Swedish battery developer and producer Northvolt contributed to Liminal’s newest funding spherical.
Via, a New York City “transit tech” software program firm that works with cities and companies to optimize networks of buses, shuttles, wheelchair-accessible automobiles and autonomous automobiles, raised $110 million off a $3.5 billion valuation. Israeli enterprise capital fund 83North led the funding spherical. Other buyers embrace Exor N.V., Pitango, Janus Henderson, CF Private Equity, Planven Entrepreneur Ventures, Riverpark Ventures and ION Crossover Partners.
ZEVX, a Gilbert, Ariz., EV powertrain and fleet automobile firm, accomplished a $20 million funding spherical led by Reynolds Capital, the funding arm of Reynolds and Reynolds Co., which makes a speciality of car dealership software program, companies and types. The deal contains the appointment of Reynolds and Reynolds executives David Shimek and Sidney Haider to ZEVX’s board of administrators.
Hypercraft Inc., a Provo, Utah, startup specializing in electrification of racing automobiles and watercraft, raised $6.5 million in seed funding at a valuation of $51.5 million. The funding spherical was led by Provo-based early stage enterprise fund RevRoad Capital.
Spartan Radar, an automotive software program startup that makes use of radar expertise for driver-assist programs and self-driving automobiles, closed on $17 million in funding in February.
The Los Alamitos, Calif., firm plans to make use of the funding to ship its flagship Ago software-based program to market and rent staff for its new product group and industrial automobile division in Detroit.
Austin, Texas, expertise and life sciences enterprise capital agency 8VC led Spartan’s sequence B funding spherical.
Phantom AI, a startup based by Tesla and Hyundai alums, secured $36.5 million for its sequence C funding spherical. The Mountain View, Calif., firm is making a software-based vehicle-agnostic and customizable platform for electrical automobiles.
Source: www.autonews.com