The money will help the company deploy its operating system for Universal Autonomy in commercial and industrial areas around the world.
The Series C financing meets growing demand from new and existing shareholders, and additional investors will sign on before the funding round closes in a few months.
Investors come from North America, EMEA and APAC, including new investors such as Aioi Nissay Dowa Insurance Co. , Ltd and ENEOS Innovation Partners.
Source: electronicsweekly.com
