(Telematics Wire) General Motors invests in connected car startup Wejo

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General Motors invests in connected car startup Wejo
Posted: 13 Feb 2019 06:44 AM PST
General Motors (GM) is investing millions of pounds in Wejo, a British technology start-up. According to the news report, to date, the start-up has processed data from 78 billion miles of car journeys that can be used to enhance vehicle safety and improve the car-driving and ownership experience. The data can help to develop new products and services, such as real-time parking availability and local petrol price comparisons.

 

 

May Mobility raises $22 M
Posted: 13 Feb 2019 06:43 AM PST
May Mobility has announced that Millennium New Horizons and Cyrus Capital Partners have joined its investor-base, co-leading a $22M Series A round, with LG Technology Ventures and Thayer Ventures participating alongside return investors BMW i Ventures, Maven Ventures, Toyota AI Ventures, and Y Combinator. The round will help the company expand their engineering and operations in order to meet growing demand.

 

 

City of Phoenix and MetTel enter into agreement on fleet management automation
Posted: 13 Feb 2019 06:43 AM PST
The city of Phoenix has entered into an agreement for MetTel, a communications and digital transformation company, to provide services with fleet management automation technology which began in July.

 

fleetx.io raises pre-series A funding
Posted: 13 Feb 2019 06:42 AM PST
Gurgaon based intelligent fleet management and predictive analytics platform, fleetx.io, raised an undisclosed amount of funding from India Quotient and LetsVenture’s Angel fund.

 

 

Every fourth German in favor of extending the car sharing offering
Posted: 13 Feb 2019 06:42 AM PST
A large proportion of Germany is environmentally aware and is in favor of more local public transport and a stronger car sharing network. Every fourth person is in favor of extending the car sharing offering, according to a study by Forsa.

 

 

C2A Security completes $6.5M Series A Round
Posted: 13 Feb 2019 06:41 AM PST
C2A Security, an Israeli startup providing in-vehicle solutions preventing cyberattacks, has announced the completion of a $6.5 million Series A round. The round was led by Maniv Mobility and ICV with participation from Labs/02.

 

 

SoftBank invests nearly $1B in Nuro
Posted: 13 Feb 2019 06:40 AM PST
Nuro announced that it has raised $940 million in financing from the SoftBank Vision Fund. To date, Nuro has raised more than $1 billion from partners including SoftBank, Greylock Partners and Gaorong Capital.

 

 

Americans lost an average of 97 hours a year due to congestion
Posted: 13 Feb 2019 06:40 AM PST
INRIX, a mobility analytics and connected car services company, has published the 2018 Global Traffic Scorecard that identified and ranked congestion and mobility trends in more than 200 cities, across 38 countries.

 

 

Multi-Modal Trip Planner by Moovit, TomTom and Microsoft
Posted: 13 Feb 2019 06:39 AM PST
Moovit, a Mobility as a Service (MaaS) provider, TomTom, the location technology company, and Microsoft’s Azure Maps recently unveiled what they claim to be the world’s first comprehensive multi-modal trip planner.

 

 

 

 

 

 

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