Tech Company Financing Transactions
ClearMotion Funding Round
ClearMotion, based in Billerica, secured $39 million from NIO Capital, Acadia Woods Ventures and Bain Capital Ventures.
Transaction Overview
Company Name
Announced On
9/7/2022
Transaction Type
Venture Equity
Amount
$39,000,000
Round
Undisclosed
Investors
NIO Capital (Lead Investor) (Ian Zhu)
Franklin Templeton (Ryan Biggs)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
805 Middlesex Turnpike
Billerica, MA 01821
USA
Billerica, MA 01821
USA
Phone
Website
Email Address
Overview
ClearMotion is a venture-backed automotive technology startup based in the Boston area. The company was founded out of the Massachusetts Institute of Technology and is focused on launching the world's first digital chassis to usher in next-generation user experience for autos.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shakeel Avadhany
Chief Technical Officer
Zack Anderson
VP - Human Resources
Angela Cheng-cimini
VP - Operations
Scott Sober
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We do our best to document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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