AImotive raises an additional 20M USD

AImotive becomes the most-funded automated driving software supplier in Europe

AImotive raises an additional 20M USD

AImotive, the automated driving technology company, today announced a new investment round of USD 20 million led by Lead Ventures, a Budapest based scale-up investor. With the fresh capital AImotive has become the largest VC-backed company developing automated driving technology in Europe, with total funding of USD 75 million. Existing investors such as Robert Bosch Venture Capital, B Capital Group, Prime Ventures, Inventure, Samsung Catalyst Fund and – Draper Associates increased the size of their investment and were joined by new investors – Lead Ventures and Szechenyi Venture Fund – to support the future growth of the company.

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