#Netradyne snags M at .35B valuation to expand smart dashcams for commercial fleets

#Netradyne snags $90M at $1.35B valuation to expand smart dashcams for commercial fleets

Distracted driving is one of the leading causes of car accidents and a major reason why auto insurance premiums are expected to increase in 2025. For commercial fleets, that’s a nightmare. But for California-based startup Netradyne, it’s a tailwind.  Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data…

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#EV startup Canoo files for bankruptcy and ceases operations

#EV startup Canoo files for bankruptcy and ceases operations

Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a Chapter 7 proceeding in the Delaware Bankruptcy Court. The company said in a press release published late Friday that it was “in discussions with foreign sources of capital” that proved unsuccessful, and also…

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