The vehicle communication technology developer has added $10m from investors including the Toyota-backed Mirai Creation Investment Fund to the $30m it raised in March.
Israel-based vehicle communication technology developer AutoTalks has increased a series D round backed by several corporate investors to $40m with capital from participants including investment fund Mirai Creation Investment Fund.
Mirai, which was formed in 2015 by carmaker Toyota, financial services firm Sumitomo Mitsui Banking Corporation and asset manager Sparx, was joined by unnamed existing investors to add $10m to a now oversubscribed round that reached its initial close in March 2017.
AutoTalks is developing chipsets that will…