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The Venture Codex

Faurecia

449A1, Faurecia Emissions control technologies India Pvt Ltd, SH57, sriperumbudur singaperumal kovil road, Wheels India, Sriperumbudur taluk, Pondur, Kancheepuram, Tamil Nadu, 602105, India

Overview

Faurecia Clean Mobility (FECT India Pvt. Ltd.) is the provider of Automotive Emissions Control Solutions in the country which include Exhaust Muffler Assemblies, Catalytic Converters, Instrument Panel Reinforcement Assemblies (IPRT).

Total investments
6
Lead investments
1
Investments · 12mo
0
Active investors
0

Sector focus

  • Automotive
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Investment portfolio

  • Outsight

    Participated · Equity · Oct 2022

    Outsight builds real-time 3D LiDAR perception software that ingests data from any LiDAR vendor to enable situational awareness for Smart Cities, Aviation, Robotics, Industry and Logistics. Its core product addresses vendor heterogeneity and massive raw-data challenges by providing Edge processing and a new Cloud-based pipeline capable of handling tens of petabytes for dynamic scenes. Outsight’s solutions have been deployed across Europe, the United States, Asia and the Middle East and include the largest airport LiDAR deployment tested at Paris-Charles de Gaulle (Groupe ADP). The company emphasizes plug-and-play integration so application developers and integrators can harness LiDAR without deep 3D expertise. Outsight plans to push an ambitious product roadmap — notably Edge and Cloud processing, Digital Twin use cases, and automatic 3D data annotation. The company announced a $22 million fundraising to support expansion and accelerate its product and go-to-market plans. Outsight builds a 3D Semantic Camera — an all-in-one 3D sensing device that both perceives and understands the environment and can identify object material composition. The company offers two product families: a 3D Smart Monitoring solution for wide-area premises (airports, malls, venues) and a vehicle-specific version for cars and off-road mobile robots. The sensor is designed for mass production and was launched in September at AutoSens. Outsight positions the technology to improve safety and reliability for manned machines (Level 1–3 ADAS) and to enable fully automated machines including Level 4–5 self-driving cars, robots, drones, and autonomous flying taxis. Founded in 2019, the team is based in Paris with offices in Helsinki and San Francisco. Financially, Outsight completed a $20 million seed round in 2019, one of the largest European seed rounds that year.

  • Aptoide

    Participated · Series B · Oct 2022

    Aptoide is a Lisbon-based provider of an alternative Android app store led by CEO Paulo Trezentos. Its social Android app store offers recommendations and lets users create and share personal app stores, and it provides customizable app store solutions for developers, OEMs, telcos and integrators. The App Store is available for mobile, TV and VR devices and is accessible in over 40 languages. Aptoide operates GamesHub—a game app store developed with Digital Turbine—and Catappult, an alternative mobile gaming distribution and monetization platform that connects developers to more than 20 alternative app stores and reports hundreds of millions of users. The company aims to expand GamesHub's presence in the US, targeting availability on 80–100 million devices by the end of 2023 and leveraging carrier partnerships including AT&T, Verizon, USCellular, Tracfone, Cricket and BLU US. The €8.5M investment from Digital Turbine will fund development and promotion of GamesHub and Catappult and enable Aptoide to repurchase stock from current shareholders. Aptoide is an independent Android app store that provides an alternative way to discover apps and games with no geo-restrictions. The platform hosts more than one million apps, reports over 250 million users and 10 billion downloads. Aptoide serves end users and also enables OEMs and telecoms to operate their own app stores via API or co-brand solutions. Its Catappult technology streamlines creation of app versions compatible with Aptoide and more than 20 partner app stores to support scalable distribution. The company emphasizes security, citing one of the best malware detection systems in the market. In October 2022 Aptoide closed a $12M Series B led by Digital Turbine, which will work with Aptoide to build new distribution products for operators, OEMs and app developers. Aptoide operates a community-driven Android app store with social discovery, tailored recommendations and the ability for users to create and share personal app stores. The platform hosts about 1 million apps and has driven over 4 billion downloads across roughly 200 million users. In 2017 the company launched AppCoins, a digital currency intended for peer payments and in-app purchases and to reward users for engaging with advertising. Aptoide says the token aims to create a decentralized alternative to the existing app-economy model, offering direct money transfers and a reduced 15% margin for developers. The company was founded in 2011 and is headquartered in Lisbon, with additional offices in Shenzhen and Singapore. Management has stated a goal of growing to a 5% market share by delivering better service and value for app developers. Aptoide operates a third‑party Android app store (and an Android TV store) targeting users in emerging markets. Founded in Portugal in 2011 and headquartered in Lisbon, it also has offices in Singapore and Shenzhen to focus on Southeast Asia and handset partnerships. The platform hosts roughly 500,000 apps and recently launched a 'lite' version for users with unreliable connections and low‑storage devices. Aptoide reported 100 million people downloaded at least one app from its store in 2015, with active users downloading six to eight apps per month; the company says it has grown 100% year‑on‑year for the past three years and 200% in Southeast Asia last year. It monetizes via an SDK that enables in‑app purchases but relies primarily on advertising. The company plans to use new funding to expand in Southeast Asia and Latin America, grow its userbase and app count, and land more strategic partners; it already has agreements with about 60 carriers and OEMs, including Nokia and Jolla.

