A look at Huawei's smart driving software unit, which became profitable in 2024 after revenue grew over 5x and is powering car systems by BYD, BMW, and others
Bloomberg :
Stuttgart-based robotics startup Sereact, which develops Vision Language Action Models and whose customers include BMW and Daimler Truck, raised a $26M Series A
PYMNTS.com :
Industrial cybersecurity startup Claroty raised $100M in a “pre-IPO round” at an estimated $2.5B valuation and reports $100M ARR, after raising $400M in 2021
Claroty provides infrastructure cybersecurity and secures connected devices in all Pfizer, BMW, Siemens and Schneider plants.
Ann Arbor-based autonomous vehicle startup May Mobility, backed by Toyota and BMW, raised a $105M Series D led by NTT Group, taking its total funding to ~$300M
Harri Weber / TechCrunch :
Self-driving shuttle startup May Mobility, which operates 25 vehicles in nine cities including Arlington, Texas, and Hiroshima, Japan, raises an $83M Series C
Gabrielle Coppola / Bloomberg : Tweets: @business Tweets: @business : May Mobility, a self-driving shuttle startup backed by the venture arms of Toyota and BMW, raised $83 million in its largest fund...
DefinedCrowd raises $50.5M Series B to help companies including Mastercard, BMW, others improve their AI services, says revenue spiked more than 650% in 2019
Artificial intelligence services require mountains of reliable data to reach their full potential.
Hamburg-based Wunder Mobility, a platform for municipalities and companies like BMW to create urban mobility services, extends its Series B by $30M to $60M
Wunder Mobility, which develops a platform that lets companies and municipalities create their own urban mobility services …
LaunchDarkly raises $44M Series C for its platform that lets its 700+ customers, including IBM and BMW, quickly launch, test, and tweak new product features
Kyle Wiggers / VentureBeat :
Virginia-based Urgent.ly, which offers a digital-first roadside assistance service, raises $21M Series B from venture arms of BMW, Jaguar, Porsche, and others
Kyle Wiggers / VentureBeat :
Swedish startup Mapillary raises $15M Series B led by BMW i Ventures for its independent mapping data system for autonomous vehicles
Chris O'Brien / VentureBeat :