Finland’s Rightware acquired for €64 million by China’s Thundersoft

Rightware, an automotive software company from Finland, has been acquired by Chinese firm Thundersoft for €64 million. The deal is expected to close early next year. Rightware builds software, such as Kanzi, which is used by automotive companies to enhance the driving experience. Thundersoft, a software company based in Beijing, specialises in automotive, mobile, and […]

German Autolabs raises €2 million seed round for its digital co-driver

German Autolabs, which is developing a “digital co-driver” for cars, has raised €2 million in seed funding from Target Partners and business angels. The Berlin startup is using AI to develop a speech and gesture recognition software to help drivers stay safe on the road while also interacting with their in-car apps. The new funds […]