FutureMove Automotive develops Digital and Mobility products encompassing software, hardware and an operations platform and positions itself as a Digital and Mobility Service Provider with the vision “Smart Vehicle as Service.” The company said proceeds from its A+ round will fund R&D across its product stack and operations. Leadership (CEO and Chairman John Wang) highlighted strategic collaboration opportunities with industrial partners in smart home, intelligent manufacturing, smart logistics and IoT. The company has delivered technology and services to global OEMs, and Photon Fund had been an existing investor from the A round. FutureMove framed the A+ financing as strategically important to deepen its digital and mobility offerings and expand market services. No operating metrics (revenue/users) were disclosed in the article.

Total raised

$8M

Funding rounds

1

Latest round

Series A

Latest activity

Nov 2017