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Platform Science raised $125 million in growth capital to accelerate innovation in the commercial transportation sector with strategic investors including C.R. England, Cummins, Daimler Truck, PACCAR, RyderVentures, and Schneider.

PRIVATEApr 09, 2024

Amount Raised

$125 Million

Round Type

Funding Round

San DiegoInformation TechnologySoftwareTransportationAutomotive

Investors

Prologis VenturesNew Road Capital Partners8VCManhattan Venture PartnersBdt & Msd PartnersActivant CapitalSchneiderRyder VenturesPaccarDaimler TruckCumminsC.R. England

Description

Platform Science announced today that it raised $125 million in growth capital to accelerate innovation in the commercial transportation sector. The investment will enable the company to advance its growth and capitalize on the opportunity to drive innovation in the industry.

Who else raised in Transportation and Automotive around the same time

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

  • Lucid Group raised $1B (Funding Round) on March 25, 2024.
  • Zeno raised $1.9M on May 15, 2024.
  • Wayve Technologies Limited raised $1.1B (Series C) on May 6, 2024.
  • Bolt raised $236M (Funding Round) on May 3, 2024.
  • Motional raised $923M (Funding Round) on May 2, 2024.
  • STELLA™ Automotive AI raised $20M (Series A) on May 1, 2024.

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Company Information

Company

Platform Science

Location

San Diego, California, United States

About

Platform Science is transforming transportation technology by empowering enterprise fleets with a unified, user-friendly technology platform. Platform Science makes it easy to develop, deploy, and manage mobile devices and applications on commercial vehicles, giving fleets an edge in efficiency, flexibility, visibility, and productivity. The customizable platform delivers an unlimited canvas to fleets and developers seeking to innovate and create new solutions as customers' needs, businesses, and industries evolve. Platform Science was named by Fast Company as one of the World's Most Innovative Companies and has twice been ranked #2 in the FreightTech 25 Awards by industry news leader FreightWaves.

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Related People

1 contact
Verified contacts12 people are listed at Platform Science. We don't have their email yet.See plans and pricing
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Platform Science raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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