Magna Technology Investments

Overview

Magna Technology Investments is a corporate venture capital firm embedded within Magna International, focusing on investing in automotive and mobility startups to advance Magna's global strategy. The team embodies the entrepreneurial spirit that has been at the core of Magna International since its founding 65 years ago. With operations in 28 countries and 337 manufacturing centers worldwide, Magna is uniquely suited to help build technology at scale. The firm's areas of interest include advanced manufacturing, materials, mobility, electrification, and ADAS/AV. They seek opportunities to invest and partner with startups developing new technologies or business model innovations involving vehicles, manufacturing, transportation, mobility, infrastructure, or related topics. Their investment stages range from seed to late stage, and they are geographically focused on regions including the United States, Canada, Germany, Austria, China, India, South Korea, Mexico, France, Italy, Slovakia, Japan, South Africa, Brazil, Russia, Turkey, United Kingdom, Spain, Australia, and Poland. Magna Technology Investments is led by Managing Director Josh Berg, who emphasizes the firm's mission to find people and companies that want to do something enormous. The team is actively seeking innovative mobility solutions and promising new technologies in their core investment areas, aiming to collaborate with startups to unlock new business models and markets in the evolving mobility industry.

Investment Focus

• Innovative mobility solutions
• Promising new technologies in core investment areas