Vancouver's Autozen Closes a $5M+ Seed Round and Claims Foothold in the US
Autozen, a Canadian car-selling platform, closes a $5M+ oversubscribed seed funding round led by Vanedge Capital. While Autozen is consumer-focused rather than dealership-vendor focused, it does serve the automotive ecosystem.
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$225M in federal funding set to aid production of SiC chips in US
Bosch receives $225 million in federal funding as part of a larger $2 billion commitment to transform semiconductor production facility. Capital funding announcement.
Fuse Autotech Raises $10M in Series A Funding - FinSMEs
Fuse Autotech announced a $10M Series A funding round. Fuse Autotech is an automotive dealership software vendor serving the dealer ecosystem.
Lucid confirms $750M of fresh investment, scaled-up Uber robotaxi project
Lucid confirms $750M investment from Saudi Arabia's PIF alongside new CEO appointment, with Uber increasing investment and vehicle orders for robotaxi project. Strategic investment funding event for automotive manufacturing company.
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