Self-driving vehicle technology start-up rideOS raises USD25 million in Series B funding round
RideOS will use the finding for global expansion
US-based start-up rideOS has raised USD25 million in Series B funding round, the company said in a press release on 2 August. The latest funding round was led by Next47, a global venture firm backed by Siemens and participated by existing investor Sequoia Capital. In addition, Singapore-based ST Engineering Ventures also participated in the Series B funding round. Following the latest funding round, Next47 will join the rideOS’s board and will play a key role in expanding the start-up’s presence in European transportation markets.
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