Mar 13 - May 15, 2023 Automobility Comment The 63rd edition of our Automobility Pulse Check features relevant funding rounds of auto & mobility technology startups and highlights several “Featured Startups” from our EXCELerate pipeline. These startups fit our Digital Internet of Mobility thesis and have recently...
On May 14,Tomorrow.io, an AI-enabled platform for weather analytics, launched its first commercially built weather-radar satellite called Tomorrow-R1. Two days later, the Boston-based startup announced that the satellite had successfully begun its on-orbit operations. Tomorrow.io used proprietary software not just to predict but also to help...
On May 15, Ethernovia, a solution provider for virtualizing vehicle communication by unifying in-vehicle networks, announced that it has completed its Series A financing round of $64 million. The funding round consists of multiple investors, including Porsche Automobile Holding SE, Qualcomm Ventures, VentureTech Alliance, AMD...
On May 15, Anovion Battery Materials, a low emission battery anode-grade graphite producer with a focus on improved processing and localization of resources, has announced that it has selected Decatur County in Southwest Georgia as the location of the company's first large-scale expansion of manufacturing...
Media Source : China’s Rapid Shift to EVs Hurting Japanese Carmakers 02 MAY 2023 Big Japanese brands are struggling to match their Chinese rivals, as buyers in the world’s biggest market transition to cheap electric vehicles Toyota said it would introduce a system to audit cloud settings and...
Media Source : Financial Times Foreign makers have been caught out by speed of transition to electric vehicles and rapid rise of domestic rivals EDWARD WHITE So far this year, almost two-thirds of the total number of passenger vehicles sold were manufactured by four Chinese groups and Tesla...
In April 2023, Jeffrey Chou, CEO & Co-Founder of Sonatus, a cloud-enabled in-vehicle connectivity and data management solutions platform, was interviewed by WardsAuto's 'This Month in AutoTech' on innovating in real-time with software-defined vehicles. "Software-defined vehicles can upgrade, control and monitor features, services and behaviors...
Media Source : Business Insider Nora Naughton and Tim Levin May 16, 2023, 1:24 PM ET 16 MAY 2023 There aren't currently any Chinese car brands for sale in the US, but some analysts are concerned they could eventually make a play to upend the US market. Sjoerd van der...
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6th Edition - May 19, 2023 This quarterly newsletter features exciting investment opportunities from our Automobility EXCELerate pipeline. The depicted companies are actively fundraising and aim to close a round in the next 3-6 months. Click on the links in the profiles for further details if...