VTB Capital and I2BF Global Ventures Participate in a US$3 Million Round for RoboCV (CEE and CIS)

Souce: RoboCV

RoboCV, a Russia-based developer of vehicle autopilot systems used in commercial vehicles, has received a US$3 million investment from asset manager VTB Capital, venture capital firms I2BF Global Ventures and Almaz Capital, corporate venture fund LETA Capital and global investment company Columbus Nova. The company will use the new funds in the development of existing autopilot systems to automate warehouse vehicles, and to develop new products in collaboration with an intelligent control systems supplier.