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Self-Driving Startup Minus Zero Raises $1.7 Million In Funding Led By Chiratae Ventures

May 23, 2022•about 3 years ago

Amount Raised

$1.7 Million

Round Type

seed

Bengaluru

Description

Bengaluru: Minus Zero said it has raised $1.7 million led by Chiratae Ventures, along with participation from JITO Angel Network and senior executives from tech companies like Nvidia, and Lyft. The deal marks the first time an Indian self-driving car company is attracting venture capital funds.

Company Information

Company

Minus Zero

Location

Bengaluru, Karnataka, India

About

The deal marks the first time an Indian self-driving car company is attracting venture capital funds. “Minus Zero believes that the complexity of self-driving cars can be solved not by stacking up more sensors or petabytes of data, but by making the AI more intuitive, similar to the way our own brain handles decision making,” the company said in a statement. Minus Zero said it has raised $1.7 million led by Chiratae Ventures, along with participation from JITO Angel Network and senior executives from tech companies like Nvidia, and Lyft.