The seed round was led by TwinFocus Capital Partners with backing from several institutional funds and prominent angel investors.
"In-car infotainment systems are currently primarily used for entertainment, communication, and navigation in our Jaguar and Land Rover vehicles. We are really excited about the prospect of seamlessly integrating the Caura platform offering in-car payment for parking, tolls, tax, and congestion, which would be a huge benefit to our customers. We are thrilled to back the Caura team’s vision of delivering a digital ownership experience that is setting a new benchmark for the industry."
InMotion Ventures backed the blockchain technology firm to improve supply chain transparency for Jaguar Land Rover.
"This investment is further evidence of Jaguar Land Rover’s commitment to improving the sustainability of its supply chain around the globe, and will help authentically trace raw materials from origin to supplier, eventually to vehicle. The implementation of blockchain technology provides a great opportunity to make a systemic change in supply chain compliance, not just for the automotive world but for other industries, too."
InMotion Ventures and Fontinalis Partners backed the seed round for the school run ride-sharing platform.
"I am delighted that we have been able to invest in GoKid. I was very impressed by Stefanie and her team when we met in Detroit, and there is a clear alignment with our vision for the future of mobility."