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22 April 2017

Peloton Technology Closes $60 Million Series B Funding Round

By James Ayre

The semi truck platooning technology firm that we reported on recently, Peloton Technology, has successfully closed a $60 million Series B funding round, according to a recent press release.

The Series B funding round was led by Omnitracs, but also featured investments from “Intel Capital, DENSO International America, BP Ventures, Lockheed Martin, Nokia Growth Partners, UPS Strategic Enterprise Fund, Volvo Group, Sand Hill Angels, Band of Angels and Birchmere Ventures along with new investors B37 Ventures, Mitsui USA, Okaya, Schlumberger, US Venture, and Breakthrough Fuel.”

Peloton Technology Closes $60 Million Series B Funding Round was originally published on CleanTechnica.

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GREENTV Source: Peloton Technology Closes $60 Million Series B Funding Round

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