Dutch-based ULU acquires iMoto to provide IOT solutions to the automotive sector

Funding Rounds

Summary

Netherlands-based ULU, an end-to-end IOT solutions provider for the automotive industry, announced on Wednesday that it has acquired iMoto BV, a Dutch company for Connected Mobility hardware solutions. The strategic acquisition will support ULU in expanding its offering into e-mobility and last-mile delivery solutions.

$ Funding

$
Amount - Total raised
Date - Announcement date
Investors ULU Lead investors
Company - Funded company

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industries
Transportation Industry
applications
Web and Content Management

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ULU
$1M to $5M