UL Ventures

UL Ventures is the venture capital arm of UL Solutions, investing in digital companies that drive innovation in sustainable healthcare, energy, supply chains, and mobility.

Venture Capital Active Northbrook, United States Est. 2017
Last updated 2026-07-20
Portfolio
1
in our dataset
Rounds participated
1
Rounds led
0
Rounds' value
$11.0M
total disclosed, rounds participated
Stages
—

About

UL Ventures is the corporate venture capital arm of UL Solutions, a global safety science company. The firm invests in digital companies that are innovating in areas relevant to sustainable healthcare, energy, supply chains, and mobility. UL Ventures seeks out entrepreneurs who are passionate about solving problems and focuses on new technologies and markets. The fund typically invests in 2-6 deals annually, with individual investments ranging from $10 million to $50 million.

Portfolio · 1

Brodmann17
Deep-learning Engine for Visual Recognition
1 round $11.0M committed Latest: 2019-03

Investment activity

Portfolio by sector

Automotive & Mobility Technologies2

Q&A

What is UL Ventures' primary investment focus?
UL Ventures primarily focuses on the Automotive & Mobility Technologies sector, with two portfolio companies in this area.
Can you name some of UL Ventures' portfolio companies?
UL Ventures' portfolio includes Aurora Labs, which develops AI-based vehicle software intelligence, and Brodmann17, a deep-learning engine for visual recognition.
What is the typical investment range for UL Ventures?
UL Ventures typically invests between $11M and $23M.
When did UL Ventures make its most recent known investment?
UL Ventures made its most recent known investment in September 2020.
What was UL Ventures' earliest recorded investment?
UL Ventures' earliest recorded investment was in March 2019.
In which funding stages does UL Ventures typically participate?
UL Ventures has participated in both Series A and Series B funding rounds.
What is Aurora Labs' business model and total funding?
Aurora Labs, a UL Ventures portfolio company, operates on a B2B model and has raised $97.5M through its Series C funding stage.
What is Brodmann17's business model and total funding?
Brodmann17, a UL Ventures portfolio company, operates on a B2B model and has raised $19.39M through its Series A funding stage.
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

Identifiers & details

Founded2017