Autotech Ventures secures $230M to invest in mobility startups
Venture capital firm Autotech Ventures has secured $230 million to invest in ground transportation startups. The latest capital acquisition marks ...
Tag: investment
Why lenders must prioritize technology over perfection
Prior to the pandemic, executives in the auto finance industry were starting to embrace innovative cloud and software-as-a-solution (SaaS) technologies, implementing digital transformation and ...
Axis Auto receives $12.3M investment from Westlake-driven fintech
Axis Auto Finance is improving its direct digital loan origination process in the Canadian market through a $12.3 million investment ...
![Toyota to Raise Markup Caps Following Early Termination of CFPB Consent Order [FULL DETAILS]](https://www.autofinancenews.net/wp-content/uploads/2018/05/3949070615_462d7da4b6_b.jpg)
Toyota to Build U.S. Battery Plant Under $3.4 Billion Plan
Toyota Motor Corp. plans to invest $3.4 billion in the U.S. through 2030 to establish a new company and build ...
Tekion valued at $3.5 billion as Durable, Alkeon, Hyundai invest
Tekion, a cloud-based automotive software provider, has more than tripled its valuation to $3.5 billion after raising $250 million from ...
Octane Lending secures $52M series D funding
Powersports fintech Octane Lending raised $52 million in series D funding this week, pushing the company’s total equity funding past ...
Louis Bacon-backed fund invests $50M in EV maker Fisker
Electric-vehicle startup Fisker Inc. has raised $50 million from hedge fund veteran Louis Bacon, with the money going toward engineering ...
Moody’s: I-Banks spend $72B annually to fend off fintechs
Global investment banks are making major digital investments to keep pace with fintechs, Moody’s Investors Service reported in a research ...
