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new venture firmTechCrunch
•Technology
Technology
76% Informative
Leitmotif has been on a quiet blitz for the last 16 months , funding around 20 startups focused on decarbonization.
The German automotive giant has committed $300 million to the firm's first fund and is its sole limited partner.
The firm has publicly backed 13 startups to date, though there are more in its portfolio that have not been announced.
Both Wiese and Trevithick are veterans of Volkswagen Group and Venrock Partners .
They say they have a "deep network" into the venture community in Europe and the U.S. Both worked at Volkswagen Group , where they ran mergers, acquisitions, and investments for the German automaker.
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