Denso and LG Technology Ventures have returned with series C capital to support the mobility technology developer's technology and international growth.
US-based fleet management technology provider Ridecell has collected $45m in series C funding from investors including automotive components maker Denso and consumer electronics producer LG.
The round was led by venture capital firm Fort Ross Ventures with contributions from Solasta Ventures, Activate Capital and Initialized Capital, while LG took part through corporate venturing arm LG Technology Ventures.
Ridecell provides software that helps users build and operate ride hailing and car sharing services as well as manage fleets of vehicles. It…
