Auto Tech news and trends

Car IQ Raises $15M to Drive the Future of Machine-to-Machine Payments Using Cars
Connected Economy // February 07, 2023

Tomorrow’s connected ecosystem will leverage machine-native wallets, enabling authenticated machine-to-machine transactions across various commercial settings. No people necessary. That’s the vision of Sterling Pratz, CEO at leading payment solution for vehicles and fleets Car IQ, who tells PYMNTS’ CEO Karen Webster that he and his investors see...

Israeli Cybersecurity Firm Lands $30M To Expand Into Vehicle Protection
International // October 21, 2019

Israel’s Upstream Security has notched $30 million in a Series B funding round led by Renault Venture Capital, Upstream announced in a press release on Monday (Oct. 21). The funding included Volvo Group Venture Capital, Hyundai, Hyundai AutoEver, Nationwide Ventures as well as others. Original...

Do Consumers Like Auto Tech Any Better Than They Like Mobile Payments Tech?
Internet of Things // August 24, 2016

Driverless cars are on the road. Take a ride down US 101 in San Francisco and you may see one. Uber also announced that soon a driverless car might be dispatched to pick up passengers in the Pittsburgh market as it assesses the feasibility of...

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Israeli Cybersecurity Firm Lands $30M To Expand Into Vehicle Protection

October 21, 2019
Israel’s Upstream Security has notched $30 million in a Series B funding round led by Renault Venture Capital, Upstream announced in a press release on Monday (Oct. 21). The funding included Volvo Group Venture Capital, Hyundai, Hyundai AutoEver, Nationwide Ventures as well as others. Original investors Charles River Ventures, Glilot Capital and Maniv Mobility also […]