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Karamba Security raises $10M in new funding; round led by VinFast

Green Car Congress

Israel-based Karamba Security , a leading developer of endpoint protection for connected devices, has secured $10 million in new funding in an extension to its B Round financing. —VinFast deputy CEO, Pham Thuy Linh.

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Daimler first automotive company to test UBQ’s climate-positive thermoplastic material in auto parts

Green Car Congress

Daimler chose to partner with UBQ through Plug and Play’s Startup Autobahn, an innovation platform that connects emerging technologies to pilot opportunities with multinational corporations. Following further trials and examination, Daimler and UBQ will decide whether the material will be incorporated in vehicles to go to market.

Climate 195
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Toyota invests in V2X chipset company Autotalks

Green Car Congress

Israel-based Autotalks, a developer in V2X (Vehicle to Everything) communication chipsets ( earlier post ), has completed its Series D round with about $40 million in investments, an oversubscription of $10 million. One of the V2X market’s key drivers is the rush of automotive OEMs and Tier1s to mass market V2X systems in vehicles.

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Intel completes tender offer for Mobileye; accelerating autonomous driving

Green Car Congress

Intel Corporation and Mobileye N.V. Intel expects the acquisition to accelerate innovation for the automotive industry and to position itself as a leading technology provider in the market for highly and fully autonomous vehicles. Intel estimates the vehicle systems, data and services market opportunity to be up to $70 billion by 2030.

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Qualcomm to procure Israeli chipmaker Autotalks

Baua Electric

Chip fashion designer Qualcomm will purchase Israel’s Autotalks because the U.S. corporate seems to deepen its car industry, Qualcomm stated in a commentary. The corporate had credited the soar to its Snapdragon Virtual Chassis product worn by means of automakers and their providers.

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Intel to acquire Mobileye for $15.3 billion; targeting autonomous driving

Green Car Congress

Intel Corporation announced a definitive agreement under which Intel would acquire Mobileye, a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving. per share in cash, representing an equity value of approximately $15.3

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BMW Group to offer 25 electrified vehicle models by 2025, 12 fully electric

Green Car Congress

The Group’s market share for electric drives in Europe is already three times higher than its market share for combustion-powered cars, added Klaus Fröhlich, Member of the Board of Management of BMW AG, Development. These are key elements of our corporate strategy, NUMBER ONE > NEXT, our roadmap for the future.