Renault and Nissan have announced the inauguration of a new facility for the joint innovation lab in Tel Aviv, Atidim Park. The lab is aimed at enabling the Alliance to accelerate a unique model of collaboration with Israeli startups and an exclusive partnership with the Israel Innovation Authority.
Known as the Alliance Innovation Lab Tel Aviv, the facility focuses on sensors for autonomous driving, cybersecurity, and big data. The Alliance is currently testing and working on over ten joint prototyping projects with Israeli startups at different stages, among them are: Apollo Power, Argus, AutoTalks, BrightWay Vision, Electreon, Enigmatos, IRP systems, Karamba, Moodify, Saferide and Upstream.
The lab’s location in Atidim Park enables it to carry out Proof of Concepts (POCs) in ideal conditions and co-develop prototypes in Tel Aviv’s smart city experiment zone.
The lab also works in close cooperation with Alliance Ventures, the Alliance corporate venture capital fund that plans to invest up to USD 1 billion over five years in startups, early-stage technology companies and entrepreneurial talents and has already invested in Maniv Mobility fund in Israel.
An additional partnership for the Alliance lab in Israel is CityZone, an innovation ecosystem for smart city ventures, at Atidim Park, under real-city conditions.
Source: Press Release