Investments & Funding
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BlaBlaCar secures €100M credit, achieves profitability
BlaBlaCar, a ridesharing platform, announces that it has secured a €100 million revolving credit facility. The company also announced that…
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Overland AI receives $18.6M U.S. army contract for RCV
SEATTLE, April 03, 2024 (GLOBE NEWSWIRE) — Overland AI, a company that develops artificial intelligence (AI) and robotics for autonomous navigation…
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Toyota acquires PEVE, renames to Toyota battery co.
In an announcement made by Toyota Motor Corporation (Toyota Motor) on March 5, 2024, it was revealed that Primearth EV…
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Ionobell raises $3.9M in seed extension, total funding hits $7.3M
SAN FRANCISCO, March 26, 2024 /PRNewswire/ — Ionobell, a company that develops silicon battery technology for electric vehicles and other applications, aiming for…
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NEOLIX raises 600M yuan in series C funding
Date: Mrach 28, 2024. — NEOLIX, a Chinese company which is into unmanned delivery vehicles, has secured 600 million yuan…
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PATEO secures 1.5B yuan for smart automotive tech growth
SHANGHAI, March 26, 2024 /PRNewswire/ — PATEO, a company in automotive intelligence, developing technology for connected cars and intelligent driving features, has…
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Lucid agrees to $1B stock deal with Ayar
NEWARK, CA — March 25, 2024 — Lucid Group, Inc., a manufacturer of electric vehicles (EVs), announced that it has entered into…
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Stellantis Ventures invests in SteerLight’s LiDAR tech
Innovative on-chip LiDAR developed by SteerLight delivers unparalleled sensing precision and resolution SteerLight’s compact, lower cost LiDAR will help advance…
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Indie Semiconductor invests in Expedera for AI-enabled ADAS solutions
Partnership Capitalizes on Expedera’s Breakthrough AI Capabilities in Support of indie’s ADAS Portfolio Leverages indie’s Multi-modal Sensing Technology and Expedera's…
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Telechips invests in AURA for autonomous driving
On March 19th, 2024, — Telechips, a South Korean company that designs semiconductors for automotive applications announced its agreement to…
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