Mobilitech Capital News
4 articles
growth-positive
Intelligent Traffic Control Raises $5M USD in Series A Funding
Intelligent Traffic Control, an Israeli company that provides computer vision and AI/machine learning algorithms for traffic management, has raised $5M in Series A funding. The investment round was led by Champel Capital and Mobilitech Capital. The company plans to use the funds to accelerate growth and expand development efforts. Its technology, which predicts traffic patterns and prevents congestion using existing cameras and traffic light infrastructure, is being deployed in the United States, Brazil, Australia, Israel, and Europe.
InvestmentExpand
growth-positive
דן וסמלת ישקיעו 50 מיליון שקל בהקמת קרן לתחבורה חכמה כלכליסט
Mobilitak Capital, a new fund for investments in smart transportation, has been established by the Dan transportation group and S. C. Motors, the importer of Fiat and Alfa Romeo cars. Both companies will invest 50 million shekels each, and the fund will raise an additional 100 million shekels from institutional investors. The investments will be made in the fields of smart transportation and energy for transportation. The fund has already made two investments, the details of which have not been specified.
InvestmentPartners
growth-positive
Dan smart transport investment unit files for TASE IPO
Dan Mobilitech, a partnership for investments in the smart transportation industry, has filed a draft prospectus to raise NIS 36 million in an Initial Public Offering (IPO) on the Tel Aviv Stock Exchange. The partnership, anchored by Dan Group, aims to invest in startups in the fields of smart and electric transportation. Dan Group sees Dan Mobilitech as a platform for expanding its investments in the smart transportation sector. The funds first target company is Valerann, which has developed a smart platform for monitoring and managing major highways.
InvestmentPublic Trading
Israeli transportation company Dan raising $11 million in R&D partnership IPO
