DENSO Invests Nearly $100M In Startups
Dec. 6, 2018—DENSO has invested nearly $100 million over a four-year period in startup companies around the world as part of its long-term vision to provide software-based solutions focused on electrification, automated driving, connectivity and shared economy.
Investments include Ridecell's Series B funding for shared mobility, cybersecurity safeguards for connected and autonomous vehicles, semiconductor device expected to reduce the energy, loss, cost, size and weight of inverters used in electrified vehicles, and "smart" radar sensors for autonomous cars.
Several DENSO-backed startups will join DENSO at the 2019 Consumer Electronics Show (CES). Thinci, Dellfer, Metawave and Ridecell will demo their technologies for attendees in DENSO's booth, No. 4619, in Las Vegas, from Jan. 8-11, 2019.