Sunday, June 16, 2024
HomeFinanceUVeye Raises $31 Million in B-Round

UVeye Raises $31 Million in B-Round

UVeye has completed a Series-B finance round, raising an additional $31 million. Leading the company‚Äôs latest funding round were: Toyota Motors, Volvo, and W.R. Berkley, an American Insurance company. Until now, UVeye had raised $35 million. Toyota also announced it would begin using UVeye products at a number of its locations worldwide.  

UVeye has developed a system that automatically scans the exterior of a car for damage. Thanks to UVeye technology, car rental companies and other fleet operators will obviate the need for a manual inspections of cars. UVeye was founded in 2016.



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