Canada-based connected car platform Mojio received C$30m ($23.3m) in a series B round yesterday that included commitments from e-commerce group Amazon, telecoms firm Deutsche Telekom and energy firm Innogy.
The corporates invested through their respective investment subsidiaries Alexa Fund, Deutsche Telekom Capital Partners and Innogy Ventures. The round was led by Kensington Capital.
BDC IT Venture Fund, an investment vehicle of state-owned economic development agency Business Development Bank of Canada, also participated, as did Relay Ventures and Trend Forward Capital.
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