On Dec 7, Elaphe, a provider of in-wheel electric propulsion systems for New Energy Vehicles, was granted €7 million by the Slovenian government for further technology advancements. The subsidy will serve as a springboard to secure further growth of this 150+ engineering team towards higher...
On Dec 2, Karamba Security, a provider of embedded cybersecurity solutions for connected devices and systems, announced it has secured $10 million in new funding in an extension to its B Round financing. VinFast, a member of Vingroup, the largest private conglomerate in Vietnam, led...
Last month, Arbe Robotics, a provider of the next-generation 4D Imaging Radar Chipset Solution, announced that it has been named a CES 2022 Innovation Awards Honoree for the Phoenix Perception Radar and that its 4D Imaging Radar Technology has won the Informa Tech Automotive Awards...
On Nov 23, Cipia, a leading provider of in-cabin computer vision AI solutions, announced that it has raised $22M as part of the company’s initial public offering (IPO). Cipia is expected to start trading on the Tel Aviv Stock (TASE) under the symbol CPIA. The Driver...
Skyroads, a Germany-based aviation embedded systems developer, is today announcing that Bill Russo and Bevin Jacob, the co-founders of Automobility Limited, have joined its Advisory Board. Mr. Russo and Mr. Jacob will provide strategic business guidance to this company in the rapidly emerging domains of...
On Nov 2, Arbe Robotics, a NASDAQ-listed [ARBE] provider of the next-generation 4D Imaging Radar Chipset Solution, announced that Weifu High-Technology Group, a major tier 1 supplier in the Chinese automotive market, is launching the customer road pilot phase of its Arbe-based Radar Systems. Weifu...
On Oct 7, kWh Bikes, an electric two wheeler for delivery services and shared mobility, announced that it has raised $2 million in a seed round led by LetsVenture with participation from Better Capital, Cloud Capital, and other individuals. The funding is among the largest...
On Oct 8, Arbe Robotics, a provider of the next-generation 4D Imaging Radar Chipset Solution, went public on the NASDAQ after completing its SPAC merger with Nasdaq-listed Industrial Tech Acquistions, Inc. (ITAC). The previously announced business combination was approved by the ITAC stockholders at a...
On Oct 1, Tomorrow.io, an AI-enabled platform for weather forecasting, announced that they have been awarded a $19.3 million contract from the U.S. Air Force to support its planned constellation of approximately 32 weather satellites. The Air Force issued the contract for the company’s radar-equipped...
On Sep 23, Karamba Security, a provider of embedded cybersecurity solutions for connected devices and systems, announced that it signed a multi-year license agreement with Hitachi Kokusai Electric for the use of Karamba XGuard Protect. By implementing XGuard Protect, a seamlessly-embedded runtime integrity solution, into...