Fundz

Faction Announces Funding From Tdk Ventures

PRIVATEDec 20, 2021

Round Type

Funding Round

San FranciscoTransportation

Description

Faction Technology, Inc. - Faction today announced an investment from TDK Ventures, Inc., a subsidiary of TDK Corporation (TSE:6762). Faction is taking a unique approach to both driverless technology and lightweight vehicle systems that can dramatically impact how we move goods and people. Faction vehicles combine autonomy with remote human teleoperation which allows driverless vehicle systems to be productized without waiting for 100% autonomous technology.

Quick answer

Faction raised an undisclosed amount in a Funding Round round, dated December 20, 2021. Faction is based in San Francisco, California, United States.

How much did Faction raise?
Faction raised an undisclosed amount in a Funding Round round on December 20, 2021.
What does Faction do?
Faction Technology, Inc. is a Silicon Valley startup that develops driverless solutions based on light electric vehicles.
Where is Faction based and how big is it?
Faction is based in San Francisco, California, United States.

Source: Fundz verified event record.

Who else raised in Transportation around the same time

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

  • HERE Technologies raised an undisclosed amount (Series B) on January 27, 2022.
  • InCharge Energy raised an undisclosed amount (Funding Round) on January 27, 2022.
  • Mayd raised an undisclosed amount (Series A) on January 27, 2022.
  • Transportation And Logistics Systems raised $700K (Seed) on January 26, 2022.
  • Ola Electric raised an undisclosed amount (Funding Round) on January 24, 2022.
  • Ola Electric raised $200M (Funding Round) on January 24, 2022.

Who to call at Faction, and when

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Company Information

Company

Faction

Location

San Francisco, California, United States

About

Faction Technology, Inc. is a Silicon Valley startup that develops driverless solutions based on light electric vehicles. Founded in February 2020, Faction is on a mission to revolutionize micro-logistics and vehicle-on-demand. The company believes the future of sustainable transportation is to develop driverless vehicles that are safe, cost-effective, and right-sized to serve a range of use cases for both business and passenger transportation needs. For more information visit www.faction.us

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Faction 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.