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General Motors Ventures

North America, Michigan, United States, Warren

Description

General Motors Ventures (GM Ventures) is the corporate venture capital arm of General Motors, established in 2010. Based in Warren, Michigan, it serves as a strategic investor, providing capital to high-growth technology startups that align with GM's long-term vision for the future of mobility. Its primary objective is to identify and foster innovations that contribute to a world with zero crashes, zero emissions, and zero congestion, thereby supporting GM's core business objectives and exploring new market opportunities.

The firm's investment strategy is deeply integrated with General Motors' strategic priorities. GM Ventures primarily focuses on areas critical to the evolution of the automotive industry, including electrification technologies, autonomous driving systems, connected vehicle solutions, advanced manufacturing processes, and innovations enhancing the customer experience. By investing in these sectors, GM Ventures aims to accelerate the development and adoption of technologies that will shape the next generation of transportation. As of 2021, GM Ventures had invested in over 50 companies, demonstrating its consistent activity in the venture landscape.

GM Ventures typically targets growth-stage technology companies, though it also participates in earlier rounds such as Series A, particularly when the technology holds significant strategic value. While specific figures can vary based on the strategic importance and stage of the company, initial investments generally range from a few million dollars up to tens of millions. For instance, typical first checks are often in the range of $2 million to $25 million. Beyond capital, portfolio companies benefit from access to General Motors' extensive resources, including engineering expertise, manufacturing capabilities, global supply chains, and market insights, which can be crucial for scaling and commercialization.

The value proposition of GM Ventures extends beyond financial investment, offering strategic partnerships that can significantly accelerate the growth of its portfolio companies. This collaborative approach allows startups to leverage GM's vast ecosystem, providing a unique advantage in a competitive market. Through its targeted investments and strategic support, GM Ventures plays a vital role in positioning General Motors at the forefront of innovation in the rapidly transforming automotive and mobility sectors.

Investor Profile

General Motors Ventures has backed more than 101 startups, with 3 new investments in the last 12 months alone. The firm has led 28 rounds, about 28% of its total and boasts 16 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada, United Kingdom.
  • Strong thematic focus on Automotive, Manufacturing, Energy.
  • Led 3 rounds in the past year.
  • Typical check size: $2M – $25M.

Stage Focus

  • Series Unknown (40%)
  • Series A (16%)
  • Series B (16%)
  • Series C (15%)
  • Series D (5%)
  • Series E (2%)
  • Convertible Note (1%)
  • Pre Seed (1%)
  • Debt Financing (1%)
  • Post Ipo Equity (1%)

Country Focus

  • United States (80%)
  • Canada (6%)
  • United Kingdom (5%)
  • Israel (3%)
  • Germany (2%)
  • Belgium (2%)
  • China (1%)
  • Norway (1%)

Industry Focus

  • Automotive
  • Manufacturing
  • Energy
  • Software
  • Nanotechnology
  • Advanced Materials
  • Battery
  • Energy Storage
  • Renewable Energy
  • Information Technology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does General Motors Ventures frequently co-invest with?

Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 4
88 Green Ventures
Oceania, Victoria, Australia, Melbourne
Co-Investments: 4
Mitsui Global Investment
North America, California, United States, Menlo Park
Co-Investments: 5
Tao Capital Partners
North America, California, United States, San Francisco
Co-Investments: 6
Upstate Carolina Angel Network
North America, South Carolina, United States, Greenville
Co-Investments: 4
EnerTech Capital
North America, Pennsylvania, United States, Ambler
Co-Investments: 5
ExxonMobil
North America, Texas, United States, Irving
Co-Investments: 3
True Ventures
North America, California, United States, Palo Alto
Co-Investments: 4
Maniv Mobility
Asia, Tel Aviv, Israel, Tel Aviv
Co-Investments: 5
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 7

Which angels does General Motors Ventures often collaborate with?

AL
North America, Arizona, United States, Phoenix
Shared Deals: 1
SN
North America, Florida, United States, Miami
Shared Deals: 1
JG
North America, Michigan, United States, Ypsilanti
Shared Deals: 1
David Stern
North America, California, United States
Shared Deals: 1

What are some of recent deals done by General Motors Ventures?

Nanoramic Laboratories

Woburn, Massachusetts, United States

Nanoramic Laboratories is a materials solutions innovator and energy storage technology company.

Advanced MaterialsEnergyEnergy StorageHardwareManufacturingNanotechnology
Series UnknownDec 12, 2024
Amount Raised: $44,000,000
Forge Nano

Louisville, Colorado, United States

Forge Nano is a materials science company that uses proprietary nano-coating tech, Atomic Armor, to transform material engineering.

AutomotiveConsumer ElectronicsInformation TechnologyNanotechnology
Series UnknownOct 16, 2024
Amount Raised: $10,000,000
Addionics

London, England, United Kingdom

Addionics manufactures 3D Current Collectors to enhance battery performance and production efficiency.

3D TechnologyBatteryManufacturing
Series BJul 25, 2024
Amount Raised: $39,000,000
Yoshi

Nashville, Tennessee, United States

Yoshi fills a vehicle’s tank wherever a driver wanted instead of the owner having to stop at a gas station.

AutomotiveFuelLocation Based ServicesOil and Gas
Series CApr 10, 2024
Amount Raised: $26,000,000
Neural Propulsion Systems

Pleasanton, California, United States

Neural Propulsion Systems is an Artificial Intelligence (AI) company.

Artificial Intelligence (AI)Information TechnologyMachine LearningSoftware
Series BMar 7, 2024
Amount Raised: $17,500,000
GeoPura

Wysall, Nottinghamshire, United Kingdom

GeoPura is enabling the production, transport, and use of zero-emissions fuels with innovative and commercially viable technology.

Clean EnergyEnergyEnergy Efficiency
Series UnknownFeb 22, 2024
Amount Raised: $70,909,144
Silverfort

Tel Aviv, Tel Aviv, Israel

Silverfort is a unified identity protection company that offers MFA, service account protection, and identity threat detection.

Cyber SecurityEnterprise SoftwareIdentity ManagementNetwork Security
Series DJan 23, 2024
Amount Raised: $116,000,000
Niron Magnetics

Minneapolis, Minnesota, United States

Niron develops a manufacturing process designed for the large-scale production of permanent magnets.

AutomotiveEnergyInformation TechnologyManufacturing
Series UnknownNov 8, 2023
Amount Raised: $33,000,000
Seurat Technologies

Wilmington, Massachusetts, United States

Seurat Technologies is a metal manufacturing focusing on a greener production.

3D PrintingLaserManufacturingRobotics
Series COct 30, 2023
Amount Raised: $99,000,000
UVeye

Teaneck, New Jersey, United States

UVeye develops automated inspection systems for vehicles using AI and proprietary hardware.

Artificial Intelligence (AI)AutomotiveIndustrial AutomationMachine LearningSecurity
Series DMay 9, 2023
Amount Raised: $100,000,000