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Renault-Nissan Stirs the Startup Tech Pot with $1 Billion to Bid

Automakers have tasted tech and they are ready for their next course. The Renault-Nissan-Mitsubishi Alliance recently announced a new venture capital fund, named Alliance Ventures, that will be dedicated to startup technology investment. The automakers hope to accelerate development of technologies they currently do not have, including cutting-edge batteries and autonomous cars. The company will commit $200 million annually over five years with teams in Silicon Valley, Paris, Japan, and China to sniff out the latest promising ventures. So, what’s cooking, good looking tech startups?

To read the story from MarketWatch, click here.