German luxury vehicle maker BMW AG on Wednesday stated its BMW iVentures mission capital arm has invested an undisclosed amount in California-based Scoop technologies, which offers a smartphone-powered carpooling provider known as Scoop. BMW’s circulate is the cutting-edge in a flurry of investments via automakers in generation enterprise startups that appear to be aimed toward convincing consumers to do with ... Read More »
Tag Archives: Invests
Sony to accumulate AI as Key business Pillar, Invests in US Startup
Japan’s Sony Corp stated it plans to accumulate its synthetic intelligence (AI) enterprise and eventually turn it into a main revenue supply, beginning with an investment in a US startup. The electronics maker has invested an undisclosed sum in California-based Cogitai. The year-antique company, founded by 3 researchers, specializes in era that permits machines to examine usually and autonomously from ... Read More »
Ratan Tata Invests in B2B Marketplace Moglix
Leading industrialist Ratan Tata has invested in Moglix, an e-commerce company specialising in B2B procurement of industrial products, continuing his slew of investments in startups across the world. This is Tata’s sixth investment this year after investing in five companies DogSpot.in, Tracxn, CashKaro, FirstCry and Teabox last month. Tata has invested an undisclosed amount in the company and with his ... Read More »