Loading organizations...
Key people at SAIC Capital.
SAIC Capital serves as the corporate venture capital arm of SAIC Motor, investing strategically in startups advancing its parent company's future mobility vision. It targets emerging technologies in alternative energy and green mobility solutions, utilizing direct and fund-of-funds strategies. The firm’s objective is to cultivate innovative solutions that will enhance SAIC Motor's strategic positioning within the evolving automotive industry.
Established in 2014, SAIC Capital was formed to position SAIC Motor as a key player in advanced technological solutions. Its founding insight involved leveraging external innovation through startup investments, complementing SAIC Motor's internal research and development. This enables the automotive giant to actively shape future transportation and energy advancements, fostering a broader ecosystem of innovation rather than solely relying on organic growth.
Innovative startups developing critical technologies for future mobility and sustainable energy comprise SAIC Capital's investment focus. The firm's long-term vision aligns with SAIC Motor's goals, fostering disruptive technologies for intelligent, connected, and environmentally friendly transportation. Through strategic investments, SAIC Capital seeks a leadership role in the evolving global automotive sector, ensuring its parent company remains at the forefront of industry transformation.
Key people at SAIC Capital.
SAIC Capital has 18 tracked investments across 16 companies. The latest tracked deal is $20.0M Series A in Ionomr Innovations Inc. in December 2023.