Tech Company Financing Transactions
Phantom AI Funding Round
Phantom AI closed a $22 million Series A financing round on 4/4/2020. Investors included Celeres Investments, DSC Investment and Ford Motor Co..
Transaction Overview
Company Name
Announced On
4/4/2020
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series A
Investors
Proceeds Purpose
The company will use the new financing to accelerate product development while scaling operations in Europe and Asia.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
2177 Leghorn St.
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Undisclosed
Website
Email Address
Overview
Phantom AI is a remote control-as-a-service safety solution for autonomous vehicles (AVs). The company's low-latency, high-bandwidth technology allows trained tele-operators to remotely support AVs encountering challenges that can't be resolved by current autonomous technology or when passengers seek assistance.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on every notable VC transaction. VC investment data records on this site are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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