BREMBO ALSO ANNOUNCES THE ACQUISITION OF 6.8% OF PHOTONPATH, WHICH WILL CREATE NEW SOLUTIONS FOR THE DIGITIZATION OF BRAKING SYSTEMS
Brembo, the world leader in the development and production of braking systems, launches Brembo Ventures. This venture capital unit aims to accelerate the development of innovative solutions for the mobility of tomorrow.
Brembo Ventures will strategically invest globally in the best technology startups capable of creating value, both in terms of product and production process. It will focus on startups active in artificial intelligence, big data, sensors, mechatronics, energy efficiency and sustainability, with the aim of finding solutions applicable to the automotive sector.
Brembo Ventures will also coordinate relations with startups in which Brembo is a shareholder. This will help create an ecosystem capable of supporting their technical evolution and monitoring their financial performance, as well as managing investments in venture capital funds and partnerships with technology incubators. “Brembo Ventures is the tool to attract and empower innovators; those who explore technological frontiers,” said Roberto Grazioli, Brembo Business Development Director. “Our strategy is to invest in startups with whom we can work side by side to accelerate the development of new solutions. With Brembo Ventures, we are even more structured to seize market opportunities that can contribute to our goal of redefining the future of braking systems and mobility for the benefit of our customers.
Brembo Ventures’ most recent transaction is the acquisition, as lead investor, of 6.8% of the capital of PhotonPath, a deep technology company founded in 2019 as a spin-off from Politecnico di Milano which develops integrated products based on photonics. With PhotonPath, Brembo will be able to accelerate the development of new solutions for the digitization of braking systems, a path already taken with the launch of the new SENSIFY intelligent braking system.
The investment in PhotonPath complements Brembo’s 2020 investment in Infibra Technologies, a company founded in 2014 as a spin-off from the Sant’Anna School of Advanced Studies in Pisa. Infibra Technologies develops and produces integrated photonic systems. Brembo holds a 20% stake in the company, which is now also part of the Brembo Ventures portfolio