Amount Raised
$64 Million
Round Type
Funding Round
Description
Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it had raised $64 million in a Series A funding round including Porsche Automobil Holding SE, Qualcomm Ventures, VentureTech Alliance and others. As automakers pivot to electric vehicles with more driver assistance functions, they are revamping the electronics to eliminate dozens of cables that crisscross the car linking up over 100 microchips. Instead, they are building a central computer to control everything from camera and radar sensors to the windows and the entertainment dashboard. Ramin Shirani, Ethernovia's co-founder and CEO, said he started the company in 2018 to build a single ethernet network in the car that would be the backbone for these new vehicles
Quick answer
Ethernovia raised $64 Million in a Funding Round round, dated May 15, 2023. Ethernovia is based in San Jose, California, United States.
- How much did Ethernovia raise?
- Ethernovia raised $64 Million in a Funding Round round on May 15, 2023.
- What does Ethernovia do?
- Ethernovia is developing the future of Ethernet-based networks to realize the full potential of software-defined and autonomous vehicles, robotics and other intelligent machines.
- Where is Ethernovia based and how big is it?
- Ethernovia is based in San Jose, California, United States. Fundz records about 102 employees.
- Who are the decision-makers at Ethernovia?
- Fundz holds 1 contact at Ethernovia. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Manufacturing around the same time
Companies in the same sectors as Ethernovia that raised within 45 days of this round, from Fundz verified event records.
- OpConnect raised $3M (Seed) on June 26, 2023.
- NIO raised an undisclosed amount on June 20, 2023.
- Aptera Motors raised $79K (Seed) on June 20, 2023.
- Peach Cars raised $5M (Seed) on June 15, 2023.
- FERNRIDE raised $31M (Funding Round) on June 13, 2023.
- Pioneer Corporation raised an undisclosed amount on June 5, 2023.
Who to call at Ethernovia, and when
A new round usually means Ethernovia is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Ethernovia raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ethernovia, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Ethernovia. With Fundz connected, it knows.
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Fundz sees it the moment Ethernovia raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Ethernovia 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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