Spyne raises $16 million in round led by Vertex Ventures

Share via:


Automotive-focused visual technology startup Spyne has raised $16 million in a Series A funding round led by Vertex Ventures.The round also witnessed participation from existing investors Accel, Storm Ventures, and Alteria Capital.

The Gurugram-based company plans to use the fresh capital to expand its presence in the US while also growing in Europe, the Middle East and Africa (EMEA), and Asia Pacific. It is also developing artificial intelligence (AI)-driven solutions to optimise automotive retail operations.

“We are expanding very aggressively in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

admin
admin
Hi! This is Admin.

Popular

More Like this

Spyne raises $16 million in round led by Vertex Ventures


Automotive-focused visual technology startup Spyne has raised $16 million in a Series A funding round led by Vertex Ventures.The round also witnessed participation from existing investors Accel, Storm Ventures, and Alteria Capital.

The Gurugram-based company plans to use the fresh capital to expand its presence in the US while also growing in Europe, the Middle East and Africa (EMEA), and Asia Pacific. It is also developing artificial intelligence (AI)-driven solutions to optimise automotive retail operations.

“We are expanding very aggressively in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

admin
admin
Hi! This is Admin.

More like this

Fintech giants expand services despite stock volatility

PayPal, under CEO Alex Chriss, reported total payment...

The 1% Club Eyes Expansion Into Fintech, Targets INR...

SUMMARY The 1% Club is looking to expand its...

What Does It Mean For Zomato?

When Zomato announced that it would become Eternal,...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!