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holoride completes Series A funding round led by Terranet


holoride completes Series A funding round led by Terranet
Automotive Tech Leaders Join Forces as Terranet Leads holoride s Double-Digit Million Euro Investment Round and Enters into Strategic Alliance.
Munich, Germany and Lund, Sweden - April 22, 2021 - holoride, the company advancing the future of in-vehicle media and winners of the SXSW Pitch 2021, today announced it raised its Series A investing round, collecting €10 million in first closing and earning the company a €30 million valuation.
The round was led by Terranet AB, developers of advanced driver-assistance software, the largest full-service educational and entertainment game development company in the United States and existing shareholder Audi. ....

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Investegate |Terranet Announcements | Terranet: holoride completes Series A funding round led by Terranet


holoride completes Series A funding round led by Terranet
Automotive Tech Leaders Join Forces as Terranet Leads holoride’s Double-Digit Million Euro Investment Round and Enters into Strategic Alliance.
Munich, Germany and Lund, Sweden - April 22, 2021 - holoride, the company advancing the future of in-vehicle media and winners of the SXSW Pitch 2021, today announced it raised its Series A investing round, collecting €10 million in first closing and earning the company a €30 million valuation.
The round was led by Terranet AB, developers of advanced driver-assistance software (ADAS) that specifically addresses safety and comfort through precise, fast, and intelligent sensor technology. Terranet invested the equivalent of EUR 3.2 million in holoride s share issue corresponding to 10.84% of the total number of shares and votes. Other co-investors in this round include a group of Chinese financial and automotive technology investors, orchestrated by Jingjing Xu, an ....

United States , Jingjing Xu , Olof Johannesson , Sven Schuwirth , Aston Martin , Marcus Kuehne , A Santagata Bolognese , Michaela Berglund , Walker Sands , Rudolf Baumeister , Las Vegas , Nils Wollny , Daniel Profendiner , Jesse Schell , Kiley Ribordy , Stefan Grillneder , Terranet Voxelflow , Walt Disney Company , Us Department Of Education , Nomination Committee , Strategic Alliance , Spokesperson Product Technology , Terranet Holding , Smithsonian Institute , Yale University , Saudi Group ,