BMW i Ventures, Continental, Knorr-Bremse and VinFast were among the investors that helped the autonomous driving software provider close its latest funding round.
Israel-based self-driving technology developer Autobrains has closed its series C round at $120m, featuring investors including automotive producers BMW and VinFast as well as car parts producers Continental and Knorr-Bremse.
Singaporean government-owned investment fund Temasek led the round, in which BMW was represented by BMW i Ventures. The company had initially disclosed a $101m series C round in November 2021 featuring the same investors as the latest close.
Founded in 2019 and formerly known as Cartica AI, Autobrains is…
