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AImotive raises USD 38 mln in Series C funding round

Thursday 18 January 2018 | 10:18 CET | News
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AImotive, a Hungary-based self-driving technology startup, secured an investment of USD 38 million/EUR 32 million during its Series C funding round led by B Capital Group and Prime Ventures, with participation from Cisco Investments, Samsung Catalyst Fund, and Series A and B investors Robert Bosch Venture Capital, Inventure, Draper Associates and Day One Capital. AImotive will use the funding to continue developing its proprietary autonomous driving technology, which relies primarily on affordable, off-the-shelf camera sensors and AI-based vision processing. 

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Categories: Mobile & Wireless
Companies: Bosch / Cisco / Samsung
Countries: Hungary / World
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