Tech Company Financing Transactions
Phantom AI Funding Round
InterVest, KT Investment and Renaissance Asset Management participated in a $36.5 million Series C funding round for Phantom AI. The round was announced on 2/1/2023.
Transaction Overview
Company Name
Announced On
2/1/2023
Transaction Type
Venture Equity
Amount
$36,500,000
Round
Series C
Investors
Proceeds Purpose
The company, which has raised a total of $80.2M since its founding in 2017, intends to use the funds to accelerate the current series production development with major OEMs.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shai Magzimof
Chief Operating Officer
Ohad Dvir
VP - Bus. Development
Elliot Katz
VP - Customer Service
Scott Brown
VP - Engineering
Yuval Deri
VP - Engineering
Elrom Silvera
VP - Operations
Jordan Sanders
Browse more venture capital transactions:
Prev: 2/1/2023: Addressable venture capital transaction
Next: 2/1/2023: ValueBase venture capital transaction
Share this article
Where The Data Comes From
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.
Additional Resources for Entrepreneurs