Meet the new VC firm secretly backed by Volkswagen

Quick Summary:

A new venture firm called Leitmotif has been on a quiet blitz for the last 16 months, funding around 20 startups broadly focused on decarbonization.

Its portfolio includes EV companies, space and battery plays, and four nuclear fusion startups.

During this stint at Volkswagen, Wiese developed what he called “quite a deep network into the venture community, both in Europe and in the U.S.” That included forging a relationship with battery maker QuantumScape, where Wiese was a board member until 2024.

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Article Details

Author / Journalist: Sean O'Kane

Category: Technology

Markets: United States

Topics: Venture Venture capital Startups Exclusive Volkswagen Transportation Leitmotif

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-11 @ 14:15:00 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1190 words

Reading Time: 7 minutes read

Sentences: 45 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 26893771

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