The Startup Program powered by Magna
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About Leading Mobility
Innovation in sectors like e-mobility, autonomous driving, sensor technology and additive manufacturing is one of Magna’s key objectives. For the automotive supplier, the collaboration with disruptive startups is the cornerstone of shaping the future of the industry.
Leading Mobility is designed to connect with European innovators and keep all doors open for communication. Once you get in touch, Magna will identify synergies to get started. If you're working on an innovative technology, product, or service - we want to hear from you!
The Startup Program covers mobility as a whole, and specifically 4 key objectives:
Electromobility will be an essential component of future mobility. Vehicles become more than just the vehicle - driving as efficiently and economically as possible.
This objective refers to technologies which enable self-driving vehicles, including sensors, processors or other. Some functions include Adaptive Cruise Control & Advanced Parking Assistance.
Increased demand for connectivity and reliability calls for increased effort in the areas of urbanization, safety, and cybersecurity.
This is a great opportunity for technologies and services which offer improved quality, timing or cost of the mobility experience.
Magna will typically partner for development of proof of concept if a solution qualifies. This includes the ability to commercialize and get to the market.
As one of the top 3 tier 1 automotive suppliers globally, Magna has the infrastructure in place to support product development in multiple fields and technologies.
Magna is actively responding to the accelerating global need for innovation. Innovation can be product, process, materials, or data related.
TerraLoupe focuses on the development of plane- / drone-based HD maps. The aerial images are analyzed by proprietary machine learning algorithms, and provide object recognition to locate relevant information.
HOMYHUB lets customers control, monitor, and manage access to their garage anywhere at any time. The solution uses Military Grade Encryption to keep garages secure. Owners can also invite a guest to use their garage.
Powerplace collects public data with exact geo-hash and timestamp. Employing this technology allows for the prediction of when the next passenger will call a taxi and in which regions the probability is highest for pedestrians.
Drover offers a flexible car subscription service. The startup grants individuals the possibility to choose from a variety of Uber-approved cars at a one-week minimum rental term.
See our responses to some of the most common questions or check out the complete list of Terms & Conditions.
Who can reach out to Leading Mobility?
All startups and research teams with an innovative solution or technology are welcome to get in touch.
Entrants must own, at the time of participation and throughout the program, the rights to deploy any idea, solution, technology, product and/or service which they put forward in connection with their entry into the program.
What if my startup is not in the mobility industry?
No problem! Any startup with an innovative technology or solution which can be applied in the mobility industry is welcome to reach out.
Is there a deadline?
No. You are welcome to get in touch from now on. Leading Mobility is a continuous effort aimed at shaping the future of the transportation industry.
Based on what criteria does Magna decide to go further with my startup?
The following criteria will be considered:
- Uniqueness and creativity: the level of innovation in the proposed technology, product or service and whether it represents a significant step forward in technology
- Technology readiness level
- Business model: the capability of the entrant to support the development of the proposed technology, product or service
How do you deal with Intellectual Property?
From Section 6 of the Rules:
a) Confidentiality is not guaranteed in any way. If an entrant wishes to keep elements of their concept or idea confidential, the candidate organisation should not include that information in their application.
b) Non-Disclosure Agreements (NDAs) between an entrant and Magna, StartUs and/or the judges will not be allowed.
c) Nothing in these terms and conditions will affect Magna or any entrant's ownership of any intellectual property rights. Entrants are required to grant Magna and StartUs only such rights as are required to evaluate and judge their application as part of the competition and to permit Magna to provide and engage in the mentorship program awarded to the winners.
For more information, please check the Terms and Conditions here: http://bit.ly/2zrv6u3