Ridecell Inc., creators of a carsharing, ridesharing, and autonomous fleet operator platform, raised a Series B funding round of $28.6 million led by Cox Automotive, with participation from return investor Initialized Capital and industry partners DENSO, Penske, Deutsche Bahn, and Mitsui. According to the company, Ridecell’s
Blackmore Sensors and Analytics, Inc., a leading developer of frequency-modulated continuous wave lidar for the automotive industry, announced today that it has raised $18 million in a Series B funding round led by BMW i Ventures. Additional investment came from Toyota AI Ventures, Millennium Technology
Transportation startup Optimus Ride closed $18 million in Series A financing led by Greycroft Partners. Emerson Collective and Fraser McCombs Capital also participated in the offering. [bg_collapse view="link" color="#4a4949" icon="arrow" expand_text="Continue reading" collapse_text="Show less” ] Optimus Ride is an MIT-spinoff company based in Cambridge, MA, that
On-demand startup Fiix announced it has raised $1.8 million in seed financing. Three investors participated in the round, among them Javelin Venture Partners and Y Combinator. Fiix provides affordable, convenient on-demand automotive repair service at homes and offices in Toronto. The company’s auto repair services include