Netradyne® Secures $90 Million in Series D Funding
Deal News | Jan 16, 2025 | Qualcomm Ventures LLC
Netradyne®, a company focusing on driver and fleet safety technologies powered by AI, has successfully raised $90 million in its Series D funding round. Qualcomm Ventures LLC, a subsidiary of Qualcomm Incorporated, led the funding. The investment signifies growing interest and confidence in AI-driven vehicle safety solutions. Netradyne® aims to scale its technological solutions and expand its market reach through this capital infusion. This funding round underscores the vital intersection between technology, safety, and investment, illustrating how innovative solutions in transportation continue to attract substantial financial backing.
Sectors
- Technology
- Transportation
- Venture Capital
Geography
- United States – Qualcomm Ventures LLC and Netradyne® are likely based in the United States, a common hub for technology investment and development.
Industry
- Technology – The article involves Qualcomm Ventures LLC, a technology-focused investment firm, and Netradyne, a technology company specializing in AI for vehicle safety.
- Transportation – Netradyne® focuses on driver and fleet safety technologies, making transportation a relevant sector in this article.
- Venture Capital – The fundraising activity involving Series D funding connects the article to the venture capital industry.
Financials
- $90 Million – The total amount raised in Netradyne's Series D funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Netradyne® | Target Company | Company | A company that develops driver and fleet safety technologies using AI. |
| Qualcomm Ventures LLC | Investor | Company | A leading venture capital firm and a subsidiary of Qualcomm Incorporated. |