InMotion Ventures

Sebastian Peck leads the team as Managing Director and is the primary decision-maker on new and follow-on investments. The firm operates with its own investment committee, separate from Jaguar Land Rover's treasury or corporate development groups, giving it autonomy to compete against financial VCs for allocations. This separation is a deliberate structural choice to avoid the slow approval cycles that hamper many captive corporate venture units.

InMotion is a corporate balance-sheet vehicle, not a closed-end fund. Jaguar Land Rover allocates capital for venture deployment directly from its own treasury, which means InMotion is not constrained by a fund-raising cycle, LP reporting requirements, or a fixed deployment timeline. The firm has not publicly disclosed a total allocation size or a per-vintage commitment figure.

By Miles, the UK-based pay-per-mile motor insurer, was one of InMotion's most visible early investments. The company entered administration in mid-2023, with its policy book sold to Admiral Group (per Reuters, June 2023). The outcome is a mark on InMotion's fintech and insurtech exposure, though the vehicle's lean into electric-vehicle insurance data may retain residual value for JLR's connected-car strategy.

InMotion leverages Jaguar Land Rover's engineering, design, and supply-chain organizations to source and diligence companies that its purely financial peers might not see early. Startups that want to pilot with a global OEM grant InMotion access to product roadmaps and engineering data that a purely financial VC would never receive, creating an asymmetric information advantage on technical due diligence. This pairing of corporate access and independent investment authority is the firm's core deal-flow differentiation.

InMotion has made at least one fund commitment — in 2022, it anchored Octopus Energy Generation's dedicated electric vehicle roaming fund (per Sifted, 2022) — but its primary mandate is direct minority equity in early-stage and growth companies. The move into LP-style commitments remains an exception rather than a standard practice and appears tied to energy-infrastructure deals that sit adjacent to JLR's electrification goals.

InMotion does not invest in areas outside the mobility, transportation, and connected-services envelope. That excludes broad consumer internet, traditional enterprise software that lacks an automotive or smart-infrastructure use case, and therapeutics or pure life-sciences plays. The firm's negative screen is effectively 'anything Jaguar Land Rover cannot credibly deploy or learn from' — a boundary that keeps the concentrated mobility mandate from drifting into generalist VC territory.

Yes, InMotion Ventures operates as a distinct legal entity, which is how it maintains an independent investment process and can co-invest with external VCs who might otherwise object to a corporate parent's call rights or information access. The precise corporate structure has not been publicly disclosed beyond confirmation that the operations, employee contracts, and investment authority sit within the InMotion entity rather than within JLR's own legal silos.