ISEE Raises $40M in Series B Funding

isee

ISEE, a Cambridge, MA-based self-driving technology company, raised $40M in Series B funding.

The round, which brought total funding to $70m so far, was led by Founders Fund, with participation from Maersk Growth, Eniac Ventures, and New Legacy.

The company intends to use the funds to accelerate growth, expand operations and its business reach.

Led by CEO Yibiao Zhao and President & COO Debbie Yu, ISEE is a Self-driving technology company focused on logistics construction sites. With its self-driving yard trucks, logistics yard operators at Fortune 100 companies in e-commerce, retail, automotive OEM, as well as major 3PL players, can gain predictability in the supply chain world.

The company was spun out of MIT in 2017.

FinSMEs

17/11/2022