“So it's this idea of digital enterprise. How do we connect with our dealers? How do we figure out the future of manufacturing and automation? What does sort of design collaboration look like? All of those four pillars kind of work in concert with one another, and they're not always mutually exclusive, but very much connected and sort of support our overall investment approach."
-Ted Graham, Head of Open Innovation and Principal of GM Ventures.
In this podcast episode, we sit down with Ted Graham, Head of Open Innovation and Principal of GM Ventures, responsible for evaluating investments focused on the electrification ecosystem, connecting the customer, the autonomous experience, and the digital enterprise. GM Ventures focuses on critical technologies that can be implemented in GM’s vehicles, manufacturing facilities, and operating businesses. They have made 54 investments with 22 exits and 24 still active startups – those are stats any VC would drool over.
Ted Graham is a Principal and the Head of Open Innovation at GM Ventures. His work has encompassed partnering with startups, incubators/accelerators, VCs, and academia to accomplish GM’s vision of zero crashes, zero emissions, and zero congestion. He is also the author of The Uber Of Everything and a frequent speaker about disruptive innovation and the power of partnering between large and small companies.
We talk about open innovation, the power of collaboration between industry leaders and startups, and the path to electrification and autonomy.
VentureFuel builds and accelerates innovation programs for industry leaders by helping them unlock the power of External Innovation via startup collaborations.