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Netradyne, a provider of AI-enabled dashcams for commercial fleets, has successfully raised $90 million in a Series D funding round. The investment, led by Point72 Private Investments, comes at a pre-money valuation of $1.25 billion. Other participating investors include Qualcomm Ventures and Pavilion Capital. The funding will be allocated towards strategic investments in research and development, enhanced go-to-market strategies, and global expansion efforts. Netradyne's technology is utilized by fleet operators, including major clients like Amazon.
#Netradyne, on Friday, said it has raised $90 million in Series D round, a capital infusion which it plans to use to accelerate the firm’s growth through strategic investment in R&D, along with aggressive global expansion @PeerzadaAbrar #funding #ai https://t.co/6G2CrJF7oL
📢FUNDING ALERT 📢 SaaS-AI firm Netradyne has raised $90M in Series D funding led by @Point72 Private Investments along with @QualcommVenture & Pavilion Capital The funds will be used for strategic investment in R&D, enhanced go-to-market investments, global expansion https://t.co/5RExc2LPOV
Netradyne Raises $90 Million in Series D Funding Led by Point72 Private Investments https://t.co/wnwLSWqW1P #MachineLearning #AdversarialAI #AI #EnterpriseAI #GenerativeAI