Rome-based Exein, which offers cybersecurity tools for protecting connected devices including cars and home routers, raised €100M led by Blue Cloud Ventures
Rose Henderson / Bloomberg :
Impressions from a London test ride in a car using Wayve's self-driving tech; Wayve has raised $1.3B since its launch and is testing cars with Level 2+ autonomy
John Thornhill / Financial Times :
Boston-based Teradar, which aims to launch a solid-state sensor for autonomous cars in 2028 that it says can outperform lidar and radar, raised a $150M Series B
Matt Carey, the co-founder and CEO of Boston-based startup Teradar loves when people tell him: “I don't believe you.”
Singapore-based used car marketplace Carro raised $60M led by Japan sovereign wealth fund Cool Japan Fund to promote Japanese cars in the Asia-Pacific region
Indian EV ride-hailing startup BluSmart appears to have suspended service a day after regulators launched a probe into Gensol, which shares its co-founders
clean energy experts Vidhi Taparia / Fortune India : BluSmart halts services amid Gensol crisis; Sebi action, funds crunch casts shadow on EV ride-hailing startup Prashant Tamta / DNA India : BluSmart...
Cambridge, UK-based Camgraphic, which is developing graphene-based photonics chips for AI, HPC, autonomous cars, and other applications, raised a €25M Series A
The money will be used to develop the startup's R&D operations in Pisa and establish a pilot manufacturing line in Milan
Samsung plans to invest $1.8B to build a factory in northern Vietnam to make OLED displays for cars and tech equipment; Samsung has invested $22.4B in Vietnam
Phuong Nguyen / Reuters :
Ferrari plans to accept crypto payments for its cars at European dealers from the end of July, and internationally by the end of 2024, expanding on the US
Ferrari (RACE.MI) said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars …
Tesla cuts Full Self-Driving's US price from $12K to $8K, after a price cut from $15K to $12K in September 2023, and drops the $6K Enhanced Autopilot option
https://www.bloomberg.com/... #tesla #tech #elonmusk #cars #transport #evs X: @wholemarsblog : Buying in full is now a good deal again @strivenb : @WholeMarsBlog But Elon kept saying value of FSD wil...
AI chip startup SiMa.ai raised $70M led by Maverick Capital to develop chips for cameras, cars, and other consumer devices, taking its total funding to $270M
- Maverick Capital leads funding round, Point72 participates — SiMa.ai's board includes directors from Intel and TSMC