Each year, experts from RBVC examine over 2,000 startups, but only around a hundred of these make it to the shortlist. “We invest in six to ten carefully selected companies each year. In addition to capital, we also offer know-how and operational support. We also connect startups with Bosch operating units,” says RBVC managing director Philipp Rose. These alliances benefit the fledgling companies as well as Bosch itself. Startups get the opportunity to become a supplier, technology partner, or even customer of Bosch. Bosch, in turn, receives early access to the latest technologies and can incorporate them into its own innovations. “Open innovation is a win-win for startups and Bosch alike,” Rose says. “It also lets us ensure that the startup’s expertise stays in the startup.” Bosch currently collaborates with more than one hundred companies on open innovation projects.