Start-Up Ethernovia Get $64 of VC Funding
16 May 2023
Emerging San Jose located company Ethernovia has successfully completed its series A financing round - raising a total of $64 million in capital.
This investment comes from several high-profile sources, including Porsche SE, Qualcomm Ventures, VentureTech Alliance, AMD Ventures and Western Digital Capital. There is good reason why the VC community has been so interested in supporting Ethernovia. The start-up’s advanced Ethernet connectivity expertise is set to play an important part in the development of more data-centric vehicle models based on zonal networking architectures.
“We are extremely grateful for the vote of confidence this group of industry-leading investors has given Ethernovia’s technology and vision for the future of the connected car,” states Ramin Shirani, Ethernovia co-founder and CEO. “We take great pride in developing the cutting-edge network architecture to power the car of the future. These innovations set a new industry expectation in what can be achieved in meeting the cost, power and flexibility that car manufacturers and consumers demand in new vehicles.”
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