Ford Announces Collaborations
Sept. 9, 2016—Ford Motor Company has announced collaborations with three 2016 Techstars Mobility startups—Spatial, HAAS Alert and Cargo—to pursue next-generation mobility solutions.
“The possibilities are endless when you combine the experience and influence of a storied company like Ford with the energy and innovation of these inspiring startups,” said Bill Coughlin, president and CEO, Ford Global Technologies. “This year’s Techstars Mobility program has truly exemplified that, and we’re thrilled to continue working with Spatial, HAAS Alert and Cargo.”
Spatial is a mapping and navigation company. HAAS Alert is a connected notification platform that warns motorists when emergency vehicles are approaching and Cargo help ride-share drivers cater to its passengers.
The three companies were among 12 selected for a three-month internship. Each received $120,000 in funding, along with guidance on business development, customer acquisition, developing relationships within the auto industry, and support from top business leaders.
“We came into Techstars confident in our technology, but still searching for a better, more impactful application,” said Lyden Foust, Spatial CEO. “No question, our product would not be where it is if it weren’t for the future-facing mindset of the Ford mentors.”