The urban transit app developer has secured $50m in an Intel Capital-led round featuring Hanaco, BMW iVentures and Nokia Growth Partners.
Intel Capital, the corporate venture capital arm of semiconductor technology producer Intel, led a $50m series D round for Israel-based urban mobility app developer Moovit yesterday.
BMW iVentures and Nokia Growth Partners (NGP), the corporate venturing subsidiaries of automotive manufacturer BMW and communications technology provider Nokia, also took part in the round, as did consumer electronics supplier Hanaco.
Venture capital firms Sequoia Capital, Sound Ventures, Gemini Israel Ventures, Vaizra Investments and Vintage Investments filled out the investors along with BRM…
