Thursday, January 4, 2018

AImotive Gets $38M

Mountain View- and Budapest, Hungary-based AImotive, a developer of autonomous vehicle technology, has raised $38M in a Series C funding, the company announced this morning. The funding was led by B Capital Group and Prime Ventures, and included Cisco Investments, Samsung Catalyst Fund, plus prior investors Robert Bosch Venture Capital, Inventure, Draper Associates and Day One Capital. AImotive's autonomous driving technology is based on camera sensors and artificialintelligence. Laszlo Kishonti is founder and CEO of AImotive. More information »