$15.9M
The financing was backed by Sompo Light Vortex and existing investors.
W
Wejo
Wejo provides smart mobility cloud and software solutions for connected vehicles.
$129MTotal raised
Manchester-based Wejo manages and transforms data from connected, electric and autonomous vehicles to power mobility solutions.
Categories
Founders
RB
Richard Barlow
CEO
Richard is the founder and chief executive officer of wejo, and previously served as executive vice chair at LeadX Ltd.
LinkedInInvestors
- $15.9M
- £10.0M
- $103MGMGeneral MotorsLead
Funding history
£10.0M
The £10m Series B follow-on round was led by DIP Capital with backing from the UK government's Future Fund to drive global expansion and new product development.
$103M
General Motors acquired a 35% stake in the technology company as part of a round that values the business at $275m.