Xcelerating innovation, HONDA-STYLE
- Magazine Article
For the past five years,
But Honda's approach, at its Xcelerator offices in Israel, Japan, Detroit, China and Mountain View, California, is unique. The 72-year-old mobility company is careful about the startups with which it chooses to work. “Honda is very pragmatic,” said Dennis Clark, managing director of strategic venture partnerships at Honda Innovations. “We don't have a speculative venture fund. All the work that we do with the startups, they're pretty much fully vetted. We have a lot of conversations and initial testing” in the early getting-to-know-you phase of the relationship.