8 years ago
Tantalum Corporation Secures £2.5 Million Funding for Connected Car Solutions
Tantalum Corporation, a London-based provider of solutions to the connected car market, secured £2.5 million ($3.4 million) in funding from Disruptive Capital Investments
The company plans to use the funds to expand its US presence, adding an office in Menlo Park, and to scale across international markets
Tantalum has built a cloud-based, device-agnostic platform for in-vehicle embedded solutions integrated with non-proprietary platforms like Android and iOS smartphones
Their customers include telecom operators, auto manufacturers, insurance providers, government agencies, and consumers.
ProblemTechnology
"Car owners and fleet managers have limited access to vehicle data, making it difficult to optimise driving behaviours, monitor vehicle health, and manage insurance claims."
Solution
"Tantalum provides a cloud-based platform that connects cars to smartphones and other devices, giving users access to real-time vehicle data. This data can be used to improve safety, efficiency, and sustainability."