14 Sep

Samsung launches $300M autonomous driving fund, puts $90M into TTTech

 Not to be outpaced in the connected car market by other tech giants, today the world’s largest smartphone maker, Samsung, announced two major pieces of news to take its automotive strategy up a gear. It has launched the Samsung Automotive Innovation Fund, a $300 million fund to back startups and other interesting bets in the automotive market. And as a first investment out of that… Read More
Source: TechCrunch – Funding and Exits

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