Tech Company Financing Transactions
TIER IV Funding Round
TIER IV closed a $54 million Series B funding round on 6/17/2024. Investors included private investors.
Transaction Overview
Company Name
Announced On
6/17/2024
Transaction Type
Venture Equity
Amount
$54,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to further enhance its software development capabilities, particularly in advocating the concept of reference designs. The funds are earmarked for launching the production of Level 4 autonomous driving systems, leveraging TIER IV's advanced software platforms and reference designs. The funds will also boost the company's efforts to develop safety assessment methods that integrate processes and tools.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Jacom Building, 1-12-10 Kitashinagawa
Tokyo, Shinagawa-ku, 140-0001
Japan
Tokyo, Shinagawa-ku, 140-0001
Japan
Phone
Undisclosed
Website
Email Address
Overview
We do things which others have never done before by creating completely new methodologies. We co-create value boldly by delicately disrupting conventional value. We provide open access to autonomous driving technology such that everyone, from individuals to organisations, can participate in and contribute to a sustainable ecosystem of intelligent vehicles and autonomous driving technology for the benefit of society.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shinpei Kato
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