Nokia's Connected Car fund made its first investment as part of the driving analytics company's series B round, which also featured Magna, Castrol and Comporium.
Mobile device manufacturer Nokia made the first investment from its $100m Connected Car Fund yesterday, co-leading a $8m series B round for US-based connected car service Zubie.
Automotive parts supplier Magna International co-led the round, which also featured Castrol innoVentures, the strategic investment arm of lubricants producer Castrol, as well as communications company Comporium and venture capital firm OpenAir Equity Partners.
Zubie is the creator of the Zubie Key, a hardware dongle that plugs into a diagnostic port under a car’s dashboard…
