Tag: ridecell
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Kanglim invests in Ridecell and forms partnership to create IoT platform for industrial vehicles
Kanglim, a South Korean builder of specialty industrial vehicles, has formed a strategic alliance with Ridecell, a provider of a platform for fleet-driven businesses. Ridecell will collaborate with Kanglim to develop an IoT automation and mobility platform for specialty industrial vehicle fleets. Kanglim’s vehicles include industrial cranes, fire trucks, electrical work vehicles, aerial platforms, military…
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Toyota’s Woven Capital invests in autonomous vehicle fleet platform Ridecell
Woven Capital, a venture capital unit of Toyota, has made an investment in Ridecell, a platform powering digital transformations and IoT automation for fleet-driven businesses. Woven Capital is an $800 million global investment fund that supports innovative, growth-stage companies in mobility, automation, artificial intelligence, data and analytics, connectivity, and smart cities. It is the investment…
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Ridecell launches ‘first ever platform’ to convert vehicle data into automated operations
Ridecell, a provider of automation for vehicle fleets, has launched its Fleet IoT Automation, which it describes as “the first IoT driven automation platform designed specifically for fleet-based businesses”. Fleet IoT Automation integrates data insights with digital vehicle control to turn today’s manual processes into automated workflows. The result is a self-acting fleet digitalization system…
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Wrapify, Kiwibot and Gong partner for ‘first’ autonomous bot delivery campaign
Wrapify, the advertising tech platform for brands powered by out-of-home and the gig economy, has agreed a “first-of-its-kind” autonomous bot delivery campaign alongside partners Kiwibot, the delivery robot company, and Gong, the revenue intelligence platform, kicking off in San Jose and coming soon to Denver and Los Angeles. Robotic delivery services can promise contactless delivery,…
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Ridecell raises $45 million in latest funding round
Ridecell, the startup providing fleet management software for autonomous vehicles, has secured $45 million in its Series C financing round. The round was led by new investor, Fort Ross Ventures, and includes new investor Solasta Ventures. Existing investors Activate Capital, Denso, LG Technology Ventures, and Initialized Capital also participated in the round.
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Autonomous vehicles and software developer Ridecell raises $60 million in second funding round
Ridecell, a developer of autonomous a ride-hailing platform, which includes software and driverless vehicles, has expanded its Series B equity investment round. The new investments have more than doubled the capital raised in the initial Series B round – $28 million announced in May – to more than $60 million. The complete Series B round…
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Carsharing startup Ridecell closes $30 million new funding round
Ridecell, the platform for carsharing, ridesharing, and autonomous fleet operators, has closed its Series B funding round of $28.61 million. The investment round was led by Cox Automotive, with participation from return investor Initialized Capital. Additional funding came from industry partners across the mobility ecosystem, including Denso, Penske, Deutsche Bahn and Mitsui.
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Ridecell buys Auro Robotics and launches ‘first complete’ autonomous mobility platform
Ridecell, which provides a platform for carsharing and ridesharing operators, has acquired Auro Robotics, a California-based developer of autonomous vehicle technology, in an all-stock transaction. Ridecell also announced the public availability of its autonomous operations platform which has successfully been used in autonomous pilot programs. With these two initiatives, Ridecell says it now offers “the industry’s…