its digital transformation and in particular in its Digital Garage, an open innovation platform, where it has built new capabilities in data collection from sensors and RFiD, platforms, and analytics, and pioneered a range of digital solutions and applications such as Mobox, FleetPulse and Bridgestone Connect,” said president and CEO of Bridgestone EMEA and EVP of the Bridgestone Group, Paolo Ferrari.
“This corporate venture partnership with Iris Capital will allow us to accelerate our strategy while supporting start-ups and exploring new and disruptive models in the mobility eco-system”.
For his part, Iris Capital managing partner, Antoine Garrigues added: “In 2012, we’ve successfully created a European multi-corporate VC model with the strong support of corporate champions.
“Our mission is to identify and fuel promising entrepreneurs and to help them grow and scale their businesses across Europe and beyond. We’re now particularly increasing and sharpening our focus on new mobility services and technologies with our partner Bridgestone.”