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Intelligent Automotive Software Platform Company Eatron Raises $11M In Series-A Funding To Accelerate Its Global Growth

Nov 19, 2021•almost 4 years ago

Amount Raised

$11 Million

Warwick

Description

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.

Company Information

Company

Eatron

Location

Warwick, Rhode Island, United States

About

Eatron (www.eatron.com) is a fast-growing technology company dedicated to making 'software-defined vehicles' a reality for OEMs worldwide. Its innovative software platform, which spans from the edge to the cloud, enables automotive and mobility OEMs and Tier-1s to rapidly integrate Eatron's offerings for serial production. Each Eatron software application at the edge, such as its intelligent BMS or Motion offering, is AI powered and designed to have a cloud counterpart with analytics. These enable OTA updates, and continuous and adaptive software improvements to achieve superior performance and reliability over the lifetime of the vehicles. Eatron has a growing list of OEM customers and partnerships worldwide with Tier-1s and semiconductor companies. The company was founded in 2018 and has received $15M of investment to date from MMC Ventures, Aster Capital, Hirschvogel Ventures, Vinfast and the ACT Fund.

Funding Insights

Based on industry data
Tech investment trends
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