GetYourGuide and Deliveroo both announced new funding today, with Deliveroo raising $575M led by Amazon and GetYourGuide $484M led by Softbank’s Vision Fund. NGP Capital first invested in both companies in 2015, both investments were made in NGP Capital’s Smart Mobility theme.
AI2GO gives developers access to hundreds of deep learning models, which can be deployed on resource-constrained devices such as car dash cams and home security cameras with a few lines of code.
As 5G networks begin to roll out, one of the most heavily hyped use cases is Industry 4.0, or the “factory of the future.”
Traditionally in venture capital, funds do not invest in direct competitors. “There are tremendous synergies, but on the other hand there is significant risk of tremendous conflicts of interest,” said Paul Asel, Managing Partner at NGP Capital and a longtime mobility investor.
Winners will be provided with up to $175,000 in financial assistance and the opportunity to collaborate with experts from Nokia and Nokia Bell Labs to help grow their businesses and unleash new levels of productivity for the industrial and public sectors.
Getaround has acquired Drivy for $300M to move closer toward a shared vision of creating a world in which all cars are shared, and people everywhere are empowered to carshare – to contribute building more livable cities that are both less congested and polluted.
Upal Basu, Partner at NGP Capital, says the focus should be on the United States working to maintain its own advantage in 5G “instead of focusing on Huawei.”
Paul Asel, Managing Partner of NGP Capital, sheds light on the company's investment style and strategy.
Meet some of the driving forces behind the scenes at NGP Capital – our newest Vice Presidents, Chad Bailey and Ossi Tiainen.
$20M+ funding from elite investors to support Zinier’s goal of transforming the $6B+ field service management market with intelligent automation.
BMW i Ventures is leading the round with participation from new investors NGP Capital, Volvo Cars Tech Fund, Clearvision, Draper Nexus and existing investors Sequoia Capital and Spark Capital.
Xnor pioneers new machine learning and computer architecture approach to deliver an efficient AI technology that operates independently of the cloud or a power source.