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The Venture Codex

Daimler

Mercedesstraße 120, Stuttgart, Baden-Württemberg, 70372, Germany

Overview

The Mercedes-Benz Group AG (formerly Daimler AG) is one of the world's most successful automotive companies. Mercedes-Benz AG is one of the leading global suppliers of high-end passenger cars and premium vans. Mercedes-Benz Mobility AG offers financing, leasing, car subscription and car rental, fleet management, digital services for charging and payment, insurance brokerage, as well as innovative mobility services.

Total investments
28
Lead investments
10
Investments · 12mo
2
Active investors
8

Sector focus

  • Automotive
  • Autonomous Vehicles
  • Finance
  • Manufacturing
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Investment portfolio

  • Wayve

    Participated · Series D · Feb 2026

    Wayve builds an end-to-end neural network-based self-driving system that uses raw data from whatever sensors are on a vehicle rather than relying on specific sensors, chips, or high-definition maps. Its software underpins two commercial products: an "eyes on" assisted-driving system requiring driver attention, and an "eyes off" fully automated-driving system intended for robotaxis and some consumer scenarios. The company sells directly to automakers and has landed customers including Nissan, Mercedes-Benz, and Stellantis, with Nissan planning integration into ADAS from 2027. Wayve’s software is designed to run on a variety of automotive compute platforms, a capability it is expanding through strategic investments from chipmakers. Financially, Wayve recently closed a $1.2 billion Series D and announced a $60 million extension from semiconductor partners, with an additional $300 million milestone-based commitment from Uber. The company is using new funds to support integration across compute platforms and continued production deployment of the Wayve AI Driver.

  • Apptronik

    Participated · Series A · Feb 2026

    Apptronik develops the Apollo humanoid robot and emphasizes human-centered design for collaboration in industries like manufacturing and logistics. The company emerged from the Human Centered Robotics Lab at the University of Texas at Austin and cites nearly a decade of development experience built on about 15 prior robots, including work tied to NASA’s Valkyrie. Apptronik has roughly 350 employees working on advancing its Apollo platform. Management positions the robot to address labor-intensive tasks and reduce repetitive-motion injuries while improving productivity and safety. The company says Apollo could expand into healthcare, the home, and other markets beyond its initial industrial focus. Recent secondary share activity—an approximately $4.2 million transaction—provided liquidity for existing shareholders and is portrayed as helping bridge development toward mass production.

  • Blaize

    Participated · Equity · Apr 2024

    Blaize provides a purpose‑built, full‑stack programmable processor architecture and a low‑code/no‑code software platform (Blaize AI Studio and Blaize Picasso SDK) for edge and data‑center AI. Its solutions target automotive, mobility, retail, security, industrial automation, healthcare and other markets, emphasizing low power consumption, minimal latency and high efficiency. The company’s architecture and software aim to enable rapid development and deployment of applications with a highly optimized total cost of ownership. Blaize says current and next‑generation offerings will support computer vision, transformers and multimodal generative AI, and are designed to scale from the edge to the data center. The company has a comprehensive partner ecosystem and more than 200 employees across offices in El Dorado Hills (CA), San Jose (CA), Cary (NC), Hyderabad (India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE). Blaize previously raised $224 million from strategic and financial investors and recently completed a $106 million financing to strengthen its balance sheet and accelerate its roadmap. In December 2023 Blaize announced its intention to go public via a business combination with Nasdaq‑listed BurTech Acquisition Corp. Blaize develops AI System-on-Chips (SoCs) and the Blaize AI Studio end-to-end application lifecycle software platform for edge and automotive computing. Its GSP architecture underpins first-generation edge hardware released in 2020 and a multi-year pipeline of products. The company targets automotive (in-cabin, out-of-vehicle, and autonomous functions), smart retail, smart city/metro and industrial markets. Blaize emphasizes power-efficient performance advantages for electric vehicles and centralized automotive compute, positioning its SoCs to improve efficiency and lower cost. The company will use the $71M Series D to accelerate its product roadmap and develop next-generation hardware and software to meet demand for higher performance, lower power and lower cost AI solutions. Prior to the Series D Blaize had raised US$87M from strategic and venture backers and employs 300+ people with headquarters in El Dorado Hills, California and teams/subsidiaries in Campbell and Cary (US), Hyderabad, Manila and the UK. ThinCI is an Artificial Intelligence computing architecture startup developing computing platforms for the expanding AI/machine learning market. Its core product is the Graph Streaming Processor (GSP) and a Software Development Kit (SDK), a general purpose fully programmable computing architecture. The GSP and SDK are designed to accelerate and optimize machine learning, deep learning, neural networks and computer vision workloads. ThinCI targets deployment across data center servers, edge infrastructure platforms and client platforms, from massive machine learning farms to sensor fusion and advanced neural networks for autonomous driving. The company said it will use proceeds from the Series C to continue to expand operations. ThinCI is led by CEO Dinakar Munagala and has teams in California, Hyderabad, India and the UK. Thinci develops machine-learning technology, including silicon and software, to enable embedded deep learning and vision processing in electronic systems. Led by CEO Dinakar Munagala, the company targets automotive applications such as advanced driver assistance systems and autonomous driving. Its technology can also be integrated into personal electronics and smart home automation systems. Thinci's product focus is on embedding vision processing into vehicle electronics to improve thermal system efficiency and optimize powertrain productivity. The article does not disclose revenue, user metrics, or the financial terms of the investment.

