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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.

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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. UBQ operates a test plant in southern Israel which already supplies UBQ to the plastic industry with a capacity of 5,000 tons per year.

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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. Additionally, current Autotalks’ investors increased their investment in the company. —Hagai Zyss, Autotalks’ CEO.

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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 completes tender offer for Mobileye; accelerating autonomous driving

Green Car Congress

Intel Corporation and Mobileye N.V. The combination of Intel and Mobileye will allow Mobileye’s leading computer vision expertise (the “eyes”) to complement Intel’s high-performance computing and connectivity expertise (the “brains”) to create automated driving solutions from cloud to car.

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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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Toyota Research Institute launches Toyota AI Ventures with $100M investment

Green Car Congress

Toyota Research Institute (TRI) is investing an initial $100 million to launch Toyota AI Ventures , a new corporate venture capital subsidiary designed to provide early-stage financing to startup technology companies. TRI participated in SLAMcore’s seed financing in March 2017.

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