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A consortium of investors led a $64m Series A round in Ethernovia.

Synopsis

A consortium of investors including Porsche, Qualcomm Ventures, VentureTech Alliance, AMD Ventures, Western Digital Capital, Fall Line Capital, Taiwania Capital, and ENEA Capital led a $64m Series A round in Ethernovia, a developer of a seamless, holistic and streamlined hardware and software systems. “We are extremely grateful for the vote of confidence this group of industry-leading investors has given Ethernovia’s technology and vision for the future of the connected car. We take great pride in developing the cutting-edge network architecture to power the car of the future. These innovations set a new industry expectation in what can be achieved in meeting the cost, power and flexibility that car manufacturers and consumers demand in new vehicles," Ramin Shirani, Ethernovia Co-Founder and CEO.

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