Glydways Inc. raises $76 million in Series B funding led by Suzuki for Southeast Asia expansion
May 15, 2024•over 1 year ago
Amount Raised
$76 Million
Round Type
series b
Investors
Eneos Holdings Inc.Mitsui Chemicals Inc.Suzuki Motor Corp.Open Ai
Description
Glydways Inc., an autonomous vehicles and infrastructure company, has raised $76 million in its Series B funding round. The funding round includes contributions from OpenAI co-founder Sam Altman, Japanese automaker Suzuki Motor Corp., Mitsui Chemicals Inc., and oil refinery operator Eneos Holdings Inc. The new investment will support the company's expansion into Southeast Asia and further research and development efforts.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech