ClearMotion, a Boston, MA-based software-defined chassis company with the mission to transform the quality of time in motion, raised $39M in funding.
The round was led by NIO Capital with additional investors including BAI Capital, Franklin Templeton, NewView Capital, and Acadia Woods Partners.
The company intends to use the funds for an expected 2024 launch of its CM1 technology, with plans to expand globally.
Led by Christian Steinmann, CEO, ClearMotion is advancing CM1, its patented high-bandwidth active suspension technology that cancels unwanted motion in the car to improve ride comfort, productivity, and safety via active suspension and proactive road sensing software.
The company was founded out of MIT and has locations in the greater Boston area and Birmingham, UK.
FinSMEs
09/09/2022