Helm AI

Assembly Line

Helm.ai Announces $55 Million Series C Funding for its AI Software

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Helm AI, Freeman Group, Honda, Goodyear

Helm.ai, a provider of next-generation AI software for autonomous driving and automation of robotics, today announced it raised $55 million in its Series C financing. The round was led by Freeman Group and also includes investments from venture capital firms ACVC Partners and Amplo as well as strategic investments from Honda Motor, Goodyear Ventures, and Sungwoo Hitech. This financing brings the total amount raised by Helm.ai to $102M. Helm.ai will use the funds for R&D, productization of its self-driving technologies, and to further execute on commercial engagements with customers and partners in the automotive and robotics sectors.

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