Tantalum Corporation, a London, UK-based provider of solutions to the connected car market, secured further £2.5m ($3.4m) in funding.
Disruptive Capital Investments made the investment.
The company intends to use the funds to expand the US presence, adding an office in Menlo Park (led by technology industry veteran Baris Ruacan), to complement its existing operations in Atlanta and London, and to scale across international markets.
Led by Ozgur Tohumcu, CEO, Tantalum has built a cloud-based, device-agnostic platform for in-vehicle embedded solutions to be integrated with non-proprietary platforms such as Android and iOS smartphones.
Customers include telecom operators, auto manufacturers, insurance underwriters and brokers, government agencies and consumers.
The company is also advancing its Air.Car system across London and other UK cities suffering from illegal levels of NOx and other particulate pollutants.
Tantalum’s partners include global technology and automotive leaders such as Samsung, TomTom, ATOS Worldline, SAP, PwC, Jaguar Land Rover and TNT.
FinSMEs
27/09/2017