STMicroelectronics has become an Anchor Partner of Startup Autobahn, which is powering innovation in the automotive sector by introducing selected dynamic new companies to established technology corporations.

Startup Autobahn is created and managed by Plug and Play, a Silicon Valley accelerator and investor that historically has introduced more than 35,000 startups to more than 400 corporations.

Anchor Partners in Startup Autobahn include major car brands and vendors of diverse automotive technologies. ST’s support, with its strategic emphasis on smart mobility, boosts opportunities for new companies with innovative ideas for electrification, e-mobility, and smart, connected driving to take part in the program.

“We’re extremely pleased to welcome STMicroelectronics to our platform as a new strategic partner,” Sascha Karimpour, managing director Plug and Play Germany, said. “This partnership fits perfectly into our existing ecosystem, covering the automotive value chain. The semiconductor industry is currently enabling powerful innovations in automotive technology and will play a major role as software and IT become increasingly important in the car of the future.”

“Joining Startup Autobahn extends our broad commitment to nurture the technologies that will define tomorrow, and in this case, the automotive world, by making transport safer, greener, and more connected,” added Alessandro Cremonesi, chief innovation officer for STMicroelectronics. “We are looking forward to discovering new product concepts and discussing ways to invest and make them happen.”