Automotive-focused visual technology startup Spyne has raised $16 million in a ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/series-a-funding” target=”_blank”>Series A funding round led by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/vertex-ventures” target=”_blank”>Vertex Ventures.The round also witnessed participation from existing investors rel=”dofollow” href=”https://economictimes.indiatimes.com/accel-ltd/stocks/companyid-8903.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>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 ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/automotive-retail” target=”_blank”>automotive retail operations.
“We are expanding very aggressively in…
