Automotive startup ADASWorks receives $2.5 million investment
ADASWorks announced that it closed a Series-A round by Robert Bosch Venture Capital, Inventure, OTP-Day One, and angel investor Tim Draper. The $2.5 million funding will be used for growing the company’s engineering team and testing infrastructure.ADASWorks announced that it closed a Series A round by Robert Bosch Venture Capital from Germany and Inventure from Finland. The venture capital firms were followed by the leading Hungarian seed investor OTP-Day One and angel investor Tim Draper. The funding will be used for growing the company’s engineering team, building a robust testing infrastructure and productizing the current algorithms for automotive clients.Read more »
