Fundz

DC Connected Car GmbH raised €2.1M in seed funding led by Insurtech-fund VENPACE to accelerate development of its AI-driven virtual car technician platform.

PRIVATEAug 07, 2024

Amount Raised

€2.1 Million

Round Type

Seed

NersingenArtificial IntelligenceAutomotive

Investors

Network VCBusiness AngelsBloomhaus VenturesApxAtlas VenturesBorusan VenturesInsurtech Fund Venpace

Description

DC Connected Car GmbH has closed a €2.1M seed funding round to enhance its AI-driven remote vehicle diagnostics. The funding, led by Insurtech-fund VENPACE, aims to revolutionize the automotive aftersales market with their innovative virtual technician platform.

Quick answer

DC Connected Car GmbH raised €2.1 Million in a Seed round, dated August 7, 2024. Investors: Network VC, Business Angels, Bloomhaus Ventures, Apx, Atlas Ventures, Borusan Ventures and Insurtech Fund Venpace. DC Connected Car GmbH is based in Nersingen, Bayern, Germany.

How much did DC Connected Car GmbH raise?
DC Connected Car GmbH raised €2.1 Million in a Seed round on August 7, 2024.
Who invested in DC Connected Car GmbH?
Network VC, Business Angels, Bloomhaus Ventures, Apx, Atlas Ventures, Borusan Ventures and Insurtech Fund Venpace are named as investors in this round.
What does DC Connected Car GmbH do?
DC Connected Car GmbH is a pioneer in AI-driven remote vehicle diagnostics, founded in 2020 in Leibi, Germany.
Where is DC Connected Car GmbH based and how big is it?
DC Connected Car GmbH is based in Nersingen, Bayern, Germany. Fundz records about 20 employees.
Who are the decision-makers at DC Connected Car GmbH?
Fundz holds 1 contact at DC Connected Car GmbH. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Automotive and Artificial Intelligence around the same time

Companies in the same sectors as DC Connected Car GmbH that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
  • Faraday Future Intelligent Electric raised $14M on September 12, 2024.
  • Faraday Future Intelligent Electric raised $30M on September 6, 2024.
  • Phyron raised $11M (Series B) on July 9, 2024.
  • COMPREDICT raised $15M (Series B) on June 25, 2024.
  • AICrete raised $5M (Seed) on September 20, 2024.

Who to call at DC Connected Car GmbH, and when

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Company Information

Company

DC Connected Car GmbH

Location

Nersingen, Bayern, Germany

About

DC Connected Car GmbH is a pioneer in AI-driven remote vehicle diagnostics, founded in 2020 in Leibi, Germany. Their platform offers a virtual technician solution that automates diagnostic and repair processes to address the labor shortages in the automotive industry. By integrating advanced AI, DC Connected Car enhances vehicle maintenance and customer convenience. The company aims to reshape the automotive aftersales market with its innovative approach and strong partnerships.

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DC Connected Car GmbH raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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