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InMotion appoints MD

InMotion Ventures (InMotion), the corporate venture capital arm of Jaguar Land Rover, has appointed Mike Smeed as Managing Director, with the fund playing a key part in the company’s recently launched Open Innovation strategy.

Smeed joins from Chery Jaguar Land Rover, a Shanghai-based joint venture between Jaguar Land Rover and Chinese car manufacturer Chery Automobile Co, where he was the Vice President of Finance. He brings a wealth of experience enabling growth in multinational environments and is well versed in managing relationships between large corporations and disruptive high-growth business units.  

InMotion, launched in 2016, has already invested in start-ups across key Open Innovation areas, such as autonomy, connectivity, electrification, sustainability, fintech, and intelligent enterprise. 

Providing expertise and resources to founders to help them scale, it backs start-ups across all stages. Previous investments include Circulor, the supply chain visibility platform; By Miles, the usage-based insurance provider; Ascend Elements, a battery recycling company; and Carmoola, the mobile first solution for vehicle finance.

Smeed, who joins the recent hiring of Sam Nasrolahi as Principal, will oversee InMotion’s continued investment in transformative and disruptive mobility start-ups, maximising opportunities through Open Innovation, and delivering mutual value to InMotion and Jaguar Land Rover.  

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