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

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