US-based automated safety technology company Peloton Technology has added aerospace company Lockheed Martin to its series A investors, increasing the size of the round to $17m.
Car components manufacturer Denso International America and semiconductor technology producer Intel’s investment vehicle, Intel Capital, co-led the round’s $16m first tranche in April this year.
Auto parts supplier Magna International, and Castrol InnoVentures, Volvo Group Venture Capital and UPS Strategic Enterprise Fund, the respective corporate venturing arms of lubricants producer Castrol, automotive manufacturer…
