San Francisco based start - up rideOS has raised $ 25 m in a series B funding round led by Siemens ' investment firm Next47 , and featuring participation from Singapore - based ST Engineering Ventures . The investment from Next47 will be used to help rideOS expand its services to global transportation markets. In addition , Next47 will join rideOS ' board and help the company internationally expand its platform , which supports the roll - out of next - generation transportation fleets . The move follows a recent partnership between rideOS and ST Engineering covering the launch of autonomous mobility vehicles in Singapore .
San Francisco based start - up rideOS has raised $ 25 m in a series B funding round led by Siemens ' investment firm Next47 , and featuring participation from Singapore - based ST Engineering Ventures . In addition , Next47 will join rideOS ' board and help the company internationally expand its platform , which supports the roll - out of next - generation transportation fleets . The move follows a recent partnership between rideOS and ST Engineering covering the launch of autonomous mobility vehicles in Singapore .