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Verizon invests in self-driving car startup Renovo

Tuesday 2 May 2017 | 09:11 CET | News
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Verizon Ventures has announced its participation in a USD 10 million funding round for Renovo, an automotive startup specialising in technology that helps connect fleets of self-driving vehicles. Verizon's venture wing didn't reveal the size of its investment but said it believed the future of driving would be autonomous and shared. Renovo's automotive technology platform merges software, data analytics and safety systems into a unified solution for Automated Mobility on Demand (AMoD) fleets.

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Categories: Mobile & Wireless
Companies: Verizon
Countries: World
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