HomeSwitzerlandBestMile Closes $2.5M Seed Funding Round

BestMile Closes $2.5M Seed Funding Round

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bestmileBestMile, a Lausanne, Switzerland- and San Francisco, CA-based cloud fleet management platform designed to connect, operate and optimize any fleet of autonomous vehicles, closed a $2.5M seed funding.

The round was led by a super-angel from the Zurich region with participation from Perot Jain, Forticap SA, and private investors from Switzerland, Germany and Silicon Valley.

The company is using the funds to enter the next phase of its development.

A spin­off of the Swiss Federal Institute of Technology in Lausanne (EPFL), BestMile develops cloud technology that leverages the potential of autonomous vehicles to tackle urban mobility challenges. Independent of any vehicle manufacturer, the company provides a fleet management platform designed to connect, operate and optimize any fleet of autonomous vehicles. It manages both scheduled trips and on-­demand service, thus allowing mobility providers to remotely manage heterogeneous fleets composed of autonomous vehicles of different types and brands.
Led by Raphael Gindrat, CEO and co-founder, BestMile recently launched “SmartShuttle” in Sion (Switzerland), its first commercial project, in partnership with PostBus, a provider of public bus transportation in Switzerland.

FinSMEs

21/07/2016

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