Transportation Startups Announce New Funding
VR training software makes sense right now
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Based on positive feedback from last week, I'll be continuing a new weekly section highlighting startup financing rounds. I would love to hear more of your thoughts.
Staying active: Despite a bleak outlook for the transportation industry, four startups recently announced new funding.
- Last week, self-driving software startup Helm.ai raised a $13 million seed round.
- On Monday, ride-hailing startup Via announced $400 million in funding and said it would focus on software for public transit agencies.
- Tuesday, industrial autonomous vehicle manufacturer Seegrid announced $25 million in funding.
- Yesterday, Phantom AI announced a $22 million Series A. The startup develops advanced driver assistance systems for auto suppliers.
All in the genes: At the beginning of March, Boston-based Akouos raised $105 million in Series B funding to develop gene therapy treatments focused on restoring/preserving hearing. And last week, Castle Creek Biosciences, a late-stage gene therapy startup, announced $75 million in equity and debt financing.
One that makes sense right now: Strivr, a Palo Alto startup that makes VR training software, announced Tuesday it's raised a $30 million Series B.
Keep up with the innovative tech transforming business
Tech Brew keeps business leaders up-to-date on the latest innovations, automation advances, policy shifts, and more, so they can make informed decisions about tech.