Mobility analytics provider Teralytics, an ETH Zurich spinout, has added funding from investors including Robert Bosch Venture Capital and Atomico.
Robert Bosch Venture Capital, the corporate venturing subsidiary of industrial group Robert Bosch, has led a $17.5m funding round for Switzerland-based mobility analytics platform developer Teralytics.
DB Digital Ventures, Innogy Ventures and LBBW Venture Capital, respective investment vehicles for rail operator Deutsche Bahn, energy supplier Innogy and state-backed banking group Landesbank Baden-Württemberg, also took part in the round, as did Liil Ventures, Atomico and Lakestar.
Founded in 2012, Teralytics has developed software that enables cities and transport services to analyse mobility data sourced from telecommunications networks by leveraging data science and machine learning technologies.
The company provides the technology to infrastructure developers, transport planners and shared mobility services, and said it will use the capital to expand its international footprint.
Teralytics’ co-founders include Donald Kossmann, then a professor in ETH Zurich’s Department of Computer Science, and Georg Polzer, then a research assistant at the university.
…
