Commsignia (Series B)
Funding Details
- Awarder
- SemiNews
- Date Award
- June 12, 2024
- Vertical
- V2X Technology
- Funding URL
- View Funding Page
- Funding Amount:
- $15,000,000
Company Info
- Founding Year
- Not specified in the memo
- Traction
- Commsignia has a presence in major automotive hubs in the US, Germany, and South Korea. They are a V2X technology provider to several automotive OEMs and Tier1 companies. The company has mass production deals with multiple automotive OEMs and is involved in research projects with leading automakers.
- Organizations Involved
- LG Electronics, Samsung Catalyst Fund, Qualcomm Ventures
- Founders
- Szabolcs Patay
- Company Description
- Commsignia specializes in the research and development, manufacturing and distribution of cooperative intelligent transportation systems.
- Market
- Transportation and Automotive Industry
- Location
- Santa Clara, California, US
- Coinvestors
- PortfoLion Capital Partners, Inventure, Day One Capital, Inference Partners, Partech, Credo Ventures, Karma Ventures, LG Electronics, Samsung Catalyst Fund, Qualcomm Ventures