Hello followers! Today, let’s explore how Bosch Ventures is ramping up its investments in North America with a shiny new $270 million fund.

Since 2007, Bosch Ventures has been backing deep-tech startups, and now it’s focusing more on North America. The sixth fund aims to inject more capital into innovative companies across the continent.

Despite some political noise like trade tensions and market worries, Bosch sees a thriving deal flow in North America. Ingo Ramesohl, the firm’s managing director, highlighted the positive energy and continuous innovation happening in the region.

With offices spanning Silicon Valley, Boston, Germany, Tel Aviv, and China, Bosch typically invests between $5 million and $10 million per startup. The plan is to fund 20 to 25 companies, many in automotive tech, climate solutions, cybersecurity, semiconductors, energy, and enterprise software. AI applications, especially in manufacturing, are also on the radar.

Ramesohl emphasized that generative AI and its applications in physical industries are promising, though the firm isn’t solely focusing on AI. Bosch’s commitment to AI is longstanding, with all products now developed using artificial intelligence, a milestone achieved at the end of 2023.

This new fund exemplifies Bosch Ventures’ continued success and strategic growth, reflecting an optimistic outlook toward North American innovation despite external challenges.