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'It's A Huge Deal': Delphi Buys Autonomous Startup nuTonomy
Tuesday, October 24, 2017 - 12:22pm | 631The autonomous driving startup nuTonomy — which received seed funding from the mobility-focused, Detroit-based venture capital fund Fontinalis Partners — is being acquired by Delphi Automotive PLC (NYSE: DLPH) in a $450 million deal. The purchase accelerates Delphi’s...
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Drone Startup Hangar Raises $6.5 Million Seed Round
Thursday, October 20, 2016 - 9:09am | 537Hangar, a software company that specializes in autonomous data capture using drone technology, was co-founded by Colin Guinn. Guinn may be best known for being the first person to fly a drone in Congress and is synonymous with drones in international media. The company's other co-founder,...
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Fontinalis Announces Strategic Investing In Cloud Supply Chain Platform Elementum
Thursday, June 16, 2016 - 9:41am | 258Michigan-based Fontinalis Partners, LLC, a strategic investment firm, revealed Thursday is "has invested in Elementum, a cloud supply chain platform that unifies procurement, logistics, manufacturing and inventory operations." According to the company, "Elementum maximizes supply chain velocity...
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INRIX Acquires 'Smart Parking' Company ParkMe
Thursday, September 10, 2015 - 2:15pm | 424INRIX, which provides traffic data to high-profile clients around the world, has agreed to acquire ParkMe, a company that provides a “smart parking” service that allows customers to locate, reserve and pay for parking via their smartphones. The deal will allow INRIX to expand the...
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Fontinalis Extends Investment In Lyft, Next-Gen Mobility Scope
Monday, May 25, 2015 - 1:22pm | 495Venture capital firm Fontinalis Partners announced a new investment in Lyft today. Lyft is the San Francisco-based ridesharing service provider and leader in the sharing economy movement. Next-Gen Mobility Fontinalis, co-founded in 2009 by Bill Ford, seeks to invest in companies with creative...