Munich Re – Fusion Nepal

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RideCell expands funding round to $60 million

sudshr47 November 13, 2018

RideCell, a transportation software startup, has doubled its previously announced Series B funding round to $60 million, a sign that investors believe demand for cloud-based mobility platforms will grow as more companies try to scale up car-sharing, ride-hailing and even, robotaxi businesses. The company, which has developed a platform designed to help car-sharing, ride-sharing, and autonomous […]

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Munich Re buys IoT middleware startup, relayr, in deal worth $300M

sudshr47 September 4, 2018 Startups

Berlin based Internet of Things (IoT) startup relayr, whose middleware platform is geared towards helping industrial companies unlock data insights from their existing machinery and production line kit by linking Internet connected sensors and edge devices to platform controls, has been acquired by insurance group Munich Re in a deal which values the company at […]