Autobrains closes USD 120M Series C at USD 267.5M pre-money valuation

Mar 10, 2022 · Funding · Autobrains · Automotive

Autobrains completed its USD 120 million Series C; PitchBook records the financing at an exact USD 267.5 million pre-money valuation.

Autobrains completed a $120 million Series C led by Temasek to advance its autonomous-driving AI and expand into trucks and additional global markets.

Autobrains company media
Company media · Autobrains
  • Temasek led the final Series C close, with participation from existing investors Continental and BMW i Ventures.
  • PitchBook records USD 267.5 million as the pre-money valuation for the financing.
  • The valuation is tied to the completed Series C and is not an acquisition or public-market value.