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Smart Transportation Startup Autotalks Raises $40 Million

Smart Transportation Startup Autotalks Raises $40 Million
Credit: auto-talks.com

Autotalks announced it has raised $40 million in Series D financing. Two investors contributed to the round, among them Mirai Creation Fund.

Autotalks enables the vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication revolution by providing partners with comprehensive automotive and commercial grade, standard-compliant V2X and VLSI solutions with high performance and reliability. Autotalks brings expertise in semiconductors, system and software with diverse experience in communications, signal processing, security and positioning.

“The funding round will allow Autotalks to prepare and expand its operations for the upcoming start of mass productions as well as continue to develop communication solutions for both connected and autonomous cars,” said Hagai Zyss, Autotalks’ chief executive officer.