Sweden’s RemotiveLabs raises €900K to empower automotive developers with virtual environment capabilities
Summary
Malmö-based RemotiveLabs, a company empowering automotive engineers by providing a lightweight and flexible development platform, has closed €900K in its second investment round. Volvo Cars Tech Fund, Almi Invest, and Truckdoktorn AB, who participated in the first round in late 2022, are joined by new investors Sandberg Development and S-E-Bankens Utvecklingsstiftelse. Founded in 2020 by Aleksandar Filipov and Per Sigurdson, RemotiveLabs empowers automotive engineers with modern, flexible tools for software development. They leverage open standards like Vehicle Signal Specification (VSS), modern practices such as containerisation, gRPC, and cloud collaboration. Virtualising ECUs and entire vehicle networks significantly increase the ability to find and resolve a majority of software issues early on.”