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TechNews
Featuring news on business transactions, innovation, strategic relationships, launches of technology and investment


TomTom assembles a who's who of tech companies for its transformative digital cockpit experience
Headquartered in Amsterdam with offices in 30 countries, TomTom’s technologies are trusted by hundreds of millions of drivers and businesses
6 min read


Fast-growing Eatron closes on $11 million to scale-up its intelligent auto software platform
The funds will further accelerate the development and deployment of new embedded and cloud-based intelligent features and global growth.
4 min read


Phiar Technologies raises early-round of $12 million for AI-powered automotive navigation
Phiar enables vehicles to understand the environment better for intelligent navigation, smart parking, HD mapping, live road conditions,
3 min read


Cango (NYSE: CANG) launches Auto View focused on vehicle technologies
Cango is a leading automotive transaction service platform in China connecting dealers, financial institutions, and car buyers.
2 min read


Innovusion closes on $66 million its LIDAR technology for autonomous vehicles
"“LiDAR is an essential technology enabling the development and global adoption of new autonomous vehicles. "
4 min read


Boeing and AE Industrial Partners launch a platform for aerospace venture capital investing
Platform wil expand Boeing[s VC investing with a broader emphasis on sustainability.
3 min read


EV battery manufacturer, SVOLT Energy Technology closes on $538 million in less than five months
Funds will be used for R&D and construction of new factories. Its production capacity is expected to exceed 200GWH in 2025
2 min read


SkyWater Technology commits to invest $56 million in expansion and gallium nitride technology
As noted in the White House Supply Chain Review, there is a significant need for a U.S.-based foundry to offer technology services for GaN.
7 min read


Yamaha Motor establishes $100 million environmental technology investment fund
The fund will support new businesses that contribute to the preservation and/or progress of the global environment.
1 min read


Venti Technologies receives $8 million to scale its autonomous mobility for supply chain markets
Venti is a safe-speed autonomous mobility company leading the future of transportation for moving goods and people.
4 min read


Sonatus closes on $35 million to advance software for next generation vehicle software
This funding will allow Sonatus to help automakers transform vehicles into “data centers on wheels”
4 min read


Tan Delta announces real time oil analysis technology to reduce oil consumption and CO2 emissions
A new oil analysis sensor technology enables a tiny, low cost, sensor to be fitted to any equipment to analyze oil quality in real time.
2 min read


Tula announces technology to reduce CO2 by 11% in hybrid diesel vehicles
For manufacturers of light duty commercial vehicles, this technology offers a compelling and cost-effective solution to achieve Euro 7...
2 min read


Waabi raises $83.5 million to build the next generation of self-driving technology
Waabi’s approach unleashes the power of AI to drive safely in the real world, bringing self-driving closer to commercialization
5 min read


Over 2.1 million rides completed last month with Senmiao Technology's ride-hailing platform
Senmiao provides automobile transaction and related services and operates its own ride-hailing platform aimed at the growing market.
2 min read


Scantinel, developer of sensors for autonomous vehicles, Scantinel closes on growth financing
The LiDAR market is further consolidating and it’s becoming clearer which technologies and startups will make it to mass production...
2 min read


ZeroSound Systems completes financing for its technology to protect first responders
The funds will accelerate development of ZeroSounds technology as a standard on new-build fire trucks.
2 min read


EnergyX obtains $20 million in committments to further its direct lithium extraction technology
EnergyX is focused on delivering scientific innovations in sustainable lithium extraction methods and solid-state battery energy storage
2 min read


TDK Ventures raises $150 million for global investments in industries including materials science
This new fund renews our commitment to supporting hard-tech entrepreneurs creating innovations for the greater good.
4 min read


Over 1.5 million completed rides on Senmaio Technology's ride-hailing platform in March
The growth rate of the number of completed orders and drivers completing rides from Feb to March was approximately 117% and...
1 min read
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