BlackBerry IVY Innovation Fund
“BlackBerry”
The funder does not disclose this information
Maximum Eligible Amount
Private Grant
Fund Type
BlackBerry announced the establishment of the BlackBerry IVY Innovation Fund to help data-driven automotive ecosystem providers turbocharge their innovation and bring new products and applications to market using BlackBerry's Intelligent Vehicle Data Platform, BlackBerry IVY™.
The BlackBerry IVY Innovation Fund’s mission is to accelerate the expansion of the BlackBerry IVY ecosystem with innovative transportation solutions. The Fund will initially allocate up to $50 million to invest in startups focused on developing data-driven solutions that can benefit from BlackBerry IVY’s AI insights and support from BlackBerry and AWS.
The BlackBerry IVY Innovation Fund will provide portfolio companies with access to BlackBerry’s strong automotive and cybersecurity domain expertise. They will also have access to up to $100,000 in AWS credits through AWS Activate, a program that has helped hundreds of thousands of early stage startups accelerate their growth and development. This includes access to the Activate Console, a self-service platform that connects startups to insights, technical guidance, and more to help them build their businesses.