A new early-stage venture capital firm in Atlanta raised its first fund, focused on automotive technology.
Automotive Ventures, led by CEO Steve Greenfield, closed a $7 million fund to support auto tech innovation around the world. The fund has 70 investors and seven companies in its portfolio.
“Automotive and mobility have so many uncertainties right now,” Greenfield said. “We’re going to see more change in the next 10 years than we saw in the last 100.”
It’s the latest announcement…