Tech Company Financing Transactions
SafeAI Funding Round
SafeAI, operating out of Milpitas, secured $38 million in funding from Autotech Ventures, Brick & Mortar Ventures and BuildersVC.
Transaction Overview
Company Name
Announced On
12/14/2022
Transaction Type
Venture Equity
Amount
$38,000,000
Round
Series B
Investors
Proceeds Purpose
The company will use the funding to accelerate their autonomous vehicle technology roadmap, and to scale operations globally to service and deploy their growing customer base.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1900 McCarthy Blvd.
Milpitas, CA 95035
USA
Milpitas, CA 95035
USA
Phone
Undisclosed
Website
Email Address
Overview
SafeAI is creating the future of autonomous heavy equipment. We are taking the traditional mining and construction site models and revolutionizing them, making them intelligent and autonomous. With SafeAI technology, all parts of a worksite will be interconnected and optimized, accelerating the time to completion.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bibhrajit Halder
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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