Ford Motor and KT both contributed to a series A round that increased the total raised by the driver assistance technology developer to $27m.
US-based driving software developer Phantom AI has secured $22m in a series A round featuring automotive manufacturer Ford Motor Company and telecommunications firm KT.
Family office Celeres Investments led the round, which included investment firm Millennium Technology Value Partners and venture capital firm DSC Investment. The latter two were billed as existing investors and Phantom said the funding followed a $5m seed round.
Phantom has created a software platform that enables carmakers and automotive component producers to integrate advanced driver…
