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Automotive venture capitalists are on the hunt for unicorns

If venture capital firms place their bets on the right players, significant returns are on the cards, learns Freddie Holmes

The venture capital (VC) ecosystem is booming, and the automotive industry is keen to get in on the action. But manufacturers are not looking for cash cows, and instead are on the look out for so-called unicorns that could offer more than just a boost to revenue.

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