  • Recogni

    Participated · Series A · Jul 2019

    Recogni develops Generative AI inference hardware and systems, centering on a patented AI inference accelerator built on Pareto math to optimize energy efficiency and model accuracy. The company targets hyperscalers, cloud service providers and enterprises that need cost-effective, scalable inference across cloud and data-center environments. Recogni announced a $102 million Series C and a strategic collaboration with Juniper Networks to advance AI inference compute. The collaboration aims to enable the largest models to run with improved speed, accuracy and lower total cost of ownership. Recogni says the work will drive power-efficient, scalable solutions integrated with networking fabric. The company is headquartered in San Jose, California, with a presence in North America and Europe. Recogni develops an AI-powered vision cognition module (VCM) for autonomous vehicles that combines artificial intelligence, application-specific integrated circuits (ASICs), and system software. The VCM is designed to deliver high-resolution, high-frame-rate image processing from multiple cameras concurrently in real time at ultra-low power consumption. The company says this architecture addresses key challenges in autonomous vehicle design and deployment. Recogni plans to use recent funding to bring its perception platform to market and to expand its engineering and go-to-market teams. The company is led by CEO R K Anand and operates out of San Jose, CA, with additional operations in Munich, Germany. Financially, Recogni recently completed a Series B financing to support commercialization efforts. Recogni builds a vision-oriented artificial intelligence platform and a Vision Cognition Processor aimed at solving endpoint inferencing for autonomous vehicles. The company focuses on delivering high-performance, low-power AI processing to enable real-time sensor fusion of visual and depth sensor data. Recogni positions its technology to help advance Level 2+ and the trajectory toward Level 3, 4, and 5 autonomy. It plans to use new funding to deliver a capable inferencing system, provide modules and software to automakers, and continue growing its engineering team. The founders have deep industry experience in system design, AI, vision, and custom silicon design. The company is headquartered in San Jose, Calif., and has operations in Munich, Germany.

  • GuardKnox

    Participated · Series A · Jun 2019

    GuardKnox develops a patented, end-to-end automotive cybersecurity platform that combines deterministic hardware and software components, including the Secure Network Orchestrator (SNO), secured domain controllers, and a service-oriented architecture. Its Communication Lockdown™ and zero-trust deterministic model routes and inspects messages, rejecting anything not explicitly designated as acceptable to provide real-time protection with zero false positives and no constant connectivity. The company adapted methodologies used to defend Israeli Air Force systems and fighter jets to vehicle security. GuardKnox was founded in 2016 in Ramla, Israel by Moshe Shlisel (CEO), Dionis Teshler (CTO) and Idan Nadav (VP R&D). Financially, it completed a $21 million Series A that brought total funding to $24 million. The company plans to use proceeds to expand its R&D team and open subsidiaries in strategic locations to support global expansion.

  • PowerSphyr, Inc.

    Led · Series A · Nov 2018

    PowerSphyr is a Danville, CA-based provider of wireless power charging solutions serving automotive, consumer and industrial markets. Its product portfolio supports magnetic induction, magnetic resonance and RF energy-harvesting technologies. Led by President and CEO Neil Ganz, the company develops systems for integration into OEM products, with a focus on automotive applications. In August 2018 PowerSphyr raised $4m in a Series A investment from Faurecia. The company said it will use the proceeds to accelerate delivery into the automotive OEM market. As part of the strategic relationship, Faurecia will begin delivering a full suite of PowerSphyr-enabled wireless power solutions starting in 2020.

Team

No current team members are available.