Bosch Ventures is turning its attention to North America with new $270M fund

Bosch Ventures, the venture arm of Bosch, has announced a new $270 million fund dedicated to investing in deep-tech startups, with a focus on North American startups. This marks the sixth fund for Bosch Ventures, which was launched in 2007 and has a global presence.

Despite challenges such as the U.S. trade war with China and market volatility, Bosch Ventures sees strong deal flow in North America. Managing director Ingo Ramesohl expressed optimism about the innovation and disruption happening in the region, making it an ideal time for new investments.

The firm, with offices in various tech hubs worldwide, typically invests between $5 million and $10 million per startup. Ramesohl mentioned that the new fund is a continuation of past successes and highlighted sectors like automotive, climate tech, cybersecurity, and generative AI as areas of interest.

While Bosch Ventures is not solely focused on generative AI, the company has been heavily involved in AI since the establishment of the Bosch Center for Artificial Intelligence in 2017. Ramesohl noted that AI now plays a crucial role in all Bosch products, with a significant impact on operations and innovation.