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Axel Fuchs

Advisor at Motus Ventures

San Francisco Bay Area

Overview 

Axel Fuchs is the VP of Business Development at Lumotive in the San Francisco Bay Area, with a strong background in consumer and automotive electronics, product development, and strategic partnerships. Notable career highlights include roles as VP Business Development at Quanergy and Sr. Director of Strategy and Partnerships at Telenav, showcasing expertise in driving business growth and forming key industry relationships.

Work Experience 

  • VP Business Development

    2019 - Current

Optical semiconductor company producing digital beam steering chips for 3D sensing and beyond

Raised $13,000,000.00 from UniQuest, Samsung Ventures, USAA, MetaVC Partners, Himax Technologies, Samsung Ventures, Bill Gates and Quan Technology Fund.

  • Advisor

    2019

  • Partner

    2018 - 2019

A combination of recent technology shifts and emerging consumer trends – internet connected cars, vehicle to vehicle communications.

  • VP Business Development

    2014 - 2018

    Built global business development team: • Consistently meeting challenging targets, having grown the company’s sales from zero to significant size. • Expanding 3D sensing business beyond automotive solutions by creating solutions for other sectors including security, industrial and mapping markets. • Forming strategic partnerships with industry leaders including Daimler, Delphi, CISCO, Sensata, and others. • Building a global business development / sales team and customer success team with offices in Detroit, Sao Paulo (BR), Derby (UK), Munich (DE), Dubai (UAE), Shanghai (CN), and Tokyo (J). • Building global distribution channel with Distributors, System Integrators, and Value Add Resellers. • Creating all business developmentdand customer support processes for the company and achieved ISO 9001:2015 certification. • Guiding all product definition efforts and driving goto market strategy

Quanergy develops 3D-LiDAR sensors and smart sensing solutions for safety and experience enhancement.

Raised $175,308,960.00 from Rising Tide and Jacket River.

  • Sr. Director, Strategy and Partnerships

    2013 - 2014

    Responsible for Telenav's automotive growth strategy. • Defined the Scout GPS Link brought in navigation solution and promoted it to Toyota who rolled it out in 2016 on multiple vehicle platforms. • Led creation of open source mapping solutions for automotive customers including General Motors, which resulted in cost savings and up to date information for the duration of car ownership.

Accelerating towards a connected car future with smarter, easier, safer innovation.

Raised $30,000,000.00 from Lehman Holdings and Menlo Ventures.

  • VP Business Development

    2012 - 2013

    Led business development efforts and OEM strategy at Wheelz. Negotiated and closed new OEM business for innovative mobility solution with top 3 car maker in less than 6 month. Wheelz was acquired by RelayRides in May 2013.

  • Director, Business Development

    2010 - 2012

    Responsible for expanding TeleNav's business to Europe and other international markets. - Developed International Business Strategy, participated in M&A activities - Build international sales pipeline for automotive and mobile products. Built relationships with most EU car makers. - Started business development operations in Germany and France - Launched #1 iPhone navigation product in India

Accelerating towards a connected car future with smarter, easier, safer innovation.

Raised $30,000,000.00 from Lehman Holdings and Menlo Ventures.

  • Sr. Vice President

    2007 - 2010

    Responsible for licensing and maintenance of a significant IP portfolio that the company had acquired to support the digital media product business. Managed all aspects of developing and launching EZfetch, our innovative consumer electronics product for multimedia streaming.

  • Sr. Director, Business Development

    2004 - 2007

    Negotiated multimillion dollar long-term technology development and licensing contracts with major consumer electronics companies, cable/satellite operators, and automotive companies and their tier-1 suppliers.

Global leader in wireless universal control solutions for home entertainment and smart home devices.

  • Vice President

    2002 - 2004

    Managed all aspects of product and program management for Simple Devices’ award winning digital media software. SimpleDevices was acquired by Universal Electronics in October 2004.

  • Senior Engineering Manager

    1999 - 2002

    Built an entirely new systems engineering team for our global customers and managed over 20 senior level engineers in 4 international office locations.

Motorola exists to invent, build and deliver the best mobile devices on the planet, improving the lives of millions of people.

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