Amazon’s Industrial Innovation Fund Expands Focus to Transportation Tech

Amazon’s industrial innovation fund is evolving to include transportation technologies in its investment categories.

The Amazon Industrial Innovation Fund, which launched in April 2022, is a $1 billion venture investment program supporting emerging technology companies. The fund focuses on supporting innovative startups in transportation, and will now include solutions such as autonomous vehicles and last-mile technologies.

The fund’s purpose is to support advances in warehouse automation and supply chain innovation, with a specific emphasis now on artificial intelligence and machine learning.

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