Electric scooter maker Unu raises €7.5 million in funding

Berlin-based Unu, which builds smart electric scooters, has raised €7.5 million in a new round of funding. Gründerszene reports that the round was led by Capnamic Ventures and Iris Capital with participation from Michael Baum and NRW.Bank. Unu sells its scooters online through a logistics partnership with DHL, with most of the manufacturing in China. […]

otonomo raises $25 million to expand its connected car platform globally

Tel Aviv-based otonomo, a connected car platform, has raised a $25 million Series B round led by car parts maker Delphi Automotive with participation from Bessemer Venture Partners, StageOne Ventures, and Maniv Mobility. The new funds will be invested in expanding the company’s data exchange marketplace for the automotive industry globally. Lead investor Delphi has […]

MotorK raises $10 million for its online car sales solution

New car sales platform MotorK has announced a Series A round of $10 million from 83North, formerly known as Greylock IL, with participation from Zobito. The London-based MotorK’s products assist buyers and car dealers of new cars through its car marketplace DriveK and SaaS platform for dealers, DealerK. The European market saw around 14.6 million […]

Israeli vehicle communications company Autotalks raises $30 million

Vehicle communications startup Autotalks has raised $30 million in a Series D round from new and existing investors. New investors in the round include Israeli institutions, Fraser McCombs Ventures, Vintage Investment Partners, and Samsung Catalyst Fund alongside existing shareholders Magma Venture Capital, Gemini Israel Fund, Amiti Fund, Mitsui & Co. Global Investment, Liberty Ventures, and […]

Dutch EV charger startup EV-Box acquired by French utility ENGIE

Amsterdam’s EV-Box, a supplier of electric vehicle charge points, has been acquired by French electric utility company ENGIE. The announcement was made today at rEVolution 2017; no terms were disclosed. EV-Box supplies electric car charge points, along with management software, around the Netherlands and has expanded into 20 markets including Belgium, Scandinavia, Germany, the UK, […]

Valeo acquires 3D image processing startup Gestigon

German 3D image processing startup Gestigon has been acquired by French connected car component maker Valeo. No terms were disclosed. Gestigon develops body and gesture recognition technology for the inside of vehicles. Valeo’s acquisition of the startup will aid its design and production of connected automotive components, such as its Driver Monitoring system, which detects […]