Last updated 2026-06-18
Portfolio
2
in our dataset
Rounds participated
2
Rounds led
0
Rounds' value
$257.0M
total disclosed, rounds participated
Stages
—
About
Magna Technology Investments is a Corporate venture arm of Magna International based in Novi, Michigan.
Portfolio · 2
Investment activity
1 portfolio exit on record.
Portfolio by sector
Energy Tech1
Automotive & Mobility Technologies1
Q&A
- What is Magna Technology Investments' primary focus as an investor?
- Magna Technology Investments is the corporate venture arm of Magna International, based in Novi, Michigan.
- Which sectors does Magna Technology Investments primarily focus on?
- Magna Technology Investments has invested in companies within the Energy Tech and Automotive & Mobility Technologies sectors.
- Can you name a notable exit for Magna Technology Investments?
- Magna Technology Investments had an exit in April 2021 with Innoviz Technologies, which went public via a SPAC event with Collective Growth Corporation at a valuation of $1.4 billion.
- Which portfolio companies are most notable for Magna Technology Investments?
- Magna Technology Investments' portfolio includes Innoviz Technologies, which develops high-performance solid-state LiDAR, and Addionics, focused on high-performance rechargeable batteries.
- What was Magna Technology Investments' most recent investment activity?
- Magna Technology Investments made an investment in January 2022, which was an A Round.
- What was Magna Technology Investments' investment activity in 2021?
- In April 2021, Magna Technology Investments made an investment in a PIPE round, and also saw an exit with Innoviz Technologies.