Tech Company Financing Transactions

Cavnue Funding Round

Cavnue closed a $130 million Series A funding round on 4/27/2022. Investors included Ford Motor Co., Sidewalk Infrastructure Partners and Landstar System.

Transaction Overview

Company Name
Cavnue
Announced On
4/27/2022
Transaction Type
Venture Equity
Amount
$130,000,000
Round
Series A
Investors

Ford Motor Co. (Lead Investor)

Sidewalk Infrastructure Partners (Lead Investor)

Landstar System

Openvia (Fernando Vallejo)

Proceeds Purpose
Cavnue continues formal, strategic partnerships with other automakers focused on building OEM-agnostic supportive infrastructure that will help fully realize the benefits of ADAS features and AVs. By closely collaborating with automakers on smart roadways and connected infrastructure,

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
219 36th Street, Brooklyn
New York, NY 11232
USA
Phone
Undisclosed
Website
www.cavnue.com
Email Address
Undisclosed
Overview
At Cavnue, we are developing and integrating technologies that will power the world's most technologically connected roads ("cavnues").Our mission at Cavnue is to build the world's most advanced roads, that are safer, offer greater throughput, improve access to affordable and high-quality public transit and shared mobility, and enable more efficient movement of goods.
Profile
Cavnue LinkedIn Company Profile
Social Media
Cavnue Company Twitter Account
Company News
Cavnue News
Facebook
Cavnue on Facebook
YouTube
Cavnue on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tyler Duvall
  Tyler Duvall LinkedIn Profile  Tyler Duvall Twitter Account  Tyler Duvall News  Tyler Duvall on Facebook
VP - Product Management
Eric Hanson
  Eric Hanson LinkedIn Profile  Eric Hanson Twitter Account  Eric Hanson News  Eric Hanson on Facebook

 

 

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