Mapping solutions start-up Carmera raises USD20 million in Series B financing

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Corporate developments

Company to use funding for expansion of business and team

Carmera has raised USD20 million in Series B financing round, led by GV (formerly Google Venture), the US-based company, developing mapping solutions for self-driving vehicles, said in a blog posted on Medium last week. The latest funding round was also participated by existing investors, including Matrix Partners, which led Series A financing round. Carmera previously raised USD6.5 million. The company plans to use the new funding to expand business and team.

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