Tech Company Financing Transactions
Cyngn Funding Round
Cyngn, based in Menlo Park, secured $33 million from private investors.
Transaction Overview
Company Name
Announced On
1/14/2025
Transaction Type
Venture Equity
Amount
$33,000,000
Round
Undisclosed
Investors
Proceeds Purpose
With this funding, Cyngn remains focused on scaling its autonomous vehicle deployments, accelerating product innovation, and expanding its market reach.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Menlo Park, CA Undisclosed
USA
Menlo Park, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn's self-driving solutions allow existing workforces to increase productivity and efficiency. The Company addresses significant challenges facing industrial organizations today, such as labor shortages, costly safety incidents, and increased consumer demand for eCommerce.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lior Tal
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