  • The Mobility House

    Participated · Series C · Nov 2022

    The Mobility House develops ChargePilot, an intelligent charging and energy management system, and an EV aggregation and flexibility trading platform that turns vehicle batteries into grid-connected buffer storage. The company emphasizes a vendor-neutral, interoperable approach and reports more than 800 commercial installations and over 1,000 installation partners. Its ecosystem includes 80+ energy suppliers and automotive partners from Audi to Tesla, and it now trades on the European Power Exchange (EPEX SPOT SE). The Mobility House has more than 250 employees across Munich, Zurich and Belmont, Calif. The company plans to expand its smart charging and V2G integration across Europe, North America and Asia to support the energy transition. The Mobility House develops ChargePilot, a smart charging and energy management system for electric vehicles. The company will invest the new financing in R&D for ChargePilot to enable cost-effective integration of EVs into wider energy infrastructure. ChargePilot uses bidirectional vehicle-to-grid (V2G) charging so parked vehicles can store energy and help stabilise the grid. The system is non-proprietary and based on open standards to ensure maximum scalability and adoption by other tech companies. CEO Thomas Raffeiner says the technology supports a zero-emission vision and can help reach climate targets. The company has received a €15 million loan from the European Investment Bank to support these efforts. The Mobility House provides a technology platform that integrates vehicle batteries into power grids using intelligent charging, energy and storage solutions. Founded in 2009 by Thomas Raffeiner, the company aims to create a zero-emission energy and mobility future. It operates globally from Munich, Zurich and Sunnyvale and serves automotive manufacturers, fleet operators, installation companies, energy suppliers and electric car drivers in over 10 countries. The company has collaborated with Alliance member companies and automakers; for example, the Nissan LEAF was the first electric car used in a Vehicle-to-Grid (V2G) project in Hagen, Germany. Cooperating with Groupe Renault, The Mobility House will market large stationary energy storage systems made with electric vehicle batteries in Europe and contribute to making the Portuguese island of Porto Santo a "smart island". The Mobility House recently received an investment from Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi; financial terms were not disclosed.

  • Platform Science

    Participated · Series C · Feb 2022

    Platform Science offers the Virtual Vehicle, an application platform that runs natively on commercial vehicles to unlock onboard signals without aftermarket hardware. The platform is deployed by large fleets and integrates telematics providers, third-party developers, OEMs, shippers, and fleets. Platform Science says Virtual Vehicle was developed in collaboration with Daimler Truck North America, Navistar, PACCAR, and other OEMs to provide a flexible, open software platform. The company reports the platform has generated over a trillion data points across 6 billion miles logged and results in 15 billion API calls annually. Platform Science plans to use the new capital to accelerate innovation and expand its application ecosystem for drivers and fleets. The company is based in San Diego. Platform Science builds a unified, user-friendly technology platform for enterprise fleets to develop, deploy and manage mobile devices and applications on commercial vehicles. Its Virtual Vehicle technology creates a standardized telematics operating system and application store for trucks. The company’s platform gives fleets access to software solutions, real-time vehicle data and third-party applications directly from vehicles. Platform Science says the integrated environment simplifies vehicle IT by reducing the number of telecommunications devices required on vehicles. Factory installation of the integrated solution is intended to eliminate aftermarket installs and increase customers’ productivity and uptime. Platform Science is collaborating with PACCAR to integrate Virtual Vehicle with PACCAR Connect and bring these capabilities to commercial trucks. Platform Science, led by co-founder and CEO Jack Kennedy, provides a transportation technology platform for enterprises and fleets to develop, deploy, and manage mobile devices and applications on commercial vehicles. The company recently launched Virtual Vehicle in collaboration with Daimler Truck North America, an open OEM platform that gives fleets access to telematics, software solutions, real-time vehicle data, and third-party applications directly from vehicles. Platform Science works with carriers including Schneider National, Werner Enterprises, and U.S. Xpress, and partners with technology providers such as Drivewyze, Samsung, and Great Dane. The firm intends to use the new funding to expand the reach of its transportation solutions and simplify how fleets develop, deploy, and manage mobile devices and applications. Financially, Platform Science completed a $115M Series C round to support that expansion. The company is based in San Diego, CA.

Team

  • Rainer Müller-Finkeldei

    Director Center-of-Competence Mechatronics

    LinkedIn
  • Jon Bueno Mendieta

    Coordinador de sistemas de gestión de producción y líder grupo ciberseguridad industrial (ISA-A)

    LinkedIn
  • Sophie Seiwald

    Director IT People & Products

    LinkedIn
  • Frank Weber

    Director of the Press Shop

    LinkedIn