raises

Intelligent Automotive Software Platform Company Eatron Raises $11M in Series-A funding to accelerate its global growth

Published: Nov. 19, 2021 at 6:06 AM EST|Updated: 15 hours ago

WARWICK, England, Nov. 19, 2021 /PRNewswire/ — Eatron®, a fast-growing scale-up with its unique ‘intelligent automotive software‘ platform for the edge and the cloud announced that it raised $11M in its Series-A round led by MMC Ventures with participation from Aster Capital and Vinfast.

Eatron®, a fast-growing scale-up with its unique ‘intelligent automotive software’ platform for...
Eatron®, a fast-growing scale-up with its unique ‘intelligent automotive software’ platform for the edge and the cloud, announced that it raised $11M in its Series-A round led by MMC Ventures with participation from Aster Capital and Vinfast. Eatron, which is headquartered in the UK with a world-class R&D centre in Istanbul, has developed a unique software platform which is driving significant innovation in the continuous optimization of performance, efficiency and safety of software-defined electric vehicles.

Eatron has a long-standing collaboration in different projects with Vinfast to explore and accelerate deployment

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Aviva raises $26.5M to create better automotive car networks

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Aviva Technology Holding has raised $26.5 million in a funding round led by Sehat Sutardja and Weili Dai, the founders of Marvell Technology Group.

The round will enable Aviva Links to speed product development and expand sales and marketing for its high-speed data movement for in-car communications. The company has raised $33 million to date.

Driving change

The multi-trillion automotive industry is undergoing an enormous transformation, driven by new technologies that are enabling rapid advancements in autonomous systems, telematics, and infotainment. The pandemic-driven worldwide semiconductor shortage will curb auto sales by $100 billion in 2021, according to professional services firm KPMG. But once that shortage is mitigated, technology will march on.

Vehicles will have vast amounts of data moving through them, and Aviva is building secured in-vehicle connectivity chips that can move

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