Sonatus Raises $75 Million Round To Accelerate Vehicle Software Innovation
12/07/22, 1:00 PM
Location
sunnyvaleMoney raised
$75 million
Sonatus, a leading automotive software company that is accelerating vehicle innovation towards software-defined vehicles, today announced it has raised $75 million in a second round of funding. Global technology company Hon Hai Technology Group ("Foxconn") (TWSE: 2317), the world's largest electronics manufacturer, led the fundraising round. Combined with the earlier Series A round, Sonatus has now raised over $110M USD from venture capital, strategic partners and customers.
Company Info
Location
sunnyvale, california, united states
Additional Info
Sonatus is accelerating vehicle software innovation and the transition towards software-defined vehicles. Our platforms and products serve as the key building blocks that allow automotive companies and their ecosystem to innovate faster and deliver continuous improvements in costs, capabilities, reliability, and user experience over the vehicle lifespan. Sonatus' award-winning software platform is in production vehicles from Hyundai, Kia and Genesis, and will be on the road in millions more vehicles in 2023. The company has raised more than $110 million USD with world-class automotive, technology, and venture investors including Foxconn, Hyundai Motor Group's Kia Corporation, LG Electronics, Marvell, SAIC Capital, Translink Capital, UMC Capital and Wanxiang Group Company. Sonatus is headquartered in Sunnyvale, CA, with offices in Paris, France and Seoul, Korea. For more information visit www.sonatus.com.