Vayyar won the 2023 Venture Capital Award from Stellantis

Mondo Technology Updated on 2024-01-31

Wanyun Vayyar was selected into the Stellantis 2023 list, standing out from 33 finalists and winning the "Venture Capital of the Year Award" in the technology field of Stellantis.

The Stellantis 2023 Venture Pitch Awards recognize the 11 top-performing startups and innovation partners.

Stellantis leverages a global ecosystem of startups to accelerate its journey to becoming a sustainable mobile technology company.

The Venture Capital Awards recognize six startup partners and five startups that have received Stellantis Venture Capital** investments.

Start-ups in"dare forward 2030"An important role was played in the program, which aims to provide customer-centric solutions for clean, safe, and affordable transportation.

Amsterdam, December 14, 2023 - To celebrate innovation and successful collaboration, Stellantis Nv.Today, the second annual Stellantis Venture Capital Awards were presented, honoring the 11 top-performing technology startups.

The Venture Awards highlight Stellantis' commitment to delivering customer-centric technologies and capabilities that power the "Dare Forward" goal of achieving the world's goal of clean, safe, and affordable transportation by 2030.

Ned Curic, Chief Engineering and Technology Officer at Stellantis, said: "Our focus is on creating products that our customers love and enjoy. Through the Stellantis Venture Awards, we recognize innovative start-ups with new, creative perspectives that help bring practical, cutting-edge functionality to life. ”

Stellantis works with startups in two ways:

as a partner: Stellantis fosters innovation by rapidly implementing innovative solutions for start-ups. In the past two years, Stellantis has signed more than 110 partnership contracts with start-ups.

As an investorStellantis Ventures** was founded with an initial investment of €300 million and focuses on early- and late-stage startups that are developing cutting-edge technologies that can be applied in the automotive and mobility sectors, and has invested in 12 companies to date.

Winners are selected based on their impact on the customer experience, the novelty of the technology, and their potential value at scale within Stellantis.

About Stellantis:

Stellantis Inc. ("Stellantis N.").v.The New York Stock Exchange Milan Electronics Market Euronext Paris: STLA) is a leading global car manufacturer and mobility solutions provider, with brands such as Abbas, Alpha Abbas, and Alpha Anderson. Romeo, Chrysler, Citroen, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, RAM, Vauxhall, Free2Move and Leasys. These legendary and iconic brands bring the passion of their visionary founders and the passion of today's customers to their product and service innovations. "We are driven by diversity and leading the way in global mobility", Stellantis Group aspires to be the greatest, not the largest, sustainable mobility technology company, while continuing to create value for its stakeholders and the societies in which it operates.

About Vayyar

VAYYAR is a pioneer in the technology of 4D RF imaging sensors, and its on-chip RF imaging sensing system can collect important life data under the premise of protecting privacy, providing solutions for smart home, elderly care, smart travel, smart retail, smart security and other fields.

Vayyar is committed to developing more advanced, smaller, more cost-effective and more versatile sensing technologies, focusing on everyone's life and helping to build a smarter, safer and more harmonious society.

Past Recommendations:

Fall Detection Customer Testimonials Wanyun Vayyar Fall Monitoring Helps the Elderly in Kalia Elderly Care Innovation CommunityWanyun Vayyar's Innovative Application of Non-contact Vital Signs Monitoring Solution in the Medical Care IndustryWanyun Vayyar's new version of the SDK was released, supporting a new point cloud data outputVAYYAR won the "Most Promising Enterprise" award in the 2022 EE Awards Asia.

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