4 years ago
Eatron Secures $11 Million Series A Funding to Accelerate Electric Vehicle Software Platform
Eatron, a UK-based intelligent automotive software platform provider, has raised $11 million in Series A funding led by MMC Ventures with participation from Aster Capital and Vinfast
The company plans to use the funds to expand its platform with additional partnerships, accelerate development of new intelligent features, and grow its development teams in the UK, Turkey, and China
Eatron also plans to expand its sales teams in Germany, India, and the USA, creating over 50 new jobs globally
Founded in 2018, Eatron has developed a software platform that spans from the edge to the cloud, offering differentiated software applications for battery management (BMS), intelligent motion control, and advanced driver assistance (ADAS)
The company has a list of OEM customers and partnerships worldwide, including collaborations with Vinfast and the Hirschvogel Group.
ProblemTechnology
"making software-defined electric vehicles more efficient, safer, and continuously optimized in performance."
Solution
"Eatron provides a software platform that optimizes the performance, efficiency, and safety of electric vehicles through AI-powered applications for battery management, intelligent motion control, and advanced driver assistance."