US-based autonomous car technology startup Nauto has received an undisclosed amount of funding from Allianz Ventures, BMW i Ventures and Toyota Research Institute, respective subsidiaries of insurance group Allianz and carmakers BMW and Toyota, with all three investing as part of newly formed strategic agreements. The capital influx follows $2.8m in debt financing in October 2015, according to a securities filing, and a $12m series A round in April this year led by Playground Global that included Draper Nexus Ventures.
…
