Sompo Japan Nipponkoa led the autonomous vehicle software developer's series A round, which included Yamaha Motor, Aisan Technology and existing investor KDDI.

Japan-based autonomous driving software developer Tier IV secured ¥11.3bn ($105m) yesterday in a series A round led by insurance firm Sompo Japan Nipponkoa. Motorised vehicle manufacturer Yamaha Motor, agricultural machinery producer Aisan Technology and telecommunications firm KDDI also participated in the round, along with investment firm Jafco. Tier IV is developing open-source autonomous driving software…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.