Assembly Line

RemotiveLabs secures funding for automotive software platform enabling iteration and speed

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: RemotiveLabs, Volvo

Startup RemotiveLabs is set to ensure that all software engineers, independent of industrial background, can solve challenges and collaborate in the cloud using best-practice approaches in software development. The Malmö-based AutoTech company has secured funding of 900k Euro and is now ready to scale internationally.

Investors include Volvo Cars Tech Fund, Almi Invest and private investor Anette Saleskog. The new funding will be used to continue to develop the platform and to grow awareness in the global marketplace. “The status quo tooling is not only expensive, but also hindering innovation and lowering productivity. We see a great response to what we’ve built so far and now we are set to grow a global community with a developer-first mindset to software in automotive” adds Per Sigurdson, Co-Founder and CEO.

Read more at Telematics Wire