Intelligent road technology developer Cavnue raised the cash in a series A round co-led by Ford Motor Company while two other strategic partners, Globalvia and Landstar, also invested.

Automotive manufacturer Ford Motor Company co-led US-based road technology startup Cavnue’s $130m series A round on Wednesday with Sidewalk Infrastructure Partners (SIP), the infrastructure investment firm spun off by internet and technology group Alphabet. Transport infrastructure group Globalvia’s technology and innovation subsidiary, Openvia, also took part in the round, as did freight transportation manager Landstar…

The rest of this content is only accessible to Global Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.