nuTonomy Secures $16,000,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c86b3da5-7ece-4c82-ac46-1f2dbc3b1d1e
Date
5/24/2016
Company Name
nuTonomy
Mailing Address
115 Jackson Street Cambridge, MA 02140 USA
Company Description
nuTonomy develops and distributes software and algorithms for self-driving cars and autonomous mobile robots. The company also offers fleet management and consulting and system integration solutions.
Website
http://www.nutonomy.com
Transaction Type
Venture Equity
Transaction Amount
$16,000,000
Transaction Round
Series A
Proceeds Purposes
The funding will be used to accelerate delivery of self-driving car software.
M&A Terms
Venture Investor
Highland Capital Partners
Venture Investor
Fontinalis Partners
Venture Investor
Signal Ventures
Venture Investor
EDB Investments
Venture Investor
Samsung Ventures