Transport

Firefly finds $21.5m spark
Previously backed by Stanford-StartX Fund, Firefly installs digital advertising screens on taxis to provide drivers with greater income and collect urban data for municipal authorities.
RoadBotics inspects $3.9m
The seed funding will support CMU spinout RoadBotics’ automated road inspection platform already used by 78 clients in the US and Australia.
Monashees mobilises Minnesota for $150m fund
University of Minnesota is part of a list of limited partners that provided $150m for Brazil-based venture firm Monashees to close its eighth fund.
Michigan doubles spinout total in 2017-18
The university’s Office of Technology Transfer launched 21 spinouts while achieving a 10% rise in inventions disclosed and a record number of licences and options agreed.
Lunewave takes $5m for a spin
BMW and Baidu are among the investors in sensor technology developer Lunewave's seed round, which will go towards building autonomous vehicle sensors based on the Luneburg principle.
Oxbotica puts $18.5m in the tank
Autonomous vehicle software spinout Oxbotica has secured IP Group, Parkwalk Advisors and Axa XL as investors in its first publicly-disclosed funding round.
Motion-S seals $1.2m
Luxembourg car insurance telematics spinout Motion-S has secured the backing of automobile and cycle trade body Febiac as it prepares to expand into other mobility segments.
SkyRyse glides steady with $25m
Air transit assistance system startup SkyRyse has accrued $25m in seed and series A funding from investors including Stanford University.

Other News

Blickfeld catches another glimpse of seed round
Lidar technology developer Blickfeld has secured a $5.7m extension from investors including Unternehmertum Venture Capital Partners to bring its seed round to $10m.
Aberdeen helps elevate 14 companies
University of Aberdeen and entrepreneurial training firm Elevator have concluded the latest edition of their Accelerator Aberdeen program.
Perpetuum mobilises investors for $3.9m
Rail data analytics technology developer Perpetuum has added Rail Supply Growth Fund to a group of shareholders that already includes IP Group and Parkwalk Advisors.
Investors take another slice of Lime
The Stanford-StartX Fund-backed electric scooter and bike rental service has raised $335m in a GV-led round that also included Uber.
Silexica slices open $18m series B
RWTH Aachen's Silexica has now raised $28m altogether for its software optimisation package for embedded supercomputer applications such as autonomous vehicle technologies.
UAVC selects first three spinouts
Codelucida, Regulonix and Post.Bid.Ship have all been backed by UAVenture Capital.

Editor's Picks

Stanford revs up SmartDrive
Stanford University is joined by Oak Investment Partners and New Enterprise Associates backing the driving intelligence company.
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