NCET2 April 18-20, 2017 Washington, DC Faurecia Innovation & Ventures
Faurecia is a Global Leader in Automotive Equipment 34 489 countries patents filed in 2015 > 6,000 € 20.7 engineers and technicians billion of total sales* in R&D 103,000 30 employees R&D centers 330 610 sites programs in development * of which € 15.9 billion of product sales 2
Global Leader in 3 Major Business Areas #1 worldwide in mechanisms & seats structure #3 worldwide in complete seats #1 worldwide in emissions control technologies Light weighting and automotive composites #1 worldwide in vehicle interiors 3
Faurecia Supplies 1 in 3 Vehicles Worldwide Faurecia’s role as a Tier I supplier provides broader potential for commercialization than focusing on an any single car manufacturer 4
We are the Soft Landing Spot for integration of disruptive technologies into the global automotive industry.
Faurecia has a defined process for onboarding startups Trends Rapid Incuba3on Tech Scou3ng Venture Societal & Technology M0 Pre-M0 Pre-M0 FIS M0- M1 EU Pre-M0 Do we invest? BG Scou7ng Due FCM M0-M1 NA Technology Database Diligence Fields Pre-M0 Invest Asia FAS M0-M1 Pre-M0 6
Innovation Priorities Smart Life on Sustainable Autonomy Board Mobility Global Mega Trends Mobility Trends a cabin environment cleaner and lighter Sharing that is connected, vehicles to improve adaptable, and energy efficiency predictive for a smart and air quality mobile experience Efficiency Connected
Faurecia’s innovation strategies Smart Life on Sustainable Autonomy Board Mobility Global Mega Trends Mobility Trends Energy Recover Predictive Cabin Sharing Lightweight Material HMI / User Experience Efficiency Alternative Powertrain Interior Atmosphere Connected
Faurecia has built a robust global technology scouting network Global Scouting capability… Faurecia is present in the regions where Innovation is a priority Scandinavia Toronto Canada Paris Seoul, South Korea Munich DE Boston/New York Holland, MI Silicon Valley Tokyo, Japan Shanghai, CH Tel Aviv, Israel Taiwan Sites determined by: • Regional R&D Intensity Singapore • High Tech Industry Density • Regional Manufacturing Capability • Patent Issuance • Researcher Density • Education Levels • Government & Tertiary Eco-system Support
Technology Scouting is integrated within POC process… 7 Engagement Stages Technology Scou3ng Validate Interest 6 1 BG Members comment and engage with Technology List, Priority startups Search Fields & Descrip7ons NDA Signed Pre-M0 5 2 BG Members rank their Startups Iden7fied interest levels 8 M0 Invest 4 3 Company informa7on Company informa7on compiled entered into Scou7ng M1 database
xWorks Accelerators Faurecia’s soft landing spot for integration of disruptive new technologies. xWorks is where we engage and experiment. 11
xW xWor orks Accel Acceler erator ors wo work cl clos osel ely with with s start artups t s to o op4mi mize… n Learn fast approach with cross functional expert team n Product application, Use Case, and business model expertise is provided by Faurecia 12
Faurecia Ventures Complement Faurecia’s innovation strategies by identifying, incubating, and investing in early stage innovations that generate exceptional long term value 13
Key elements of Faurecia Venture The main objec7ve of Faurecia Ventures is to gain strategic advantage in • technology, markets, and business’s related to our core innova7on roadmaps Objec3ve The financial return on investments is a consequence of this but not the primary • objec3ve. We are Strategic Investors! The investments will be made in start-ups which know-how will bring value to us in • SUSTAINABLE MOBILITY and ENHANCED LIFE ON BOARD Strategy The investments will be made in early stages of start-ups development, aUer SEED, • in Rounds A or B Faurecia Ventures is a strategic complementary capability to the BGs, coordina7ng • Scou7ng, Investments and Start-up Follow-up Structural model Each investment will be sponsored by an opera7onal organiza7on and • accompanied by a Joint Development Agreement. We are not passive! Start-up will get from Faurecia Ventures: • a par7cipa7on in their Capital (from ~5 to ~15%) • Opera3ng model opera7onal support to demonstrate their technical ability • general support (business model, use case, scaling, legal, HR, mentoring, • broad industry access) July 2016 14
Faurecia Ventures has already made 1st strategic investments.. Innova7ve valves and pressure Flexible films and touch Advanced sensor technology to surfaces physical state of drivers regulators for efficient and safe sensors for smart , intui7ve detect and monitor the mental and hydrogen storage solu7ons for fuel cell vehicles Electronics encapsulated within light, thin, Smart surface touch soUware w/threshold Investment fund focused on environment mass produced 3D plas7c variance tolerance and new energies 15
Faurecia Ventures Lets do something to get to know each other Accelerate Engage Experiment & Invest Identify potential Rapidly build a PoC Collaborative applications and to understand development and use cases performance potential investment 16
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