Microsoft, Bridgestone and Qualcomm all contributed to a series D round for MIT spinout ClearMotion, which emerged from stealth earlier last year with $130m in funding.
ClearMotion, a US-based autonomous driving system spinout of Massachusetts Institute of Technology, secured $115m on Wednesday in a series D round led by investment manager Franklin Templeton Investments.
The round featured automotive component manufacturer Bridgestone, software producer Microsoft and mobile chipmaker Qualcomm, as well as special interest group AARP’s Innovation Fund as well as Eileses Capital, World Innovation Lab (WIL) and NewView Capital as well as clients advised by JP Morgan Asset Management.
Founded in 2009, ClearMotion has created…
