U.S. engineered electrical and electronic components manufacturer Stoneridge Inc. has committed $10 million in a fund managed by transportation technology venture capital firm Autotech Ventures.
The commitment is predicted to provide Stoneridge with increased visibility to early-stage companies.
The infusion will be granted over the expected 10-year life of the fund.
Autotech Ventures has raised a total of $130 million across 2 funds.