- Stellantis NV (NYSE:STLA) has launched its first venture capital fund, Stellantis Ventures.
- The fund will initially invest €300 million in startup companies focused on innovation in the automotive and mobility sector.
- Stellantis Ventures will act as a strategic investor and help startups integrate new technologies within the company in shortened timeframes.
- “We are moving fast in our transformation to a mobility tech company while reimagining the future of mobility for generations to come,” said chief technology officer Ned Curic.
- Price Action: STLA shares are trading higher by 5.93% at $16.41 on the last check Wednesday.
Gorilla Technology And Some Other Big Stocks Moving Higher On Wednesday
U.S. stocks traded lower, with the Dow Jones dropping around 40 points on Wednesday. Here are some big stocks recording gains in today’s session.
